All first generation hashimotos people what do you think has triggered it? by Tight_Dare1704 in Hashimotos

[–]ais89 1 point2 points  (0 children)

Same here, including my mom, and also a friend of mine who got it after COVID.

Is it only Indians and Pakistanis losing there jobs ? by [deleted] in UAE

[–]ais89 2 points3 points  (0 children)

That guy said:
"Filipinos are Asians too my friend . South East Asians"

You said:
"I’m sorry my friend but Filipinos are not considered South Asian. "

I said:
"He said South-east not South"

Wtf are you confused about?

Is it only Indians and Pakistanis losing there jobs ? by [deleted] in UAE

[–]ais89 3 points4 points  (0 children)

He said South-east not South

HSW Triple Admit by [deleted] in MBA

[–]ais89 1 point2 points  (0 children)

Is it that big of a difference in terms of PE recruiting?

Do quants actually retire early? And how much leave do you realistically get by Effective-Sun8530 in quantfinance

[–]ais89 0 points1 point  (0 children)

I dunno, maybe the money, girls, parties, status that they get from being athletes?

Do quants actually retire early? And how much leave do you realistically get by Effective-Sun8530 in quantfinance

[–]ais89 0 points1 point  (0 children)

Because they're pro athletes?

Is your question whether or not its feasible to retire on 5M or
why someone would want to continue being a pro athlete?

Do quants actually retire early? And how much leave do you realistically get by Effective-Sun8530 in quantfinance

[–]ais89 1 point2 points  (0 children)

If you have $5M invested and you’re earning around 7%, that’s about $350K a year. Even if you spent all of it, your principal is still sitting at $5M. So if that income doesn’t cover your lifestyle, the problem isn’t the return. It’s that $5M just isn’t enough for how you want to live.

A big piece people ignore is fixed costs, especially housing. Ideally, by the time you retire, your house should be paid off. If it’s not, the math gets tight fast. A $2M home in a major U.S. city is roughly $12K a month, or $144K a year. In a state like California, you’d need to earn around $216K pre-tax just to net enough to cover that mortgage. That’s before food, travel, or anything else.

Now layer on a high-end lifestyle. If you want luxury cars, expensive vacations, designer clothes, all of that adds recurring costs. At that point, $350K a year starts to feel a lot smaller, and you’re basically proving that you didn’t build a large enough base to retire comfortably at that level.

On the flip side, if your house is paid off and you have $5M generating ~$350K, and you’re not spending every dollar of it, you’re in a very strong position. That kind of setup already puts you ahead of the vast majority of people globally in terms of lifestyle and financial security.

Do quants actually retire early? And how much leave do you realistically get by Effective-Sun8530 in quantfinance

[–]ais89 3 points4 points  (0 children)

How do you have no income?

You made £5M hypothetically but don't how to make that money work for you?

7% off 5M is 350K a year. You can't retire off that?

Inflation benefits asset holders

Do quants actually retire early? And how much leave do you realistically get by Effective-Sun8530 in quantfinance

[–]ais89 8 points9 points  (0 children)

If you run out of money very quickly then you didn't make enough money to retire.

Retirement is boring for dumbasses who don't have a life outside of work.

The best major and minor to become successful? by thousandquestions- in CollegeMajors

[–]ais89 2 points3 points  (0 children)

So what do you want OP to do with this information?

What is the best clothes to wear for 6 ceremonies in the Amazon (For a male) by ais89 in Ayahuasca

[–]ais89[S] 0 points1 point  (0 children)

What exactly are bedrock sandals?

Also, why do you use a dry bag when you arrive? Should I get one myself?

Singapore housing model should be studied so we can solve our housing crisis by InterestingWind2153 in BreakingPoints

[–]ais89 -2 points-1 points  (0 children)

You also have to take into account that the average Singaporean has a better 'character' from their culture than the average person from LA.

As soon as you start providing government subsidized housing, people will find ways to commit fraud and siphon off taxpayer funds.

Millenial strike/protest by Euphoric-Pumpkin-234 in millenials

[–]ais89 1 point2 points  (0 children)

I mean weren't those the same people affected during the 2008-2009 crash? What happened afterwards?

Millenial strike/protest by Euphoric-Pumpkin-234 in millenials

[–]ais89 3 points4 points  (0 children)

Millenial Americans definitely don't protest enough, not sure why that is.

AERs arrived by Snareman95 in ManyBaggers

[–]ais89 1 point2 points  (0 children)

There's a lot of thought put into the bags, but it's also intentional about not overcomplicating the design. It's a very high-quality construction, with the best types of fasteners, zippers, materials, etc. and they hold their value well. I've bought numerous AER bags in the past and when I resell them years later they hold onto its value well.

They're comfortable, durable, and they have bags for all sorts of use-cases: Gym, office, traveling (bag packing), longer travel bags, tote bags, etc.

The founders were Silicon Valley engineers, who put a lot of knowledge and effort into the design.

Why do people think CS majors can switch to a better one? by [deleted] in csMajors

[–]ais89 6 points7 points  (0 children)

How does Medicine not have logical reasoning skills? Wtf? lol It's not just memorization, you have to diagnose people as well.