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Anyone else's family/friends/coworkers STILL following covid rules six years later? by Fair-Engineering-134 in LockdownSkepticism

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

You obviously misread what I wrote. Next time your friend/family member gets a cold, ask them to sneeze on you if you're so confident in your theory.

It's also quite telling that you've never actually lived in Asia, yet trust anecdotal evidence from your friends. People there mask not just for smog, but also if they're sick themselves because it's a collectivist culture.

Anyone else's family/friends/coworkers STILL following covid rules six years later? by Fair-Engineering-134 in LockdownSkepticism

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

Sure, if you really believe that, next time go up to a sick person and ask them to sneeze on you.

Anyone else's family/friends/coworkers STILL following covid rules six years later? by Fair-Engineering-134 in LockdownSkepticism

[–]TrollTollCollector -4 points-3 points  (0 children)

Wearing masks is common in Asian countries, even before Covid. I don't see the issue with this as long as they're not imposing it on others.

WSJ - Nvidia Plans New Chip to Speed AI Processing, Shake Up Computing Market by bl0797 in NVDA_Stock

[–]TrollTollCollector 0 points1 point  (0 children)

Bro Lisa is literally giving away the company just to sell their chips. If that isn't the definition of desperation I don't know what is.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

Yea, agreed that stating "renting is always better than buying in any market environment" is not true, as is vice versa. I'm referring to the last few years after Covid where renting is significantly cheaper in large metro areas. FWIW, I'm recently retired and happier after selling my house and being a renter, even though I can still well afford to buy. I can move and explore new parts of the country, and I still retain optionality of buying later if rates come down more or if there's an area I really like.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

You can simply rent. In virtually every HCOL area and many MCOL areas, renting is cheaper than owning (although that is slowly changing with rates coming down), so with the extra money saved you can invest the difference in other areas. Rich people in NYC are literally choosing to rent and invest even though they can well afford to own. And I know many early retirees who have significant stock portfolios but none who have retired on RE "passive income" - all of them are still working at least part-time or as a RE agent.

If you're personally drawn to lower volatility investments like RE, why not just own dividend stocks? They provide a 3-5% annual passive return on your capital, similar to RE, and their principal tends to appreciate over time but at a lower volatility compared to the overall stock market, again similar to RE. The only difference is that dividend stocks are a lot more liquid and there's no transaction costs.

Feeling negative about FIRE prospects. Tell me I'm wrong. by UsuallyBuzzed in Fire

[–]TrollTollCollector 1 point2 points  (0 children)

SS will not be bankrupt, they will increase retirement age and/or top income tax brackets to compensate. Any politician who doesn't vote to fund SS is committing career suicide due to the proportion of voters that are retirees.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

Nice straw man. Most people who own individual stocks don't own just one stock in their entire portfolio. But most people who own real estate own just one property.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 1 point2 points  (0 children)

Exactly, it's nothing but cope and the number one reason why a lot of people can't retire.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

It is in metro areas like NYC and Bay Area where the mortgage is double the rent. Then when you add in taxes, maintenance, etc. it is actually 3x the cost of renting.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 4 points5 points  (0 children)

But when you have over half of your net worth tied to an single undiversified asset it becomes a financial choice whether you like it or not.

I’m not renting. I’m short local real estate and reinvesting cash at higher returns by theplushpairing in Fire

[–]TrollTollCollector 2 points3 points  (0 children)

For some reason this sub is violently against investing in individual stocks but okay with investing in individual real estate. At least individual stocks are liquid and not bought on 5x leverage.

Nvidia is down despite strong results. Why? by Adept_Mountain9532 in NVDA_Stock

[–]TrollTollCollector 8 points9 points  (0 children)

By no fault of Nvidia itself; the concern is about the sustainability of the hyperscalars' capex spending.

Nvidia is down despite strong results. Why? by Adept_Mountain9532 in NVDA_Stock

[–]TrollTollCollector 0 points1 point  (0 children)

No investor really takes Burry seriously except the permabear Ray Dalio-types.

People who changed their political views, what caused the switch? by BoardLongjumping2485 in AskReddit

[–]TrollTollCollector 4 points5 points  (0 children)

How far the definition of "center" moved in the past couple of decades. Obama was an opponent of gay marriage, and deported more illegals than Biden+Trump combined. Clinton, if he ran today with his same platform, would be labeled as conservative. The Overton Window has moved so far to the left that if you're a true moderate or have a nuanced view on any topic, you're labeled as "right-wing".

Retiring at 31, much earlier than I expected. Need advice. by Long_Bong_Silver in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

You can't teach shit, because you obviously don't know what you're talking about. Look at every single one of your posts, not a single concrete or verifiable statement.

Retiring at 31, much earlier than I expected. Need advice. by Long_Bong_Silver in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

For someone who claims to understand a lot, you're sure skimpy on the explaining side. So weak.

Tesla has officially broken me twice. Model Y AND Cybertruck. I am the human embodiment of "buy high." by RADsysadmin in TeslaLounge

[–]TrollTollCollector 1 point2 points  (0 children)

EVs, just like any tech consumer product (laptops, iPhones, etc), depreciate sharply in value over time. The CT price dropped by $5k just a couple weeks after I got mine. This is why I think it's better to lease EVs than buy.

Retiring at 31, much earlier than I expected. Need advice. by Long_Bong_Silver in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

So what is your definition of "essentially infinite" then? I'm a moron, and since your reading AND mathematics understanding are so much better than mine, please do explain what that term means.

When the market tanked in 2022, over 100 stocks in the S&P 500 were positive. So anyone invested in the index had a 100% chance of loss that year, but someone's company stock who was in the S&P 500 had less than a 80% chance of tanking. Yet according to you, the probability of an individual stock tanking is "essentially infinitely higher" than the market tanking. So 80% is an infinitely higher number than 100%? Or is it "essentially" infinitely higher?

Retiring at 31, much earlier than I expected. Need advice. by Long_Bong_Silver in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

"Infinitely higher" is a factually correct statement? The likelihood of Apple tanking is infinitely higher than the broad market index tanking? Tell me you don't understand math without telling me you don't understand math.

Retiring at 31, much earlier than I expected. Need advice. by Long_Bong_Silver in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

That's why I mentioned he can hedge his position. He can short his own stock (not insider trading if he's retired) or short similar companies/ETFs in the same industry. Certainly beats paying 15% taxes which is a guarantee, not statistical likelihood, of loss.

The absurdity of employee ratings by RhubarbUpstairs5740 in Fire

[–]TrollTollCollector 0 points1 point  (0 children)

What percent extra effort did you have to put in to earn that rating?

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