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Thank you for doing such a great thing. In my years on HN I have seen things like this come up several times. Offers of jobs, money or just a warm meal. The

by Ccecil 3y ago

Thank you for doing such a great thing. In my years on HN I have seen things like this come up several times. Offers of jobs, money or just a warm meal. The world will reward you for what you are doing. In my case...things are difficult but not impossible. Month to month is an understatement and through the last 5 years it has become more and more painful but there is still hope. I personally don't want anything to be given/gifted to me but if everyone could do a favor to all those who are struggling. It won't take long... All I request is that this holiday season everyone thinks hard about what they have and how they got there. Remember all those who helped you...and those who did not receive the same. Review your investment portfolio and think about the effects of where you put your money. Are your investments furthering poverty for others? Is there a way to rearrange your portfolio in a way that not only increases your wealth but also helps others? Giving is good...helping those who are in poverty is important. Preventing people from getting to poverty in the first place seems like a more effective way of preventing homelessness. Fix the small problems while they are still small. https://www.egreenway.com/taoism/ttclz63.htm https://www.egreenway.com/taoism/ttclz63.htm

hypercube33 3y ago
I never thought about investments being able to help people - if you are talking about stocks or something do you have examples? I'm generally curious. I only have a pitiful retirement account but if indeed that is what you're suggesting I'm all for it. That all said - my wife and I have been extremely poor before to the point of digging in the couch for enough cash to split a dollar burger for dinner and hoping the fumes in my car get me to work until my check shows up that week due to medical expenses. I really have my heart warmed for everyone on here helping others out. Even if it's just spending time with friends who have no one else you can make someone's 2023.
- Ccecil 3y ago
  Hard to explain. Here are a few examples and please remember these are largely opinion based and will vary by the person. 1. Microloans to local people to start a company instead of investing in traditional stocks. Best if you can assume the money is lost from the start. I suspect returns won't always be great...but it may make a huge difference to a person and their community. 2. If you are investing in rental properties. Do you really need to raise the rent on your tenants just because a website and/or another landlord said you should? There is a lot of money to be made just from gains in property value over a long term lease. Some are likely in a situation where they have paid off the property and could afford to leave it vacant. Why not set the rent to what the "median renter" in your area can afford. I know in my area this would make a huge difference to keeping the local workforce which will benefit the entire community overall. Right now there is a $5/hr gap between what a median renter makes and what they need to make to live comfortably in my area and rent. Not increasing rents would have a much greater effect than raising wages. I suspect there are many more but those are 2 just off the top of my head...and again these are largely my opinion. My belief is that it is possible to make a profit while practicing "ethical capitalism". This cannot be forced though...it is an ethical choice. Nothing is stopping anyone from doing the opposite...but do you have to?

by Ccecil 3y ago

hypercube33 3y ago

I never thought about investments being able to help people - if you are talking about stocks or something do you have examples? I'm generally curious. I only have a pitiful retirement account but if indeed that is what you're suggesting I'm all for it. That all said - my wife and I have been extremely poor before to the point of digging in the couch for enough cash to split a dollar burger for dinner and hoping the fumes in my car get me to work until my check shows up that week due to medical expenses. I really have my heart warmed for everyone on here helping others out. Even if it's just spending time with friends who have no one else you can make someone's 2023.

Ccecil 3y ago
Hard to explain. Here are a few examples and please remember these are largely opinion based and will vary by the person. 1. Microloans to local people to start a company instead of investing in traditional stocks. Best if you can assume the money is lost from the start. I suspect returns won't always be great...but it may make a huge difference to a person and their community. 2. If you are investing in rental properties. Do you really need to raise the rent on your tenants just because a website and/or another landlord said you should? There is a lot of money to be made just from gains in property value over a long term lease. Some are likely in a situation where they have paid off the property and could afford to leave it vacant. Why not set the rent to what the "median renter" in your area can afford. I know in my area this would make a huge difference to keeping the local workforce which will benefit the entire community overall. Right now there is a $5/hr gap between what a median renter makes and what they need to make to live comfortably in my area and rent. Not increasing rents would have a much greater effect than raising wages. I suspect there are many more but those are 2 just off the top of my head...and again these are largely my opinion. My belief is that it is possible to make a profit while practicing "ethical capitalism". This cannot be forced though...it is an ethical choice. Nothing is stopping anyone from doing the opposite...but do you have to?