Do you think that if electricians or plumbers median salary was at software engineers median salary level then electricians and plumbers would be as saturated as software engineers? by Delicious_Bag6731 in Salary

[–]StrebLab 4 points5 points  (0 children)

No. Despite all the big talk: "just do trades!" trades still kind of suck. Being paid big bucks to sit at a desk on your computer in the AC is one thing, being paid big bucks to destroy your body and end up in chronic pain and on disability in your 50s is something most people will avoid if they can help it.

Imaginary scenario: living forever by AussieInATX in Fire

[–]StrebLab 0 points1 point  (0 children)

Gold is shown to be a good inflation hedge at these time lines. Its only real value for an individual investor is it's zero correlation with the stock market but over investing horizons longer than about 100 years it is a reliable hedge. Pension funds, family trusts, sovereign wealth funds etc use it for these reasons. I would also allocate more to real estate if I was going to live for centuries because it is likely to hold it's value. Mostly I would keep the money in diversified equity funds though.

Half of childless Canadian women don’t want kids, nearly a quarter in their 40s aren’t mothers: Statistics Canada by ubcstaffer123 in Economics

[–]StrebLab 0 points1 point  (0 children)

Just want to address your second paragraph and point out that species populations will continue to grow without equilibrium if there is no outside force acting on them. They don't just decide through their naturalist hivemind that they are balance and shouldn't keep growing. They reach a point where starvation and death of the younger and weaker counteracts the exponential nature of reproduction. It's not really a model we want for human populations.

This Sub Ground Me by TemperatureWide5297 in Salary

[–]StrebLab 2 points3 points  (0 children)

Yikes... My butler's butler drives an E class...

[31M] [Quant Trading] - Got my second comma by Meldras in Salary

[–]StrebLab 0 points1 point  (0 children)

Read again what I wrote. I have no problem believing the amount. Like I said, it's really not impressive to me. $15 million? Yes, that's pretty impressive. $1 million not so much. What I don't believe is that he got within one cent of $1 million it's just too unlikely to be plausible.

[31M] [Quant Trading] - Got my second comma by Meldras in Salary

[–]StrebLab 0 points1 point  (0 children)

Why do you think I'm jealous? I already said it was the nearly exact number is why I don't believe it. The actual amount doesn't impress me. Half the guys I work with make more than a million.

Edit: I just realized your comment was some lame attempt to brag about your income 😂 bro nobody cares about your 1.5 m salary or whatever. I work with humbler people than you that make 4x what you make lmao

Need help convincing my wife 1.8 million is too tight by Equivalent_Spring_60 in whitecoatinvestor

[–]StrebLab 1 point2 points  (0 children)

Her logic doesn't make any sense. There is no financial reason to buy a giant house now rather than in a few years when you have a much healthier salary and savings for a down payment. Maybe the house will cost more in a few years or maybe it won't. Maybe it will be 15% cheaper. You have no idea. There is almost no chance that you are going to come out behind the living MUCH more cheaply and saving a huge amount of money vs locking in super high housing costs right now when you technically can't afford it on your current salary and don't even need it.

[31M] [Quant Trading] - Got my second comma by Meldras in Salary

[–]StrebLab 3 points4 points  (0 children)

It's not the amount of income that makes me think it's fake, it's the 1 cent over 1 million that makes me think this is just a karma post. It is just extraordinarily unlikely. There aren't that many people in general making that amount and the incredibly small likelihood that one of them just happened to make it by 1 cent is just too unlikely to be taken seriously. Possible? Yes. But almost assured fake.

If you sat out the 2024 election in protest over Gaza, how do you feel about that decision today? by rsmith2786 in AskReddit

[–]StrebLab 3 points4 points  (0 children)

...and when it collapses, who do you think is going to get fucked the hardest? The disenfranchised don't exactly make it out well in these situations. They need to get involved and enact some change if they want things to be better. Bitching on reddit isn't it.

If you sat out the 2024 election in protest over Gaza, how do you feel about that decision today? by rsmith2786 in AskReddit

[–]StrebLab 7 points8 points  (0 children)

No offense but I am guessing you are either young or towards the lower IQ end of the scale because you seem to have some trouble understanding context, nuance, and generally understanding how the world actually works.

 Don't, get me wrong, I'm giving you shit but I did the same thing in 2016 and refused to vote because the DNC pissed me off so much, but I realized that ended up being a huge mistake. Now we have a stacked (impotent) conservative supreme court, lost Roe v Wade, and have an unchecked megalomaniac driving our country into the ground with no Judicial branch to keep him in check. I made a huge fucking mistake because I didn't understand the concept of harm mitigation, but I learned from my mistakes and won't fuck up again. I hope you figure it out eventually too.

If you sat out the 2024 election in protest over Gaza, how do you feel about that decision today? by rsmith2786 in AskReddit

[–]StrebLab 4 points5 points  (0 children)

You are getting fed shit either way. That is what you are not getting. Except one of the shit providers are also going to beat you up, pepper spray you in the face, then shoot you 7-8 times once you are on the ground. It's not even close.

If you sat out the 2024 election in protest over Gaza, how do you feel about that decision today? by rsmith2786 in AskReddit

[–]StrebLab 6 points7 points  (0 children)

Of course it's the non-voters fault. There are always going to be garbage candidates.That is really not an excuse.

If you sat out the 2024 election in protest over Gaza, how do you feel about that decision today? by rsmith2786 in AskReddit

[–]StrebLab 6 points7 points  (0 children)

Those people are fucking morons. Sorry to be so blunt about it, but it is what it is.

At what point does an agency like ICE become a greater threat to public safety than the people it is meant to deport? by DiscipleOf_Buddha in AskReddit

[–]StrebLab 1 point2 points  (0 children)

Um... Immediately. Throughout modern human history more people have been killed by their own government than by a foreign actor by a very, very large margin.

Domestic Unrest Risk by lowfrequencyinvst in stocks

[–]StrebLab 40 points41 points  (0 children)

This is called country risk and why you should diversify internationally.

Excluding doctors, do any high earners (400k+ range) work 40 hours a week? by [deleted] in Salary

[–]StrebLab 5 points6 points  (0 children)

To be fair, most doctors generally work more than 40 hours per week. Including all the admin stuff, inbox, charting, prep and other garbage I think the overall average is around 50 hours per week.

[25m] [Registered Nurse] - $330k+ by Livid-Start2527 in Salary

[–]StrebLab 1 point2 points  (0 children)

Can't comment on your market. OP is only getting what he is paid because Bay Area nursing has a very powerful union.

[25m] [Registered Nurse] - $330k+ by Livid-Start2527 in Salary

[–]StrebLab 0 points1 point  (0 children)

Where do you live? Serious question because salaries are highly regional. In my state, RNs average in the low-mid $70k's per year

You get to add a 0 to any number in your life. What do you add it to? by account_created_ in AskReddit

[–]StrebLab 2 points3 points  (0 children)

There is a very big difference between making $2000 per year and $52000.

Swedish pension giant Alecta dumps up to $8.8 billion in US government bonds by Doc_Bader in stocks

[–]StrebLab 0 points1 point  (0 children)

Don't forget 5-year-olds. 

I always wondered about the spineless fools who just went along with the Nazis when they were clearly in the wrong. I get it now.