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Joined 2 years ago
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Cake day: June 24th, 2023

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  • True point.

    My IT setup to get control of my daughter’s not-yet-rocketed-addiction is: screentime from Apple (that can be circumvented), seperated wifi for teens with on/off times (still they can use mobile network), blocked ip‘s for insta & tiktok at router level (still not all IPs in there), and a hacker-style tool called Firewalla to monitor and control their traffic with porn, youth filter-block ability (also in the router, but not sure how well this works at eg youtube)

    For this setup you need some steps beyond standard IT knowhow. And still it’s only 95%. Some day they find how to get through the little holes.

    Oh, this effort for 3-4 hrs screen time a day including podcasts and whatsapp.

    Next step will be to separate devices. She wants a new phone for birthday. Then we put Spotify for the podcasts on the old phone and block everything else. The new phone for the rest with even more reduced screen time.



  • Don’t think labor costs is a big factor. Car production is the sector that is most automated. Just think of this endless bands of hanging cars with robot arms working on it. Tesla even topped this.

    It’s mainly the unwillingness to design and sell cheap cars due to less profits. In Germany we had electric cars for 20k€ or even combustion cars under 15k€. But they stopped building it. Although it was sold out in weeks.

    In my region there was a Startup by the Aachen University RWTH (which is an elite university in Germany) bulding small EVs for around 20k€. They simply bought all parts from suppliers and just assembled it. And engineered and designed it first. Unionized and still competitive. Unfortunately, they didn’t fly.

    EV building is rather simple. The software is key. And this is the missing part at car makers capabilities.

    I second your thoughts on trade war. However, I guess it will be much simpler with high taxes, high quality regulations, and may be less support by car workshops. We will see…






  • DrunkenPirate@feddit.detoCool Guides@lemmy.caSocial Generations Timeline
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    1 year ago

    I just adjusted to your style of writing: Shouting around that this doesn’t make sense. Full stop. No more, no less.

    I answered it does make sense. Full stop. And gave you hints how to get it by yourself.

    However, you need to invest some brain thoughts by yourself. I‘m not teaching you every little aspect of generations and why they named as is. I would but not in your style of shouting. What is this lazy social media attitude? Or just bad style?



  • I think you might be alluding to timing the market? In that case you’re “speculating”, not “investing”. Speculation is making a(n educated) guess about market directions. Investment is earning an expected return over time on capital.

    That might actually my different view point.

    I think one should time the market or even trying to do so. There aren’t always good times. I mean that thing of „time in market beats market timing“ is for buy&forget investors who don’t want to put much effort in their finances. If you care, you see which area is a go and which a no-go at a certain moment in time.

    That speculating vs investing is well written. I‘m not a native English speaker and put both under the umbrella of „Investor“ - who actually does both. So for me „speculating“ is key when you buy a stock or asset.

    Having, even a rough, idea of how the price is and how it might move should be essential. And with this mindset the price of buying is important only. Because you won’t buy a going to decrease asset, would you? Charles Munger and all those other value investors are doing it like this.


  • You miss the point of „Costs of missed opportunities“ if you (a) are always fully invested, (b) keep even underperforming stocks/assets forever until © some of those may go bankrupt.

    Same with other assets.

    Btw the price if assets matter if you buy. Not if you sell, this is a pure bet on raising prices. One should have an idea how much an asset can raise in price. (Or would you buy a property right now, because price will raise anyway?)


  • Sure. But why not just staying with SP500? It gives more returns and, to a high degree, is to big to fail. Central banks will intervene before the money burns.

    • If safety is your reason for diversification, think about the central banks.
    • If returns is your reason for diversification, think about market share of US economy and SP500 returns.

    From August 2012 to mid-November 2023, my portfolio returned 7.6% annually or 4.8% per year after inflation. This is above my long-term return expectation of 4% per year after inflation for a diversified portfolio. However, it’s still far below what U.S. stocks returned over this same time period. From August 2012 to mid-November 2023, the S&P 500 returned 13.1% annually or 10.2% per year after inflation.

    For me, asset diversification seems to be the game of millionaires to stay rich. For getting wealthy for standard people growth stocks seem to be the best way.