In Canada you are also allowed to defer property taxes once you are a senior, which could be 10k or more on that house. I guess it gets paid back whenever the house is sold or they die and it is inherited. Good for the parents and means less inheritance for the kids which is not a bad thing.

Not sure what you're trying to say. "Pension" is colloquially the same thing as "retirement". Anything that's saved (whether by you or by someone else) for you to live on later in life so that you don't need to work it what we're talking about. Sometimes it's a pension, sometimes it's a 401k or an IRA or investments. Ray has none of that.

Has he said that or is it assumed? Wasn’t he a teacher for a period of time? Don’t teachers get pensions in whatever state he lives in?

I guess it's an assumption, although you'd imagine that in the 50 times it was brought up, if he had some sort of savings or pension or plan he'd have mentioned it. Or he would have found a way to liquidate it to finance his schemes instead of getting jobs.

I think teacher's pension is different state-to-state, but like everything it's based on how much time you've paid into it. Where I live, it's 2.5% of the average of the last 5 year's worth of salaries for every year you've worked, minimum of 5, starting at 65. So realistically, best case scenario, he's going to get 5-7k/yr in about 20 years.

NIO at $5,14 now

Imagine if OP didn't apply margin to a volatile penny stock like a child on cocaine he could have a decent position right now

No decent positions. Only home runs.

It's still NIO so I don't know how long this run will last. I have a hard time valuing the company based on fundamentals because they are as far away from vertically integrated as possible, but they seem to be getting some sales. I suggested in the low $2s that it would be a nice price to initiate a short term trade and those that added shares at that point are looking at a pretty payday. The risk of course was NIO being in serious danger of not surviving, and canceling conference calls lol. So congrats to those that rode the variance train.

The thing is though, as played you are getting it in vs Kx anyways if you are never folding the river, so the fact that the money goes in on the turn or river is moot. On the turn if he has the 20% you think he does then out of the $230 that is in there he is entitled to $46 of it. If you jam the turn you essentially took $46 from his stack and put it in yours.

If you check then you are letting him realize his equity and denying nothing. If that is the case then you need to be making more than $46 on the river through his play. None of this is to mention the times that he has a hand such as 78 and river two pair or trips (in this case if he had a 3 for instance) and we still pay off, so not only do we not get the $46, but we have now lost our $185 in equity plus the additional $195 we have put in on the river. Granted this is only going to happen something like 10% of the time usually, but if you are essentially losing over $400 by checking the turn 10% of the time, losing the $230 in the pot another 10% of the time when they hit and you fold, then you really need for them to be bluff jamming an absurd amount of the time for it to be more profitable.

If run 100 times you would lose $425 10 times ($42) and $230 10 times ($23), so $65 on average. You need to be making $111 on the other 80% of rivers on average just to break even with denying his $46 in equity on the turn. So of the times that he bricks you basically need him to jam 57% of the time just to break even with what you get by jamming turn and denying him equity. This is taking into account that that you never incorrectly fold any rivers also.

This seems absurdly high though, so maybe my math is way off, maybe someone else can chime in.

It's been two weeks. Anything exciting going on?

We were misbehaving so he put us in a two week timeout. Should be just about up.

Sent from my SM-G975U1 using Tapatalk

It has been. That's why I posted.

The high bp, high cholesterol, and severe anxiety not only has been causing concern for me the last couple weeks, but also eating at my roll. A $500 Echo, 4 medications, couple office visits and it makes it hard to build. So not much added since we spoke last. These minor expenses I expect to have during this #50kl challenge. I just hope they are to a minimum. Please let’s not run into any major expenses!
At the end of the first month we are shy of $3k.

Dang. Have you made any changes to your diet and exercise?

Rayz best of luck to you in 2020 man - don't let the internet drag you down. I do hope you continue to post regular updates as if nothing else its a really good read and fun to follow.

Put out some more vlogs for the fans - those were always entertaining. Get some more pictures or fun stuff to follow in here and stop wasting posts responding to all the trolls.

jfc, didn't we have like a 3 page discussion about leaving yourself with basically $0 because of **** like this?

there are patterns emerging here:
1: OP says he's going to do something
2: the thread, en mass, tells him it's a terrible idea
3: OP doesn't heed advice
4: literally what the thread warned him about happens
5: OP reports back, getting smacked in the face by reality
6: go to step 1


3k in month 1 => gonna have to make 4300/month over the next 11 months

3k/31 days = $97/day => gonna have to make 140/day over the next 335 days (congrats on the 1 extra day for 2020)

after 1 month, you are behind schedule but not by any means impossible to make it up.

I literally said OP is one medical emergency away from bankruptcy. But hey, try to get a toddler to listen.

We hv a deductible, so worse case isn’t that bad.

Currently grinding in a pretty nitty game, so let me tell you about a FanDuel promo I’m taking advantage of.

I’m trying to share the wealth and let my Indiana FB friends know about some free money on FanDuel. No seriously, free money. Here me out.

FanDuel running a $500 risk free promo on first SportsBet if you live Indiana, NJ, or PA.
Which means if you lose your first bet; then u get that money back in credit.

I am not a paid sponsor for FanDuel, but am here to give you some insight on how you can capitalize on this promo if you hv a trustworthy partner to work w.

•First off it takes 2 people working as a team. Husband and wife are perfect for this which wd allow all the money to stay in the family. Both of u hv to deposit into FanDuel w separate accounts.
•Secondly, to get the biggest roi you want to take advantage of betting the most you can. In this case, the most FanDuel will allow w this promo is $500. It’s only good on your FIRST sports bet, so bet all of it at once.
•Third, you and your partner want to bet BOTH SIDES of a bet. Meaning, one takes the over and the other takes the under. This way you are guaranteed to win one and lose the other.
•The winner cashes out their account. The loser will get their losing bet back in the form of credit (within 72 hours). Hence, the risk free promo. *You can’t cash out credit, so the credit has to bet again.
•Take that credit, divide evenly, and bet BOTH SIDES of any game again. You will lose one and win the other.
•Cash out account #2.
•You and your partner will come out ahead w free money. See hypothetical in first comment below.

I am going to be the guinea pig here for everyone, so follow this FB thread to see if we get that guaranteed return on our money. Gonna test out this theory for you guys before u give try it yourself.

For me, im doing the max allowable for biggest return...$1k investment. From that, putting $500 into Sara’s FanDuel account and $500 into my FanDuel account.
I will post updates in the comments. The plan is to get around a 18% return on my money.

Just passing this info along because if it works for me than anyone of my Indiana FB friends wd be silly not to do the same. We’re talking free money for goodness sakes.

If I’m successful here w this play and you would like to do the same; then feel free to use my link below where we both get an additional $50.

https://myaccount.fanduel.com/newReg...7-3F6C2A53815A

I have experience with this sorta thing in the UK and be shocked if Fanduel don't have a rule against multiple accounts per IP/address in their T&C. If they do, there's a very good chance of your money being seized so tread carefully.

why are you making it so complicated? if two people bet both sides and split the $ the ev per person is the exact same as one person doing the promo on their own.

Can u explain? Maybe I’m missing something.
How can 1 person win guaranteed money?

Draftkings just revoked $1 million dollar prize because they thought husband and wife team played.

if you make an even money bet you either win 500 or get your money back and breakeven. so its no different than working with a partner where one of you wins 500 and the other breaks even and you split the money. its just higher variance, which doesnt really matter when we are only talking about hundreds of dollars.

Where did @Johnny_The_Spot go?
Delete ur comment? U said I’m hilarious that I don’t know this being a professional poker player.
I’ll wait for ur example on how I can get guaranteed money using one player.

For @Hellmuth. U can’t cash out credit. So if u lose $500, u get $500 credit that has to b bet.

I’ll wait. This is what’s hilarious about this thread.

He said same expected value. Which is true.

It isn't guaranteed money as it would be using 2 accounts.