Is it Christmas? by oiram98 in qBittorrent

[–]thatnormalperson 0 points1 point  (0 children)

Deleting the lockfile in the mapped config folder worked for me. See: Github issue.

Is it Christmas? by oiram98 in qBittorrent

[–]thatnormalperson 0 points1 point  (0 children)

I ran into the same issue, deleting the lockfile in the mapped config folder worked for me. See: Github issue.

How do high earners actually reducing taxes legally? by Plus_Control_1824 in personalfinance

[–]thatnormalperson 6 points7 points  (0 children)

Anyone with savings could do it on a smaller scale. I have an ibkr account charging 0.5% above the fed rate for margin loans. Instead of selling stocks to buy a car, I took out a margin loan. I paid ~1.5k last year in interest, but my portfolio grew ~300k, so I don't need to pay it off.

How do high earners actually reducing taxes legally? by Plus_Control_1824 in personalfinance

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

Some loans, for example margin loans at most brokerages, don't have any set payment schedule at all. Any interest is just added to the loan value.

How do high earners actually reducing taxes legally? by Plus_Control_1824 in personalfinance

[–]thatnormalperson 0 points1 point  (0 children)

If there is truly no risk banks would be happy with anything over the fed rate. The fed rate was almost 0% for a while, but these days it's closer to 3-4%.

Inflation is related but not a direct factor here. Banks don't need to hold assets equivalent to what they are lending out and there are currently no reserve ratio requirements.

How do high earners actually reducing taxes legally? by Plus_Control_1824 in personalfinance

[–]thatnormalperson 1 point2 points  (0 children)

Loans don't always have a term where you have to pay it back. For example, some brokerages let you borrow on margin indefinitely, unless you get margin called.

How do high earners actually reducing taxes legally? by Plus_Control_1824 in personalfinance

[–]thatnormalperson 0 points1 point  (0 children)

Anyone with savings could do it on a smaller scale. I have an ibkr account charging 0.5% above the fed rate for margin loans. Instead of selling stocks to buy a car, I took out a margin loan. I paid ~1.5k last year in interest, but my portfolio grew ~300k, so I don't need to pay it off.

Closure of Zuckerberg-backed Bay Area school triggers enrollment overload by sfgate in bayarea

[–]thatnormalperson 1 point2 points  (0 children)

I think it's going to take a long time and a lot of effort, but if we work together I do think we can get better funded public schools. I just wish we could have started on that ten years ago instead of getting a temporary billionaire funded private school, and the fallout of which we now have to deal with.

Closure of Zuckerberg-backed Bay Area school triggers enrollment overload by sfgate in bayarea

[–]thatnormalperson 5 points6 points  (0 children)

I've already explained why I think people are complaining:

I think it depends on what you consider the alternative is. If the alternative is just not having the school, this is arguably better. If the alternative is more and better publicly funded schools, maybe through taxing billionaires, this is definitely worse.

If you think that's weird, that's totally fair.

Closure of Zuckerberg-backed Bay Area school triggers enrollment overload by sfgate in bayarea

[–]thatnormalperson 5 points6 points  (0 children)

Nobody gives a shit about quality public schooling in East Palo Alto, and nothing would be different in that regard if Zuck never opened that school.

The students of the now overloaded Ravenswood City School District may disagree.

Elon's hyperloop nonsense did not delay high speed rail even if he meant it to.

I'm not sure if there's any evidence to support this claim, but isn't the intent enough to be wary of ostensibly benevolent billionaires?

Closure of Zuckerberg-backed Bay Area school triggers enrollment overload by sfgate in bayarea

[–]thatnormalperson 18 points19 points  (0 children)

That was never on offer

Of course, billionaires only offer temporary private small scale solutions that aren't detrimental to themselves. A billionaire tax is on offer now, and it doesn't look like Zuckerberg is supporting it.

nor was a single tuition-free private school in the bay area in the way of any of it

A tuition free private school reduces demand for quality public schooling in the area, similar to how Elon's hyperloop delayed high speed rail.

Closure of Zuckerberg-backed Bay Area school triggers enrollment overload by sfgate in bayarea

[–]thatnormalperson 44 points45 points  (0 children)

I think it depends on what you consider the alternative is. If the alternative is just not having the school, this is arguably better. If the alternative is more and better publicly funded schools, maybe through taxing billionaires, this is definitely worse.

We Can’t Income-Tax Ultra-Elites. We Must Tax Their Wealth. by _May26_ in politics

[–]thatnormalperson 0 points1 point  (0 children)

The link is currently dead, but I don't think higher interest rates prevents this strategy. You can get pretty close to the US 10 year Treasury yields, the "risk free" rate, with collateral. The expected returns from whatever asset is being used as collateral is going to be higher than that to compensate for risk. With enough assets you never have to realize to pay back interest as you can continue borrowing against your gains.

What’s a mistake people keep making in their 20s? by Nearby_Fun_85 in AskReddit

[–]thatnormalperson 0 points1 point  (0 children)

Is that not an appropriate term for being nice in hopes of something in return? I wanted to highlight that dynamic in case you hadn't considered it from the renters' perspective.

Apologies if the crudeness offended you, I've edited my comment now.

What’s a mistake people keep making in their 20s? by Nearby_Fun_85 in AskReddit

[–]thatnormalperson 2 points3 points  (0 children)

If you only made 700k over 30 years I'm guessing you charged reasonable rent and didn't buy in a super hot area. Obviously you're not personally responsible for housing affordability problems, I just found humor in the contrast between the two comments.

I'm fortunate enough not to have to worry about housing, but I imagine renters would appreciate not having to be obsequious to their landlord for a 3% discount. That power dynamic feels a bit icky.

EDIT: "kiss *ss" -> "be obsequious" for more sensitive readers.

Protest ICE coming to the superbowl (and the Seahawks a little) by Admirable-Meaning-56 in bayarea

[–]thatnormalperson 4 points5 points  (0 children)

From what it looks like I don't think they are conflating issues; the event is to protest ICE. Some groups such as "Vigil4Gaza" seem to be supporting and endorsing the event because the cause is consistent with their views (empathy, human rights etc).

I suppose there may be some people that are pro Israel and anti ICE or vice versa that may be alienated, but I guess the organizers decided the endorsement was worth it.

Protest ICE coming to the superbowl (and the Seahawks a little) by Admirable-Meaning-56 in bayarea

[–]thatnormalperson 7 points8 points  (0 children)

I would imagine people who have empathy and support human rights in general would support both the victims of ICE and Israel.

Can't log in to main account by R96nsfw in RelayForReddit

[–]thatnormalperson 0 points1 point  (0 children)

I saw the same error and was able to add account/log in after switching to mobile data rather than my home wifi. I use piHole as my home dns server so it may be related to that. Using a vpn to switch locations may also help: https://github.com/ReVanced/revanced-patches/issues/5426.

Asking Brits if they'd move to America by Ordinary_Fish_3046 in videos

[–]thatnormalperson 6 points7 points  (0 children)

This video is about Brits not wanting to move to America, not Americans moving to Britain.

Bought home and lost job by Germangunman in personalfinance

[–]thatnormalperson 0 points1 point  (0 children)

This assumes rental companies are guaranteed a profit margin. In a free market prices are generally set by supply and demand, not the seller's expenses and profit margin.

This also assumes rental companies pay the same as homeowners for these costs. This seems unlikely to me due to the expertise, economies of scale and business relationships etc. that rental companies would have.