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Joined 1 year ago
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Cake day: July 13th, 2023

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  • This is a bad outlook, there are plenty of low risk investment strategies that are meant as income generation, and it’s generally what you should switch to as you start needing to cash in on your savings, these are things like laddered tbills and dividend stocks.

    You can go slightly riskier doing things like wheeling options if your tolerance is higher.

    Investment profiles differ for a reason and the term of the investment is just part of the strategy.

    I should add that ‘buy and hold’ does not make something not a gamble.

    If I told you I bought a random crypto currency or penny stock with no future or fundamentals and plan to hold on to it for 10 years because I just know it’s gonna hit big, would you not consider that a gamble?





  • A) the three laws were devised by a fiction author writing fiction. B) video game NPCs aren’t ai either but nobody was up in arms about using the nomenclature for that. C) humans hallucinate fake information, ignore directions and restrictions, and spread false information based on unreliable training data also ( like reading everything that comes across a Facebook feed)


  • Ok, so then the owner isn’t paying property tax.

    In reality, the renter is not actually paying the property tax. They may be paying for it, but they are not the one paying the bill at the end of the year.

    Edit: classic lemmy. The renter may be giving money to the landlord which covers the cost of the tax, however that is irrelevant. a renter by definition, does not own the property and therefore does not pay property taxes and yet, still is able to utilize public infrastructure. Just like how a person who doesn’t have income is still able to use public infrastructure. Your ability to pay into the system does not preclude you from participating.










  • This is right wing rhetoric meant to convince people that cuts to social programs are needed as a way to make social services solvent, fyi.

    Social security is funded by the current tax payers, taxes were raised so that the social security could have some extra money to buy us bonds, allowing them to cash in those bonds later when boomers retire en masse. Eventually the bonds will be gone and social security will be ‘insolvent’ but this is ok! Social security is always being paid into and social security can be paid out with general funds, or by increased tax rates, or by increasing the cap on SS taxes.

    There is not actually any indication that social security is going anywhere other than Republican fear mongering.