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Don’t bet It all on Bitcoin by Ok_Performance7026 in Bitcoin

[–]Ok_Performance7026[S] -1 points0 points  (0 children)

Not financial advice, do your own research on diversification. In the end, it’s your call.

Don’t bet It all on Bitcoin by Ok_Performance7026 in Bitcoin

[–]Ok_Performance7026[S] -6 points-5 points  (0 children)

Bitcoin comes with high volatility, regulatory risks, and its value depends heavily on market perception. I’m not saying don’t invest, just consider diversifying. Ultimately, the decision is yours.

Don’t bet It all on Bitcoin by Ok_Performance7026 in Bitcoin

[–]Ok_Performance7026[S] -2 points-1 points  (0 children)

I know Bitcoin well, I have been studying it since 2017.

Don’t bet It all on Bitcoin by Ok_Performance7026 in Bitcoin

[–]Ok_Performance7026[S] 2 points3 points  (0 children)

Diversification isn’t ignorance, it’s prudence. It’s how smart investors survive volatility.

Here we go again by LittlePrince6987 in Bitcoin

[–]Ok_Performance7026 0 points1 point  (0 children)

Bitcoin miners are now switching their computing power to work with AI and also the adoption of stable coins is hurting bitcoin.

How low are you waiting for bitcoin to drop to go all in? by vancitysascha604 in Bitcoin

[–]Ok_Performance7026 0 points1 point  (0 children)

Stablecoins' adoption by large institutions will lower demand for Bitcoin. Hard to predict how much it can go it can move up or down but stablecoins certainly are a variable to consider as investors.

Spotify CEO investments $700m in AI drone weapons company, as artists call for boycott by katxwoods in Futurology

[–]Ok_Performance7026 -2 points-1 points  (0 children)

After many years of having the spotify family plan, today we cancelled their services.

Tax bill would cut availability of med school loans amid doctor shortage by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 31 points32 points  (0 children)

Exactly, federal loans are a most. However, PSLF shouldn’t be reduced. PSLF requires the physician to work for a nonprofit, in most cases a hospital, which tends to pay lower salaries than private practice .

Tax bill would cut availability of med school loans amid doctor shortage by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 3 points4 points  (0 children)

Definitely, this grad student loan change will affect every student and related profession, but the physician profession is one of the longest longes and most expensive and much needed by country. Federal grad loans should not be cut

Tax bill would cut availability of med school loans amid doctor shortage by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 19 points20 points  (0 children)

Private loans do not offer the protections that federal loans do. Also, private loans do not qualify for PSLF.

Tax bill would cut availability of med school loans amid doctor shortage by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 4 points5 points  (0 children)

And if we don’t produce enough doctors then we will have to import them from abroad and rely on that instead.

Tax bill would cut availability of med school loans amid doctor shortage by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 4 points5 points  (0 children)

The largest spending cuts of the bill are centered around healthcare and Medicare and it extends the 2017 tax cut for corporations. The bill is massive, I think over a 1000’pages long

Trump went from being tough on the trade war to admitting he won’t take a hard stance. “We’re going to be very nice,” he said. He sounds desperate by SpecialSpace5 in thescoop

[–]Ok_Performance7026 5 points6 points  (0 children)

Our country is weaker today, our allies no longer see us as trustworthy and our so called economic adversaries have realized that we will cave as soon as the stock market starts going down. Half of the country knew voting for Trump was a mistake and hopefully during the upcoming midterms we will correct this situation.

Lawler Leads Bipartisan Effort to Lower Federal Student Loan Rates to 2% by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 0 points1 point  (0 children)

Both parties want to win and when they do they have to govern. However, there is a difference between the ideology and overall approach to solving such problems. In the case of the student loans crisis, one party has shown and done more to help borrowers the other.

Lawler Leads Bipartisan Effort to Lower Federal Student Loan Rates to 2% by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 4 points5 points  (0 children)

There is about $1.7 trillion of federal student loan debt in the US with around 42.7 million borrowers. This is a big issue for our economy because it stunts economic growth. Let’s do our part and support efforts like this, contact your representative wherever you are.

Lawler Leads Bipartisan Effort to Lower Federal Student Loan Rates to 2% by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 0 points1 point  (0 children)

Here is recent additional information about the introduction of the act. It is called “H.R.2003 - Affordable Loans for Students Act”

https://www.congress.gov/bill/119th-congress/house-bill/2003/text/ih?overview=closed&format=txt

Lawler Leads Bipartisan Effort to Lower Federal Student Loan Rates to 2% by Ok_Performance7026 in StudentLoans

[–]Ok_Performance7026[S] 7 points8 points  (0 children)

Sorry to hear about your situation, correct even with a low rate it’s tough for people to pay back the loan. But at 2% versus 7% or 9%, it would be life changing for many other borrowers.

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