UnderpantsWeevil
@UnderpantsWeevil@lemmy.world
- Comment on Just think about it 18 hours ago:
even with the puniest of interest rates, you’d still make more than enough just off the interest to live somewhat comfortably
I’d go one step further and assert that wealth compounds and borrowing rates fall with your aggregate wealth. Treasuries are the safest of safe bets, but there are much higher returns to be had with some minimal risk that become accessible when you have large cash reserves and access to cheap credit. Home ownership is a classic example. Save thousands of dollars a year on rent by owning an appreciating asset you get to live in.
You don’t need $100M to make this work. $100k can turn a handsome profit through compound returns on investment. In a stock market that yields 7%/year, you double your money in a decade.
- Comment on Just think about it 1 day ago:
The average national savings account interest rate (and you’d get a much better one with 100 million) is 0.42 APY.
Treasury Notes are 10x that rate. This mostly just illustrates how scammy and cheap your average bank has grown.
- Comment on Just think about it 1 day ago:
Which is why so many day traders end up going bankrupt.
Bankruptcy is a tool for discharging debt, not a metric for business failure.
- Comment on Just think about it 1 day ago:
If I’m a construction worker who spent decades perfecting my skills so I get promoted to management
Tell me you’ve never worked construction without telling me you’ve never worked construction.
- Comment on After shutting down several popular emulators, Nintendo admits emulation is legal 2 days ago:
Plenty of people use Steam
- Comment on After shutting down several popular emulators, Nintendo admits emulation is legal 3 days ago:
most people who aren’t into technology probably don’t know what the steam deck is
Idk about that. Steam is a wildly popular platform and regularly markets the SteamDeck to its user base.
- Comment on I don't think they understand. We're interviewing them too. 3 days ago:
One reason why finding a job is such a hassle. So many employers just want to interview people to hit a quota of “candidates reviewed” without taking any given candidate seriously.
You get a bunch of false positives in the search and waste time going through the motions with people who aren’t actually in charge of anything.
Straight out of college I had an eight hour interview process once, for an IT job that paid $25k starting. Round after round of quizes and queries that ate up my whole day.
Then I got picked up by a boutique medical IT firm a few weeks later after two calls and a 30 minute walk in, for nearly twice the salary. When I got the rejection letter from the first people six months later all I could do was laugh.
- Comment on downloaded rednote and this a frequent emote in the comments 4 days ago:
ChatGPT translates it
Well, you get what you pay for.
- Comment on POV: It's January 19th 6 days ago:
Cuban social media is completely out of control. We should invade immediately
- Comment on POV: It's January 19th 6 days ago:
Nope. If it’s bad, it’s because of outside agitation and enemy propaganda.
America is exceptional, it can’t do anything wrong except stop being American
- Comment on POV: It's January 19th 6 days ago:
They banned sending US Citizen data to adversarial nations
create data collection regulations
Americans simply cannot grasp the difference between Not Collecting Data To Begin With and China Bad
- Comment on POV: It's January 19th 6 days ago:
TikTok was one of the few places I could actually watch live journalism from Gaza documenting the genocide
Undermining your trust in the US media and political leadership. Ergo, Evil Chinese Propaganda.
- Comment on POV: It's January 19th 6 days ago:
Because China is bad. They are using my TikToks to genocide the Uighurs and invade the Taiwanese.
- Comment on Anon makes a troubling connection 1 week ago:
So like, wtf is up with the cartoon fetish?
Sexual appetites are informed by the images of people you familiarize yourself with. Not usual for people to seek out partners who remind them of old friends or family members, because that’s the image they’ve imprinted on as attractive.
If you surround yourself with images of japanese cartoons (particularly horny ones, particularly when you’re young and impressionable and you’d fuck a fire hydrant on a hot day) its not going to be hard to fixate on cartoons fucking.
If you surround yourself with booze and people your own age who are equally horny, you likely won’t have that temptation.
- Comment on Anon makes a troubling connection 1 week ago:
Lots of people pass through phases of maturity, from jerking it to weird cartoons when puberty hits to hanging out in the bar till last call after your second divorce.
You’re going to be distressed to discover how many people on 4chan are fucking. Horniness isn’t reserved for straight white weebs and there are plenty of women who are prone to making bad decisions, especially as they get older and the pool of eligible bachelors shrinks.
- Comment on Anon gets a job 1 week ago:
.world use AI
Damn. There goes the neighborhood. Cya all in a lower instance.
- Comment on [deleted] 1 week ago:
BECAUSE HE’S THE OWNER AND GETS ALL THE PROFITS.
Unless he’s up to his eyeballs in debt, in which case he’s just an employee of his lenders.
- Comment on [deleted] 1 week ago:
- Comment on rarted 1 week ago:
There’s a reflexive instinct among Americans to denigrate people by attacking their intelligence while lauding them for their wealth-hording obsessions and their elitist social theories.
A lot of the uglier eugenics theories that Elon has latched onto come out of this cultural affect. Kindness and cheerfulness are luxuries you only get to express when you’ve “succeeded”. Everyone else needs to be as clever as they are cut-throat in their mission to climb over the tops of their neighbors.
- Comment on Anon buys a TV without researching 1 week ago:
Oops, stepped on another $1200 landmine did you? Should have researched where you put your foot. Everyone knows this neighborhood is littered with landmines. No, there’s nothing we can really do about it except hand out these exhaustive charts and navigation tools. Of course they need to constantly get re-updated and are themselves periodically hijacked by the pro-landmine industry to turn into a second-tier grift. But that just means you have to research who you research for your TV research.
Don’t worry, you’ll get it eventually. God gave us two legs for a reason.
- Comment on Welcome 1 week ago:
Imagine a century from now as your great-grandchildren are trying to explain the etymology of “The United Canadio-Pacific People’s Magastani Republic” to a refugee from “X, The Everything Florida”.
- Comment on Elon Musk wants the U.S. to “Liberate the people Britain from their tyrannical government” 1 week ago:
Excited to see Elon Musk start paling around with King Charlies and talking about a return to Absolute Monarchy in a few weeks.
- Comment on [deleted] 1 week ago:
You can pry these Fruit of the Looms from my cold dead thighs.
- Comment on For Many of Us, Jan. 6 Never Ended 1 week ago:
In fairness, you miss 100% of the shots you don’t take
- Comment on Anon's PC works 1 week ago:
download more ram
I’d sooner download a car
- Comment on Racism nas gone too woke! 1 week ago:
- Comment on Racism nas gone too woke! 1 week ago:
When you’re surrounded by people with a certain ideological point of view, its very easy to go-along in order to get-along. Often, being more racist is a mechanism outsiders will use in order to prove they’re part of the clan. When you don’t have your skin color to prove your racist bonafides, you need to be outspoken to let your racist neighbors and coworkers know that you’re on their “team”.
You would think that might have made them sensitive to people on the receiving end of racism
Abuse begets abuse. Treat someone like shit and they’ll learn it is acceptable to treat other people like shit. The only way to curb the cycle of pain is to discourage the behavior. That’s what it means to “Go Woke”, in the end. Standing up to bullying and protecting the vulnerable means interrupting the process of indoctrinating the next generation in the violence of its elders.
- Comment on For Many of Us, Jan. 6 Never Ended 1 week ago:
Good luck with your Secret Society of One and its mission to change the world.
- Comment on For Many of Us, Jan. 6 Never Ended 1 week ago:
America has no king, America needs no king, and we can still say no to Trump.
Kings tend to rule through their networks within the aristocracy, winning loyalty through patronage and through dispensation of special favors.
The power of the presidency is, at it’s heart, the power to appointment federal officials, to direct the spending of public money, and to regulate trade (not unlike that of a king). I’m not sure how you intend to stop Trump from appointing new judges, new cabinet secretaries, or new generals. I’m not sure how you “say no” to how Trump allocates federal money or imposes tariffs.
If we give up we simply ensure human history has been for nothing.
You’re going to need to put more on the table than “We can’t give up!” I’m not sure what we’re giving up that we had to begin with.
What are you asking people to do that they haven’t been doing already?
- Comment on Time to make your decesion 1 week ago:
Kinda wanna have Susan in your corner, tbf.