I believe you are referring to dividend investing? Investing in a portfolio of stocks that pay higher than average dividends. I'm not an expert in this, but dividend stocks don't normally have as high of a growth potential so the math may be different. Usually when the FIRE community refers to investing, they usually refer to an index fund that includes either the S&P500 or global stock index so you can track the movement of the broader economy and count on the economy growing year over year.
With dividend investing, it's not really the same thing and the math likely won't work out the same.
Also, depending on your jurisdiction, you pay taxes on dividends. So, it makes sense (while you earn) to invest in shares or funds that don't give you income (they pay dividends that you have to pay tax on), but capital gains (they increase in value, but you don't have to pay tax on that until you realise the gain, ie sell).
Once you're retired, you can switch from a capital growth portfolio to an income providing portfolio.
If you are able to:
1. Narrow down your GPS coordinate to within the nearest 50 meter radius (really crappy GPS signal.) BUT
2. Are able to use the physical structures surrounding the user to pinpoint the actual precise GPS coordinate. Which Google can do using streetview data.
Then you will be able to triangulate and locate the user quite accurately as long as they are above ground and outside.
With the work that Google is doing for in-door-mapping, this might also work indoors as well as underground, I don't know.
But it seems like the location accuracy for location-based AR is being "solved" right now. Unfortunately, the way it's done can only be done by somebody like Google or a company who can afford to collect streetview level data (maybe Apple can afford to do the same here.)
[Edit] Plus, if you're talking about parallel worlds, Google could even use the Streetview data to potentially pre-render the alternate world over the real world and only send the data back the user after they manage to triangulate them. This way they don't need to do that in real-time, reducing the latency of rendering something over the real world structures.
Although that does not rule out the possibility that it stores data locally and only transmit the recorded payload (since the time of last transmission) with the next legitimate payload when the wake word is spoken.
Not saying that they do though since if they were discovered to be doing that, it's way too damaging for Amazon's reputation for it to be worth going through the trouble.
No, but then that's an issue with the way fines and punishments for said crimes are structured, not the fault of those who takes advantage of the loophole.
There are 2 types of fines: fines that are meant to stop things from happening and fines that are there to basically make the city money. Most traffic fines seem to be structured for the latter.
If you want the rich to not be above the law then the punishment for breaking said law should not be financial in nature. Any punishment that is financial in nature will ALWAYS be less impactful to the rich than to the poor.
An improvement to this would be to structure fine based on networth rather than a fixed amount. Yet even then, a millionaire paying $900,000 in fines is still not as devastating as a poor person paying $900. So I would say that the issue is still the structure of the punishment.
Someone with money to burn can already get priority access to so many things. I don't mind if they can buy priority access to roads and reduce the amount of funding that has to come from everyone. When there's no harm or risk of harm, it's a pretty big exaggeration to use a phrase like 'above the law'.
Good to know it's up to you to pick and choose which laws inconvenience you, I mean which laws are there to make those fat cats at the city office the big bucks.
Do you ever exceed the speed limit? Pass on the right? Rip your music or movies? Download torrents? Take pens from work? Park inches over the line? Throw away mail addressed to the previous resident of your house (federal felony)? Participated in an office pool? Smoke weed?
If so, kindly do not speak from the glass house about picking and choosing which laws to follow. You do it, I do it, everybody does it. Society still functions somehow.
I don't think that was the point of my argument. I don't agree that rich people should be above the law, but that doesn't mean I can't disagree with the way the punishments are structured. I'm all for punishing all equally under the law whether you are rich or not. With that said, that also means that I think financial punishments for laws should be redesigned. A good start would be to fine people based on their networth instead of a fixed sum. Even then, the impact of a $900,000 fine on a wealthy person is likely less than a $900 fine for a poor person.
They stated that different laws exist for different reasons. That's not picking and choosing laws. And they didn't say that laws to make money are inherently bad either.
I'm of the view that boring a tunnel is part of his bootstrap plan for bringing the same tech to Mars. It's likely that we will have to dig living spaces underground on Mars and bootstrapping better digging tech by finding a good use for it here on earth first is a great bootstrapping strategy.
Tesla's mission is a prerequisite for SpaceX's— it's difficult to establish modern civilization on Mars, but establishing fossil fuel-powered civilization there is a non-starter.
Is the 'labourer' not a 'consumer'? If all prices fall due to competitive pressure, all consumers and thus all 'labourers' benefit from cheaper goods. Sure, the 'labourer' may not receive extra compensation due to lower costs and higher margins, but they end up able to purchase more with their dollar when prices fall.
We're all in the same market, I don't see why you would have to make a distinction between 'labourers' and 'consumer'.
I don't think you can attribute his success to luck. Yes he did take risk and yes he was a sociopath in that he didn't care much about how much he had to emotionally torment others to get what he wanted. However if you want to compare what he did to winning the lottery, it would be like he bought lottery tickets and then flew down to the loterry operator and did everything he could to fix the game so that he would win. just like how Warren buffet bought over companies and then made sure they run it his way.
Sure but lots of other people had that luck too. I mean, they all went to computer club meetings and spoke openly about what they were working on. How many other people at those club meetings founded transformational computer companies that survive today, let alone as one of the most valuable companies in the world?
Even within Apple there are stories of guys like Mike Scott, who was the 2nd CEO and took Apple public. He was there at the beginning, got super rich, but what was his long-term impact [1]? Have you ever even heard of him, outside of a Steve Jobs bio?
[1] He has arguably had a longer-term impact on the mineralogy of gems than in computing.
I thought Google already has a product that does video calls across iOS and Android... Hangouts. I don't understand why they are doing this independently of a product they already have.
> Mr. Nikhyl Singhal joined Credit Karma after four years at Google, where he held several senior product roles, including leading Hangouts, Google Talk, Google Voice and Google Photos.