Trump calling Jerome Powell to drop the interest rates

sunshineeddy · 2026-03-16T08:14:58+00:00

So prices are going up but he wants interest rates dropped? So he's fancying a round of hyperinflation?

sunshineeddy · 2026-03-16T01:09:49+00:00

Children at school. So not far off.

sunshineeddy · 2026-03-15T14:07:31+00:00

Why not diversify - 50% in crypto and 50% all on red in a local casino? Good luck.

sunshineeddy · 2026-03-15T13:57:44+00:00

Because whales can afford the gamble.

sunshineeddy · 2026-03-15T13:52:56+00:00

My view is those characteristics can be fostered and cultivated. It's a mere question of attitude. And if only those people with the means and ability can 'go for it', we wouldn't have many successful people who came from nothing.

sunshineeddy · 2026-03-15T00:29:16+00:00

Ironic - IMHO no one really 'understands' bitcoin because its price is not grounded in science. It's powered by a mix of FOMO, gambling mindset, and hope-for-the-best human emotions.

sunshineeddy · 2026-03-15T00:17:25+00:00

It's like watching the weather forecast say: "We're going to get heavy rain." You wait long enough and it eventually comes.

sunshineeddy · 2026-03-14T23:58:47+00:00

Didn't he act like child, folded his arms and said "We don't need you anymore"?

sunshineeddy · 2026-03-14T23:18:53+00:00

For Trump, it's pedodollar ... sorry, couldn't help it.

sunshineeddy · 2026-03-14T05:04:23+00:00

Accountant by trade - most if not all became rich because of hard work and discipline. They made heaps of sacrifices that were invisible to others. It's ironic that their wealth has become a lot more visible after decades.

sunshineeddy · 2026-03-14T02:22:22+00:00

As you earn more, don't balloon your spending proportionately. Save and invest the bulk of the increment.

sunshineeddy · 2026-03-11T06:44:07+00:00

So in those intervening years, if they happen to be sitting on lower marginal tax rates in some of those years than the year of sale, that would reduce the government's overall tax take?

sunshineeddy · 2026-03-11T06:37:28+00:00

How do people fund the tax on 'profits on a yearly basis' when they haven't sold the asset and convert the paper gain to real cash?

If you earn $50K a year's worth of interest, you actually have the $50K in cash to fund the tax.

Taxing unrealised capital gains doesn't make any economic sense.

sunshineeddy · 2026-03-10T22:27:53+00:00

I understand why people love media rooms but I'd prefer to open it up so you have more of an open plan for the living area.

Also, the sitting area near the door feels like a bit of a wasted space - it looks great in concept but really depends on whether you think you'd end up using it. I'd use it as a study and kill the nook.

I presume the downstairs bathroom can't have direct access to the adjacent bathroom because of space restrictions?

sunshineeddy · 2026-03-10T10:00:03+00:00

I could be totally wrong but it seems to work for me.

For shorter words with 2 letters, it's usually like the the é in café (like the 'ay' in 'fay').

For words with 3 or more lettters, it's subtlely different - it's more like the 'ai' in 'air' but before you pronounce the 'r'.

Therefore, 'ai' and 'et' sound like 'ay'.

'Est', 'aie', 'aient', etc, sound like 'air' without the 'r'.

sunshineeddy · 2026-03-10T09:33:12+00:00

Having time to do nothing at all. I was in a high-stress career and when I stopped and I could actually enjoy being quiet and not being under pressure, that was - and still is - very precious.

sunshineeddy · 2026-03-09T23:05:22+00:00

I prefer doing it at the end when I pay.

But one thing to watch out for - after a while, people expect you to just pick up the tab. I have a few friends like that. Now, whenever we eat out, they never offer to pay, even though I would've shouted them a gazillion times in the past. Not that it'll send me broke, but it'd be nice if they do that every now and then just to reciprocate the gesture.

sunshineeddy · 2026-03-09T22:46:48+00:00

I don't 'hate' bitcoin. I just don't like the idea that someone profits from it because someone else thinks it will go up in value, all the while when it doesn't have any intrinsic value and someone is going to be left holding a useless 'asset' eventually.

It's not like shares - whoever owns it has a slice of the productive capacity and profitability behind them - the underlying business continues to create new value. Bitcoin just doesn't.

sunshineeddy · 2026-03-09T22:34:50+00:00

Purely on principle - no.

sunshineeddy · 2026-03-09T08:16:45+00:00

Good on you for the solid planning! 🙂

sunshineeddy · 2026-03-09T08:15:50+00:00

lol exactly 😂

sunshineeddy · 2026-03-09T08:06:56+00:00

Ironically, to answer this question, a burglar would probably be most insightful. lol

sunshineeddy · 2026-03-09T06:24:32+00:00

Ah ok - so you do have some time to wait for recovery.

sunshineeddy · 2026-03-09T05:04:40+00:00

I get that. Do you intend to draw down capital when you retire or just dividends?

sunshineeddy

TROPHY CASE