nly

59 ms·

901.
by nly 4y ago
I think the expression is actually "poor schlub", schlub being Yiddish in origin
902.
by nly 4y ago
Nevertheless we humans still think of things in terms of pots. The term "pension pot" comes to mind. The reality is the market value of anything is influenced a great deal by human sentiment , as well as raw intrinsic properties
903.
by nly 4y ago
I had to cash a cheque (a real paper cheque) a few months ago as well. I opened up my banking app, photographed both sides, input a few key values and, the money was added to my (uncleared) balance instantly. You don't need bitcoin, yo
904.
by nly 4y ago
It can probably be done if you restrict some of the language features. e.g. reinterpret_cast, unprovable static_casts uninitialized pointers, etc etc.
905.
by nly 4y ago
The problem with timing the market is you have to be right twice - you have to choose when to sell and when to buy back in. On the other hand, DCA'ing you way through a market decline and recovery will always leave you in a better posi
906.
by nly 4y ago
Yeah, people often talk about DCA like there's an alternative. You earn money, you invest a bit... I guess you could borrow money to invest a lump sum, that would be unwise.
907.
by nly 4y ago
Waze is owned by Google.
908.
by nly 4y ago
It's almost as if on-demand video streaming isnt suitable for broadcasting live events.
909.
by nly 4y ago
The same can happen at low prices so that the owners can claim the paintings have lost value and can offset some other capital gains.
910.
by nly 4y ago
Slightly exaggerated, but I agree with the sentiment.
911.
by nly 4y ago
Graduates in London should be starting on £80K now. After putting some contributions away for retirement that "decent senior" on £80K might just about be able to buy a 1-2 bed flat in a soulless development in an "OK"
912.
by nly 4y ago
~250 workdays a year = ~£175-180K/yr, which is fairly achievable in London for a SWE
913.
by nly 4y ago
> anyone can borderlessly lend and borrow in seconds. You can only do _secured_ lending and borrowing, and only where the security is, itself, a highly liquid digital token. Person A lending USDC to person B, taking ETH for security, i
914.
by nly 4y ago
Which isn't necessarily a bad thing?
915.
by nly 4y ago
I mean I think it's clear Harry and Meghan saw the writing on the wall a number of years years ago and decided to go and establish a backup income, separate from Royal ties, in California. Signing lucrative Netflix contracts, selling &
916.
by nly 4y ago
Get some perspective. It's _just_ a flag... a gesture of respect.
917.
by nly 4y ago
It's peanuts though? I mean that's about 1000 well paid London software engineers paying their typical income tax.
918.
by nly 4y ago
Is 20 odd billion £ really a tremendous amount of assets when the government can magic up 150 billion on a whim to cap energy bills? It's peanuts in the scheme of things. The royal family aren't even that rich amongst the billion
919.
by nly 4y ago
The Wikipedia page mentions that Kings Consent is a matter of parliamentary procedure and can be abolished with the stroke of a pen. It's just a courtesy to save face for the Monarchy.
920.
by nly 4y ago
If property prices always go up, in theory you could just finance the property to pay the taxes indefinitely
921.
by nly 4y ago
You could argue that all domestic energy infrastructure could be nationalized and energy sold at cost to domestic users, but then where does the money come from for investment?
922.
by nly 4y ago
Is this because Norway is only energy independent across annual average load, and can't handle peak usage? Or because theres some contractual arrangement where they can't sell electricity cheaper to domestic users?
923.
by nly 4y ago
Which is exactly what most people do when funding retirement (the time period = your accumulation period)
924.
by nly 4y ago
She did have power. She chose not to wield it or interfere, and trust in the system.
925.
by nly 4y ago
Hard to see how she could have "stopped Brexit" given that there was a referendum on the issue. The British people reaped what they showed with that one.
926.
by nly 4y ago
Charles should abdicate to the young and more relatable William and Kate.
927.
by nly 4y ago
...and of Britain generally.
928.
by nly 4y ago
Funny, because all the data and research shows the opposite. Read this: https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...
929.
by nly 4y ago
DCA gives you the best chance of getting mean/average returns, not the best returns. If the market goes up year and year then obviously lump sum investing is best, but it doesn't. It goes through periods of over and under performa
930.
by nly 4y ago
But we live in a world of real time traffic reports and satnav, so ...just do what's best ok the day

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