Ok, so if you think the hell thing is going to hell, just go SHORT, it's one click away. How simple is that?
And that's why these predictions never pan out, if it's SO EASY to make a ton of cash off a crashing market, then EVERYONE will go short, since it's so EASY to make money.
And that's why markets are generally stable and it's what humans do best, we go LONG. :-)
> Ok, so if you think the hell thing is going to hell, just go SHORT, it's one click away. How simple is that?
Uh, how? Also, the hard part about making money on a short is knowing WHEN the price is going to crash. You can call an obvious speculative bubble what it is without knowing exactly when it's going to pop.
> if it's SO EASY to make a ton of cash off a crashing market, then EVERYONE will go short, since it's so EASY to make money
If the market is already crashing, why would someone sell you the stock to short sell? Don't you have to short before the price starts to drop?
> And that's why markets are generally stable and it's what humans do best, we go LONG. :-)
Our brains have evolved. At one point we recognized everthing in our field of vision as "here", and everyone else was further "away."
Now we have lots more of even NPC (Non-Playing Characters), closer to our inner fields. Facebook friends really are your friends. As if they were standing right in front of you.
A heads up? Don't take a cabinet making workshop with an instructor passionate about what you can do with a plank of Birds Eye Maple, a router and a piece of sandpaper.
You may never look at another Javascript framework again. So DON'T take that class. You may do something crazy like quit your day job and make wooden bowls all day. And have way too much fun.
You don't want to have way too much fun. And don't get me started on glassblowing!
You can do pretty well on Etsy, and code on the side. And keep that grad degree in CompSci as Plan B. :-)
> 1 in 10 people will actually end up getting Alzheimer's.?
I have never seen anyone over 75 that does not have some kind of dementia. Zero. Alzheimers and Dementia will soon be one of the same classification. It's happening.
Nature is just telling us, you have to go. It will be incurable, it's painless. She's being nice to us. Yes treat it, of course, but we have to let go sometimes.
PS, I work with seniors. People have NO CLUE to what these people go through. Zero.
And NO one can face this question, eventually, we die. Know the millennials don't believe that. They can't even comprehend it death. But it's true. Really. And it's OK.
So live life as it should be. For ALL our days are numbered. Don't worry, be happy.
I am assuming you're making a larger point about life and death, and on that level I agree with you. But as someone who also works with seniors full-time, I have to point out that Alzheimer's is:
- not the same as dementia, and never will be [1]. Dementia is an umbrella term that includes many diseases (e.g.: Parkinson's, etc), whereas Alzheimer's is just one of the many specific diseases with its own causes, symptoms, and chances of developing a cure.
- not painless. Apart from increased physical pain sensitivity [2], there's endless emotional pain that impacts the patient and their loved ones [3].
The point you're making about the inevitability of death is valid, but it shouldn't lead to the conclusion that we should just accept Alzheimer's as an incurable disease - of all the ways that a loved one can pass away, many families I work with would agree that this may be one of the worst.
Having worked with thousands of end-of-life clients, I am surprised that the research funding for Alzheimer's is far lower than that for cancer, heart disease, and HIV/Aids. My assumption is that people's view of Alzheimer's is rooted in the old and incorrect perception that it's an inevitable and natural part of aging, sometimes referred to as "senility."
Today we know a lot more about Alzheimer's, and I would challenge anyone to point out why Alzheimer's is fundamentally incurable - it's just a matter of when, and I certainly hope we'll find a cure sooner than later.
Sorry but you are ignorant if you think that dementia is painless. My mother has dementia, and it's a horrible, horrible disease. She is going to a tremendous amount of pain, because she is confused and scared and angry. She knows something is terribly wrong all the time, but she doesn't know. She has written notes to herself that she wants to die. She can't control her bodily functions anymore and has to endure the humiliation of being bathed by strangers that scare her. It's a horrible horrible disease, and it is not painless or peaceful. I wish she would get cancer so that she could die quicker, that's how terrible this disease is.
While it is true that many of us will experience some kind of brain failure (if we don't die of something else first) making claims about absolutes like "zero" and "none" are not perhaps constructive to the conversation. My experience with my 90-year-old father in law is that he can recite far more stories about being 10 in rural Kansas in the '30s than I can of being 10 in Colorado's suburbs. He'll also demolish any who care to challenge him at Scrabble or contract bridge. Also, he happens to be the nicest, most unassuming guy ever. Dementia may eventually come for him, but today is not that day. YMMV
Using anecdotal evidence and giving empty platitudes isn't really scientific nor does it make people feel better. I am a millennial that believes that I can die. I also think that diseases like Alzhemiers are the result of increasing our life expectancy. But, since we have pushed our life expectancy higher now our task would be to improve our quality of life.
> I have never seen anyone over 75 that does not have some kind of dementia.
> PS, I work with seniors.
My fiancee says something similar, but she's a resident in a hospital, so she tends to tag "... in the hospital" or "... in the ICU" on the end of that statement because she's not seeing a random sample of all >75-year-olds.
Terrible plan, even if it double or tripled in a year you're not going to retire from that and given its history it's entirely possible it'll be half the current value next year.
You are right, and they probably mean the reverse causation. If it is volatile, you want to "dollar cost average", so you aren't significantly impacted by the price of a single purchase.
The mile high view of USA health care is if we can "eliminate" the poor, the old, the sick, in the long run, it will make our economy stronger. It seems to be doing it's thing.
The life expectancy is coming down for the first time in decades and the stock market is at a record high. It's a "social darwinism" thing. We're a living lab to test the theory out.
That's the mile high view. I'm not sure what the long term consequences are.
> US life expectancy drops for first time in 22 years
And then you all die from an infected telephone booth because all the phone sanitizers have died out.
Joke aside, you still need people in what are now shitty low-paying jobs for a functioning society. So if you're not going to pay the janitor enough for a middle-class life, either make a robot to do his job, or die of dysentery. Do you think USA will be able to make enough robots fast enough to realise that? And will USA society be able to tolerate everyone being upper-middle-class?
Louisiana sounds like hell. Guess they sold their souls for jobs. They seem OK with that.
> The risk of cancer in Reserve, a community founded by freed slaves, is 800 times the national average, making the community, by one EPA metric, the most carcinogenic census tract in America—the cause is a DuPont/Denka chemical plant adjacent to the town that annually spews 250,000 pounds of the likely carcinogen chloroprene into the air. If you think the situation in Flint is bad, there are approximately 400 public water systems in Louisiana with lead or other hazardous substances leaching into the drinking water. Meanwhile, hundreds of petrochemical plants peppered across the state’s lush swampy interior freely emit carcinogens, endocrine disruptors, and neurotoxins into the air and water, as well as inject them deep into the earth.
Why work for a company that has a +95% chance of failure, a fraction of the cash you would make at a FANG, after 3 years at FB think the "average" hire is now worth like $3M.
Why work at a startup? Makes zero sense.
Source: Work at a startup. Have not been paid in 2 years. But I do get to go to the beach when I want. And learned how to live on nothing. :-)
Some good points but 1.6MM/year pre tax, 840k/year after tax / 740k after expenses not living somewhere nice total comp? That's roughly what you'd need with an 8% return to get to 3MM in 3 years. They pay well but that sounds pretty far fetched. I could see 300k/year pre tax, 185k/year after tax / 85k after expenses not living somewhere nice. After 3 years at an 8% return that'd be roughly 350k... Not 3 million.
If you're getting promoted regularly you might be able to hit 3MM in 15 years, 10 if promotions went faster and you lived super cheap with 8 roommates.
And that's why these predictions never pan out, if it's SO EASY to make a ton of cash off a crashing market, then EVERYONE will go short, since it's so EASY to make money.
And that's why markets are generally stable and it's what humans do best, we go LONG. :-)