Also officially signed into law by then California Governor Ronald Reagan.
409 karma · joined February 2, 2019
Got shipped because IMO this is just a bit too much money to spend.
Instead of going with a fiat paid system what if you went with a crypto of your own like Numerai (https://docs.numer.ai/tournament/learn) is doing?
From their website: "The Numerai Tournament is where you build machine learning models on abstract financial data to predict the stock market. Your models can be staked with the NMR cryptocurrency to earn rewards based on performance."
If you’re poor and in a blue state you get free healthcare comparable to the rest of the developed world. But go over the 30k/year threshold and you’re getting a high-deductible plan and a random number generator for a hospital billing department. Then once you get a job at FAANG and you get great healthcare.
China is not going to send fighters over to Bomb the us mainland, this thing is totally unnecessary.
Got about 50% total return since then (121k purchase & 61k return 183ish total). Mostly in VTSAX but the thing is, in late March 2020 I was negative returns, the market really does fluctuate and it is important to not act irrationally. Now it’s 50ish percent return since then.
Now the long game here is that based on my age I only had to put money into retirement for like 5-6years (employer match 401k + Roth contributions) now this will just be left until retirement in 30-40 years assuming the current approximate interest rate of 7-8%year inflation adjusted.
So yeah, just buy as much VTSAX and let it sit for decades. If that doesn’t work the economy of the United States is broken and you have bigger problems to worry about.
Make enough high rise towers like Chicago or NY and the price will go down. But people’s (voters) tax sheltered investments (homes) would also go down in value.
Sold my old system for around what I bought it for, so if you want to game these times are whack.
We already have more deaths from COVID than ww2 yet...crickets on the mask production front. I’m guessing it is because in a year when COVID is not a thing anymore it will not be profitable to have that much capacity and corporations do not want to ramp up that much.
Also making masks is probably not the best strategy. If we used reusable p100 filters that would be much more effective even for the general public. I used to work with fiberglass wearing a similar respirator with an organic vapor cartridge and it was usable for hours at a time, so no idea why we haven’t started using these in high risk [grocery/prisions/schools] instead of KN-95/N-95 of which there is a counterfeit mask problem.
Also Comcast is not going to tell the federal government "no" to a data request if it doesn't benifit them.
Also Joe Biden wants to cut social security so good luck with that happening. https://www.youtube.com/watch?v=9X3UiSvgle0
But also what are we doing running life-critical software on Microsoft-made OS? This is idiotic, it is great for gaming and excel but not hospitals. Microsoft could make another OS based on Linux or BSD and it could not be hot garbage. But that would eat into profits and take...effort. Linux and ChromeOS + 2FA is much better although not perfect.
Knowing the reasoning behind not trying to time the market will allow you to have the moral foritude to not sell your retirement fund when the market is freaking out, like it did this spring. That is much more valuable knowledge for most people then knowing higher math and English literature.
Another place that the education system is totally worthless is healthcare. Do the schools teach us to contact our insurance companies for interaction Id numbers to see if a provider is in network and then proce we contacted 6months later...hah no. Yet just this last week I had two different providers offices try and schedule me for an appointment costing $160-$200 that subsequently my insurance would not pay for. However the in-network rate is $10. Yes this is a mess but even though it is a mess education is instead trying to teach a classical liberal arts education which most people neither want nor need.
We need educational reform in this country and significant cuts to the educational system could be exactly what is needed as a wake-up call.
Also healthy eating habits and information about birth control should be taught in addition to financial literacy and at the expense of the current curriculum, but it is not because politics (both left and right here).
Here you basically have to ask your insurer if they will pay for damn near everything and record the interaction ID otherwise you're getting a supprise bill which are supposedly banned.
Had to deal with this in the last week it is infuriating wasting so much time on hold or navigating through a phone tree.
We should really be making a yellow vest style movement against this just and burn the whole healthcare system down. Unless you work for a select few companies or have the medicaid it's a nightmare to deal with.
Also the problem is we don't give a damn about preventative care and nutrition so you end up with a majority overweight/obese population that you could have prevented with a fraction of the cost in preventative care.
Index funds have allowed me to not have to save for retirement anymore (have enough based on FV calc), and yes buying the FAANG stocks 6 years ago would have yielded much larger returns, but could also have yielded losses if they went the way of Exxon.