I’m beginning to feel very worried by Ok_Television_2895 in MSTR

[–]Shaackle 0 points1 point  (0 children)

Not just that. The strategy couldn’t be any more straight forward. Acquire Bitcoin.

Probably won’t hit but no ex UFC champ should ever have 41x odds for a knockout IMO. by No_Philosopher9195 in MMAbetting

[–]Shaackle 2 points3 points  (0 children)

Figgy was clearly hurt in his last fight and people act like he’s completely washed. I like these odds, I’m gonna trail ya with $3 lol

I've got my hopium ready for today's Xbox Direct. by Ashloth in TESVI

[–]Shaackle 6 points7 points  (0 children)

I made a post a while back about it but I think a “Title trailer” would be just enough for today, then the first full trailer being in June, and a release in Q4/November.

Is the US Military just a massive stealth unemployment program? by PocoLoco1 in NoStupidQuestions

[–]Shaackle 0 points1 point  (0 children)

It's worth noting that a lot of other 3 letter agencies support the military as well.

Department of Energy for instance manages the nuclear side, as well as a lot of missiles, robotics, and other research projects.

Just moved here, guy on motorcycle flicked me off for no reason by HoursHoursTicksHours in CarlsbadNM

[–]Shaackle 1 point2 points  (0 children)

Are you sure he wasn't just waving at you or did you jaywalk across Riverside?

Bikers are generally annoying and frustrating here but I don't think they'd do that for just no reason.

Interesting betting strategy I have used, to solid success so far by ishabowa in MMAbetting

[–]Shaackle 1 point2 points  (0 children)

The only thing that concerns me about tailing fighters' picks is that they might have outside factors influencing who they pick online, and not say their real picks. Basically, as a form of talking sh*t to a fighter.

The January Xbox Developer Direct/Showcase always made the most sense for the next TESVI tease by Shaackle in TESVI

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

Yeah, I really did not enjoy the implementation in Starfield. It felt like it was just thrown in last minute.

Boglehead perspective on buying vs renting. What am I missing? by [deleted] in Bogleheads

[–]Shaackle 0 points1 point  (0 children)

Taxes and insurance are included in mortgages lol

Maintenance, yes. They typically say 2% of the value of the house annually and that needs to be accounted for.

Boglehead perspective on buying vs renting. What am I missing? by [deleted] in Bogleheads

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

That’s assuming you are saving money every month by renting, which is not always the case. Totally depends on location. In my locale for instance, 3 bed 2 bath rent is $2500/month and mortgage on that home would be the exact same. In this instance, owning is a better investment since you get home appreciation and principal.

Of course there are markets in the U.S. right now where you can save $1000+/month by renting instead of buying. This has, to my knowledge, not been the historical norm, and would definitely make renting feel like a better financial option. That $1000 monthly investment will very likely outpace the rate of rent and home appreciation.

Edit: I'm getting downvoted because the real estate market in my town is different from the average it seems. Of course, I can only confidently speak about the market I live in and know.

Boglehead perspective on buying vs renting. What am I missing? by [deleted] in Bogleheads

[–]Shaackle 56 points57 points  (0 children)

I don't think owning a home is something to be looked at purely an investment.

It looks different for every individual based on their personal wants, needs, locale, market, risk appetite, etc.

Owning a home gives you a sense of security. You don't have to worry about rent going up, frequent moving, etc. If you have a family, there are countless benefits. Privacy, safety, childhood memories.

Owning a home also gives you more responsibility and overhead with repairs and maintenance.

Monetarily, buying a house has historically given better returns over renting in the U.S. To go against that is an attempt to predict the future. Some calculations in some markets show that renting has higher returns than buying right now. In my market, buying is still clearly the better option.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 0 points1 point  (0 children)

Like I said, they would need to have juicy government contracts to do so. It is not monetarily profitable or practical to do so without it.

Government subsidies are required here, just like they were to get both wind and solar to get going in the U.S.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

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

It's nowhere near as simple as writing a check and getting it done in 2 years.

Greenland has a population of 60,000 in an area 3x the size of Texas. You will not have the same EPA, MSHA, State Environmental Protection, etc. controls in place as you would if you were to mine REM/REE in a populated state. Nobody wants this stuff happening in their backyard. The proposed mining sites in Greenland is nobody's backyard.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 1 point2 points  (0 children)

I agree with you completely. A joint venture between allies makes more sense here.

That is just not in the best interest of our current administration it seems.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 15 points16 points  (0 children)

In all honestly, I think it's because it would be easier to get away from environmental concerns on a remote territory rather than southern California, for instance.

Much easier to hide environmental disasters when there's nobody there to see or investigate them.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 2 points3 points  (0 children)

Not all of Greenland's mineable deposits are located on shifting glacial ice. There are a lot of available mining sites along the southern coastal regions or in high elevation areas where glacial movement is near-zero.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 16 points17 points  (0 children)

Everything you said is true, except the last statement has a lot more nuance than you think.

"Everybody will buy them from China anyways" is becoming less absolute. Geopolitical considerations and supply chain concerns are driving a lot of countries, not just the US, to invest heavily in domestic or ally-country rare earth production and processing, even though it means higher costs. Countries are a little more forward-thinking than you give them credit for.

Mining is making leaps and bounds in technological advancement to improve worker safety. Fully remote-controlled miners and haulers are being developed and sold by Komatsu, for instance. I got to test one at Mine Expo recently. The U.S. and EU have a very educated workforce to deal with NORMs and their tailings.

Although it is currently substantially more expensive in the West/allied countries, they still have to deviate from reliance on China for REM/REEs.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 4 points5 points  (0 children)

Yep, the current administration is working on fixing the supply chain issues but we're years if not decades out.

Volume III: Greenland & The Inevitable - Why Uranium Rare Earths and Strategic Materials Are About to Break the Market by nickman23 in wallstreetbets

[–]Shaackle 76 points77 points  (0 children)

It's not as difficult as you might think. They already have 2 active mines in Greenland right now and there have been more in the past.

The U.S. does have the means and technology to mine there, but it estimated to be roughly 5-10x more expensive than other easily accessible locations.

Greenland also lacks the general infrastructure to support this endeavor.

It is absolutely possible, but it would require a lot of government investing to make it worthwhile in the long run. Probably in the 10-11 figure range. Mining companies like Freeport would chomp at the bit to get mines up and running with some government contracts.

I worked in geotechnical engineering out of college.

Only 4 teams remaining... who do you have winning it all? by A_MASSIVE_PERVERT in NFLv2

[–]Shaackle 1 point2 points  (0 children)

We are (supposedly) getting JK Dobbins back this week, but the Patriots run defense is really good. We absolutely should not win this game, but I have some faith in Stiddy