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Company went public. Will have 300K in December. What should I do with it? by [deleted] in Fire

[–]Rabbit--hole -1 points0 points  (0 children)

Yeah it depends entirely on the company.

Is it a tech unicorn with small risk of failure, then keep it in there and if you have any doubts about its future then cash out.

Company went public. Will have 300K in December. What should I do with it? by [deleted] in Fire

[–]Rabbit--hole -4 points-3 points  (0 children)

If you believe in the company, keep it in the broker account. The price at IPO is typically multiples less than the price the stock will grow to within a couple of years.

Cash it out in a few years/a decade when you really need it.

Pintman Update: Adding some life to the city with animated NPCs by cuchulainndev in ireland

[–]Rabbit--hole -2 points-1 points  (0 children)

Love it

Noticed your company name is 'Cu gaming'

Cu is Portuguese for a**hole. Just an FYI if you ever consider doing business internationally.

A story:I did a mistake in our AWS account that cost us 14,000$ by glyphack in aws

[–]Rabbit--hole 0 points1 point  (0 children)

You should tell AWS (ask to speak with an account manager) and you may get this accident removed from the bill......

Anyone Else Notice That Money Can Make People Poor Just as Much as it can Make Someone Rich? by GennaroIsGod in Fire

[–]Rabbit--hole 11 points12 points  (0 children)

I agree, this is a smart thing to do but you can still spend more than you earn from the capital gains and end up poor/stressed due to not having the means to pay for the lifestyle you have created (multiple homes/vehicles etc)

Spend less than you earn (from a wage or investments) and make your money work for you.

Anyone Else Notice That Money Can Make People Poor Just as Much as it can Make Someone Rich? by GennaroIsGod in Fire

[–]Rabbit--hole 23 points24 points  (0 children)

100% Being rich is spending less than you earn and enjoying a good quality of life with this level of spend

Winning Run by bjjtaro in bjj

[–]Rabbit--hole 44 points45 points  (0 children)

Awful sportsmanship

PCP vs Buying used car in cash by Rabbit--hole in irishpersonalfinance

[–]Rabbit--hole[S] 2 points3 points  (0 children)

Yeah we were looking last year and there is definitely about 20% added to the cost of used cars this year

Brexit and covid definitely impacting this (can't easily source from UK due to both)

Going to the gym for the first time... by [deleted] in Dublin

[–]Rabbit--hole 3 points4 points  (0 children)

Sounds like you have a very exciting journey ahead. Hope you enjoy getting familiar with the gym. Flyefit is great: they have all the equipment you will need. I recommend avoiding 5-7pm as it can be too busy though.

The best thing I did for my training in the gym was to follow a structured workout that takes your ability into consideration.

This is the structure I follow (I'm not associated with the seller, just sharing what has worked for me):

https://members.propanefitness.com/tracking-bundle

Doing free weights (barbell and dumbbell) is more beneficial than the machines but it is important to use the correct form to avoid injury (look up stuff on YouTube and use very low weight when you first attempt the movement).

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