Wow. I spend $16,000 on my house and it’s payed off. I think it would take me 50k even if I did it cheap

Worst advice ever. You have to make your way in life… very few fortunate people have their life “fall into place”. Those people settle for less and do not aspire to have anything more than the bare minimum. OP is looking for a recipe for success… please provide with lord than just moral support. There are lots of good advice in the comments but laying back and just letting life happen to you is not one of them. OP, tell us more about you’re financials and disability situation and we can get a better idea on which way to turn.

I’m a fashion brand owner who started at 19. The biggest piece of advice I have is have lots of money to throw at funding the company. Other than that screen printing on blanks is an affordable way to start or by getting an embroidery machine.

But since you’re not 18 idk how you’d legally sign contracts or have a business bank account….

Maybe a good in for you is doing design work for other established brands?

Good luck op

I haven’t done analysis on this, but my guess is that you are correct that if you look at individual stocks on a day to day basis, volatility has increased over the last five years. If you step back and look at the broader market on a year to year basis though, I don’t think the annual moves are historically unusual. Unless you are a day trader, you are better off ignoring the daily volatility and own good stocks that you have conviction in. That hasn’t changed.

I’m in a similar situation timing-wise and FU-wise. And burnout-wise. The QQ method is not for me — the stress of not trying to do my job well would make my head explode within a month.

I’ve been at the same small company for 24 years — started right out of college as an admin, since promoted many times. It was a 9-month start up when I began, is now wildly successful, and I have been very well-compensated for my role in helping it grow. I know (and like) my bosses and coworkers very well. I’ve switched my (secret) focus to leaving them as well positioned as possible when I pull the trigger.

There are 3 junior people at varying stages of learning my role, and I’m really engaged in officially training and unofficially mentoring to get them as close to rock star level as possible — when I go I want them ready to step in, rather than having my departure put a crushing amount of work on my 2 senior colleagues. I’m also doing a lot of standing back and looking at the big picture of our organization as a whole, and making suggestions to the bosses on what changes in procedures could make things work better — this is pretty outside my lane, but whatever. They listen to me.

I’ve put nearly half my life into helping to grow this company, and I want it to thrive. Without me. Having my own personal goals for the work day, rather than just the regular job goals, keeps me motivated enough to slog through the last 20 months.

Citadels fingers are in everything. It’s pretty disheartening to watch anything with sizeable short interest get ladder attacked and the only thing to support negative movement on vital days for a dividend stock is a lame article from motley fool.

This seems even less secure, since now anyone can steal your wallet to sign in to your account.

They'll still have centralized databases, it'd be silly for them to rely on something they have no control over for storing student information.

This is a solution in search of a problem, not the other way around.

Any book on lean software.

There was a good one from an IBM author about a tracer software but can't recall the name.

Hahahaha so am I but guess what I parented my own damn self which is an accomplishment you can never fathom on more levels than you can comprehensively imagine

Don’t worry I feel your pain I lost 45$ on solar puts and I’m in shambles

Any advice on how to get to where you are?

I know this stuff is cheesy as hell guys but at the end of the day this is dolled up externalization

Externalization has been touted since Dale Carnegie and I studied ADHD very extensively since I have it and externalization is one of the only things that's effective, albeit in the short term. But if you structure it right, think star chart, it's objectively pretty effective.

Although for anyone reading who has/knows someone who has severe ADHD please don't ever be fooled by any kind of behavioral therapy scam you need medication first if you genuinely have ADHD. That makes a foundation you can build on with behavioral therapy but it's a waste of time without the medication. It's like going to physical therapy without your crutches or w/e you need to make actual progress.

The only solution would collapse the US economy. The solution is that people need to save more, which means they need to spend less. This means buying less junk, such as seasonal holiday decorations. It would mean doing things ourselves, like simple home repairs and maintenance that can be learned by watching simple YouTube videos. It means not paying other people to provide for our feedings. It means having one pet, not four, and if a pet needs specific, costly treatment, putting the pet down instead of spending thousands on pet healthcare. It means people finally start taking their health seriously and doing something about the obesity epidemic.

The problem is, look around and see that a huge part of our economy is healthcare, providing simple services, selling overpriced "stuff" that no one really needs, and pushing purchasing based on feelings (therapy/counseling, emotional support pets, giving to not-for-profit charities that rake in millions, spending thousands to save Fido, etc.).

If people stopped such wasteful spending, and only really spent money on what they really need to survive and maybe a little more, all the money would transfer from the above into Wall Street connected savings accounts. Then businesses would close, people would be out of work, etc..

I don't typically suggest options for anyone because they up the risk factor but Out-of-Money, low delta "Covered Calls" (31-45 days until expiration) and rolled out when necessary are probably the lowest risk factor options. Won't make you millions over night but will significantly add to your fractional share purcahses of $SPY. I only do them on this S&P 500 ETF just because it's extremely high liquidity and options liquidity. You also need to own x100 shares alread per option to even attempt this options

Youtube "COVERED CALL". *Only learn about that. Also learn about rolling options and DELTA/"Win Percentage". "Upside risks".

If several hours of learning somwthing to you is a little overwhelming, it may be better not to worry about it. CC's are the only low risk options.

Hello,

I have an account with Interactive Brokers UK (it's an "ISA" account) which I treat as "buy-only" (I put in money, buy stuff over time, forget about it). So my "horizon" is until "I absolutely have to touch that money" which may be 20 years or so...

I want to buy some gold and my preference would be for something that is focused on physical gold so I did some research (i.e. googled it).

One thing I discovered was this piece of information:

>The diversification principles of the regulatory investment fund framework (UCITS) do not allow to launch a UCITS fund with only one constituent. Due to this fact, gold is mainly available as an exchange-traded commodity (ETC) in European countries. These products are certificates issued by a financial institution collateralised with physical gold. In contrast to the EU, Swiss regulation allows ETFs for single commodities like gold.

This made me pause, as I am not familiar with UCITS so I do not understand if it provides some form of "protection" that applies to ETFs, or it's just a technicality that "you can't call this an ETF" but has no other impact.

Either way, I have so many questions:

1. Since ETCs are basically certificates issued by a financial institution collateralised with physical gold, does that mean they are only as safe as the "financial institution" that issued them? Like if bank X issues an ETC and bank X goes bankrupt, you lose the money because the gold is not actually yours?
2. How do I find out who "backs" an ETC? For example SGLN is one near the top results list.
3. How else do I compare ETCs? Clearly the "backing institution" is important as per (1) but is there anything else to look at?
4. What is UCITS and does it provide any extra "protection" due to its regulations? Would I be better off buying an ETF with part physical gold and part something else? Then what gold-heavy ETFs would you recommend that are UCITS-compliant?

Thank you all.

P.S. I was thinking of posting separately but I do not use r/investing often so I am not clear on the rules. Hopefully I will get some traction here but please let me know if I would be better off making a separate post.

Dave Ramsey gets a lot of flack and he certainly can be intense. Plus I personally disagree with him that all debt is bad debt. With that said I still think that his views on living below your means when you are younger & if necessary utilizing the debt snowball make a lot of sense. It is possible that these techniques can help you.

+1 for Culture Code. Read it a couple weeks ago. Easy and engaging read with a lot of wisdom on developing and managing excellent teams.

Oh wow you’re harassing multiple ppl on this thread..hope you heal soon dude

Yes but when owning a home you're paying a lot of interest on the mortgage value each year, on top of maintenence costs, closing costs, property taxes. Rent doesn't rise with mortgage payments because a. not everyone who rents to you is servicing the debt (paying the mortgage whilst renting to you), rent rises with supply and demand in the rental market. This all ties with the risk that you could be buying a house at a peak, and years of high interest rates ahead may deflate the price (in real terms or even absolute terms), and suddenly you're underwater on an asset that loses value with high interest loan to pay for it.

Sign says it’s a WALK on the bank, not a run. Just removing the ‘r’ people.

Look into Deed-to-Own. Could save you a ton of money on interest.

One of my friends did this with a relative. Gave the seller a steady and constant income for the remainder of their lives.

Did you know those chickens are what is called a loss leader? They lose money on every chicken but make it back because what kind of savage is going to walk all the way to the back of Costco and only come out with a chicken.

>I see a fPE of 35. Where do you see 60?

OP is using a historical fPE of 60, to argue that 37 is cheap. That is why I mention it. We are in /stocks here afterall. The stock market is not the economy or a companies financials in a vacuum. I'm arguing with the OPs investment case in mind here.

All your questions, ignore my initial points. At what cost is this scale-up going to happen? We agree that ENPH is a good company and a leader. That's not the point. The point is, is it a good investment, and what will ramp-up cost them, can they even execute on such historical large ramp-up, and how will it affect margins, and thus valuation?

>Whoever you work for isnt going to get anywhere in this segment. They might get a small slice with a few installers that they have deals with but the game is over here in the USA. You wont be able to build trust fast enough nor lower prices materially enough for anyone to chance it on an expensive home fixture. Maybe in other countries but there is fierce competition there as well.

I thought it didn't needed saying, that at x5 revenue, we are not B2C, but B2B. And believe me, we are as well-trusted as ENPH ( we supply components to some of the top solar inverter manufacturers and own a large stake in one of ENPH main competitors ).

We aren't going to be competing with ENPH in the retail inverter market, that wasn't the point, and I should have worded it differently, sorry. We offer total solutions, and our largest clients are some of the biggest companies globally, of course many US-based – which is why I brought it up when talking hardware install-base needed for software services pivot.

ENPH biggest competition in that space, isn't going to be other solar inverter manufacturers. They are going to be companies like the one I work for, that both provide total solutions and thus have a bigger hardware footprint in these solutions, while also being part of the supply chain for the inverter manufacturers. Now of course total solutions, doesn't really matter that much in the retail space, where the panels and the inverters **are** the solution. It's just another perspective when talking about where ENPH growth is going to come from, it won't be in the in enterprise segment at any meaningful contribution level with the numbers we are talking, unless they expand their offering. Which could totally happen, but that's not part of OPs investment case really, apart from some EV charger buzz.

DCA down and then wait - if you’ve got 5-15 years on your side then why stress. Buying when your down is a lot cheaper than buying when you’re up

The more I see stuff like this, the more I’m convinced I’ll start investing when everything is at the bottom of that market blackhole we all see looming on the horizon

> even after Powell

Why'd you expect him to say anything until they actually decide to start cutting?

IMHO it all depends on inflation. If you have a significant annualized decrease in Core over ~3 months his rhetoric would change.

Even he said that past increases in rent are only now being reflected in the CPI implying that they think the situation is a bit better than the numbers show.

And his "cuts are not in the base case scenario" didn't sound very confident...

Hard to say on 450s. Looking at the levels on Fridays run, short term it sure looks like 400 is in reach again. 450 would relay on every talking head to not try for their 15m of fame. I'd keep a look for the JPMs next collar projection. With JD able to have closed door meetings with the FOMC voting members, I tend to relay on their collar projections. Sure was on point for Jan-Mar. The bank run looked like an outlier, but the SnP still ran within that collar. Maybe it was pure luck.

First Rep Bk San Francisco Cal ​

On stock like this that have had a plunge I look at the monthly chart to get the all time high and low and then subtract the all time low from the all time high.

All time high is 220.96 - All time low of 11.75 = 209.21

209.21 is the effictive range.

Taking .18 to .25 of the effective range to give you an idea of what your new high will be.

Conservative.18 * 209.21 = 37.65 Aggresive = .25 * 209 = 52

For added insurance Iook for a 95% selloff. 11.75 / 209.21 = 0.0561

BAC sold off 95% in 2008 with a similar problem.

BAC was 45.75 before the drop and 2.28 the 2008 shock.

2.28 / 45.75 = 0.0498 It's almost the same exact amount

After it's low it went from 2.28 to 16.99

16.99 / 2.28 = 745%!

For FRC a target would be 52 / 12.36 = 420%

So not as good as BAC, but still pretty good.

This is not finacial advice. Just sharing how I do calculations on these type of sell off trades for beaten down stocks.

My feeling is that people are super afraid that this bank will go down, and once they realize it is not going down they will start bindng up the stock.

I’ve always found if they pay isn’t right day 1 it takes so much longer to get decent increments in terms of pay rise. So personally I always focussed in getting the numbers right up front.

Most I’ve talked to at interview oh it’s more than we are budgeting but we can make it up in bonus - screw that bonus schemes can change and leave you high n dry. Get the base number eight from day one and focus on companies who are comfortably in your pay expectation levels.

My understanding is that it compares on one side rent and on the other mortgage interest, maintenance, property tax etc. The amortization part of the mortgage is not factored in.

Buy simple broad index funds and hold. If I have extra money I usually try to send a bit over to accounts on days where the market had a big dip as well.

This is in addition to auto buying with each pay check.

yeah i’m a graphic designer, eventually promoted to associate creative director, and while the work is fine, career advancement has been a major slog. i’m on a 3+ year plateau. I just want more money and can’t seem to get a new job or promoted.

And yea, freelancing is exactly what OP describes. You just execute god awful ideas that become worthless to your portfolio.

Keep working but begin to focus on my health. Pay for the best organic foods not processed stuff. Don’t waste money on alcohol or eating out. Stretch everyday; get professional massages every week to loosen up muscles. Pay for the best gym. Take care of your health it’s the most important thing you have. Begin to spend money on your parents. Give back via money; donations or volunteering.

Not worth it. It is a personal call though. Here’s why it wouldn’t be worth it to me:

1. I hate going to to the office. I hate the time I waste getting ready for work and the money I spend on clothes for work. I hate the $12 in tolls I pay when I use the highway. I also don’t vibe with most of my office.

2. Being promoted to manager is a crapshoot. I was acting manager for 4 years, and finally got the manager title. Then someone on my team quit. I got forced into hiring someone I didn’t like who shockingly was unqualified to do the job just as I had suspected. But because he was the CFOs childhood friend my manager pushed me to hire him. My life has been miserable ever since so much so that I have to leave my job which saddens me in some ways because I do enjoy supporting my internal clients, but I don’t really vibe with my leadership. YMMV. But let me tell you, you haven’t been stressed until you’ve dealt with someone who’s unqualified and unable to do the job. Now you have to fire them so you put them on a PIP. It’s just hand wringing all day and then HR tells you you can’t fire him. You document the shit out of his poor work performance and still you get no support. Maybe the person yells at you when you try to give feedback on their performance. The people end of things can be stressful AF. I would not tell you to never do it, but I would say be careful about how you do it. And the stress increase is real. You’re going to have to spend extra time with your direct reports now.

3. The moving part is just not worth it. You would be giving up a super low mortgage rate at a time when mortgage rates are comparatively much more expensive. 10k is great for paying movers but it’s not going to compensate you for your mortgage rate or the higher cost of housing in the new city. Even if they offered you 100k, leaving your friends and family is a big loss. For 120k though, I’d totally do it. :)

Can you ask about taking the job remotely?

Your submission has been automatically removed because you do not meet the minimum comment karma requirements to create a post in this subreddit. Accounts must have a minimum of 15 comment karma (not post karma or combined karma) to post comments. This rule is meant to improve the quality of posts being submitted while mitigating abuse from troll accounts.

What is Karma? A user's karma reflects how much a user has contributed to the Reddit community by an approximate indication of the total votes a user has earned on their submissions ("post karma") and comments ("comment karma").

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

Wow that's interesting, I'll take a look. Seems like I'd have to determine early on if I was just providing a space for someone to pitch a tent with a port-a-potty and a well water spigot or a full on shower/bath facility, office, etc.

Thank you! I'll start the poll daily, starting from monday. In Europe we get the first Dow Index price on 2:00a.m. EST . When is the best time to start the voting , 6:00 a.m. EST?

No, they’re saying you CAN do it too, even in the current system, but people choose to whine about it on the internet instead.

> Because the horseless carriage, telephone and micro-computers didn't replace workers, I think Waymo - self driving cars and delivery vehicles - will have a number of limited uses but probably won't have an effect on the labor participation rate any more than the baby boom generation retiring.

Disagree. It is true that there was a time when 90% of labor dealt with food of some sort. This was at the turn of the 20th century (1900).

But that is not going to work this time. There is not going to be enough new jobs to replace the ones that disapear because of companies like Waymo.

actually so stupid that they dont marry . how tf are you gonna give advice on life when u dont even live it

even orthodox priests marry

Hi all,

A reminder that comments do need to be on-topic and engage with the article past the headline. Please make sure to read the article before commenting. Very short comments will automatically be removed by automod. Please avoid making comments that do not focus on the economic content or whose primary thesis rests on personal anecdotes.

As always our comment rules can be found here

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

I would suggest joining a networking group so that you can meet with people on a regular basis and you can work on your pitch and local people will see your passion and see your love of animals. I’m really protective of my dog so it would really help if someone I knew gave me a personal referral to you and your services. Just an idea hope it’s helpful.

Ex girlfriend of mine had a sister who was married to a guy who was blind from birth and owned a software company, no he did not have a degree, was self-taught, and was pretty rich. We would go to his lake home (mansion) along with about 30 others, drink and ride jet skis all day and party at night for extended weekends, all on his dime. He did not think of himself as disabled.

You could leave CA? The mortgage on a 3 bedroom house with a yard where I live is less than 2k/mo

This can work in theory, as everything you have written is true. But for many Western expats, they can't control their spending on lifestyle, travel, booze and girls and they end up not saving much.

You make a good point. I just interviewed for -and accepted- a position as an internal candidate at my public sector institution. I did not ask anything about salary or range bc I knew it’d be a promotion based on the type of job it was and I also know/have access to the salary ranges published by our state so my expectations were pretty much what I got. But you’re right, I wonder if being direct could have landed me at a higher pay step in my range.

I'd have to disagree partially at least with this metric, but you do make a good point about people stretching terms and almost not seeing how much they're spending because they're fixated on monthly payments.

But here you are, you make 6 figures, 100k, and the most that you should purchase is something like a Nissan versa, Kia Rio or Mitsubishi mirage? Cars are just depreciating liabilities and so to a point I get what you're saying and yeah if you can tolerate that then go for it. Most people making six figures though probably aren't driving bottom of the barrel entry level small cars, especially if you have a family that won't fit in them. Yeah you could look at the used market but I think it's a little extreme to have the money wall against buying a new car that's anything decent if you make 100k

You should definitely shop by purchase price, especially in the dealership model negotiating, but if you have good credit and choose to take a shorter or low amount loan then that's not wrong depending on all the details. You definitely want to know what your monthly payments should be based on your budget, if taking a loan of course

Just filed taxes last week and made $146k last year. Spent $55k on a new 2022 vehicle, so by your metric I'm way over budget at 38%. However I put down $40k, financing [email protected] 2.9%/60 so monthly net income after taxes, benefits, fully funding retirement with my salary is ~$8k/month so monthly vehicle expenses with my $278 car payment is only 3.5% of my monthly net. Leaves plenty of room to save and achieve financial goals and already a homeowner. By other metrics such as the common 10-15% for vehicle expenses I'm very much within budget. Interest cost over the whole course of the loan is only $1,170 over 5 years and with my salary that's practically an unnoticeable amount. So depending on circumstances I think budgets could be more than 20% of annual for sure

Depends on your risk tolerance, but by the sounds of it you are wanting something on the safer side. Have you consider house hacking?

Problem is that they are just on the edge of the law so cant be proved.

Well, most developers do steal their code from other developers so it is quite common practice for us programmers. Just worry about the code being good in that matter. If you're paying a good buck, don't get a website made via applications like WordPress or wix. They're drawing your website in a drawing app and selling it to you. It'll be irresponsive on different sized devices, it'll be hard to edit, it'll load slow, and it'll probably look like a hundred other websites because a thousand ppl used that template before them. If you're paying good cash, at least expect your own unique website to be developed. It's okay if they use certain frameworks like w3.css or bootstrap, vue, these are written in code and help your website be responsive on all devices, and some helps your website perform better in tasks and security related matter.

If you're paying this much, also demand a special interface that allows you to edit (not the design but the content) of your web page. Don't get a static website unless that's exactly what you want. I'd always recommend a dynamic website where you can post about new products and the news of your company.

Also 25k is a lot of money. Keep that in mind. If you know what you want, ask for it. If not, I'm willing to help you, (for free of course), i can help you find out what you want, and how to tell it to the devs in a way that they'd understand how to execute. Most of them complain about customer requirements being impossible, but most of the time, they're just misunderstood.

It's really simple to look up a list of multi family property owners with high equity and then skip trace their number. You're 1 person on a several thousand person long list.

Some of the people calling you sound foreign as well right? Those are the virtual assistants for the wholesalers. 3 bucks an hour for a philippino assistant.

They also pitch seller financing and lump sum cash offers off its the US based person calling you right?

I know the feeling well! I made the jump into freelancing about 2 years ago after being an in-house marketer. I’d done some freelancing on the side and then decided to try it as a full-time thing.

Let me tell you, it’s hard! I go through periods of feast and famine (mostly famine 😆) and it’s taken months to build up my network and start getting regular clients.

The money can be good but it’s not as regular as a job. Be prepared to take a dip in income for the first few months if not years until you establish yourself.

You’re in a great position in a full-time role. Continue to work on your portfolio and your proposition. Get a website up and running and concentrate on SEO to really niche down and start getting leads.

Good luck! If it’s your dream then keep at it :)

I have done some DD on a video game company that recently started trading. GDEV. I'd like to share my dd here but I cannot post. who can help me? I am happy to share the findings. cheers

I want a girl who holds me from behind, and I feel her pp on my back

>I prefer not to leave it with my former employer. It’s like leaving a child behind something.

A 401k should not be "with" your former employer. It should be held by an independent trustee.

>I have no debt or anything but worry about this.

Why? Do you plan on taking out lots of credit and not paying it back?

Well, most developers do steal their code from other developers so it is quite common practice for us programmers. Just worry about the code being good in that matter. If you're paying a good buck, don't get a website made via applications like WordPress or wix. They're drawing your website in a drawing app and selling it to you. It'll be irresponsive on different sized devices, it'll be hard to edit, it'll load slow, and it'll probably look like a hundred other websites because a thousand ppl used that template before them. If you're paying good cash, at least expect your own unique website to be developed. It's okay if they use certain frameworks like w3.css or bootstrap, vue, these are written in code and help your website be responsive on all devices, and some helps your website perform better in tasks and security related matter.

If you're paying this much, also demand a special interface that allows you to edit (not the design but the content) of your web page. Don't get a static website unless that's exactly what you want. I'd always recommend a dynamic website where you can post about new products and the news of your company.

Also 25k is a lot of money. Keep that in mind. If you know what you want, ask for it. If not, I'm willing to help you, (for free of course), i can help you find out what you want, and how to tell it to the devs in a way that they'd understand how to execute. Most of them complain about customer requirements being impossible, but most of the time, they're just misunderstood.

Jokes on you i was actually talking about your mam i just misgendered her

It's fairly common. They find your info from county records. Even if you move or change your phone number they will still be able to track you down. If I ever wanted to sell properties I would contact a real estate agent and list it, not just call whoever is begging me to purchase it via mail or phone. It's such a waste of resources on their end, but it might work because I keep getting those almost every day as well. Just ignore. Recycle letters and block phone numbers, not other way around.

Sometimes they are great and sometimes they are bad. So like the workers in every country. It also depends on the policies of the company they work for.

I think they get a bad rep because companies try to cut costs and probably underpay and overwork their staff.

The difference in quality when talking to HP and HPE was incredible. HP had bottom of the barrel reading from a script support and HPE had great people that knew much more than I and had time to actually solve problems.

I don’t really blame the workers, I just learned which questions they had to ask me until they were allowed to help me and replace the device or part. It was just really frustrating.

I am a bot from /r/wallstreetbets. Your submission was removed because was too short. Please make it a comment if it's not worth expounding on.

This air freshener you hang on the rear mirror of your car

I know nothing about this company but one red flag I noticed was their debt was quite high- net debt was $3.4b. Their profit and free cash flow look pretty good though. But I guess it depends on what profits they expect in the future. Forward p/e is 10.

The money they mention on that website is the monopoly money for the game, not the profit from sales :)

Now put crypto on the east coast brackets.

I am on the same page. There are like 22,000 new crypto currencies. Most created out of nothing. Me and you should create a new scam coin and sell each coin for $15,000. What could go wrong.

Bro. This is why we gamble with options around here. You could have been exposed to the upside with a portion of your port with calls or a call spread without getting totally wrekt on the down turn.

Probably in the same place I left it when I was telling people a year ago that getting 10% interest from a crypto bank when traditional banks were giving next to nothing sounded too good to be true. 😀. Or in the beginning of last year saying you cant fight the fed in the way up or down.

Seriously though, too each their own. I have missed out on many opportunities being risk adverse. But I have also missed out on a lot of bad markets by selling right before the floor dropped out so you really never know. That is just my non retirement money though. I stay fully invested with retirement accounts to hedge my bets because I realize that at the end of the day I will be wrong just as much as I will be right.

Men can now beat up Women again in public in New Zealand..... So long as he "identifies as female"(just crossdress on the day I guess) and delibrately attends an anti-trans pro-woman protest. Cops will do nothing and politicians will join in the fun verbally.

Don't worry, they'll just blame the British victim and kick her out of the country. It's legal, so have at it you woman hating Kiwi psychopaths!

I wouldnt worry about it. These RE companies are generally owned by filthy rich folks who will just sell them to other rich folks until someone puts them to good use.

I can think of a lot of things myself. Many office building can somewhat easily be converted to residential if the zoning folks play ball. Given our insane housing crisis and historic low inventories... maybe thats one way to go. Another is industrial.

Industrial are going to come back to the USA because of automation and high shipping costs and I bet we will start to see a resurgence in small manufacturers as well. Not everyone needs a huge traditional industrial space. Smaller manufacturers might be able to use office spaces for their work if zoning allows for it. It just depends on what they are doing.

I don’t get what’s the big deal. Fed should just bail out every bank and guarantee every deposit that is backed by treasuries and agency MBS.

The banks are in a balance sheet hell bc of all the easing and stimulus the government/fed did. They almost broke during covid and the only way to stay afloat was to scalp a premium on treasuries by going a little longer in duration.

At no time in history has the fed raised rates this fast so not a surprise at least a few banks weren’t prepared for it. And to do it when deposits were at an all time high by like $4T or something was also dumb as fuck. Banks needed a slower hike, but I’m guessing it was political to get inflation under control by election season.

The hiring manager doesn’t decide the salary, that’s done by HR. HR has a formula based on experience, and they also consider what other people in the role are making. So if I have an underpaid analyst with 10 years of experience who is making 65k and I hire a new analyst with 15 years of experience I can’t pay the new hire 2x of the original hire, even if that is the fair market rate. I would have to pay him in line with the first hire so 97.5k max (1.5x experience of first hire).

That being said my HR team has also royal screwed the pooch arriving at numbers. They, for example, told me I didn’t have experience managing people directly so I was going to be on the low end of the scale even though I had been acting manager for 4 years there. They also told me a guy with no direct experience had 15 years of comparable experience. (He did not and sucks at his job and they won’t let me fire him but that’s a story for another day.)

When they make a suggestion for the salary, you as hiring manager can move the needle a little bit but not by much.

jerome said no more bad banks only uppies from now on.

Pretty sure they only bailed out the customers, last I heard on the 13th that's what Biden was talking about. I think it was suisse that was completely bailed out by another Swiss bank, maybe you were thinking of that? IDK might be wrong myself

I will be messaging you in 2 days on 2023-03-27 12:07:37 UTC to remind you of this link

CLICK THIS LINK to send a PM to also be reminded and to reduce spam.

^(Parent commenter can ) ^(delete this message to hide from others.)

|^(Info)|^(Custom)|^(Your Reminders)|^(Feedback)| |-|-|-|-|

Amex is not much lower on their HYSA. It is just different styles and they don’t have a minimum balance.

This isn't like a sale on the Wizards of the Coast website

It's an actual company

You don't just buy it because it is 50% off of its highs

As someone who relies on the hold-and-hope strategy, I hope you mean when you say " we'll remember when the SPY was in the 390s." as well look back at the shit show and laugh, seeing as in the summer we will (hopefully) be in a bull run to the 450s range.

Well since you can post on Reddit here I also believe you can get an online passive source of income that can be generating incomes for you. I’m also disabled and I’m also working from home.

I did similar play, but with a smaller size(10) on SPX. Don’t know how to explain, so if you want to get better idea, just put it into optionstrat. These are the steps. Bought SPX 3/27 3835p on Wednesday, sold a 3/24 3835p to reduce cost. Come Friday, 3/24 3835p was worthless even at lod cuz we were 70+ points away, but not my 3/27 cuz it still had time. Market looked like it wanted down, but slowly drifted upwards all day. Had to protect my position, didn’t want to cut it, so sold 3/27 3810p to further reduce cost. This 2 step hedging gave back so much that if I’m wrong, I’d still survive with only a small damage, but still paid handsomely if right. End of day, it’s all about preserving the capital to live to play another day.

This is why they will try and create CBDC's, it's pretty much this great reset they've been going on about for ages. Just reboot the system with a higher government level digital dollar that we can't see or have access to, and a retail digital dollar that they can completely control.

I am a bot from /r/wallstreetbets. Your submission was removed because was too short. Please make it a comment if it's not worth expounding on.

Its the worst setup possible. 2%-8% (depending on conditions) lost energy for literally no reason. If you go with optimizers, you immediately gain 2%-8% more production. And its not just that, but also more points of failure so likely more money spent to fix things down the line and the battery level inverters will not be cheap.

The reason is, with ENPH inverters, you have to invert two more times to make the system work. You invert at the panel (because thats literally what those micros do), then invert into the battery (no such thing as a AC battery despite Enphases false marketing innuendo), then invert out the battery for a total of 3 inversions... With any other setup you only invert once.

Yea I know installers dont like to tell you all this. They are just there for the money after all. They will try to down play it as well. Some will claim the loss isnt that high. Trust me, it is because at most times, conditions are not optimal.

It cant look like a planned Ponzi or many people on power today (or who got rich during last decades) will be fvcked with a new system, losing assets and going to jail as traitors ("never forget everything Hittler was legal")

The ultimate roadblock is assuming the stock market can only go up long term. That's just my wall but I'd still bet on it.

Let’s say you sell widgets for £100. And widgets cost £10 to make. Then you could make your widgets in the uk and for every one you sell you make £90 profit and therefore you pay corporation tax at 25% on £90.

Alternatively you could set up two companies, one in Ireland and the other in the uk. The company in Ireland makes widgets and sells them to the uk company for £95. The company in the uk sells them fir £100. Your corporation tax becomes 20% in Ireland and 25% in the uk.

So that’s 20% of 85 and 25% of £5.

Now you’re saving tax legitimately.

As you own both companies, you can set the internal price if widgets at whatever price you like. If uk tax were to go below Irish tax then you might want to sell them to the uk company at £15 instead of £95.

There’s nothing illegal in this and it’s what international companies have always done.

It’s not immoral either. There is no requirement on companies to arrange their affairs to maximise their tax burden. And indeed they have a duty to their shareholders to minimise it legally.

Age, risk tolerance, time horizon, diversification, when you will need to access the money, are just some of the factors involved in investing. If you want to gamble, there are plenty of on-line gambling apps.

Just chiming in because I was on the fence about having kids due to the impact on FIRE. Did having kids set you back substantially or are you still able to hit your savings goals?

A lot more people with same credentials will do that

You might see a 50k starting salary for "vague entry level job" being same as what it was in 2010 as pitiful.

But to millions of new graduates from India/China it would be like winning the lottery. So why would those salaries go up if employers now have MORE choice without suffering on quality and there probably being LESS of a need for these entry level positions due to much of the"shit work"having been automated in some form over the past decade

I see a fPE of 35. Where do you see 60?

The thing is, they are no where near saturation and they are, at this point, the market makers in their segment (along with SEDG). Probably not even at 30% saturation based on the roofs I see here in SoCal which has a pretty high rate of adoption.

So in other words, there is a long way to run. How long? Dunno but 10 years wouldnt be a stretch with a peak in 5 and then taper off after that. Then after thats over, it will be time to add batteries and replace the old centrals and such.

So its hard to say where they land and thus hard to say what they should be valued at. But at 35 fPE... id say this is very fair though I wouldnt go with ENPH (even though that what I currently own), id suggest SEDG.

As for shift to software; There is no shift. The software is literally what made them. They were 1st to market with a killer feature (panel isolation and related management software) and since then, no one has made anything better unless you count SEDGE as better with batteries. Everyone else copied later. Note we have had competitors for years now. They arent making a dent because no one trusts them due to cost of maintenance.

Like all software environments, customers are sticky. In other words, no one is going to take their market unless they royally screw it up themselves. Whoever you work for isnt going to get anywhere in this segment. They might get a small slice with a few installers that they have deals with but the game is over here in the USA. You wont be able to build trust fast enough nor lower prices materially enough for anyone to chance it on an expensive home fixture. Maybe in other countries but there is fierce competition there as well.

The issue is similar with software environments in other spaces. It makes no difference if other can make a competitive product, end of the day, you will need to give them away for free to get people to switch and ive seen people so stubborn that they wont switch what they are comfortable with even if you give them a free product. Its just not worth their time.

So Id ask you the following questions. 1) how much cheaper are all these upstart products? 2) How easy is their support process? 3) Can you guarantee that those companies will keep supporting the product for the lifecycle of the inverters (10-15 years)?

Your answer will likely be;

1. not significantly different (maybe 5%-10% else no margins)
2. likely not as streamlined and certainly no community support
3. unknown and based on solar industry history, not good either

Now think about this from the perspective of installer who has to service warranties and for buyers who are spending $20k-$30k on a home fixture. Are either one going to take a chance for $500-$1000 saving? There you have it.

With 1 million, I'd probably buy a house outright, buy a decent car that will be reliable, easy to maintained and last a lonnnnggg time, so basically a Toyota, and invest the rest.

Probably buy some collector cars and just sit on them, and continue working.

Awww come on we all love Bubbles! At least pick on Randy or Shitty Bill if you’re gonna hammer someone!

FIRE excel sheet just doesn't light green anymore. In 2021 conditions were great, even at 3% and extrapolation of conservative ROI with mean inflation found myself at +5 y to FIRE. Today, my Excel sheet doesn't light green, even beyond normal retirement age. Inflation is a bitch and the expectation doesn't look good. Investments are down 20%, that's no issue but with mean returns I can't catch up my FIRE sum in time, on such inflation numbers.

In learning about investing I feel like risk tolerance is severely and often overlooked. I understand it at a logical level but I couldn't fathom how I would react emotionally. This is all new to me. So sorry you had to go through this experience. I missed out on the longest bull run because my investments were "too safe" and lost to inflation many years straight. Not to diminish what you went through but I feel your pain.

Wealthy people don't store their wealth in bonds. It's mostly private equity, real estate and stocks. Plus, they were used to take cheap loans against their assets, instead of selling them.

Private equity is devastated already. Real estate is grinding down globally, stocks are also down and have bleak prospect for near-term growth. And loans became much more expensive. For example, Musk took a loan to buy Twitter with floating rates (he's paying more with every rate hike).

At the same time, low-income workers are seeing their wages quickly growing, talks about $15 min wage disappeared on their own.

Fun fact: Accenture got its new name on January 1st, 2001 whike the Enron scandal started unrolling in August 2001 (and exploded in October 2001).

Start dating without telling about financial status. Find SO. Continue working on what you really enjoy. Let money compound until you feel the will, need and time to RE.

The reason all these banks are in trouble isn't because their practice is bad, but because of bafoons like you posting and fearmongering about a bank collapse which leads to bank runs and subsequently to the collaps. NO FING BANK IN THIS WORLD HAS ALL THE MONEY YOU DEPOSIT AT ANY GIVEN MOMENT. They invest that money when too many poeple try to withdraw it can lead to the bank having to sell shares at a loss... All this stupid takes on banks going down is the only reason banks are going down. Panic doesn't help in a fire, calmly leaving the building does.

This is some very, very surface level, "squint until you can see it" comparison based on an incomplete picture.

The US economy had been largely subsistence based, with the exception of slave-powered plantations, from colonial times until well into the end of the 19th century. Devastating the economy of the South in the 1860s meant that by the turn of the 20th century, things were only just getting stabilized again. Geographic isolation from WWI propelled the 1920's economic boom while the rest of the world languished in a recession that would eventually pile up into the Great Depression and lead to WWII.

This whole "cyclical century" idea seems to ignore the first 20 years of the 21st century revolving around depleting the US economy in Iraq and Afghanistan, as opposed to isolation. Globalism and offshoring seems to be cooling a touch, but the US manufacturing sector has been a specter of what it once was. For example, the prestige economy relied on relative good pay for jobs where cost of living was low, in industries that fed each other in a somewhat boundless environment. Very few markets for consumer products had been saturated - in fact, creating new products grew at such a pace that we saw exponential growth just as new waves of things to make kept coming and coming.

Sure, you have some steps in common, but considering the impact that supply chain slowdowns have had on inflation globally, it's hard to see parallels between the 20th and 21st century without some real effort to shoehorn data on one or the other.

The market is already priced for known news. I heard one time in a futures trading podcast from a big trader that he was trying to find out if a company was going to do a deal at a certain time, so he hired a guy to stay at the airport and wait for the CEO to get on a plane. These guys don’t fuck around and will know before you if a collapse is coming

I work for a small shop that ships. I can only think of one package in my almost year that it’s been an issue and that was because it was too heavy to weigh on our small scale. I had to estimate by weighing the individual items.

We have a postal account we create and purchase and print labels through and on this one they just ended up charging us the difference through the account.

Make sure your scale has a high enough limit for what you’re shipping.

We’re not all 60 years old with 2million in the bank to invest, though. I got into investing in the stock market in 2020. You cannot deny that covid and the subsequent consequences of it have had a huge negative effect on the market (albeit on a short timeline)