Did it really take $6.7 million to develop, or was most of that money just a really nice payday for the guy behind the crowd funding campaign? To his credit he did at least end up with a product, however bad it might be, but without transparent finances I’ll just assume that he paid himself a handsome salary.
That’s surprisingly little considering it seems like a neat piece of history. Collectors exist everywhere and I’d have imagined that one might pay a bit more for something like this. Especially since someone interested in this might be working in the tech sector themselves, which usually pays decent money.
Sounds like it’s going in the right direction for you financially, that’s great! Depending on the interest rate paying off a mortage is definitely the right call and a pretty good (+reliable) return.
That said i would probably still set up a small savings plan on a broad market ETF. Not because it’s necessarily an amazing time to invest, but to dip your toes into the experience and get a bit desensitized against the fluctuations. Doesn’t really matter the amount really (assuming you can invest without large fees), it just makes a difference psychologically to have skin in the game. That way you have some history once you decide to enter the market with larger sums.
The Covid dip, while certainly unusual, is a pretty good example to why it might be a good idea. Since then there’s constantly been chaos in the world, but you could have invested with the worst timing in 2020 and would now be better off than by sitting on the sidelines. The past isn’t indicative of the future, but on that topic i really like the story of Bob, the world’s worst market timer
To be fair i think times are rarely normal. Just since 2000 we’ve had the dot com bubble, great financial crisis, covid pandemic, ukraine war and now this. Although the current situation feels like a particularly unforced and unnecessary one. And before that there were also plenty of other crisis from world wars, the cold war with things like the cuban missile crisis or the 1973 oil crisis.
HYSA with those rates certainly seem like an appealing place to be in the current market, but as always this is a question about market timing, which is hard to impossible. When did you exit your positions and when do you plan to reenter? Because as said with the recent drops on a wide market scale we are still only down to levels just before the US election and nobody knows how things will play out in the future.
So my point still stands that anyone who is finding himself in acute issues due to the current market changes has done poor risk management. Broad market etfs are meant for a long term investment horizon of 10-15 years exactly so one can weather out downturns. And if someone is close to retirment it would have been prudent to shift some portion of savings into more stable investments similar to how target date funds handle it. Which might still be a good move right now, as the losses are still within reason, assuming a diversified investment strategy (and not something like having bought tesla at peak or the trump meme coin).
That seems like a good addition, although at least for younger people i’d still prefer stocks over the safer annuities, since with a longer time horizon you can weather out some of the fluctuations for higher returns.
What’s the better alternative? I’d certainly take a 401k over the current system in Germany where the current working population pays for the pensions of those currently retired. Which is obviously unsustainable if you take a single look at the demographic changes ahead.
Stocks will eventually go up again and at least for my global all world ETF the current drop means we are only back to where we were in September 24. Trump is certainly destroying a lot of wealth with his actions, but I think this would be true regardless of how you invest.
And anyone in hot waters right now because of the current drops should have probably been invested more diversified and maybe reduced risk a bit more.
OK so it’s more or less the same as Germany, and just the wording that threw me off.
How does the specific time slot work and what happens when you miss it and come later? That’s something we don’t have and personally I find it quite relaxing to just sleep in long (voting is on a sunday) and then casually stroll to the polling station whenever I feel like it.
TIL that voting in Belgium is mandatory and tbh I am somewhat intrigued by the concept.
What I do find weird on the other hand is the requirement to register to be able to vote. Or maybe I just don’t quite understand the mechanism. Here in Germany you automatically are registered to vote wherever you have registered your primary residence. So you only have to do something in advance if you want to vote by mail. The only people that do have to register somewhere are homeless people without residence on file, which is a small number.
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My opinion: Because Apple didin’t want to be a car manufacturer. It’s a lowish margin and capital intensive business (especially compared to what Apple does). And just becoming one of many wouldn’t actually move the needle on apples scale.
Most articles I’ve read focus on the electric car part, but imo that nowadays is essentially a solved problem. And even when they started I think it should have been clear that electric cars will actually have less complexity than cars with combustion engines. And the hardest part is the battery chemistry, which will in the end also be a commodity.
The general software they are already providing with Apple carplay and as seen this doesn’t really require them to build cars.
The real technology problem to solve is autonomous driving. And it seems like Apple wasn’t really able to solve it or at least make faster progress than others. Similar to Tesla which hasnt been able to deliver on that front either and is the only car manufacturer priced as a technology company. Which would have been Apple’s goal.
It might be a low number, but then again this also seems like a initiative that will affect an even smaller number of people and is targeting something where a completely valid alternative exists, that has lower emissions.
It might not be the end it all solution, but there won’t be one of those. So measuring it by that standard seems pointless to me.
I’d rather look at things like: Is there an alternative (and if so, what compromises does it make), what are the relative gains, and how easy is it to implement? And banning short distance flights seems to check those marks in my book.
Not sure if that counts, but they bought MGM and they’ve made an MGM+ channel that you can subscribe to for 5€/month, but only if you are a Prime subscriber aswell
I absolutely agree with this take. This isn’t something that will just go away. Especially for something like video games it just makes too much sense. The best time to address this topic might have been a long time ago, but they are still in a position where they can shape how things will play out. In the short term it might be better to not do so, but eventually someone else will take the opportunity if they don’t.
Agreed. Not that i dislike people doing stuff by themself on a small scale, but i really wish the focus would be more on larger scale projects and giving people easy access to invest in those.
Dont make everyone get a small solar panel and a tiny battery in their house. Let them invest in something like a large wind turbine in their area and maybe directly reap some of those benefits.
That and i think we also adopted technology differently. Places like China or india in a way skipped most of the PC/Laptop phase and went straight to smartphones as their main device to access everything. On a PC/Laptop you’ll access most things through a browser, so many services already existed this way and also remain accessible through that.
And even to this day many will prefer to do some things on a larger screen rather than a smartphone, even if by now it is the primary device.
Personally i find $10 a month to be too expensive, but don’t we all pay for search engines in a way? With Google you don’t pay directly but with your information and by getting influenced in your behaviour (e.g. to buy something from someone who in return pays google for advertisement).
They could make groups based on enginey and then randomly shuffle those. And within those either list browsers by popularity or again shuffle.
Would also help to educate people how little actual choice there is
So more like 3–4 years and not 5, but still behind
I am not sure if it is that simple. Their process is using DUV and I assume a ASML lithograpy machine they got from somewhere. The next big step and what the current leading edge uses is EUV, so a different technique.
Unless they get their hands on one of those machines, which I assume will be prevented at all costs through sanctions, they’d have to reengineer that themselves. Something they havent done even for this 7nm lithograpy machine. EUV was decades in the making with an insane amount of research spending. Even with maybe not having to start from scratch this will be a tough nut to crack.
Unless they solve this problem they might push DUV a bit further, but then hit a brick wall. So I am not sure is your estimate how far they are behind is accurate in this sense.
That said, as someone else posted. 7nm is already plenty good for a lot of stuff.
Perfectly understandable imo. Reddit has been around for ages and has a huge backlog of information that users aggregated. Can’t really expect Lemmy to match that after only (somewhat) taking off not that long ago. And i won’t fault anyone for using this accumulated knowledge, i can’t quite avoid it myself.
For me the big question is where people contribute new things. And considering how reddit is behaving, Lemmy/the Fediverse is the far better place to do so.
They also often want growth beyond what the original market niche supports.