I have been to some nice places for seafood, but in my city there’s only red lobster if you need a crab fix. It does the job, but it’s getting pricey for what you get.
Supreme Court Justice Clarence Thomas, 75, sparked raised eyebrows over his whereabouts when he was absent during oral arguments on Monday, and the Court provided no explanation....
You’re mostly right here, except stocks are an asset you can take a loan against with a margin loan or a line of credit. I suggest if you are doing that it SHOULD count as realized gains because you absolutely can use such a loan to buy a house, a car, a yacht, an island in the South Pacific, or an aircraft carrier.
Well, if you take the current US “budget” as $4T per year, it’s a bit over $10B per day. So yeah it runs for more than a day.
Of course, this should be treated the same way as if you were to lose your job: you probably cut your expenses so as not to spend all your money in the first 2 weeks. Maybe the US would finally stop paying for tanks the army doesn’t want?
Yeah it’s taxed at a much lower rate. Short term capital gains is a real bitch. Long term isn’t so bad unless you’re liquidating a lot… Like enough to buy a house or car or something we are discussing now. Over 450k ish is taxed 20%, but you can get a margin loan for 3 to 12 percent AND it’s tax deductible lol.
Really, if you aren’t rich with stock you are getting F-ed in the A…
Sorry I guess then I don’t understand the distinction you’re making? It’s not as though stocks are not liquid (or that margin loans are not) or that stocks are all funny money. I suppose if the tax rate was so exorbitant that selling stock would tank the share prices these ultra wealthy folks are holding them I see your point. I don’t think these numbers are that high though.
I agree if you’re saying that the cash-out net worth of these people is lower than their market valuations, but I doubt that it’s so much lower that they are no longer ultra rich. Besides, stocks are still assets to borrow against which is how the game is played at that level, so while the number is “fake” it’s also kinda not.
Have you ever been wrong? If so, there’s no reason to consider to your comment because your input is irrelevant.
It is possible to be a good source of information that has come to the wrong conclusion using the best information provided. As long as you update your conclusions as more information becomes available, no harm no foul.
No that is not how expertise works. You cannot be an expert at everything: there’s not enough time for one and not everyone is even capable for two. In fact, most people are decidedly NOT capable of being experts about MOST things. If someone spends their life working in an area (not watching YouTube videos about it), their perspective in that area is BETTER and is more worthy of consideration. A consensus among experts prevents any one individual from taking advantage of a situation and is even more worthy of consideration.
Lol shut up I have two kids, a PhD and almost 20 years experience running a university research lab BEFORE my current job.
You don’t have to understand that low dose fluoride is good for your teeth for it to be true. You don’t have to understand that vaccines improve community health, or that getting enough movement throughout the day is good for heart health, or that eclipses don’t cause electromagnetic anomalies for those things to be true either.
Planning to trust yourself more then experts in a field is naive to the point of being delusional. Especially if you’re thinking you can go read a paper or two and “understand” it enough to be an intellectual peer of someone who actually invested years of time. No matter who you are, even if you’re Einstein reincarnated, you’re not that smart.
You don’t have to listen blindly to every person, but listening to the consensus of people who know more than you isn’t religion, it’s a heuristic for making better decisions.
It’s just another source of information. Treating that source as absolute truth without understanding it yourself is ignorant.
And thinking your cursory understanding of a subject from a few sources you picked is just as good as someone who DID study it is equal parts naive, arrogant, and stupid.
If more poeople had your perspective, I wouldn’t be constantly tempted to block this community. On my other account I did block after about 2 weeks. I have a bicycle, electric cars and work from home, but I can’t bicycle my 4 year old to swim lessons two nights a week 25 miles away. I have other kids and other time obligations you know? Doing the best I can, but it takes a car for now.
What science would change your mind? There’s never going to be a magical cutoff number for cholesterol or height or weight that separates healthy and not healthy.
Heuristics are useful tools and sometimes that’s the best you get. You need water to live, clogged arteries cause heart attacks, insulin resistance leads to diabetes. Exactly how much of any given thing causes bad outcomes is going to vary case by case, but doesn’t negate trends.
I say all this as a former wannabe body builder who hasn’t had a BMI under 25 in about 20 years, but I still know a BMI of 60 or 80 is no good.
Thx sorry I didn’t read all your comments in the post, I was using that question as a proxy to whether or not your discussion was in good faith. It seems like the answer is yes.
I frequently wonder how many better metrics are available that just aren’t as easy to capture as stepping on the scale, grabbing blood oxygen, and taking blood pressure. I’m sure that part of the balance is value of vitals versus time or effort to collect them.
I have been reading a lot lately about not wearing outside shoes in the house and it interests me even more because I’ve been saving to re-carpet my whole house. It hits me every now and then about how to do things though, like, say I’m cooking all day on Sunday then need to take the trash out. I’m assuming it’s change...
Doesn’t this defeat the point of taking your shoes off inside? If your concern is tracking in dirt or germs on your shoes, tracking them on your feet is arguably worse unless you’ve got foot wash stations at the doors.
Red Lobster considers bankruptcy to deal with leases and labour costs. (www.bloomberg.com)
Clarence Thomas missing Supreme Court hearing raises eyebrows (www.newsweek.com)
Supreme Court Justice Clarence Thomas, 75, sparked raised eyebrows over his whereabouts when he was absent during oral arguments on Monday, and the Court provided no explanation....
But how would they be able to live on that? (lemmy.world)
Finally, someone to take care of the three frogs in my yard! (lemmy.world)
As bans spread, fluoride in drinking water divides communities across the US (kffhealthnews.org)
…...
[Solved] Dust in the Wind - Kansas (iusearchlinux.fyi)
Solved by @MumboJumbo....
Scraping scraping scraping. (lemmy.world)
6 months review of the open-source Ploopy Headphones (youtu.be)
Mike Johnson and Donald Trump to promote bill to prevent non-citizens from voting (www.usatoday.com)
What song, when you listened to it for the first time, made you go: "This will be stuck in my head for the rest of the week."
For me it was this one: I Fought the Law
'My car is more convenient'
I’m getting a lot of ‘but my car is more convenient’ arguments lately, and I’m struggling to convey why that doesn’t make sense....
is this true (lemmy.world)
How does the day-to-day work of not wearing shoes in the house?
I have been reading a lot lately about not wearing outside shoes in the house and it interests me even more because I’ve been saving to re-carpet my whole house. It hits me every now and then about how to do things though, like, say I’m cooking all day on Sunday then need to take the trash out. I’m assuming it’s change...