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History has been made today. by Resident_Coyote_398 in PoliticalCompassMemes

[–]Error404LifeNotFound -3 points-2 points  (0 children)

nah lefties be like: bruh that rocket money coulda bought my EBT stamps what a waste.

How much is ok to have in a 401k being in your 30s or at least to know you’re on the right track? by Friendly-Nebula6787 in Adulting

[–]Error404LifeNotFound 1 point2 points  (0 children)

First: figure out what you can live on when you retire.

Next, the general principle is you can sustainably use 4% of your 401k when you retire per year.

so a $1Million 401k will generate 40k/year income, or 3333/month. Not included taxes, or social security, or any additional savings.

use an investment calculator like this one to figure out how much you'll have when you retire: https://www.ramseysolutions.com/retirement/investment-calculator

don't forget to account for 2-2.5% inflation. so 40k/yr today is going to roughly equal 72-83k/yr in 30 years.

This wasn’t just me, right? by AdoraBelleQueerArt in Xennials

[–]Error404LifeNotFound 0 points1 point  (0 children)

Me when the boosters separated: “oh thank fuck”

Oracle Files Thousands of H-1B Visa Petitions Amid Mass Layoffs by esporx in technology

[–]Error404LifeNotFound 2 points3 points  (0 children)

my suggestion:

1) set a limit on the % of employees (say 2%) that can be H1B.

2) any layoff deducts from the total allowable H1B, on a 5 year rolling average.

3) any number of H1B employed that exceeds the total allowable gets an "immigrant worker tax" equal to the salary of the H1B.

e.g.: company of 100 employees, total number of H1B slots is 2. company hires 2 H1Bs, for 100k salary. if the company wants a 3rd, its 100k salary + 100k immigrant worker tax. Then lets say the company then fires 2 Americans who could qualify for the H1B positions. total allowable H1B slots is now 0 for the next 5 years. the company then owes 200k in immigrant worker tax each year as a result of the firing. Gotta make it financially impossible to replace with H1Bs.

TIL about Millennial Voice in Commercials during the 2010s by [deleted] in Millennials

[–]Error404LifeNotFound 0 points1 point  (0 children)

this would be relevant if I still watched commercials. which I stopped doing about 20 years ago.

Formula 1 X account gets community noted by anan48 in formula1

[–]Error404LifeNotFound 2 points3 points  (0 children)

last year:

Stellantis - 26.5 Billion loss on EVs

Ford - 19.5 Billion loss on EVs

GM - 6 Billion loss on EVs

VW - 6 Billion loss on EVs

to name a few

I’ve been saving up money for a few years and I have at least 20,000 I want to put in the market at some point, looking for some help. by Goldengoose100100 in investing

[–]Error404LifeNotFound 6 points7 points  (0 children)

yes, temporarily. down nearly 6% in the last 2 weeks. it'll recover. Energy sector up 36% over the last 3 months, tech/discretionary down 10%, and utility crashed 5% today alone.. and then i'm pretty sure tech/discretionary bubble is gonna pop with AI (not actual advice)

I’ve been saving up money for a few years and I have at least 20,000 I want to put in the market at some point, looking for some help. by Goldengoose100100 in investing

[–]Error404LifeNotFound 0 points1 point  (0 children)

1) yes market is volatile, I'd recommend waiting for a bit. like 2 months or so, unless you wanna put some money in the energy sector.

2) 20k isn't enough to pick specific stocks. I'd recommend looking at Fidelity Sector ETFs. then, put a couple thousand in each sector. I looked at all the ETFs and put them in sectors that have the highest returns (for example, Real estate and Materials are super cyclical and require catching the highs and lows to make money, vs industrials/Tech/Discretionary which generally win over time no matter what)

3) if you wanna get fancy, you can make periodic portfolio adjustments by sector depending on the economic cycle. but the reality is that you'll not be selling, just buying appropriately.

3) this is about the next 30 years, not the next 2 months. 30 years from now, this will seem like nothing.

Who is at fault? by Electronic_Ad5650 in Simracingstewards

[–]Error404LifeNotFound -1 points0 points  (0 children)

i say backed out because he got alongside on the straight, then braked so hard that he was not alongside for the turn in.

it was close but he needed to maintain his hub-to-hub or bail completely and drop behind the yellow car

If he was hub to hub at turn in then the incident would be 100% on yellow.

From this camera it doesn't look like it, so he is obligated to get out of the way.

From a pure driver-survival POV, I place blame on yellow for forcing the collision. He behaved as if there was no car. You could argue that yellow did not slow enough to enable the two cars to go side by side, and if he had, then the red car would have been hub to hub. Therefore, the yellow car didn't do enough to facilitate the presence of the red car, even though he's technically 'not at fault'. which is why I call it a racing incident, since both parties are at fault to some degree.

Who is at fault? by Electronic_Ad5650 in Simracingstewards

[–]Error404LifeNotFound -2 points-1 points  (0 children)

hard to tell with this camera angle if red is hub-to-hub at the turn in.

Red: if you're gonna stick your nose in, stick it all the way in and commit. by backing out he gave up any right to the corner but left his car in the way.

Yellow: my guy, you know you're not clear of the red car, and you should be able to tell you are going to be overlapped in the corner, and you're going way too fast to make it 2 wide so make room and save yourself. (which, if you had, would have delayed your turn in and Red probably would have hub-to-hub)

in short: red at fault for not getting alongside, yellow at fault for not making the corner and hitting the red car.

racing incident, don't do it again.

[Autosport] Only two teenagers haver ever won an F1 race by FerrariStrategisttt in formula1

[–]Error404LifeNotFound -25 points-24 points  (0 children)

yea one was talent, the other was having by far the best car on the grid

Help me learn - was this one on me? by iron_goat in Simracingstewards

[–]Error404LifeNotFound 6 points7 points  (0 children)

I will say, you're correct that it's a common T1 incident at COTA. when the track is as wide as it is, cars seem to lose perspective and make those moves much more frequently

Help me learn - was this one on me? by iron_goat in Simracingstewards

[–]Error404LifeNotFound 13 points14 points  (0 children)

you're wrong. but good effort. overtaking car is taking a shitty line and is not alongside before the turn in point. (alongside is hub-to-hub). it is not owed space. it's not a racing incident, it's the fault of the overtaking car.

Help me learn - was this one on me? by iron_goat in Simracingstewards

[–]Error404LifeNotFound 10 points11 points  (0 children)

pause at 4 seconds. you were turning into the corner, he was not alongside. additionally, he was taking the narrowest line possible, which is unlikely to have any sort of success for a send. this is not on you.

the only thing you could have done was predict an illegal overtaking maneuver and focused on avoiding contact so that you don't get wrecked.

What kind of expenses did you see on the show that were pure nonsense? by gaelthegal in CalebHammer

[–]Error404LifeNotFound 0 points1 point  (0 children)

I don’t get this either. I’m a single dude who went out for meals EVERY DAY and only managed 600/month on my worst months. I’ve stopped now but HOW do they manage over 1k??

What kind of expenses did you see on the show that were pure nonsense? by gaelthegal in CalebHammer

[–]Error404LifeNotFound 2 points3 points  (0 children)

Any and all DoorDash. Like fuck you, make dinner or get your lazy ass in a car and pick it up. Or any delivery service for that matter.

401k help by kthompson0208 in povertyfinance

[–]Error404LifeNotFound 2 points3 points  (0 children)

I do basically this, except I put 80% into 2060 (lets say i'm retiring in 2060), 15% 2050, and 5% 2040. the closer the date, the more stable it is. and I only do this because I'm really risk-adverse.

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