Dumb AF? Yes, no argument. Reality? Sad but true.
16,621 karma · joined November 19, 2012
Dumb AF? Yes, no argument. Reality? Sad but true.
Who else is going to fix the roads? The county and state aren't going to, they don't own it. We seal the asphalt every 5-8 years and repave every 15-20 (I've only lived her 10 years, so those are very rough guesses).
And that $50k deposit made 9 years ago? That could have been nearly $300k in 2036.
"A fool and his money..."
I don't have any particular problem with a modest (a few 10s of thousands) deposit on a ~3 year timeline that's reasonably confident. But six figures on a 100% speculative consumer good (ie not even remotely an investment)? Oof, no thanks.
Building a wall of known size takes X bricks, Y windows, etc. Contractor 1 might have more markup or estimate different hours to complete the job vs contractor 2 but the parameters of the job are relatively fixed.
The dentist is seeing the same mouth (wall) and telling you there is vastly different numbers of cavities (bricks/windows). And not off by a small margin, but orders of magnitude.
The "problem" with China is they have a massive economy built on building to a price, no matter how low the price may be. They're perfectly capable of creating high-end electronics like iPhones and disposable crap that sells for pennies on Amazon or Ali.
There doesn't seem to be the same cohesive brand-building/reputation-buidling effort that we saw with Japanese and Korean companies in the 80s-00s+. Granted, Amazon/Ali didn't exist, and the market for "$1 junk" wasn't the same. No easy answers (if it's even a thing that needs solved).
This particularly brand (BTLOS) will come up on searches similar to "good Chinese carbon wheel brands" with reviews on FB, Reddit, etc.
And the cycling industry has had Chinese brands making inroads for a decade or more. So, Winspace, BTLOS, and a few others have come to be known entities (some do sell through AliExpress, some direct from their own site). And there's a niche group of product testers on YT or similar that review these things.
I assume there are analogous items in other hobbies, but I can't speak to any specific examples/brands.
None of that is a knock against Chinese goods. I bought a set of Chinese carbon bicycle wheels last year and they're great. But, I went straight to the source and didn't take chances with AliExpress or Amazon.
Even if the House and Senate flip, majorities will be slim enough to prevent anything major. Certainly unlikely we get any impeachment trials in the Senate, though I'd love to see Hegseth get tossed out.
In the US, even with a warning, you'd get regular home fires as people hooked one of these panels into every available outlet just because they can. I wish I were joking.
https://members.modernvespa.net/brian_herwick_-_coolass/uplo...
LOLWUT.
First, 2-5 million net worth is plenty to retire in the middle class and probably leave some wealth for your kids (or donate to a charity, whatever). And it's very achievable by an average white-collar professional. Easier yet if you're half of a couple. For most, it critical to save some early and regularly, but also increase the savings as you move into high-earning later career years.
But the jump from that to tens-of-millions is a literal order of magnitude more money and a figurative order of magnitude harder to achieve. You don't get there from any salary-based savings, even if you save well and get lucky on timing market swings over a 20-30 year career. It just doesn't happen for most professionals, even in management. Hell, I'd guess most C-suite don't get there either.
Even after years of browsing this forum, I'm still baffled by the financial bubble many y'all exist within.
I took the article’s “building wealth” more to mean “get to very comfy retirement and maybe pass a bit to family” not “find a 7 figure salary and save more then I can ever spend”
The messaging has usually been something like: "Annual subscription cancelled at the end of current period. Access ends on 12/31/2026" (even if today is 6/1/2026)
That's why the "cancellation fee" comment is weird to me - there's no need to message that way, since "pay the rest of the committed period" seems to be a common (and at least to me, very understandable) way to handle this.
Even with monthly services, I don't think I've ever had an immediate loss of access - it's there until the end of the billing cycle. As it should be, IMO. The only exception would be if I force-deleted my account as well as that's a very explicit "I'm done-done" signal to the service provider.
If I see: "Annual Subscription - $120/year, billed $10/month" I assume I'm paying $120 even if I cancel after 6 months.
But, if I cancel after 6 months, and the message to me is "$60 cancellation fee", I'm very confused - I thought I was paying the remaining $60 I owe them...? The amount may be the same but it's confusing nonetheless.
And yes, phone is sort of a black hole. If they note your satisfaction/lack thereof, you’ll be lucky. But you can schedule a live meeting (as I said I a sibling, for congress that’s going to be with a staffer unless you’re bringing a group and can convince them it’ll be worth their time).
Anyways, my point in all my posts in this discussion is we need to agree on definitions, because lobbying literally is making your case to the representative. The whole campaign fundraiser/PAC thing we have in the US is just legalized bribery. IMO.
That said, for single-person "I want to tell you about thing X", a staffer probably works just fine. That's why they're there.
For a local politician, who likely has much more impact on your day to day, this is all far easier. They're generally less busy, less travel, and more approachable. And, they're the ones setting real estate taxes, school policy, and other things that make places truly livable (or not).
If you mean they donated 50 million in dark money to a PAC, then we're agreed - that's bribery and should be included in anti-bribery laws. SCOTUS fucked up egregiously when they allowed unlimited dark money to flow into campaigns.
The problem is our (USA) definition of bribery is too permissive. We allow lobbyists to bribe politicians through massive fundraising dinners and donations to preferred causes (see Trump's current relationship with TechBro billionaires and Russian oligarchs).