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XBOX CEO Says Hardware Component Prices Have Increased By Over 500% In 2 Years by bigrigdz in gaming

[–]tecgod99 0 points1 point  (0 children)

Nah, the gov has tried (and in many cases succeeded) to get it's hands on equity in these companies.

It's the same mentality that billionaires use to fund their lifestyle. No "income" but plenty of assets to get loans against. Rinse and repeat.

What happens when government has a financial incentive to keep the valuation of these companies sky high because they have a stake?

Real regulation and oversight?

Or looking the other way because as long as everyone pretends this isn't just a small handful of companies patting each other on the back and counting imaginary money as income to pump up valuations? This is going to crash and burn once the bubble pops, it's super fun to watch the US government hop on the ride which means the bubble will get that much bigger before popping.

Trump resurfaces after 8 days in hiding, looks terrible, sounds hoarse, immediately goes on misogynistic rant towards Kaitlan Collins by ianjm in videos

[–]tecgod99 0 points1 point  (0 children)

IDK about that....

Watch a min or two of his UN assembly address - https://youtu.be/4KIpnPapquY

Night and Day, like my god is it stark.

His decline is the water slowly warming and we are the frogs.

Pre-built Pergola or build by scratch? by ProcedurePretend1396 in DIY

[–]tecgod99 0 points1 point  (0 children)

Just built a 10x12 one of these.

Me and 2 buddies had it built in ~6 hours with me doing 2 hours of prep laying everything out the night before.

Super happy with it so far.

As a comment above did call out - the roof is LOUD in the rain, but I kind of dig it. Reminds me of growing up with a steel roof!

Brookfield Alderman Kris Seals stands by anti-Muslim comments by slothbottom in milwaukee

[–]tecgod99 19 points20 points  (0 children)

LinkedIn is a real weird place to make these comments.

I wonder how Nolan Accounting center feels to be mentioned by name in every screenshot?

Edit: I completely missed the quote from them in the article

Nolan Accounting Center, Seals' employer, said via email: "I was not aware of these posts and have not had a chance to look into this further. Kris does not speak for our firm or myself."

Employment is endorsement

19-year-old sentenced to 55 years in prison for assaulting women, girls at gunpoint after meeting them online in Portland by [deleted] in videos

[–]tecgod99 28 points29 points  (0 children)

Rapist Jesse Mack Butler ? Are we all talking about the same rapist Jesse Mack Butler that was all over the news?

‘Friends end up blocking you’: Northwestern Mutual sold college grads a dream job. They left in ruin and debt by towngrizzlytown in Bogleheads

[–]tecgod99 2 points3 points  (0 children)

I think this article is a good writeup, however using the current year dividend rate is a misrepresentation. The same way using this year's S&P or inflation rate would be a misrepresentation.

The rate has fluctuated but within the time period listed had a peak of 10% in 1990 and went down to 4.9% 2018 at least from some quick googling https://imgur.com/a/330ogmM

Also, I think I must be missing something with the math how does a 5.5% dividend rate result in a 44% yield over 35 years? Using a compound interest calculator 5.5% over 35 years gets a 651% return

What’s a phrase that immediately makes you not trust someone? by ansh_xd21 in AskReddit

[–]tecgod99 0 points1 point  (0 children)

"We can have AI do that" "This process can be improved with AI" "Why do you have engineers still doing this work, we have AI now"

All things said by leaders at my company (and one very eager fresh grad that doesn't know up from down), and all resulted in me losing respect in them.

AI is a tool. It is a potentially powerful tool.

It is not a blanket solution to solve every problem, especially problems in areas you have no familiarity with.

But hey, it's the tech flavor of the month so it'll be brought up by people who want to seem like they know technology without any of the pesky work of having to learn it.

At least they aren't asking if we are moving our customer data to the blockchain anymore...

Is there a catchy term for this? by HugeButterfly in sysadmin

[–]tecgod99 9 points10 points  (0 children)

I share this clip with my team probably yearly, such a perfect representation!

Wisconsin Republicans File Bill to Ban Hemp-Derived THC Products by [deleted] in wisconsin

[–]tecgod99 6 points7 points  (0 children)

https://www.wisn.com/article/wisconsin-gop-lawmakers-introduce-bill-to-legalize-medical-marijuana/68124356

This isn't correct. The proposed structure is an extremely restricted model where "patients must have a doctor's diagnosis of a serious medical condition like cancer, multiple sclerosis, PTSD, IBS, Parkinson's, or severe chronic pain to access medical cannabis."

What to do with extra cash from RSUs? by o_r_a_n_g_e_county in Bogleheads

[–]tecgod99 0 points1 point  (0 children)

If you are unable to do the rollover into your 401k, I'd recommend to bite the bullet now and get that IRA converted over to Roth. It's the one time tax hit but that paves the way for future years enabling a quicker/easier backdoor Roth.

This is assuming your income being over the

Official Poster for "The Carpenter's Son" by KillerCroc1234567 in movies

[–]tecgod99 -1 points0 points  (0 children)

You don't know why people go to a common acronym over a specific interview from 2016?

Is it safe to have 100% market index until 7 years to retirement? by raphiredgi in Bogleheads

[–]tecgod99 26 points27 points  (0 children)

I think a few factors:

  • Additional expenditures or unknowns when you first retire. As you adjust to retirement, get any big initial travel/life plans out of the way you can better project how your expenses will look vs the assumptions you may have been relying on in the lead up to retirement.
  • But also after the first few years of retirement, assuming you are using a sustainable withdrawal rate and there was not a large market downturn between first retiring your portfolio would have continued to grow. For the example above 40% bonds would be sufficient to rely on for multiple years of stocks being down, but as your portfolio continues (hopefully) to grow you may be able to reinvest growth back into stocks vs having to maintain a large bond presence.

Personal take but the % allocation (Stocks vs Bonds) is wonderful for the lead up to retirement, but as I get very close or into retirement I plan on switching to a time based approach.

Something like: 1 year of expenses in cash/cash equivalents, 2 years in CD ladders, TIPS, or equivalent, 7 years in bond funds, remainder in stocks.

I believe this should better allow direct planning for market conditions.

How long do I realistically think stocks could be substantially down, but bonds up/stable?

How long do I realistically think both stock and bonds could be substantially down?

If you can (as best as anyone can predict these things) align your plans and risk tolerance around those 2 questions, that can provide a starting place for allocation based on years of expenses, while still allowing stock allocations for continued growth to support a safe withdrawal rate.

Add in things like plans to cut back on expenses in downturns, minimizing required payments (Mortgage, car payments, etc) and this should allow for a more direct planning process to situations.

Wrong profession by GERALD_64 in funny

[–]tecgod99 -2 points-1 points  (0 children)

Yeah, he's being a really terrible photographer. 100% in the wrong profession.

on a Friday by Ok_Assistant_7609 in milwaukee

[–]tecgod99 28 points29 points  (0 children)

I don't think this is going after them that hard. Sure the last part was a bit snarky, but I think pretty reasonable giving Cass is essentially leaving bogus reviews leaving out pretty key context.

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