1,427 karma · joined June 9, 2014
It's a really bad idea to do stock picking, or any other risky investment strategy, with your retirement account, and a really bad idea to promote it. One company goes bust and suddenly you lost your retirement savings. Or your parents did and you'll have to explain them why they'll have to continue working in their 70s and 80s.
Singapore is misleading, because 82% of the population actually lives in public housing (HDB). I suppose they're counted as "homeownership" because they are leased for 99 years [1], but that's a strong authoritative state with central planning and management of housing. Lease doesn't build that much equity because at you get closer to the term the value of the lease naturally declines. And you're not free to sell or buy to who you want.
[1]: https://en.wikipedia.org/wiki/Public_housing_in_Singapore
[1]: https://en.wikipedia.org/wiki/List_of_countries_by_home_owne...
Ford is a public company. That's an exit. An exit is whatever makes your stock liquid, not the end of the company.
As it stands right now, the Swiss Air Force is a 9 to 5 operation, and they operationally can't answer threats at night. Not sure that fancy F-35s would change that...
Your second link is about correlation between consumption of pornography depicting violence against women, and expressing views supporting violence against women. It does not say anything about causation. It's not very surprising that men who support violence against women would consume pornography depicting exactly that.
The two links you provided say absolutely nothing about porn exposure as a teenager. Even if there was a detrimental effect (which the 2 studies don't say), it doesn't mean that monitoring and filtering is an efficient solution, especially at the expense of a healthy relationship with your kid where they trust you enough to have a discussion about something that shocked them.
Parents who install monitoring systems are prioritizing their own short-term well-being and peace of mind at the expense of their child's future. They're eating their marshmallow right away.
"My house, my rules" arguments are absurd when it comes to raising kids, and totally disregards the end goal of raising independent individuals.
Let's say the industry average is 120k (in California). If you deliver 12k extra, and take 7% of the total, you're actually taking more than 9k out of this extra 12k.
If you have access to 10 identical Chuck E. Cheese's restaurants with a 10 minutes drive, you have less access than if you have access to 10 very different restaurants with a 10 min walk as it's typically the case in a dense city center.
I agree that the relevant metric is time. In a dense environment, you typically have access to more and more diverse things than in a less dense, car dependent suburban environment, in the same amount of time.
> ART ON THIS PLANET HAS BEEN HIJACKED BY ROTHSCHILD COMMIES AND ZIONISTS . .
That's not "a diff perspective", that's anti-semitism. Please don't post anti-semite stuff here...
The difference is that life here is organized to revolve around transit. When you have to take public transit to places that are not designed around public transit, it's difficult. When all or most of your activities are better served by public transit than they are by car (try parking your car in Zürich), planning your day around transit is a breeze. Train stations in Switzerland are major retail centers. It's rare to not have a supermarket at walking distance.
Plus kids are much more autonomous. You don't have to drive them anywhere when they can safely take a tram by themselves at age 10.
This article doesn't say that. How many people would pay a toll/transit fare and spend an hour on the road both way to get a larger soda?
They don't spend it mindlessly, they still allocate it relative to other opportunities. Low but positive inflation makes a lot of investments relatively more attractive, therefore incentivizing people to invest in economic activities, instead of sitting on their cash. Deflation creates a dearth of resource available to invest.
Plus it's a redistribution mechanism. If all you have to do is to sit on your cash for it to grow, then it's a rich becomes richer system. If you have to invest that money, there's an uncertainty, a risk, and opportunity for people to multiply their starting capital.
Some early bitcoins buyers are saying exactly that: "I got in early, I'm set up for life, if you didn't get early enough too bad you're gonna stay poor". It's not really how we'd like an economy to function.
> [...] people would have to spend it only on whatever they actually really need or desire. Is that bad?
It's bad if you want a growing economy. And usually technical innovation comes from relatively niche investments that no one really needs right now.
The question is, do you believe in the inherent usefulness of a specific crypto? If the only way to make money from a crypto is predicated on other people putting more money in it later on, that's the definition of a Ponzi scheme.
You don't hold onto euros and dollars because you think you can sell them later on for more money. That's why central banks have inflation targets: so that you're incentivized to use currencies as an exchange instrument, not as a store of value.