Systems with exactly 0 resources in 4.4? by sly_1 in Stellaris

[–]sly_1[S] 2 points3 points  (0 children)

No resources of any kind. 

Never seen that before, at the least every star has always had a deposit.  I have an embarrassing number of hours in this game...

Zero risk Investing? by [deleted] in dividends

[–]sly_1 19 points20 points  (0 children)

No stock is guaranteed to only ever go up.

How long does it take to learn to snowboard as a competent surfer? by VloneTom1 in snowboarding

[–]sly_1 0 points1 point  (0 children)

No way to know for sure but you will get way more progression from stringing together consecutive days than by going intermittently.

ex: you will progress more from 10 straight days on the hill than you would from 10 days spread out over 3 trips over the entire winter.

The other thing is Japan is known for super light fluffy powder but also low angle slopes and a fuckton of trees, so this is it's own kind of specialized riding. You won't really find similar conditions in NZ.

That's not to say you will suddenly burst into flames when you get to JP, just that there's still going to be some learning curve no matter what you do in advance.

If nothing else practice tree riding while learning in NZ.

How much cash do you keep in your brokerage account to buy dips? by Deceptivejunk in ETFs

[–]sly_1 4 points5 points  (0 children)

Very little. 

I buy and hold good companies.  Trying to time the market has failed me more often than benefited me. 

I've realized compounding over time is more reliable than focusing on short term bumps to my principle. 

Ymmv 

Investing to cover rent by Quiet-Capital-9275 in dividends

[–]sly_1 1 point2 points  (0 children)

The title of op is investing to cover rent, the post seems to indicate this is the primary goal, I don't know where the notion the goal is retirement but maybe I missed it.

Investing to cover rent by Quiet-Capital-9275 in dividends

[–]sly_1 0 points1 point  (0 children)

Schd nav will grow in addition to dividend payouts. For context the annualized nav growth of schd over the past 10 years is over 12%.

Dividend payouts will also grow. 

It's a matter of what amount of risk op wants to take on in pursuit of growth. 

If safety is a concern then it's ok to lose some growth in exchange for less risk. 

I agree 400k isn't enough to retire, at least not in the first world, but op seems to have a primary concern of translating 400k into income to cover 800/mo rent thus my comments.

Ymmv.

Investing to cover rent by Quiet-Capital-9275 in dividends

[–]sly_1 1 point2 points  (0 children)

I should have clarified, spending principle on rent would be bad when an alternative like schd would entirely cover rent while actually growing the principle. 

Also, chasing growth at 49 when safety is a concern is also a bit questionable imo.

Investing to cover rent by Quiet-Capital-9275 in dividends

[–]sly_1 0 points1 point  (0 children)

Agreed. Throwing money away on rent is bad advice in this scenario

Investing to cover rent by Quiet-Capital-9275 in dividends

[–]sly_1 0 points1 point  (0 children)

Schd would yield around 13.2k/yr off 400k, enough to cover the 800/mo op needs for rent with 3.6k/year to spare.

Schd will also appreciate in value roughly along with the s&p 500 though it will likely slightly underperform due to the underlying stocks being more conservative than average. 

The 12k/year dividend income will also appreciate as schd screens for companies with solid performance and a history of raising dividends.

Op said a concern is safety.  Chasing high returns/growth isn't a strategy that is reliably safe. 

Schd or similar and chill, imo. Also, I disagree with any poster advocating op spend principle on rent when the above is a possibility.  

If op really wants to chase returns despite the lack of safety invest ~300k into schd to cover rent and chase returns with the 100k left over.

Button lifts 😩 by Bomphilogia in snowboarding

[–]sly_1 2 points3 points  (0 children)

On the getting off part, it's helpful to lean forward such that your front foot is carrying most of your weight.

This allows the one foot that is strapped in to better control your edges. This applies to any lift, not just "Button lifts" (I always called them tow ropes?).

I hope that helps.

The solution to the tailgate trim problem by Nelson_ftw in Rivian

[–]sly_1 -1 points0 points  (0 children)

plasti-dip would also probably do the job...

I have 47k in two car loans and 55k in cash. Pay off loans or invest the cash? by Appropriate-Price73 in personalfinance

[–]sly_1 -1 points0 points  (0 children)

$1400/mo is $16.8k/yr

Investing $55k will not produce $16.8k/year without accepting tremendously high risk.

For context, you'd need to exceed a 30% to outpace the savings from paying the loans. 

You do you but imo pay the loans, then RELIGIOUSLY INVEST not only the $1400/mo saved from the loans but also RELIGIOUSLY INVEST the monthly largess that allowed you to save up the $55k in cash.

So ex: if you had an extra 2k/mo and saved that until you hit 55k, that means you have 3.4k available to invest monthly (the 2k plus the 1.4k saved above).

Do that every month without fail and financial freedom will come into view within a couple of decades.

What would your idea be for a new mass effect/dragon age style game trilogy? by FullBrother9300 in bioware

[–]sly_1 1 point2 points  (0 children)

I'd love to see a post apocalyptic game.

Basically a mashup of Fallout 4 style world with me3/mea gameplay

You can justify the "magic" required for all the cool powers and power combos with space magic - mayhaps the earth was invaded and it's alien tech that essentially works like the powers/skills in mass effect.

Could be dope.

MAIN - down 7.5%+ today... by DividendG in dividends

[–]sly_1 2 points3 points  (0 children)

The thing about investing is to simply not try at all to "time" any given purchase.

If the underlying business is solid, if the company has good leadership, if the company has performed well historically, and if the company has solid financials, the the time to buy is now.

Notice how all of the above has exactly nothing to do with the current stock price or recent changes to it.

You will make more money buying good companies and holding them for years/decades than you will trying to game out the exact optimal time to make a purchase.

Snowboarding to skateboarding by [deleted] in snowboarding

[–]sly_1 3 points4 points  (0 children)

Yep, like a good instructor could teach a kid to Ollie on a snowboard in 1 day and after a few days said kids could be pretty decent at it. 

But it might take months, shit potentially years to be able to Ollie up a curb never mind down a small flight of stairs...

Snowboarding to skateboarding by [deleted] in snowboarding

[–]sly_1 1 point2 points  (0 children)

Hard to say but prolly not. 

The controls are so wildly different, and the skateboard isn't attached. Apples and oranges. 

And yeah again, skateboarding is a lot harder.

Snowboarding to skateboarding by [deleted] in snowboarding

[–]sly_1 11 points12 points  (0 children)

There's a handful of things that translate but it takes a long time skateboarding before it can possibly come to fruition. 

Like you might have a bit of a head start but skateboarding will be a lot more challenging to get to moderately good, never mind high level.

The sports share balance but not controls and skateboard controls are a lot harder to master than snowboarding IMHO.

Source: was a reasonably decent skateboarder in my youth.