461–470 of 583 posts
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> Did I miss anything in that summarization? Have no children? Not only because they eat money, but your priorities will do a complete 180.
Eat money and poop work
Thanks for the second laugh when I thought, “What a fun dad joke” and saw your username. :)
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Keep in mind you can be disappointed in more than one way. Either you tried the impossible with an optimistic mindset and failed anyway, or you failed at something doable because you took pessimistic choices. It's not actually obvious which category this is in.
Yes, but the optimistic mindset would probably have a better outcome than the latter regardless if they failed to meet their original expectations or not.
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> the US practically invented all these issues I don’t believe that the Netherlands has inherited these ideas from the USA. In fact, NL invented capitalism and stock markets. Every Dutchie I speak to about the inequality here, loves comparing themselves to the USA memes. It’s that whataboutism and the ignorance that bothers me.
> I don’t believe that the Netherlands has inherited these ideas from the USA. In fact, NL invented capitalism and stock markets. Of course, I'm aware that NL invented stock markets and pioneered a lot of ideas behind modern capitalism. That wasn't where I was going with it. Not to turn this into some weird anti-pissing contest of "my country is worse than yours," but, if you look at the numbers, the US fares worse t…
Fair enough, though I wasn’t trying to imply that either.
> it's pretty clear that the Nordic model of capitalism is basically as good as capitalism gets
I can agree from the data and personal experience, that the QoL for the lower/middle classes in the EU is better than most of the world.
However, I don’t think that it’s as pronounced as the local EU politicians would have you believe, when they advocate for higher taxes every year.
That’s essentially the divide I’m talking about in my comments - the broken capitalist dystopia of it all. They set the benchmark somewhere in between the USA and the post-colonial world, and act like they’ve solved everything.
> reducing the consequences of failure from "total personal and financial ruin" to something more manageable is more likely to encourage people to take chances that may or may not pay off. That's what economic freedom really is.
Yes, I agree that this sounds intuitive. Unfortunately, the EU has one of the least risk-taking people I’ve ever seen. People don’t startup nor attempt businesses.
> Are you just saying that people you talk to are saying what I said, but without the facts and figures?
Not exactly, but rather, they are unaware of the situation outside their social bubble in NL. And see memes about the USA and think they’re doing great.
> Disclaimer: I acknowledge that I’ve been very privileged, especially in the educational opportunities I’ve had. This might sound reasonable from a US-centric perspective, but to me it reads like utter nonsense. The main privilege here is access to the US labor market and tax policy. There are no stories like this one where I live (in Sweden). Absolutely none.
The modern "progressive" thought-process is to feel guilty about having a good education. I went to private school in the UK and the only thing I feel is infinite gratitude to my parents for forking-out the money to send me there (they were not rich, they were both teachers).
> If you’re still a student or open to attending grad school, do everything you can to gain admission into a top-5 Master’s program I think you are over-estimating the impact of a "top 5" master's program vs an average master's program. I had a very similar trajectory to you and went to an average master's program. The major difference between you and me is that I never wanted to work for a Google, Amazon, or Hedge F…
Salary suffered because of my reluctance to even compete for those jobs. The article talks about how to gain Financial Independence as a software engineer. Choosing to not work at FANG or unicorn co's, will severely limit your ability to achieve FI. Whether you like it or not, people do make judgements off of where you went to school. I've had several managers at FANG talk about how they have a bias towards top 10 sc…
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If you’ve made over a million dollars in RSUs after taxes then I must admit… I’ve never heard of anything like that. Are you sure you’re not talking about stock options in a quickly growing company/ startup?
No, I’ve had stock options too but they’ve turned out worthless. I don’t know what your seniority is and what you’ve seen but I can assure you it exists, and it’s not unique exceptions. Maybe a good opportunity to interview if you’re feels it’s unattainable where you are now. Plenty of US companies hiring remotely too…
You pay hella more tax on them though, but I mean the reason I left the US was also like.. related to all this. I want the things those taxes pay for, it feels incredible to be back somewhere with functioning healthcare, functioning child care systems.
The biggest takeaway is, of course, in-flow over spending.
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Yes, but the optimistic mindset would probably have a better outcome than the latter regardless if they failed to meet their original expectations or not.
If you have an optimistic mindset and poor abilities, how does that translate to a better outcome than a pessimistic mindset?
I’m in a similar but worse boat - my net worth is only now reaching $375k after 3 years in the market. Most of my friends and coworkers are pushing 750k to 5-7 million. The biggest takeaway is, of course, in-flow over spending.
If you'd like to pick a different username we'll be happy to rename it for you.
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