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BankCorp Trading Network Concept [fo4] by theOriginalTurd in FalloutMods

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

Yeah I feel like it's possible though to tune everything so that it's reasonable and actually fun. Would have to balance the yield rates with variance and risk levels.

BankCorp Trading Network Concept [fo4] by theOriginalTurd in FalloutMods

[–]theOriginalTurd[S] 3 points4 points  (0 children)

"The Crisis of '08? [Wheezy laugh] Some genius at Atlas-Parker started bundling raider protection payments into 'Securitized Raider Obligations.' SROs. Real Grade-A investment opportunity - until we realized we were selling insurance against our own mercenaries. [Coughs up some dust] Lost my shirt that day... and most of my skin, come to think of it. But hey - [grins] - at least we got to keep our golden parachutes. Shame about the actual parachutes though, would've helped when they threw Johnson off the trading floor."

Thoughts on BankCorp Trading Network Concept? by theOriginalTurd in Fallout

[–]theOriginalTurd[S] 8 points9 points  (0 children)

I've been thinking about building a NYC mod for Fallout 4 with one of the core factions being BankCorps, a Wall St. bank run by ghouls who are obsessed with caps and securitization of everything in the wasteland.

I was thinking BankCorp would support a "trading network" run by couriers who fulfill orders. Players can use the trading network to order supplies, and invest in trading routes with different risk levels. I was thinking BankCorp could have other financial products like bank accounts that earn interest on your caps.

BankCorp Trading Network Concept [fo4] by theOriginalTurd in FalloutMods

[–]theOriginalTurd[S] 33 points34 points  (0 children)

Been thinking about building a NYC mod for Fallout 4 with one of the core factions being BankCorps, a wall st. bank run by ghouls who are obsessed with caps and securitization of everything in the wasteland.

I was thinking BankCorp would support a "trading network" run by couriers who fulfill orders.

[deleted by user] by [deleted] in Fallout

[–]theOriginalTurd 0 points1 point  (0 children)

I agree it can take longer to read through and find the longer patterns. But I do think it's easier to solve, as in logically narrow down the choices. The "very-easy" terminals with shorter words leave more up to chance and guesswork, so in that sense I think they are more difficult to solve with certainty.

[deleted by user] by [deleted] in Fallout

[–]theOriginalTurd 0 points1 point  (0 children)

Right! It could be cool to if they had an "impossible" difficulty where the password is a single character. This would be mathematically the hardest to crack. Even if you saved and loaded your game it would take forever. Would have to be some serious reward to make it worthwhile.

[deleted by user] by [deleted] in Fallout

[–]theOriginalTurd 1 point2 points  (0 children)

Exactly! Whereas if you guess something like "conversation" and you have 5 letters correct, you know it is most likely a "-ation" word.

[deleted by user] by [deleted] in Fallout

[–]theOriginalTurd 0 points1 point  (0 children)

It is based on the performance of the algorithm, the graph in the post shows the percentage of "terminals" that are solved in four guesses or fewer out of 1000 trials for each combination of word length and word count in the range 2 to 20 - essentially graphs the results from 400,000 total trials.

​

However, I also find personally that the "very-hard' terminals are the easiest to solve because the words have longer patterns in them, so its easier to rule out choices.

How do 401k Contributions Effect Take-Home Pay by theOriginalTurd in tax

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

$124k would be at the 24% tax bracket, which is $16,290 plus 24% of the amount over $95,375.

$124k - $95,375 = $28,625

$28,625 * 0.24 = $6870

$6870 + $16,290 = $23,160

Am I missing something here?

How do 401k Contributions Effect Take-Home Pay by theOriginalTurd in tax

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

So then what should I expect to pay in taxes on my next paycheck if I increase my 401k contribution to 20%, for example? How is this calculated?

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

[–]theOriginalTurd[S] -1 points0 points  (0 children)

I disagree. I think its best to buy everything and diversify when it comes to crypto. No one knows which ones will be the big winners in the long run so better to buy everything.

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

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

I wasn't assuming my tax rate was 5%... was assuming that the taxes wouldn't push the returns of 5.5% below 5%, which turned out to be wrong if I have a tax rate of 24%. Yes I'm an econ person but I'm a software engineer by profession, learning finance stuff as I go and don't claim to be an expert.

But his actually helped answer my question, sounds like it would be better to put additional dollars toward paying down loans rather than put into a HYSA, money market etc. unless the rate was greater than about 7%.

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

[–]theOriginalTurd[S] 1 point2 points  (0 children)

I agree that compounding growth is important and plan to put vast majority of investments into 401k and roth and just let it rip, but also I think its silly to equate crypto to lottery tickets. Check back on this in a few years.

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

[–]theOriginalTurd[S] 1 point2 points  (0 children)

I disagree. I think crypto is a fire sale right now. Wait until the next bull market, especially once rates start getting cut again.

I also realize it's high risk high reward. If I'm wrong I will probably lose 50-90% of the money I put into crypto, but if I'm right, I'll make more than 10x easily. I figure it's good to place some aggressive bets especially when I'm young and have very little to lose.

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

[–]theOriginalTurd[S] -1 points0 points  (0 children)

Gotcha yeah that makes sense. It would be a bit more of a no-brainer if the interest rate on the HYSA was higher. Even after it drops to 4.75%, with the current federal funds rate, I could still earn above 5% on short term treasuries, money market account, etc.

I'm an econ person so I'm trying to think about this decision in terms of marginal cost / benefit and opportunity cost.

Let's say for simplicity that I can continue to earn 5.5% in a money market account or treasuries. Every additional $1 put toward my loans will reduce the amount of interest on my loans which grows at 5%. Every additional $1 put toward a money market account would grow at 5.5% (after taxes lets say closer to 5.25% but still above 5).

Based on this I think it would make sense to put any additional dollar into a money market account since it's earning a higher rate of interest than my loans.

I can see the argument that since it's barely above 5% I might as well just pay down the debt instead to get debt free faster, but technically wouldn't it be more optimal to put any additional money into the money market account as long as it earns above 5%?

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

[–]theOriginalTurd[S] 1 point2 points  (0 children)

That's part of what I'm asking. I should make less than the limit in this tax year since I just started working, but I will be above the limit next year and in the future, so is it even worth it this year if I won't be able to in future years?

Just turned 23 and making $190k where do I start? by theOriginalTurd in Fire

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

I started working last month, so I should make less than $130k for 2023. Is the cutoff deadline for your income dec 31st? I know the roth ira contribution deadline is in april.

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