If the goal is to have your portfolio on autopilot with index funds, Fidelity’s zero-cost FZROX, FZIPX, FBILX and FZILX are only available through Fidelity itself.
125,988 karma · joined July 3, 2007
<title>L.A. basic income program to give young adults $1,000 a month - Los Angeles Times</title>
Great book on the subject is https://en.wikipedia.org/wiki/Why_Nations_Fail It explores precisely this phenomenon - why certain places that have geographic proximity (Dominican Republic and Haiti, Nogales AZ and Nogales Sonora) drifted so far away from one another economically, why some places with vast natural resources (Nigeria) are undesirable while some other countries with limited natural resources (Japan, Singapore) are economic successes.
E.g., there's likely high demand for USDT to move money out of Russia, given the currency control and Visa/MC restrictions. But if you're currently in Russia sitting on a massive pile of USDT, you probably don't want a massive ruble exposure either, and hodl'ing that USDT seems like a fairly solid strategy for the time-being?
Most likely the sentiment is about app. A Web site doesn’t send notifications to drag you back in.
Switching from app to a web site exclusively on desktop would probably go a long way for many.
We should not confuse the technology with the use case. Once you are the standard-bearer on technology, any future use case is something you can easily piggyback and dominate.
E.g. early versions of iPhone did not support NFC payments, while some competitor models did. Nevertheless, Apple Pay is fairly dominant.
If you ate ice cream every day, then very soon your taste buds would grow accustomed to it, craving newer flavors. If you ate ice cream twice a year, you would experience a major taste sensation.
The purpose of abstinence is to keep those sensation events (and the joy derived from them) at high level.
Not necessarily. For anyone who's been working at FAANG and amassed certain amount of financial independence, the advice generally ran along the following scenario:
1) Secure a pledged-asset loan against your stock portfolio. That reduces the need to sell anything and trigger capital gains.
2) Shop around for real estate and submit a cash based offer to signal that you can close quickly.
3) Finalize the transaction.
4) Shop around cashout refi loans with fixed rates. Refi. Cashout. Repay the asset-backed loan.
If those 30% who are cash buyers kept their cash locked up in their houses, you wouldn't see household mortgage debt (that includes refi) skyrocket https://www.emarketer.com/newsroom/index.php/us-mortgage-deb...
I mean, sure, but
1) Warby Parker glasses are generally cheaper than equivalent Prada frames. They might be more expensive than their online competition (Zenni, GlassesUSA), but the price advantage is unbeatable compared to optometrist's display case.
2) Harry's handles and razors are cheaper than equivalent Gilette's. Both brand now have online and offline presence (Harry's started exclusively online), but once again, it was hard to pass up on the price alone.
Narrowing down the USPS debate to "operate" vs "not operate" is a false dichotomy. For example, how critical is 6-day delivery schedule to the least populated areas? Would a 5-day schedule work out reasonably well?
I don't really have a horse in this game, but what's the playbook now for the scenario when the pension fund under-performs, and USPS is on the hook to make up the difference?
Around April someone’s accountant dad taught us to fill in 1040EZ. A manager of a local bank branch explained how CDs worked.
For something taught once a week a semester seemed like the right amount, but it was definitely low-key low-intensity class.
a) borrow as much as you can load up on short positions to benefit from subsequent crash (e.g., Michael Burry, John Paulson)
or
b) write a Business Insider article?
Some shows worked better with entire season released at once, some didn’t. Streaming services will probably dabble with both.
From infrastructure perspective, rather than chase millions of consumption endpoints, it's just more efficient to replace polluting generating facilities with nuclear, wind, solar, or even newer gas-burning plants with carbon capture.
Are they? Fertilizer prices are up 3x-5x, depending on where you look, due to Russian export restrictions, so for many farmers it's cheaper to wait it out and give the soil a rest.
Planting reports have only started trickling in, so we don't have a good global view of what has been planted in spring 2022.
I think I've heard Scott Adams describe the practice on a podcast, the first step to understanding your opponent is to ask them to summarize what they think you both disagree on.
But with savings accounts yielding sub-1%, I understand the hesitation.