This is such a useful post @exyle. To be honest I didn't follow all of it. I'm still finding the finances tricky but I've made a note of it and will go through it again more slowly.
One thing I don't understand is why's it's a good time to change SBD into Steem. When I checked I would only get 1.1 Steem right now. Earlier in the year or maybe the end of last year I was getting 1.3+. That seems like a big difference to me when you're first starting out but maybe it isn't.
The value of an SBD should be worth $1 worth of STEEM. So that means that you should get 0,33 STEEM for 1 SBD when steem is $3 under those circumstances. But since about 8 weeks the price of SBD has gone up for unknown reasons and at the moment you get 1,1 STEEM for 1 SBD.