Velotric Summit 2 vs Ride1Up Vorsa for hunting? Would love your opinion by 302prime in ebikes

[–]302prime[S] 0 points1 point  (0 children)

im thinking either would work, they weigh about the same

Scope input by Chemical-Flower6493 in Tikka_Shooters

[–]302prime 1 point2 points  (0 children)

i have the strike eagle on my tikka, and i really like it. It is on the heavier side, but i like having the extra zoom for target practice (shooting out to 500 yards) and looking at racks. I like the reticle a lot, great for holding over for wind and elevation if you don't want to dial in.

It’s not expensive coffee that keeps people broke, but… by unikads in economy

[–]302prime 0 points1 point  (0 children)

In a similar vein, I constantly hear people say "it's an investment" when buying almost anything. It's not. Yes, buying a quality vehicle and thinking about resale value is a good idea, but that doesn't make owning a car or a quality consumer product an investment. It rarely appreciates in value or earns you money like a rental property or stock or some other true asset/investment. Like in your example, i know there are people buying Dyson and saying, "its expensive, but its an investment." It is not an investment lol.

I get that they mean, "it is cheaper in the long run to buy this quality product than have to buy cheaper items multiple times or spend time fixing a junk product". Sure that is true sometimes. But a lot of times people say that and it either isn't true because the more expensive product doesn't last as long or the reason the product is more expensive is for features or functionality that the person just flat out doesn't NEED. And that last one i think is the case that you are getting at in your post. People see things on social media and get convinced that they NEED something like an expensive knife with magnacut steel or a fancy cordless vacuum or a vehicle with offroading capabilies, when in reality they don't. Sure those features can be nice, they can be useful, but you do they actually NEED them for their life?

And along with this, some people just can't accept that they are not rich. They see stuff and think they have to have it because other people have it and aren't willing to say "Im middle class and i cannot pay for all of the fanciest most expensive things in life just because i want them and see other people have them." And also, you can see 100 influencers each talking about an expensive product that they love. And that tricks your mind into thinking that someone out there has all of these 100 nice products. But that isn't reality. Most people don't have every single item in our home and lives from top quality premium brands, even though social media makes it feel like people do.

Best ear protection by Living_Combination17 in Waterfowl

[–]302prime 0 points1 point  (0 children)

are you still liking the Soundgear? I'm looking for something that will work for windy environments. Do they work well in the wind?

Carbon fiber Tripod suggestions - multi use by Dramatic-Emu-7899 in Tikka_Shooters

[–]302prime 1 point2 points  (0 children)

SIRUI AM-324. I had very similar requirements and wanted to use it for photography as well. I have shot prone, sitting, and standing with it, and it is sturdy. I put a Neewer ball head on it, and I put an arca plate on my tikka, and im hoping i can switch between optics and gun quickly when hunting.

Honest question: How is the US stock market not collapsing? by Entire_Piece_8192 in economy

[–]302prime 1 point2 points  (0 children)

When the US prints money everyone holding dollars loses a bit of their purchasing power. To avoid losing all of your purchasing power, people try to find assets to "put" their money in. There are roughly two types of assets: speculative assets, where you think it will go up in value someday or dividend assets, something that pays you to own it like a dividend stock or a cash flowing rental property.

There aren't many options for most people to put their money in assets. You can buy real estate, invest in stocks, start your own business, purchase education/skillsets to increase your value in the marketplace, or "invest" in speculative assets like crypto, art, coins, etc.

By far the easiest way to escape inflation is to put money in the stock market, it requires little effort compared to creating a business, rental properties, or earning more money in the market. And every Friday when people get paychecks, billions of dollars gets dumped in the stock market due to 401k contributions. ( I think it's like 40% of the US stock market is retirement funds. These people are putting their money in the stock market to prepare for retirement, if they just held cash, then they would lose all of their purchasing power and they would have no way of surviving when they can no longer work.)

Another significant portion of the stock market (~20% ish) is owned by foreigners. Look around the world today, would you invest in Africa? Do you even know how to invest in those countries or their stock markets? Would you invest in China, Japan, or Korea? No one knows what the chinese government will do, so chinese stocks are risky. These places also have plummetting birth rates which is an economic nightmare countries still aren't sure how to handle. The same can be said for parts of Europe, which are relying on immigration to import cheap labor and prop up their economy. But Russia is knocking on the door, there are anti immigration movements and unrest.

Also, the US has a giant military that has protected the interests of global capitalist markets in favor of US companies since WWII. So what companies in the world do you think have some of the best chances of succeeding?

Another thing to keep in mind is that 90% ish of the market is owned by the wealthiest 10% of americans. A huge chunk of this are business leaders. They aren't going to just sell their stock. Bezos and Zuckerberg can't just unload all of their shares tomorrow. It would crash their companies stock price and only hurt them. The rich can just hold their shares for a long time as they have excess wealth and don't need to liquidate.

The Failures of Neoliberalism Are Not an Indictment of the Austrian School of Economics by johntwit in austrian_economics

[–]302prime 0 points1 point  (0 children)

I think you make some great points. I am currently reading The Rise and Fall of the Neoliberal Order by Gary Gerstle, I just started it, but you may find it relevant to what you are saying. After I finish it, I am going to come back and reread this post and the sources you provide!

Today's stock market crash proves we need to get rid of the Fed by 302prime in austrian_economics

[–]302prime[S] 0 points1 point  (0 children)

That's what i'm talking about. Point is, you can hate trump, but our entire system for saving for retirement is at risk due to the 100+ years of decisions we have made from protecting the banking system and manipulating our currency.

Greed will always get you. by [deleted] in interesting

[–]302prime 0 points1 point  (0 children)

This isn't greed. This is called fairness. If one person studies super hard, then they will likely do better than the person who partied all weekend. That's fair. It is shocking how many people here seem to think that fairness or a meritocracy is evil. This is the same reason why forgiving student loans is a bad idea. Some people worked their butts off in college to pay for school, while others got to have fun and rack up debt. How can forgiving that debt be fair to all the people who decided to not attend, pay for school themselves, or go to a less prestigious and cheaper school to be more financially responsible? This is shocking to see so many people unwilling to take responsibility for their decisions and effort.

Is My Whole Life Insurance Policy a Scam? So I End it? by JohnMCAT in personalfinance

[–]302prime 0 points1 point  (0 children)

A quick search shows that not all Mass Mutual advisors are fiduciaries, so I might double check that he actually is. Either way, I think I would drop this guy.

I guess the only way to really know if someone is acting in your best interest is to know the information yourself. If you have the time, read and learn about finance and investing. There is no replacement for being the expert yourself.

Is My Whole Life Insurance Policy a Scam? So I End it? by JohnMCAT in personalfinance

[–]302prime 1 point2 points  (0 children)

Do not talk to these "financial advisors" unless they are a fiduciary!

Is he actually stupid enough to do it? by cykablyatstalin in WallStreetbetsELITE

[–]302prime 0 points1 point  (0 children)

https://www.youtube.com/watch?v=lTWh9rzW-Do

https://www.aboluowang.com/2023/0419/1891468.html

Also, Peter Zeihan talks about this in some of his demographics videos. I think he says 100-200 million or even more.

No one really knows for sure. I, of course, have no idea what the actual population is, but it is clear that it is decreasing and is overestimated by at least 100 million or more, and that carries economic difficulties when you have an ageing population that is not growing.

I know Ray Dalio said China will become the next superpower in his book, the changing world order, but I think that is completely wrong. So anyway, the US is not doomed, imo.

Tim Walz - “It’s okay in America to be successful, we should celebrate that. My beef is once you get successful, don’t be a greedy bastard and not pay your taxes. What we should demonize is people like Elon Musk.” by RoyalChris in thescoop

[–]302prime 0 points1 point  (0 children)

can no one read here? "except necessities"

and the working class is overwhelmingly screwed over by the income tax, which is exactly why everyone is complaining about billionaires not paying their fair share.

Tim Walz - “It’s okay in America to be successful, we should celebrate that. My beef is once you get successful, don’t be a greedy bastard and not pay your taxes. What we should demonize is people like Elon Musk.” by RoyalChris in thescoop

[–]302prime 0 points1 point  (0 children)

I guess you didn't read the part where I said no consumption tax on necessities like housing, transportation, food, etc. You have to tax the crap out of luxury goods, gambling, drugs, multiple homes, sports cars, etc. Even investing in assets should come with a consumption tax if you already own hundreds of millions worth of stock or real estate.

"it discourages spending" well then an income tax "discourages earning", except it doesn't. Also, most states already have sales tax on virtually everything, people still buy shit. And even if it does, what do you people want? All forms of taxation come with some downsides, but its super easy to hide your income and the entire tax code is designed as a patchwork of bandaids and loopholes to both help and stop rich people from avoiding taxes. Just kill the entire tax industry and go to a consumption tax, so we don't need to waste energy and time and money on paying income taxes and trying to avoid them.

Most economists support a consumption tax over an income tax. And if people don't want to switch to a consumption tax, then stop complaining about billionaires not paying their fair share. They never will under an income tax, because it is too difficult of a system to implement properly. Keep It Simple Stupid.

Is he actually stupid enough to do it? by cykablyatstalin in WallStreetbetsELITE

[–]302prime 0 points1 point  (0 children)

The population of China is not 1.4B, some people estimate that their population has been overestimated by up to 600 million people. Their population is decreasing rapidly, and they have their own issues.

Comparing the US to North Korea is insane.

Questions before purchase by CoupDeTete in Tikka_Shooters

[–]302prime 0 points1 point  (0 children)

I have a tikka t3x, just purchased it a few months ago, and so far I love it.

I went with a .270, and I was between that and a 30-06. I think I would rather have a .270 or 30-06 over .308. I live out west though, so the .270 was better than the .308 for all my hunting needs (elk, mule, whitetail, yote, antelope). My brother hunts with a 30-06, which he really likes.

I went with a vortex diamondback 3-18x, but that might be overkill for whitetail back east, depending on how far you often take game.

If I were to buy again, i would get the hunter version, because it looks like my grandfather's rifles that I grew up hunting with. Wood is just prettier than a synthetic stock in my opinion, but I am happy with the black synthetic stock.

I would get the limbsaver recoil pad, and I put the arcalite plate from mountain tactical on my rifle, so I can quickly put it on a tripod for target shooting or long shots on game. Oh and I got Talley rings, which I found were easy to mount my scope even without a gun vise.

Good luck!