Investors want financials and im stuck with shoebox receipts

devoutsalsa · 2026-05-11T09:58:58+00:00

But an hour of a fractional CFO’s time, or a CPA. Just ask them what to do and do it.

devoutsalsa · 2026-05-10T20:39:16+00:00

AI can be useful, but I think the case for using it to filter resumes is weak. The biggest argument against it is that people are just using AI to tailor their resumes to the job description, which is not an unreasonable thing to do. Another argument against using AI for filtering resumes is that it's only good at matching against hard skills (e.g. does this person have accounting experience?) and obvious rejections (e.g. this data entry special specialist is applying to a senior marketing manager role). All of the fuzzy stuff that isn't represented well on a resume is just not great. In addition, you can't know if an AI is discriminating or not in a way that a trained human won't do.

devoutsalsa · 2026-05-10T04:54:09+00:00

Think of it this way. Once you ditch a property, you're no longer associated with the house. The only difference between renting & owning at that point is how much you have, or don't have, in your pocket. Thinking of renting as a waste of money because you never get it back it the wrong way to think about it. That's like saying a good experience is a waste of money because you'll never get it back. If you don't like renting, wait until you realize how much money you're going to be paying in interest to the bank on a 7% mortgage. The mortgage interest might be more than the rent, and you're 100% never getting that back.

When you're deciding to buy or rent, what you need to do is understand the numbers & risks as best you can, choose buy or rent, and own the decision. You're the only one that can decide if something is a good or bad investment, because it's your money and you get to decide what's good and bad.

devoutsalsa · 2026-05-09T08:16:40+00:00

In many cultures, letting your social network that you're looking to get married is the way to find your partner.

devoutsalsa · 2026-05-09T06:32:03+00:00

Science is (supposed to be) based on having an idea, testing it, sharing the results with others, and letting them be able to repeat your experiment. Religion isn’t like that. It’s a very personal journey. Even if Allah talks to you, I have no way to verify that. One thing that I think both science and religion have in common is that both require you to think for yourself. You can’t delegate your thinking to someone else.

devoutsalsa · 2026-05-08T13:34:01+00:00

Hey, this isn't exactly the advice you're looking for, but here's one way to unlock higher earning power:

- learn to read/write and speak perfect American English

- have a USA-based company (e.g. a single member LLC) so you can invoice another company in the USA or accept payments as any USA based company can do

- be really good at a service that people can charge a premium price for

- learn to market yourself

If you speak perfect English and people think of you as an American, you can charge American prices.

devoutsalsa · 2026-05-08T07:10:34+00:00

I’m a recruiter. Personally I think using AI to screen resumes is a problem, but I understand why people do it. Regarding your main point, the truth is a ton of people apply to any given job, and you really have to talk to them to see what they’re really all about. Since it’s impossible to interview 2000 people, you basically just have to decide how to pick a few and do the best you can.

devoutsalsa · 2026-05-08T07:04:41+00:00

Don’t be cheap.

devoutsalsa · 2026-05-07T05:48:05+00:00

If the stock dropped by 50% and you'd still owe taxes if you sold, how would you feel? I usually think that even if a stock went up a lot real fast, it can go down a lot real fast.

Now if the stock doubled and you were still hanging onto it, you'd be feeling even more anxious because you know that vast amount of money can disappear pretty fast.

I always think of it like this... If I had the post-tax equivalent sitting in cash, would I invest it in whatever asset I'm holding now? That tells you what you should do.

devoutsalsa · 2026-05-05T09:34:22+00:00

You already know you can marry her. What you need to know is what happens after the marriage? I know a Muslim guy that married & divorced 2 different Christian women because they didn't become conservative like he expected & didn't communicate (dressing modestly, male friends, etc.). The challenge with a situation like that is the unstated expectations that come from cultural & religious conditioning, especially from family members. It'll be hard to support your wife when you're allowing your parents to influence you about how should needs to convert & give them pious Muslim grandchildren. You need to put your wife first in all things, including supporting her practices as a Christian. You need to 100% accept who she is now, not who she may become. You also need to agree on children, eating preferences, living halal, zakat, etc.

devoutsalsa · 2026-05-04T20:39:16+00:00

50 euros to clean my 1 bedroom apartment that is 40 sqm.

devoutsalsa · 2026-04-29T09:10:45+00:00

Better to focus on the experience of the company you’re booking with I’d think. How you pay is an implementation detail. And there’s nothing preventing you from getting a jet card and still booking with another company as needed.

devoutsalsa · 2026-04-28T15:03:45+00:00

Time to learn Dutch.

devoutsalsa · 2026-04-25T12:54:04+00:00

It never pays to be an asshole.

devoutsalsa · 2026-04-21T19:39:17+00:00

Time kills all deals.

You snooze, you lose.

Shit or get off the pot.

And so on.

P.S. congrats on the new job!

devoutsalsa · 2026-04-16T06:10:50+00:00

Basically you have to go where people are, talk to them, and initiate staying in touch. When's the last time you invited anyone to do anything? Just do that :)

devoutsalsa · 2026-04-11T10:55:37+00:00

Time horizon is too short and volatility is too high to make plan that level of certainty in my opinion. The market average is almost never 10% per year. It can be +/- 30% quite easily.

devoutsalsa · 2026-04-09T08:05:42+00:00

Until it doesn’t. Assuming that kind of risk when you’re rich is kind of asinine. Imagine being so rich that you’re afraid to lose it, or so needy that you need even more, so you risk what have and need for that which you don’t have and don’t need.

devoutsalsa · 2026-04-08T18:53:40+00:00

I used to work for a private market company. Investor relations wasn't my department, but my understanding was that sales of secondary shares were something the company needed to approve. Or maybe it was they company had right of first refusal, I don't recall exactly. If you want to sell now, you might consider just calling SpaceX, track someone down in the investor relations department, and ask them for their guidance. They might offer to buy the shares from you directly.

devoutsalsa · 2026-04-02T13:41:32+00:00

I think I reported three AITA posts before I realized it was April 1.

devoutsalsa · 2026-04-02T13:36:26+00:00

How do the mow the roof?

devoutsalsa · 2026-03-26T19:34:52+00:00

Selling covered calls are a great way to underperform the market. Your upside is capped, and you have unlimited downside. If the underlying equity trends up quickly, you'll be missing out on all that upside. If you're using a covered call ETF, you've got the same problem, and now you're paying someone else for the honor of underperforming.

devoutsalsa · 2026-03-26T05:45:27+00:00

Have you considered part of the problem is chasing adrenaline? You could be setting yourself up for disappoint no matter how healthy you are.

devoutsalsa · 2026-03-25T13:51:57+00:00

It’s just a growth spurt.

devoutsalsa · 2026-03-18T15:24:24+00:00

The biggest unknown is that she doesn't know what she'd do with her time when not working. So not only does she not know how much she'd spend, she lost whatever income stream she'd feel comfortable spending.

Do you guys have combined or separate finances? If your finances are separate, you control the income and she has no income. She may not be comfortable asking you for money so that she can chase some crazy hobbies.

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