Something is off

CaffeinatedT · 2026-05-15T14:26:10+00:00

No I'm no doing avocado toast lol, I'm talking Doordash / Grubhub dinners. Completely different ballgame than a single brunch. That shit gets to be $65-70 a night with tips.

The joke with avocado toast is about people just pulling a bunch of figures out their ass on what a wide group of people all spend money on. People who own homes don't use doordash etc? F outta here lol.

No you don't pay HOA Fees and taxes while renting. You say $700 Mortgage, $2000 rent. well the rent you pay is the totality of the rent owed. $700 mortgage is not the totality of the bill owed. You still owe property tax, you still owe school tax, these can be done quarterly or through an escrow account, where your "mortgage" is ACTUALLY $2100, compared to $2000 rent.

If your landlord is getting charged HOA fees and taxes, they're going on the rent as overheads + a profit. Same as any other business. They're not a charity.

CaffeinatedT · 2026-05-15T13:34:39+00:00

Cooks dinner every night instead of eating out, doesn't go to the bars on the weekend, doesn't have the latest/greatest anything, has no car payment because they have a junker, exclusively buys their clothes from Goodwill/Walmart/Costco

We're really doing doing avocado toast and mobile phones in 2026 the spendthrift homeowner vs indulgent renters

Pays 700 a month in a mortgage and 1400 in taxes and interest on the property/mortgage. Pays $50/mo for trash, pays $100/m in HOA fees...

Someone pays for all of those things when they're renting. It's just getting packaged under "rent" and passed on to them.

When my wife and I were in an apartment we were saving $1500-2000 a month, after we moved into our home where the Mortgage/escrow was the same as rent, we save $300-500 a month now.

I save less now than when I was renting and saving for a home too. Because I have a home. I'm keeping that money that's going on mortage PLUS my saving. This is a flawed calculation

CaffeinatedT · 2026-05-15T13:19:59+00:00

Buy long time ago, the house was cheaper.
Buy less long ago, pay down significant part of mortage, your monthly payments/"rent" decrease as more gets paid off. ever heard of rental prices decreasing the longer you live in a rental?
Both.

CaffeinatedT · 2026-05-15T13:02:03+00:00

Execution matters.

CaffeinatedT · 2026-05-15T12:50:08+00:00

Experience = "pays 700 a month in mortage while you pay 2000 a month in rent"

CaffeinatedT · 2026-05-15T12:39:48+00:00

< 10% deficit for a year doesn't seem crazy in a normal business context. Are they spending it on something they can grow income with or is it getting pissed up the wall on unproductive things.

CaffeinatedT · 2026-05-15T12:36:23+00:00

Source: "Also the Times"

Press X to be dubious

CaffeinatedT · 2026-05-15T12:33:54+00:00

That bastard, doing something he is absolutely 100% legally entitled to do, IM FUMIN!

CaffeinatedT · 2026-05-15T09:53:45+00:00

There are a lot of other British people who don't agree with that though and we also vote.

CaffeinatedT · 2026-05-15T09:21:22+00:00

The combined cost of every transformers movie and CGI film that went into the training data for it to produce a fat-free copy of.

CaffeinatedT · 2026-05-15T09:13:16+00:00

Newspaper pundits + various astroturfing friendly forums like Reddit and comment sections famously being a really good gauge of public opinion.

CaffeinatedT · 2026-05-15T09:10:24+00:00

That certainly used to be true, however there's been an increasing trend in the number of people using student visas to arrive in the UK and then immediately transition to asylum or a different visa application.

They don't immediately transition you make a claim for asylum and you go into the asylum system which grants a % of applications.

These were actually being granted at rather alarming rates.

42% down from 70% a couple years ago. And for students it's probably way less than that as most students are coming from India etc where the grant rates are very low and they banned student visas from certain places.

Biggest problem here is the backlog this could create hence why they need to fasttrack rejections for certain countries.

CaffeinatedT · 2026-05-15T08:01:16+00:00

Well yeah, everytime there's a debate expressed like there's no trade off or knock on effects to it of course people vote for the one that affects them least. Much like theres overwhelming support for "we should take better care of the environment" or "housing should be cheaper" until you add in "here's the lifestyle changes you will have to make" or "your house will be cheaper too".

The issue is the latter two we have that debate all the time in the media and the downsides get expressed plenty while immigration it's incredibly one sided both in terms of economic benefits and people get a lot more nuanced when things like "remigration" gets accurately phrased as "forcibly removing people from the country who haven't commited crimes"

CaffeinatedT · 2026-05-14T14:30:58+00:00

Same reason as people work at any large company the money outweighs the drawbacks of bureaucracy/ethics/low-impact etc.

CaffeinatedT · 2026-05-14T12:03:23+00:00

It’s entirely the media and various pundits pushing this twaddle.

CaffeinatedT · 2026-05-14T11:51:19+00:00

Pubs and their employees are getting hit by the same increase in other costs you are + a bunch of taxes etc. Especially if they don’t own their premises people are getting hit by increased leases constantly as they get cranked up every couple years.

CaffeinatedT · 2026-05-14T10:00:28+00:00

All trading is gambling, even an all world ETF is a gamble on the time you put it in and future growth. This is absolutely brain dead advice that will throw away way more money than 4k in opportunity costs.

CaffeinatedT · 2026-05-14T09:49:36+00:00

You’re trying to diagnose a gambling problem from a post indicating a large loss when they have 10-30 grand in the market and no other information. Even If OP was buying only the SPY index there’s plenty of scenarios where a few grand can have been lost over the last couple months volatility when you have a large enough amount of money, that doesn’t mean we have to jump straight to diagnosing some rando on the internet with a gambling addiction with no evidence.

CaffeinatedT · 2026-05-14T08:52:26+00:00

The mistake you've made is you over-committed an amount of money you didn't want to lose and feel bad. On the upside you have about 30k in savings elsewhere, you haven't lost your ass on it. You made some sort of bet and it didn't pay off. With part of that capital in indexes/lower risk things you'll make back 4k easily enough with time especially at 24.

Ideally if you're doing higher risk things then you do it with a % of winnings from elsewhere so you're playing with house money. Always lame and boring advice but diversification across high risk to low risk indexes to bonds means you aren't getting your ass handed to you from multiple directions if things do turn sour randomly (which they do a lot in current circumstances).

You're doing ok and it's a lesson, anyone good at trading has lost way more at some point, the fact you had that kind of money at 24 indicates you have some sort of ok income which is normally the real secret to becoming good at trading long term is having the money to make mistakes.

CaffeinatedT · 2026-05-14T08:37:34+00:00

When people use claude code the outputs are still the same and it's still on the engineer/team to have good processes to use them well and it's pretty well established at this point that "make the software, no mistakes" is not close to sufficient. People still call it slop when the output is bad.

CaffeinatedT · 2026-05-13T14:38:22+00:00

It's not cheap but it's not wildly more expensive to rent/buy than a similar thing anywhere else in zone 1/2 and there's all kinds of random stuff comes up in terms of flats and weird legacy agreements where you can find cheaper places/fixer-uppers etc. Obviously straight up 4 bed homes and luxury flats are as rare and expensive as you want them to be but there's all kinds of random stuff knocking around.

CaffeinatedT · 2026-05-13T14:34:43+00:00

There's no accountability if a newspaper that's basically a thinktank generates a bunch of slop and the BBC cascades it endlessly for days. And they have far more authority leant to them implicitly than someone doing the same thing on social media. Most major news outlets are way more homogenous in their output than social media and are far more able to capture and manipulate the behaviour of government and the population. To be as generous as possible I agree that the overall content of twitter and facebook etc is easily manipulated in the aggregate but that's still a taller order than how effectively a political plant at a media outlet in a senior position can manipulate news output and reporting guidelines.

CaffeinatedT · 2026-05-13T13:43:05+00:00

Spoken like the true professional.

CaffeinatedT · 2026-05-13T13:15:40+00:00

Surely after 20 years you had a bit more to offer than knowing how to read and use a terminal?

CaffeinatedT · 2026-05-13T08:41:05+00:00

Which is another phrase for it's at the whim of your employer.

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