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Joined 2 years ago
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Cake day: June 13th, 2024

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  • I think the key pieces of information we’re missing here is how old are you and how life changing is this money for you.

    If you’re young and poor, sock away about 2/3 of it in an index fund and 1/3 in a high interest savings. Take out loans and go chase that dream bro. Use the 1/3 in savings to cover your life expenses.

    If you’re mid life and poor, use it to bolster your retirement. Defer the dream but chase it once you’re comfortable.

    If you’re late life and poor, take lessons from a good tutor, don’t go for the Bach. Use it to subsidize Social security. Consider moving to a cheap country where that kind of money will support you for many years.

    If you’re old and well off enough - go self actualize. Time truly is the scarcest resource.















  • I woke this morning to thinking of socialism. The wind in the US is shifting. Not just the left either. Working class people are fed up of barely getting by. The last time this happened at scale was the 70s, Cities around the country built tall buildings to house folks, many of which were poorly maintained and turned to cesspools (but not all) and eventually were torn down. I hope we learn from the mistakes of the past - not only build massive buildings, but the infrastructure to support them too. People need green spaces…and not just roads and parking lots.

    I’m optimistic that we will get closer to a success this time. It’s a shame other western countries get to have nice things while we have to work 3 jobs to cover the rent.

    How do I plan to prepare? Inform, advocate, encourage. Vote.