dahfizz

28 ms·

301.
by dahfizz 4y ago
And communism leads to concentrated, uncontested power. The dictatorship of the proletariat will never dissolve itself once it gets absolute power.
302.
by dahfizz 4y ago
>> It's so ugly > nice and easy to understand Java is definitely more practical than pretty. This frustrates the trendy crowd, but I think its important for tools to be practical. Shiny, pretty languages are never as long-live
303.
by dahfizz 4y ago
The FDIC stepped in this one time, where's the guarantee they will step in every time to cover uninsured deposits?
304.
by dahfizz 4y ago
I treasure not having to look at emojis on HN. Not sure who this "excludes" but I'm fine that that
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by dahfizz 4y ago
How will they ever survive without you using the service for free...
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by dahfizz 4y ago
> A landlord charges what the market will bear Yes, but people wouldn't choose to be landlords if "what the market will bear" wasn't profitable. If renting didn't cover the landlord's costs (on average, over
307.
by dahfizz 4y ago
But you see the same benefits if you buy. As a renter, your rent goes up every year, but a mortgage is locked in and safe from inflation, rate hikes, and market volatility for 30 years. Renting _this year_ may be cheaper than buying _this y
308.
by dahfizz 4y ago
Why would a landlord charge a rent of $2000 if he pays $2200 on his mortgage? The rent you pay covers all the landlord's costs, and then some.
309.
by dahfizz 4y ago
Here's the thing though: Being a landlord is profitable. The rent you pay on a house covers all the costs of ownership (cost to buy the home, mortgage principal & interest, repairs, taxes, insurance) AND there is some left over as
310.
by dahfizz 4y ago
Gotcha. If you own the house outright, I can see the appeal of selling and drawing on that principal to pay rent and buy the conveniences that come along with that
311.
by dahfizz 4y ago
> our expenses would be more steady Don't you have a 30 year fixed-rate mortgage? The increase in rent every year over the next 30 years is going to be way more than whatever maintenance costs you have. Rent is "steady"
312.
by dahfizz 4y ago
I don't see a reason why the lithography method is necessary here. One could design a manufacturing process which ties the knots mechanically, just like woven fabrics. Caltech probably already has the lithography equipment and expertis
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by dahfizz 4y ago
> The acquisition will be funded from existing resources. I find this hilarious. This is probably all from some template, but talking about "funding" a 1 euro transaction is funny.
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by dahfizz 4y ago
Gotta love the monday morning quarterbacking. "Get rid of the thing that attracts all your customers, surely then there will never be a bank run."
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by dahfizz 4y ago
You can't use your intuition about stock prices for bonds/fixed income. In FI, its all a numbers game. As rates go up, prices go down.
316.
by dahfizz 4y ago
This has nothing to do with MBS in particular, it is a fundamental aspect of the fixed income market.
317.
by dahfizz 4y ago
Do you think MBS are always and forever a bad investment because of a bubble 15 years ago? The MBS wasn't even the problem here. If they had 10Y corporate bonds or Treasury notes paying the same rate, they would have had the same probl
318.
by dahfizz 4y ago
>You can almost find government bonds with similar average yields. Not a few years ago. T-Bills were paying like 0.1% in 2021[1] [1] https://home.treasury.gov/resource-center/data-chart-center/...
319.
by dahfizz 4y ago
Startups are fun when they make websites. I'm never going to trust a "move fast and break things" VC startup with real world things like medicine or food.
320.
by dahfizz 4y ago
For someone already wanting to build a house, maybe. You're probably already going to insulate because it pays for itself. The tax credit makes it possible to go the extra mile.
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by dahfizz 4y ago
> Power hungry industries will become seasonal or migratory too. Electricity will have to become orders of magnitude more expensive for this to be true. After you've bought the building, the smelter, and the guy to operate it, the
322.
by dahfizz 4y ago
You claimed: > taxing the 40 richest people in France 2% more... That quote is about a 2% wealth tax.
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by dahfizz 4y ago
> And it worked as long the rise of productivity led to a rise of wages. It worked as long as people had more than 2 kids. There was always a larger young population supporting the smaller old population.
324.
by dahfizz 4y ago
Yeah. Even if I do get to collect SS, I'd have been better off investing that 6.2% the whole time.
325.
by dahfizz 4y ago
US T-bills, sure. Not so for Social Security. I would trust my retirement to the US Treasury. No sane human would trust their retirement to the US Congress.
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by dahfizz 4y ago
> Sure some smart people will be able to extract profit from the market but most won't. Source? Put your money in an index fund. The S&P 500 from 1958 to 2008 went up 90x. The worst case scenario - All your savings are in sto
327.
by dahfizz 4y ago
The pension money doesn't come from nowhere. The people who are living paycheck to paycheck are paying 20% VAT and ~20% income tax. Maybe they would have less financial trouble if they could keep some of their own money. I'm all f
328.
by dahfizz 4y ago
The idea of relying on the government for your retirement is insane to me, for exactly this reason. You're willing to bet your life that the government is always going to do right by you? Save your own money. If Social Security exists
329.
by dahfizz 4y ago
Its trivial to skip ahead of the sponsor reads in youtube vids, or to scroll past the "is hiring" posts. Frankly, these are minor annoyances. The people who get emotionally overwhelmed by them perhaps should resolve that internall
330.
by dahfizz 4y ago
My Bosch clothes dryer does the same thing. It will continue to beep at you forever after drying my clothes. Who thought this was a good idea??? Interestingly, my Bosch clothes washing machine has a button to disable the beeper. But not the

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