loourr

8 ms·

31.
by loourr 5y ago
It restricts you from doing them within retirement accounts. But the purpose of retirement accounts is to effectively save for retirement. Congress is basically saying we want you not to need us but we don't actually want you doing wel
32.
by loourr 5y ago
I meant to imply within retirement accounts. But the intention of retirement accounts is to get you to save for retirement through investments. Private companies are arguably the most effective way to grow wealth. Congress is saying they do
33.
by loourr 5y ago
That's false. I know for a fact that tens of thousands of middle class people are doing this today.
34.
by loourr 5y ago
Absolutely. You can own almost all kinds of assets in your IRA today excluding collectibles.
35.
by loourr 5y ago
Congress is preventing all people from investing in private companies within retirement accounts, not just rich people. Adding the cap is fine but preventing private company investment is asinine.
36.
by loourr 5y ago
This just isn't true. The bill also prevents you from investing in any private company of which you are a member, AKA a startup you work at. It also prevents you from any deals requiring you to be an accredited investor which means any
37.
by loourr 5y ago
No it isn't. It's worked for decades and the new forms of it are even more effective. Other countries are doing it with great success.
38.
IRAs and Wealth Creation(avc.com)
1 points by loourr 5y ago|0 comments
39.
by loourr 5y ago
Nuclear fission can
40.
by loourr 5y ago
Maybe 60 votes is a good threshold for fundamental changes to the way the country works and what we should actually do is remove the reconciliation loophole.
41.
by loourr 5y ago
It's a complete farce to caricaturize the $3.5T reconciliation bill as a climate bill. While there are some provisions that are intended to have an impact on the climate, like EV tax credits, these are poorly constructed and reward thi
42.
by loourr 5y ago
This article is hilarious. It's all about the march of 9's. Saying they're 99% done means they've only just begun. Also it doesn't account for their model which requires paying engineers and installing tens of thous
43.
by loourr 5y ago
I'd be very careful with that. If you suggest something to a customer that causes them to loose money you can be sued and potentially held liable. Becoming an RIA would likely force your product to become hyper conservative in it'
44.
by loourr 5y ago
I think your criticism is a bit misguided. The FDIC insurance fund only covers a tiny fraction of bank deposits and if a single small bank had a run the fund would be insufficient to cover it's customer base. It also covers derivative
45.
Starship has been fully stacked(twitter.com)
120 points by loourr 5y ago|46 comments
46.
by loourr 5y ago
After much debate my company recently switched back to a monolithic architecture and it may be the greatest decision we've ever made. It dramatically simplifies so many aspects of development, which means you can have developers workin
47.
by loourr 5y ago
AET [REMOTE] | Senior Backed | React | https://www.aetrust.com/ American Estate and Trust is a self-funded, profitable financial company headquartered in Las Vegas, NV. Core to our products are our APIs which power our web
48.
by loourr 5y ago
I've spent a lot of time hiring software developers and I usually receive about 25 male applicants for every 1 female applicant. Achieving equal representation across the entire industry is going to be literally impossible without a hu
49.
by loourr 6y ago
This reads like an obituary
50.
Shotwell talks about selling flight-proven rockets, Starship(arstechnica.com)
2 points by loourr 6y ago|1 comments
51.
by loourr 6y ago
Or it could be even better!
52.
by loourr 6y ago
And we know markets to be efficient! Therefor P=NP QED
53.
by loourr 6y ago
Good luck FinCEN, you've now just forced mixers to go dark. There's no killing them.
54.
by loourr 6y ago
That's literally how they define inflation, so money earmarked for consumer goods is the most likely to "cause inflation" by the Feds definition
55.
by loourr 6y ago
The Fed has confused inflation with the change in price of consumer goods, but this has led them to all sorts of flawed thinking. In my view, inflation IS the debasement of the currency. One would typically expect consumer prices to change
56.
by loourr 6y ago
This author clearly does not understand software
57.
by loourr 6y ago
Thanks for the explanation, those are good points. Though wouldn't the interior concrete not harden if it wasn't able to absorb CO2, since my understanding is that's fundamental to the hardening process? And agreed that surfa
58.
by loourr 6y ago
One question I've had about cement being a major source of CO2 emissions that I haven't seen addressed anywhere is that my understanding is as cement cures it does so by absorbing CO2 which is what turns it into rock. Does this no
59.
by loourr 6y ago
Change in price of the underlying asset doesn't matter/ change how much the government will take as a % over time. If I have a 100 shares they'll take 1 share year one, slightly less year 2, etc regardless of the price of a s
60.
by loourr 6y ago
Beating around the bush Paul...

More ›