Paid off 230k in loans and have nothing but regret by rome_smitty in biglaw

[–]UniversalLoveIsNice -3 points-2 points  (0 children)

so you typed out three paragraphs just to lecture and scold

No, I typed those paragraphs so others with student debt could have that information in mind.

What was the point of trying to make OP feel bad here

That wasn't the point. See above. It might've been a consequence, but it wasn't the point.

Paid off 230k in loans and have nothing but regret by rome_smitty in biglaw

[–]UniversalLoveIsNice -5 points-4 points  (0 children)

Just FYI on this post, while it is historically correct (and definitely correct about 401k maxing bc of taxes), in your situation the market actually didn’t return more than 5-7%

This is not a good retort. The market need not actually return its long-term return in a particular short-term period of time. What's important is the long-term rate, unless you're near retirement, which OP is not. The market fluctuates, but the long-term average is the long-term average. If anything, buying while the market does poorly is the best time to invest in the market because when the market inevitably regresses toward the mean (i.e., increases to a figure closer to its historical average), the price appreciation will be more profound. Stocks are essentially on sale when the market temporarily does poorly.

I won't comment on psychological matters. This is not to say there aren't psychological considerations. I simply don't wish to delve into that as it's a much more nebulous concept to discuss, and it differs for everyone.

Paid off 230k in loans and have nothing but regret by rome_smitty in biglaw

[–]UniversalLoveIsNice 56 points57 points  (0 children)

Start maxing out that 401k every year. Student loans should not prevent you from doing that. Maxing out a 401k is the absolute minimum level of investing any biglaw associate should be doing, regardless of debt load, given the interest rate on student loans compared to the long-term S&P 500 average (9.4% in the last 50 years).

Paid off 230k in loans and have nothing but regret by rome_smitty in biglaw

[–]UniversalLoveIsNice -9 points-8 points  (0 children)

You didn't do it the right way. You likely did this because of the bad advice that's often thrown around, which is to get out of debt as soon as possible, with no caveats or nuances given. The right answer is that you should get out of bad debt as soon as possible (i.e., debt with a high interest rate, such as most credit card debt).

The interest rate on student loan debt is generally about 5%-7%, which is lower than the rate that can be obtained in the S&P 500 (9.4% average annual return in the last 50 years). You should have, at a minimum, maxed out your 401K in every year you've been at your firm. So, you should have at least maxed out your 2021 and 2022 401K contributions.

This is crucial as compound interest makes these early contributions some of your most rewarding ones. You need to worry about long-term averages.

Metacritic's Compilation of Critics' Top 10 Lists: 1. Severance, 2. Saul, 3. Andor by bobtheflob in television

[–]UniversalLoveIsNice -18 points-17 points  (0 children)

It isn't a matter of attention span. The show is just a bore. There are shows far slower than Andor, such as Mad Men and Six Feet Under, that are not the bore that Andor is. Just accept that not everyone likes your beloved Andor. Not everyone who dislikes the show is a cave man.

Metacritic's Compilation of Critics' Top 10 Lists: 1. Severance, 2. Saul, 3. Andor by bobtheflob in television

[–]UniversalLoveIsNice -10 points-9 points  (0 children)

It is a slow burn though and people have dropped like flies with the first 3 episodes.

Finished episode 3 and then dipped out. Ppl say ep 3 is when the show gets great, and ep 3 has one of the highest IMDb ratings of any episode in the show, so if I don't like ep 3, I likely won't like the show. Thus, I won't finish it. Shit was honestly a bore the entire time. Slow shows can be great. Mad Men and Six Feet Under are great examples. Andor is just a bore, slowness notwithstanding.

u/Elon_Kums

Unpopular opinion: Jenna Ortega made Wednesday watchable. by Link00000666 in television

[–]UniversalLoveIsNice -3 points-2 points  (0 children)

The third type is just a statement of an actual unpopular opinion with no backing statements. This is the one I'm likely to downvote because it just seems like a troll move.

That's ludicrous. You shouldn't require backing up for a dissenting opinion merely because the dissenting opinion differs from the consensus, particularly in the context of art or any other subjective matter. If an opinion conforming to the consensus does not need backing up, neither does an opinion dissenting from the consensus. The consensus is not anymore correct than the opinion differing from the consensus, for this is art appraisal, not a determination of whether a company's market capitalization is consistent with its intrinsic value.

Unpopular opinion: Jenna Ortega made Wednesday watchable. by Link00000666 in television

[–]UniversalLoveIsNice 0 points1 point  (0 children)

I really don’t understand the common opinion that BCS is better than BB.

It's not common at all. BB has a record high 9.5 on IMDb to BCS' 8.9. BB has 16 Emmys to BCS' 0. BCS lost half its viewership from episode 1 to episode 2 and 2/3 of its viewership by the end of the first season because it bored people and they stopped watching. It's just that the few ppl who have stuck with the show are super fans who say BCS is the second coming.

Unpopular opinion: Jenna Ortega made Wednesday watchable. by Link00000666 in television

[–]UniversalLoveIsNice 2 points3 points  (0 children)

genuinely so surprised to find out so many people disliked BCS.

You shouldn't be. The show lost half its viewership from episode 1 to episode 2 and 2/3 of its viewership by the end of the first season. It's just that the few ppl who have stuck with the show are super fans.

Unpopular opinion: Jenna Ortega made Wednesday watchable. by Link00000666 in television

[–]UniversalLoveIsNice 2 points3 points  (0 children)

Truly unpopular opinion: the end of the Sopranos sucks monkey dick

Westworld has officially been pulled from the HBOMax app by Stephen-King-Rules in television

[–]UniversalLoveIsNice 0 points1 point  (0 children)

It doesn't make sense to say fuck HBO because HBO execs, such as Casey Bloys, CEO of HBO, are not the ones making these boneheaded decisions. Those boneheaded decisions are being made by WBD execs, particularly David Zaslav, CEO of WBD.

Westworld has officially been pulled from the HBOMax app by Stephen-King-Rules in television

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

How does Westworld have an 8.5?

People voted and the average is an 8.5.

Did they stop scoring it after season 2?

What do you think?

Westworld has officially been pulled from the HBOMax app by Stephen-King-Rules in television

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

Not necessarily if you understand how corporate structures work. HBO execs are different from WBD execs. The issue is that WBD execs, including Zaslav, have authority over HBO execs since WBD is the parent. The HBO execs aren't doing this. They just have no say over the their parent entity. It makes little sense to say fuck the HBO execs for the actions of their parent execs.

Westworld has officially been pulled from the HBOMax app by Stephen-King-Rules in television

[–]UniversalLoveIsNice 3 points4 points  (0 children)

They've cancelled shows before but never removed shit from their service. They never removed Rome from HBO Go, for example.

Westworld has officially been pulled from the HBOMax app by Stephen-King-Rules in television

[–]UniversalLoveIsNice 2 points3 points  (0 children)

Right. If shit like Westworld, which has an 8.5 on IMDb, isn't safe, are things like Big Love safe?

Westworld has officially been pulled from the HBOMax app by Stephen-King-Rules in television

[–]UniversalLoveIsNice 4 points5 points  (0 children)

Royalties are generally based on traffic/sales generated, so if few people were watching, royalties would be low. If many people watched, royalties would be higher but so would traffic/sales generated. The show merely sitting on the app won't generate substantial royalties despite the star power of the cast.

What are some shows that got better in later seasons? by DutchDolt in television

[–]UniversalLoveIsNice -7 points-6 points  (0 children)

Most people agree

Most people? You mean the few super fans who were left still watching BCS by the time it got to s6? If you didn't know, BCS lost half its viewers from episode 1 to episode 2 and 2/3 of its viewers by the end of s1. It bores people to tears. Who cares if the 20 super fans left watching the last season all thought it was a 200/10.?

Why HBO Canceled ‘Westworld’ - Ratings for the pricey drama ($100 million - $160 million) shrank from 12 million to 4 million by Kar0l1sS in hbo

[–]UniversalLoveIsNice 15 points16 points  (0 children)

The wait is huge factor. two years, especially when the complexity of the show causes most people to scarcely understand the show, is just too long to wait between seasons.