21–30 of 51 posts
If you follow some basic rules, you don’t have to worry about economic fluctuations or crashes. 1) Save diligently. 2) Think in terms of 5 or 10 years. 3) Have sufficient cash accessible for emergencies. 4) Do not over leverage yourself such that a job loss or housing crash will immediately crush you. 5) Diversify your assets sufficiently. Don’t have all your money in your company’s stock.
5 tips to survive on a 7 figure salary.
Earlier quoted context omitted.
The "problem" with doomers is that they offer no nuance. Almost all of the issues people talk about are real issues we should be taking action on. But when assertions like "climate change is going to kill us all" are thrown around, it leaves very little room for actual change, and effectively demoralizes other people.
It’s because it’s an easier and more comfortable place to be. You don’t have to do anything if you don’t have a horse in the race. Changing habits, educating yourself, demonstrating, joining a party etc. all take time and effort. It’s a lot simpler to just throw your hands up and say nothing works, we’re all doomed.
Earlier quoted context omitted.
5 tips to survive on a 7 figure salary.
This is perfectly applicable for 5 figures.
People aren't realizing just how financially tight and desperate poorer people are getting right now
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It’s because it’s an easier and more comfortable place to be. You don’t have to do anything if you don’t have a horse in the race. Changing habits, educating yourself, demonstrating, joining a party etc. all take time and effort. It’s a lot simpler to just throw your hands up and say nothing works, we’re all doomed.
The sea surface temperature of the Earth set records every day for an entire year and we just learned that the CO2 increase for 2023 was 4.7ppm, a new record as well. If people haven't gotten the message by now, I'm pretty sure we are in fact doomed. I agree that it is psychologically easier to throw your hands up and say that nothing works (and my life sure made a lot more sense when I realized that nothing works),…
Interesting little observation (take from it what you will) If you search youtube for "2024 financial crash" you will hit quite a few results If you search youtube for "2023 financial crash" you won't find anything, they delete them all NYD 2024
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This comment is so divorced from reality for 95% of people it's not even funny.
Real median US household income was $74,580 in 2022. This advice surely applies to at least 50% of households, no?
more than fifty percent of American children do not have a two parent home; more than one million American men are in prison right now; the majority of the population lives in urban areas, etc
report: https://www.pewresearch.org/social-trends/2021/10/05/rising-...
If you follow some basic rules, you don’t have to worry about economic fluctuations or crashes. 1) Save diligently. 2) Think in terms of 5 or 10 years. 3) Have sufficient cash accessible for emergencies. 4) Do not over leverage yourself such that a job loss or housing crash will immediately crush you. 5) Diversify your assets sufficiently. Don’t have all your money in your company’s stock.
Earlier quoted context omitted.
This is perfectly applicable for 5 figures.
I don't think any of these things are viable on the lower end of 5 figures. People aren't realizing just how financially tight and desperate poorer people are getting right now
Earlier quoted context omitted.
It’s because it’s an easier and more comfortable place to be. You don’t have to do anything if you don’t have a horse in the race. Changing habits, educating yourself, demonstrating, joining a party etc. all take time and effort. It’s a lot simpler to just throw your hands up and say nothing works, we’re all doomed.
The sea surface temperature of the Earth set records every day for an entire year and we just learned that the CO2 increase for 2023 was 4.7ppm, a new record as well. If people haven't gotten the message by now, I'm pretty sure we are in fact doomed. I agree that it is psychologically easier to throw your hands up and say that nothing works (and my life sure made a lot more sense when I realized that nothing works),…
Earlier quoted context omitted.
The sea surface temperature of the Earth set records every day for an entire year and we just learned that the CO2 increase for 2023 was 4.7ppm, a new record as well. If people haven't gotten the message by now, I'm pretty sure we are in fact doomed. I agree that it is psychologically easier to throw your hands up and say that nothing works (and my life sure made a lot more sense when I realized that nothing works),…
One might also call it laziness.