id stringlengths 5 7 | title stringlengths 2 312 | selftext stringlengths 151 42.5k | z_score float64 -0.53 162 | normalized_score float64 0 1 | subreddit stringlengths 4 21 | body stringlengths 201 14.2k | comment_normalized_score float64 0 1 | combined_score float64 0.02 2 |
|---|---|---|---|---|---|---|---|---|
cefj0f | Foreign purchases of American homes plunge 36% as Chinese buyers flee the market | >**The dollar volume of homes purchased by foreigners from April 2018 through March 2019 dropped 36% from the previous year, according to the National Association of Realtors.**
[https://www.cnbc.com/2019/07/17/foreign-purchases-of-american-homes-plunge-36percent-as-chinese-buyers-flee.html](https://www.cnbc.com/20... | 20.944232 | 0.429387 | investing | Anyone try to buy a home in or around Boston in the last few years? I have.
Here is what happened to us many times:
1. We see a house we like. Let's say it's $1.2mm. That's great, we can put down a 20-30% down payment.
2. We email realtor saying we're ready to make an offer.
3. Realtor emails us back, says "Bad ne... | 0.425804 | 0.855191 |
m9m87k | Did anyone quit their job in order to have more time available during market hours? | If so, what was the portfolio size that made that OK for you?
I am thinking about doing it with a portfolio of about a quarter mil and average net premiums of about 3500/m from CCs on top of market gains of about 6500/m.
Potential to add maybe another 100k if the market tanked to buy the mega dip between a HELOC and ... | 5.98493 | 0.258781 | thetagang | Be really careful with this. IV is high right now, and if the market settles down long run you will not be able to collect nearly as much premium on a regular basis.
You are assuming a lot about future performance of your portfolio and your trading system in the future. If your account gets blown up, what then? | 0.596154 | 0.854935 |
llb1qn | Why does no one seem to think the housing market will crash? | From what I've read house prices being high and rapidly increasing is a good sign they may crash. I've read this in property investment guides and online about timing the cycle. Everywhere I look seems to assume that property prices will continue to rise well into the 2040s!
Now I've read the average baby boomer will ... | 12.080845 | 0.820639 | AskEconomics | The first point is that it's spectacularly hard to time bubbles. I haven't heard anyone say that prices will rise monotonically, and I would be skeptical of anyone who says they can predict year over year changes for the next twenty years. I certainly can't. There are also semantic questions of what exactly a "crash" i... | 0.034211 | 0.854849 |
9nhbhu | Quick warning to any single women looking to cut costs by getting a roommate. | Ask for women only.
I initially had my ad open for everyone because I didn't want to narrow the window too much. As long as you're a professional around my age and aren't a sleazeball, I didn't mind.
It only took about two days for the messages from thirsty men asking if I would be open to living with them rent free ... | 19.192352 | 0.56602 | povertyfinance | God, back when I had to have roommates to get by I would search ads and see shit like that all the time. I can't imagine what kind of thought goes into making an offer like that.
Trying to prey off of desperation is pretty fucking despicable. | 0.28869 | 0.854709 |
6h5oqz | [ETH Daily Discussion] - 14/Jun/2017 | Welcome to the ETH Daily Discussion thread of /r/EthTrader.
***
The thread guidelines are as follows:
- All sub rules apply here. Please review our **[rules page](https://www.reddit.com/r/ethtrader/about/rules/)** to become familiar with them. The rules page is also linked in the announcement bar above.
- Genera... | 23.603029 | 0.725959 | ethtrader | A few days ago I posted about potentially selling off ~85% of my ETH for a down payment on a house.
Well, I'm pretty sure I'm going to do it. But with the price increase in the last couple days, I'm close to only having to sell 50% instead!
I think I'm going to move the amount of ETH I'll need into GDAX, then open ... | 0.12835 | 0.854309 |
o7lvtq | How Michael Burry figured out the 2007 crash, simple (own repost from Burryology) | I have been reading the book: The oil factor by Stephen Leeb written in 2004. He talks about the inverse relation between (rapid) increase in oil prices, lowering supply and high demand, but he takes a detour. The dotcom bubble dropped sp500 -40%, nasdaq -80%, 16trillion USD wealth went to 7 trillion. The fed lowered r... | 6.167786 | 0.41626 | ValueInvesting | Michael Burry was 2 years too early buying credit default swaps, and had to close 70% of his original short because of how much Scion Capital was bleeding on that position. He froze his client's ability to withdraw funds to avoid the firm collapsing. To this day, he talks about how his confidence in the position turne... | 0.4375 | 0.85376 |
t0m79o | Why is America so hesitant to cut Russia off from the SWIFT banking system? | The only reason I can think of is that cutting Russia off from the SWIFT network would push some countries to adopt a blockchain-based monetary system, which in turn would reduce their reliance on a US-centric international monetary system.
Is this the main fear? Is it the ONLY fear? | 8.45157 | 0.58231 | AskEconomics | Russia has its own Swift alternative SPFS that it could impose on say the BRICs type countries as a condition for buying its oil. In short cutting off Russia from Swift would mean making cutting anyone else from Swift less powerful in future as there would then be a good alternative. | 0.271053 | 0.853362 |
7dmm3p | Bank of America just imposed a new $60 annual fee on their previously free personal savings account. | Today I noticed a $5 fee was deducted from my savings account. I called and was informed this is required, unless I met certain minimum balances, etc.
I cancelled my savings account, which I've had for over 30 years.
Link below for more info.
https://www.bankofamerica.com/deposits/account-fees/
Edit: new fee, c... | 61.629016 | 0.514381 | personalfinance | LOL. Why does anyone ever bank with these guys? I don't like any of the big national banks, but BOA is especially ridiculous. Like when they charged a fee to speak with a teller. I mean what the heck?
| 0.338641 | 0.853021 |
ll68pc | The SEC Just posted the new numbers for Failure to Deliver. Guess What, GME is failing to deliver every day. | Hey 'Tards,
The New Failure to deliver data is JUST OUT from the SEC. Here is a simple pivot table. It's still failing to deliver EVERY DAY. I'm sure people will analyze this better than me. But I wanted to get this out to everyone ASAP.
Edit: Failure to deliver is how many shares were not accounted for at the... | 20.216681 | 0.221874 | wallstreetbets | GME has been on the failed to deliver list since early December if I remember. Someone posted about it in early January about how it has been in the list for 6 consecutive weeks. Turns out nobody in the SEC cares or enforces it | 0.63093 | 0.852804 |
94tkwy | 4New’s kwatt tekonomics | KWATT Token currently is an ERC20, Ethereum based smart contract. Upon completion of the blockchain development, the token will be swapped to the KWATT Coin that will interact with our blockchain.
The total coin offering is for three hundred million coins (300,000,000).
Our first plant will launch with a c... | 0.273176 | 0.074866 | crypto_currency | Organic waste continues to be processed into biogas and the remnants of its management can be used as biofertilizer for agriculture that has good quality. This diagram will continue to spin so it can be the best solution in renewable energy. | 0.777778 | 0.852644 |
9brkcd | DATAEUM AND BLOCKCHAIN TECHNOLOGY | Blockchain based and using smart contracts technology Dataeum relies on a solid technological solution that enables transparency and reliability for data collection.
Dataeum’s platform is based on technology layers to ensure efficiency, security and flexibility from the data collection to its availability on the mark... | 0.273176 | 0.074866 | crypto_currency | Dataeum is a blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs) anywhere in the world, with 100% accuracy. It does this through a mobile app and by using a distributed workforce of “collectors” who are incentivize... | 0.777778 | 0.852644 |
9brkcd | DATAEUM AND BLOCKCHAIN TECHNOLOGY | Blockchain based and using smart contracts technology Dataeum relies on a solid technological solution that enables transparency and reliability for data collection.
Dataeum’s platform is based on technology layers to ensure efficiency, security and flexibility from the data collection to its availability on the mark... | 0.273176 | 0.074866 | crypto_currency | Dataeum Token Distribution;
◉ 50% of the XDT Tokens will be issued and for sale during the TGE.
◉ 30% of the XDT Tokens will be put in reserve in order to finance the collectors and boost future services.
◉ 20% of the XDT Tokens will be redistributed among the different partners, team members, advisors and bounty ... | 0.777778 | 0.852644 |
zjsj4s | The Millionaire Trend |
Hey everyone.
Do you guys see a trend these days? Everyone wants to start a business, retire early, earn a boatload of money, and be "financially independent".
I see YouTubers selling courses around these topics, making money by teaching how to make money. Sounds pretty scammy to me lol. These gurus are the only p... | 4.698155 | 0.42268 | Money | “I got rich because I bought a class on YouTube.”
-nobody ever
These scams aren’t new though. Before the internet, late-night TV had commercials for get rich quick schemes. And before that, they were in magazine ads. Everyone wants to find a shortcut that doesn’t exist. | 0.428571 | 0.851252 |
qf9tud | If you have to ask you can’t afford it | Now that I have finally gotten to a point in life where I’ve made it I wanted to get this off my chest because it’s an expression that did more damage than good and continues to annoy me.
This expression gets thrown around like gospel every time someone asks a question about affordability, whether a car, a boat or a h... | 8.617163 | 0.528272 | fatFIRE | That statement is a form of shaming language. Some people say this to hide true agendas like interests or other hidden financial terms on these forms. Wealthy people don't have to blink twice, but that goes to those born into wealth. A person who grew into it will be thrifty. So when they say that, just say, "I worked ... | 0.322174 | 0.850446 |
b0ku1b | According to the Federal Reserve, the average net worth for Americans between the ages of 65 and 74 is $1,066,000, however, the median net worth is $224,000. Under the age of 35 was an average of $76,200 and a median of $11,100. The average is skewed by a small percentage of affluent Americans. | https://turbo.intuit.com/blog/real-money-talk/net-worth-by-age-704/
I honestly thought that the medians would be higher. But it seems that people have much less than I thought. How will all these people retire on just ~200k or less?
Edit: if you guys are interested in seeing where you stand, there are calculators lik... | 34.944709 | 0.71351 | investing | Yuppies tend to significantly overestimate the material well-being of their countrymen because the vast majority of the people they associate with are people like them. Like Bay Area software engineers with bachelor’s degrees who think 25-year-olds making $300k is totally normal and not a freak historical anomaly. That... | 0.136148 | 0.849658 |
ntryon | Hey /r/Superstonk - Please be careful with the Charles Payne situation | **First off my intention is not to offend anyone. As with NBC before it, I know Fox also has a lot of loyal followers. My intention is not to aggravate anyone, just to warn them and make sure they're prepared.**
I love what Charles Payne has been saying/doing so far and it's awesome that Wes is getting some much-neede... | 7.708183 | 0.2516 | Superstonk | I know Apes are sick of hearing this but its the honest truth. You can't go wrong with Buy, Hold, Vote. No matter what they say no matter who says it just Buy Hold Vote. In a few days one of those will no longer matter and it will make life even easier for us. | 0.597279 | 0.848879 |
pnxxby | Old guys who beat the market - how did you do it? | This is a question for the older guys, like 30 years + investing, who beat the s and p 500 long-term average (9% I think, depending on when you start counting).
How did you do it? Was it loads of work, or just self control? On my side is my nature of being the opposite of trigger happy. I will sit on a decision for mo... | 1.92912 | 0.152846 | ValueInvesting | Been investing close to three decades. The only strategy I have is to buy in white-knuckled when there is blood in the streets. These chances only come about once a decade (2000/2001, 2009, sort of 2020). Put your entire paycheck in if you can afford it and have the job security. You know these moments because they’re ... | 0.695833 | 0.848679 |
o5bwzc | California to Pay off all Past Due Rent Accrued During COVID, Giving Renters Clean Slate | California is paying off residents' past due rent that was accrued during the COVID-19 pandemic, giving renters a clean slate, Gov. Gavin Newsom announced recently.
https://www.newsweek.com/california-pay-off-all-past-due-rent-accrued-during-covid-giving-renters-clean-slate-1602556 | 8.426987 | 0.262391 | realestateinvesting | Renters who have been scraping their bank accounts and working extra jobs to pay rent feel stupid right now. Not a very fair decision. I get it this is Christmas for landlords who had written off last years rent, but I think “lower to middle class people who work and make things happen against the odds” should be the #... | 0.585859 | 0.848249 |
nfgk3e | Buffett on Stop Losses | It “has always struck me as like having a house that you like, and you’re living in, and, you know, it’s worth $100,000 and you tell your broker, ‘You know, if anybody ever comes along and offers $90 \[thousand\], you want to sell it,’” Buffett joked to the audience at the 1994 meeting. “It doesn’t make any sense to me... | 6.141622 | 0.414634 | ValueInvesting | It’s because Buffett is buying houses (long term investing, tangible value, good comps, scrap value) and y’all are out here day trading some of the most speculative asset classes and businesses.
We know how much a house is worth and that there will be demand for houses in the future - we do not know how much dogecoi... | 0.433333 | 0.847967 |
reen32 | Welcome to the vampire economy | Original: [https://survivingtomorrow.org/why-do-so-many-famous-companies-lose-billions-every-year-3aa648ddc9d6](https://survivingtomorrow.org/why-do-so-many-famous-companies-lose-billions-every-year-3aa648ddc9d6)
**(NOT MY OPINIONS)**
\-------------
Uber reported a [$1.1 billion](https://www.verdict.co.uk/uber-q3-re... | 6.141622 | 0.414634 | ValueInvesting | While ~~you~~ OP presents a very interesting point, it’s deeply flawed.
As an example, Amazon makes a ton of money from its technology. AWS runs a third of all cloud services in the world. That’s a real product. So is its online store. Calling Amazon a middleman is disingenuous.
All the companies ~~you’ve~~ OP has ... | 0.433333 | 0.847967 |
x2e3qd | I'm Ryan Avent, and I cover the global economy for The Economist. Ask me about economics, journalism, or anything else! | Hi, I'm Ryan Avent, the trade and international economics editor for The Economist, where I've been covering various economics beats since 2007. My recent work has focused on challenges facing emerging markets; see this recent piece on debt woes across developing economies and the risk of a lost decade: https://www.eco... | 11.369956 | 0.773956 | AskEconomics | There is a common view among non-economists that inflation has been caused by excessive amounts of money printing over the last 2-10 (depending on who you ask) years. Many laypeople have claimed for a long time that money printing would cause hyperinflation and now it appears that the predicted levels of inflation have... | 0.073684 | 0.84764 |
nja32c | Is there any realistic scenario where the cost of homes can come down again? | I was fortunate enough to buy a home before the real estate market went bonkers.
I look at how crappy trying to get a home is for normal people right now and I really feel for them.
I'm not very knowledgeable in economics, but I just don't understand how prices could ever go back down to rational levels.
The way ... | 8.133961 | 0.301403 | CanadianInvestor | The government could restrict home purchases to residents, increase interest rates, increase property tax, and implement a vacant home tax. It would come down to making homes not a profitable investment. The problem is too much crashes the housing market, many people would have a mortgage greater than the value of the ... | 0.546012 | 0.847416 |
9brtct | DATAEUM MILESTONES | Q4 2018
Application release and back office consolidation
Q1 2019
Blockchain integration throughout the platform
Q2 2019
Integration of XDT tokens throughout the application
Q4 2019
Marketplace deployment and its interface
Q1 2020
Integration of an exchange platform within the system
Q2 2020
Coll... | 0.20425 | 0.069519 | crypto_currency | According to their statement, Dataeum’s mission is to put humans — more accurate than any machine or algorithm — at the center of data generation. The Dataeum team estimates that poor quality data cost US corporations alone over USD 3.1 trillion in losses each year, including accuracy of less than 10 percent for Google... | 0.777778 | 0.847296 |
laog55 | Mark Cuban AMA at 9:30 AM CST, Tuesday 2/1/2021 | Mark Cuban will be joining us to do an AMA. During this period, new accounts will be allowed to comment and post questions for Mark to answer. We will be using a Q&A sort. Q&A sort shows all threads Cuban replies to, so low quality comments are highly unlikely to be seen. Please Behave.
UPDATE: Shit is 2/2/202... | 16.929417 | 0.186019 | wallstreetbets | Above all, we need to ask him his thoughts on share counterfeiting in the context of Failure to Delivery, how GME can make it to 13+ Consecutive days on the SEC threshold list, and what this means for an estimated 100%+ ownership between institutional and WSB
Edit: I’m buying the dip, holding, and asking questions lat... | 0.661164 | 0.847183 |
un8yn7 | I don't believe any fatFIRE poster who isn't verified | It seems like a large number of "I fatFIRE'ed, what do?" posts are made by kids. Honestly, we shouldn't upvote people who can't take 5 minutes to get verified and build at least *a little bit* of trust with the community. Some of the posts are just so ridiculous, it's impossible to believe. (The, "I'm 9-figure FIRE", p... | 3.431605 | 0.228717 | fatFIRE | I would never get myself verified on here, who cares whether you believe me or not
I’m not here for the “I just sold my company for x million, what do I do now” posts anyway. I just ignore them because it’s all been asked already
Some of the posts and questions and discussions are really interesting, and I reckon I... | 0.618261 | 0.846978 |
neb4d7 | I just paid $1M in taxes... | Had a breakout year in our business last year. This is the most exciting and depressing milestone I feel like celebrating and crying all at the same time lol...
Does everyone pay extreme amounts like this and just not talk about it? Or am I doing something wrong here lol | 4.597393 | 0.296061 | fatFIRE | Yes and it sucks. On the other hand it's a good reminder how well you're doing. I also like to believe that I'm helping society somehow and those of us who make more have a larger responsibility to contribute more. | 0.549565 | 0.845626 |
xpb06j | India has spent more than $80 billion this year to save the rupee | India’s foreign currency reserves are depleting fast.
Looking to protect the rupee from falling sharply, the Reserve Bank of India (RBI) has deployed $82.8 billion (6.59 lakh crore rupees) from its forex reserves in 2022 so far. In September alone, it sold $10 billion. The central bank intervened heavily in August as... | 5.661764 | 0.370103 | IndiaInvestments | India has been accumulating foreign reserves for a long time since early 2010s (your source even has a chart on it.) Also, the ATH of $642.4B was hit on March 2022, not last year. Your source article also mentions that RBI will move away from intervening if this continues, they're not idiots. Posts like this are very b... | 0.475294 | 0.845397 |
9zgiv6 | What is EntrepreneurShop (ESO) Project? |
What is ESO Project?
ESO introduces the most advanced applications made on top of artificial intelligence technology and blockchain technology, this concept connects the futuristic professionalism with the current blockchain network approach, can be an excellent starting point for the future growth of financial trans... | 0.893506 | 0.122995 | crypto_currency | **ESO** will also open an opening door for the future progress and development of financial transaction from transaction Integrated with machine learning mechanisms and NFC (Near-Field Communication) which currently not applied in the financial transaction field. | 0.722222 | 0.845217 |
a1ueuu | BUYING.com PLATFORM |
Buying.com is the first e-commerce protocol that allows consumers to buy directly from manufacturers, wholesalers and distributors. It’s the next generation of Decentralized E-Commerce Platform that harnesses the power of distributed ledger technology along with innovations in Bulk Pricing, Real-time Logistics, E-Com... | 0.893506 | 0.122995 | crypto_currency | Buying.com is a regulatory compliant company registered in the United States of America. Buying is already fully operational with many people working full time for their network. They also have many partner companies owned by existing team members which are already shipping products. | 0.722222 | 0.845217 |
9zgiv6 | What is EntrepreneurShop (ESO) Project? |
What is ESO Project?
ESO introduces the most advanced applications made on top of artificial intelligence technology and blockchain technology, this concept connects the futuristic professionalism with the current blockchain network approach, can be an excellent starting point for the future growth of financial trans... | 0.893506 | 0.122995 | crypto_currency | ESO payments are e-money or cryptocurrency payment features that can be used to makevarious types of payments such as payment of electricity, PDAMs, health insurance, onlineshopping. Not only that, but users can also buy credit,
ckets, etc. | 0.722222 | 0.845217 |
9x0amy | EntrepreneurShop Preliminary Information | Transacons are currently using a system that is le behind. Or can be said to be oldfashioned and have not adapted to the latest methods that have developed, or maybe even some refused to accept these developments, and we are here to establish a new system that integrated with Blockchain with the aim of introducing and ... | 0.893506 | 0.122995 | crypto_currency | **ESO** is also playing a leading role in helping EMS provider organizations across the nation successfully transition to **NEMSIS** Version 3 and new state standards for electronic patient care reporting. | 0.722222 | 0.845217 |
w4kfwj | 'Big Short' Investor Michael Burry Says Nancy Pelosi's Chip Stock Buy Should Be Illegal | “Big Short” fame investor Michael Burry said U.S. House Of Representatives Speaker **Nancy Pelosi** “made a bundle” on semiconductor stocks she recently purchased because she knew a key bill would make it through the Senate.
https://preview.redd.it/d5eockv91yc91.png?width=658&format=png&auto=webp&s=6f00a03... | 31.274759 | 0.839836 | StockMarket | Weren’t the buys for chip companies that will receive no benefit from the bill? I get the blind outrage on Reddit, I wouldn’t expect anything else, but the bill in question would help the competitors of NVDA which is one of the stocks her husband bought, right?…
NVDA doesn’t make or buy chips made in the US… they comp... | 0.004052 | 0.843888 |
mfms35 | Covid, Brexit and now the Suez channel blocked, seriously why is the stock market still going up? | And don't say it's because of the fed, it can't be just the fed.
Edit: Thank you for everyone who took their time to answer my question, I will carefully read all the answers and study everything that has been said. :)
Edit 2: Wow, number 1 on the sub! :D | 6.056996 | 0.425061 | AskEconomics | The stock market is not the economy. The stock market consists disproportionately of medium and large companies. Different companies also depend on different markets, countries and supply chains.
So Brexit might not matter much for a business that does not operate in Britain - they can workaround the problems. The Sue... | 0.418421 | 0.843482 |
wsa9mq | N26 closed my account and filed money laundering case against me | Now i have to spend money for lawyer to defend my own money.
my N26 account got blocked and terminated immediately without prior notice. Full message at the end. I had my account for 6 years happily and everything was going well. I assumed, they are international Bank for international transfers. Moreover i received ... | 4.090291 | 0.151163 | eupersonalfinance | KYC/AML just sucks so much these days. Any criminal enterprise can get away with billions in fraud but my wife’s 30 Euro PayPal payment to a guy in Germany who was selling a children’s toy was triggering a Money Laundry alert. I’m not joking- that’s what happened to her. This is pathetic. | 0.692073 | 0.843236 |
oxz8kg | Bank of America Is Short GME And Is Positioned For A Potential Bankruptcy (semi debunked post from last night) | ​
https://preview.redd.it/y2z6f02p0df71.jpg?width=1024&format=pjpg&auto=webp&s=f2b789b14af01d3f751becbfbcfc1d13728ada54
Hello again my ape friends. So wow, did not expect yesterday's post to get as much attention. I apologize for the reposting as the original argument was debunked. I have added... | 8.235706 | 0.26819 | Superstonk | Thank you for reuploading after fixing the error. Gotta love the integrity here of not only being open to being wrong on something, but going back and fixing it so that more apes can learn peer-reviewed hypotheses. | 0.57495 | 0.84314 |
b0ku1b | According to the Federal Reserve, the average net worth for Americans between the ages of 65 and 74 is $1,066,000, however, the median net worth is $224,000. Under the age of 35 was an average of $76,200 and a median of $11,100. The average is skewed by a small percentage of affluent Americans. | https://turbo.intuit.com/blog/real-money-talk/net-worth-by-age-704/
I honestly thought that the medians would be higher. But it seems that people have much less than I thought. How will all these people retire on just ~200k or less?
Edit: if you guys are interested in seeing where you stand, there are calculators lik... | 34.944709 | 0.71351 | investing | A while back Barron's (I think, been a couple years ago) published a study across a wider swath of the retiree population, everyone age 65+, and they found median net worth to be something like $100,000.
Keep in mind that's including home equity, so yeah, the answer to how they survive is Social Security. Significant ... | 0.129569 | 0.843079 |
zoaq7o | $2.2M dividend portfolio need some extra eyes | As the title says, all individual stocks. As of now, we don't withdraw any and drips them all. We're looking to get to $120k dividend per year. We have $60k cash in roll over IRA ready to deploy. The $920k cash we don't want to touch as we may make a big purchase later. If we don't want ETFs, what individual stocks yo... | 4.771503 | 0.229697 | dividends | $120k per year from $2.2 million means you need to average a 5.45% annual yield, There are lots of ways to do that.
If you prefer individual stocks you could go through this list of Dividend Kings https://www.financecharts.com/screener/dividend-kings
and Dividend Aristocrats https://www.financecharts.com/screener/di... | 0.612844 | 0.842541 |
n2dxt3 | Curious to hear economists' breakdown of Einstein's "Why Socialism?" | There's this [article](https://monthlyreview.org/2009/05/01/why-socialism/) by Einstein blatantly endorsing socialism.
I'd like to clarify that I have no dog in this fight, and I think Einstein being Einstein deserves the benefit of the doubt.
Now I read the article. It has some interesting points. Though it seems ... | 4.747463 | 0.339066 | AskEconomics | You should keep in mind that Einstein, while an excellent physicist, is about as educated in economics as your average Joe, and not instantly credible in the field of economics because he's good at physics. Same goes for an economist regarding physics. If an economist wrote a paper on general relativity with a bit more... | 0.502632 | 0.841698 |
7iyej5 | Bitcoin exposes the massive economic illiteracy of financial journalism; arm yourselves with knowledge. | Lorem ipsum dolor sit amet, consectetur adipiscing elit. Pellentesque laoreet mauris et pretium bibendum. Cras id enim vitae ipsum molestie pretium vitae a lorem. Nam non lacus consectetur, dictum mauris non, pretium erat. Orci varius natoque penatibus et magnis dis parturient montes, nascetur ridiculus mus. Vestibulum... | 20.596021 | 0.127473 | Bitcoin | While it's true that a currency needn't _necessarily_ be "backed" by something to be an effective means of exchange, virtually everything else you've said is false, or obvious pandering to the prevailing socioeconomic attitudes prevalent in this sub.
First, let's dispel the notion that US dollars aren't backed by anyt... | 0.713797 | 0.84127 |
piar0i | Why I gave up on active stock picking and sold every individual stock I own | I have a full time non-investment job like a lot of you. Post Covid, I had some extra time due to the lack of commute and I decided to study up on all terminology and background required to to pick stock. I even read Benjamin Graham's book cover to cover diligently !
I read and watched a bunch of videos and was very f... | 8.823484 | 0.560825 | IndiaInvestments | Same story as you. People don't realise the best returns you will get is from investing in your own career. Bet on yourself and stop wasting a huge chunk of time on stocks. You have MF managers paid huge amounts to do exactly that. Use that time to sharpen your skills related to your full time job, remain at the top of... | 0.28 | 0.840825 |
w4kfwj | 'Big Short' Investor Michael Burry Says Nancy Pelosi's Chip Stock Buy Should Be Illegal | “Big Short” fame investor Michael Burry said U.S. House Of Representatives Speaker **Nancy Pelosi** “made a bundle” on semiconductor stocks she recently purchased because she knew a key bill would make it through the Senate.
https://preview.redd.it/d5eockv91yc91.png?width=658&format=png&auto=webp&s=6f00a03... | 31.274759 | 0.839836 | StockMarket | While some of Pelosi 's stock purchase timing did raise eyebrows off the top of most people 's head, the semiconductor purchase could have been made with info available to everyone. What isn't available to the masses is whether or not we are approaching a market bottom or are looking at a further 10 to 20% drop. Pelos... | 0.0009 | 0.840736 |
lw1zgd | Roaring Kitty, CFA | Has anyone else watched Roaring Kitty's YouTube channel? Aside from the GME events, which I agree with his analysis when GME was a $4 stock, the quality of his content is really top-notch in my opinion. He goes through his process in detail and it is clearly heavily rooted in value investing.
Not trying to stir the po... | 11.58386 | 0.752846 | ValueInvesting | Smart dude, that being said, I got a bit frustrated watching his videos. It's not exactly a lecture or structured process he's walking through, more of him just thinking out loud and having beer at the end of a day. | 0.0875 | 0.840346 |
leq2kt | A new milestone! 100k net worth | I am now officially among the 6 figure club (provided there isn't a pullback this week) . 50-50 growth and dividend. With an average monthly dividend of 368.68$ and growing. Hoping to reach 128k by end of year and $400 monthly average. Made possible through aggressively saving on 40-50k a year since 2017.
I can't tell... | 16.983678 | 0.775758 | dividends | On the verge of $50,000 in my IRA!!! I wish I could save 40k a year. I only make 30k/yr
But I have 6 positions as of now and I only put in $6,000 a year (limit for IRA's).. Just chuggin along. I try to tell my family but it does feel like I'm rubbing it in their face or something. | 0.06422 | 0.839978 |
a1x5wu | Uptherium – Crypto apps hub, rising community, an easier way to earn! |
PRESENTATION
It is no current story that cryptocurrency is a digital currency which was brought into existence through the use of advanced encryption techniques known as cryptography and powered by Blockchain technology.
While this revolution is gaining wide acceptance, Imagine, accessing a crypto hub of apps that m... | 0.824581 | 0.117647 | crypto_currency | Since each yearning undertaking needs a sturdy establishment. The team are beginning with 5 key crypto administrations that illuminate five of the huge challenges– a dependable method to get noteworthy news, a ground-breaking crypto exchanging center point, very own token swap trade, a simple method to pay with crypto... | 0.722222 | 0.839869 |
a1x5wu | Uptherium – Crypto apps hub, rising community, an easier way to earn! |
PRESENTATION
It is no current story that cryptocurrency is a digital currency which was brought into existence through the use of advanced encryption techniques known as cryptography and powered by Blockchain technology.
While this revolution is gaining wide acceptance, Imagine, accessing a crypto hub of apps that m... | 0.824581 | 0.117647 | crypto_currency | Whether you need apps for news insights and opinions, learning to trade the markets like a pro or using your crypto to make everyday purchases even as little as a cup of coffee, the Upthinity app hub offers it and rewards you from it all. | 0.722222 | 0.839869 |
lhhvuo | Killing pump and dumps targeting /r/ASX_bets for fun and shitposts | It has come to the mods attention that an organized pumping event was planned for this subreddit starting with a cordinated an attack in the Monday Daily thread. This knowledge was obtained via various means, including the use of people (yes, plural) who have slightly more mental and ethical capacity than others tellin... | 13.132138 | 0.62449 | ASX_Bets | I am so so so happy about this. I assume this was Rickle and his new group he was putting together. Thank you for everything you do to maintain this sub. Must feel like holding back a rising tide.
Edit - I’m really surprised you’re only giving temporary bans. This shit should come with an instant permanent ban, a repo... | 0.215017 | 0.839507 |
7qvjuv | possibly the worst thing about this crash... | All the shit I have to hear in the office.
The god damn "i-told-ya-so" from John. "I have no idea how stocks or anything like that work but i know bullshit when i see it. I can't believe people were dumb enough to buy fake money."
Yea ok mate, if i need a status update on that box of donuts in the break room, you're... | 47.150648 | 0.290751 | Bitcoin | Ok, as one of the shit-eating office I-told-ya-so'ers I feel like its worth sharing an alternative perspective. I have no stake in Bitcoin, and don't feel strongly about it one way or another. Frankly, I don't know jack shit about the technology, and don't pretend to. What I DO have an opinion about are all the buye... | 0.547972 | 0.838723 |
lck7nt | Here are the answers to all your questions | - We don’t care if you’re coming from wsb or anywhere else. Nobody cares. Stop making a big deal out if it.
- Stop posting what you learned from the GME shitstorm. They’re all common sense. Go to r/gme_meltdown for that shit.
- Stop posting 80% returns in the last 3 months and title it “Thetagainz”. We all know you ei... | 19.377663 | 0.806452 | thetagang | Does the IV of call options decrease as an underlying begins to tank, or does it increase , or is there no way of knowing? My understanding is that demand for the call drives up it's trade price as well as it's IV. | 0.032051 | 0.838503 |
wqg0aj | Saving for a wedding, 20k | I make 504 every week. (470 at the beginning of every month due to union dues) 223 car payment and 196 insurance and 70 for concert ticket payments. I have until December to have as much money in my savings for my wedding. Any advice? Around 400 I'd need to save to have the most by Dec?
EDIT: ITS 10K. Not 20k. | 0.436679 | 0.082474 | Money | Fancy weddings are a goddamn scam perpetrated upon young adults barely starting their lives by placing unrealistic and deeply unaffordable expectations on them.
The only way they make any sense is as a vanity project by some of the parents. Speaking of, have you considered hitting up relatives to "sponsor" part or all... | 0.755102 | 0.837576 |
gj9sou | Why don’t more women trade? | This is coming from the wife of someone who trades for a living. He has asked me a few times why I think so few women trade and I don’t have an answer for him. I don’t understand any of it. I would love to hear from other women why they do or don’t trade. | 1.61496 | 0.056842 | Trading | According to the variability hypothesis, men and women meet the same average values on a vast majority of psychological traits, but the distribution for men is wider. When there’s a greater number of outlier men for traits such as the willingness to take large risks, those outlier men will congregate in those fields th... | 0.780488 | 0.83733 |
88unax | If you’re ripped off by Comcast (or any internet company), Wells Fargo (or any bank/student lender), or Aetna (or any health insurance company), here’s how to get your money back. | Update 3: $3332 returned!
Update 2: Holy moly! $2361 returned to redditors so far! If you reached out for help, don’t forget to share your update here!
Update 1: WOW! Thanks for your votes and gold and sweet notes. Adding more resources below and an ask to share this post with people who might need it.
—
All of these... | 82.797038 | 0.690797 | personalfinance | If you landlord tries to evict you without notice, or they try to keep your security deposit for some BS reason tell them you'll file a complaint with your state's office of attorney general.
Once they tried to keep my deposit because the hallway was dirty and they had to paint it. I've been living there for 3 years. ... | 0.145826 | 0.836622 |
jwesme | How to see if a bank is risky for placing your deposits? [A guide from a banker] | Although Lakshmi Vilas Bank is being sold to and recapitalised by a well to do Bank (DBS Bank), you do not want to be their depositor now for the inconvenience it causes.
This is a basic guide to avoid such situations. Read on!
​
**Number 1. Check your Bank’s capital adequacy ratio**
Suppose a bank raise... | 10.566703 | 0.665979 | IndiaInvestments | I am an IDFC First Bank customer and checked the parameters mentioned by OP. I did the research so you don't have to!
1. Capital Adequacy is at 14.73 (Greater than 12 is good)
2. Gross NPA at 1.62 (Less than 5 is good)
Net NPA is at 0.43
3. Share price has grown from 25.70 on June 30 to 29.95 on September 30 (16.... | 0.170588 | 0.836568 |
l216iu | Rant mode: I cannot believe the number of podcasts about real estate investing. It makes it feel super bubbly. And frankly, I'm kind of embarrassed to label myself a real estate investor despite 20+ years in the game because it feels so cheesy. | Basically the title. I mostly listen to politics and money podcasts. I do listen to bigger pockets occasionally (or I used to back when it was a little less self sucky sucky) but I don't really browse that often. I clicked through suggested and I am blown away at what felt like 50 real estate podcasts. I mean.....I... | 25.933264 | 0.787172 | realestateinvesting | Can u provide some background on how you got started? I’m curious what real estate investing was like before podcasts and all this guru crap.
I just started learning about investing last year though bigger pockets and purchased my first home. Throughout the process I felt like I was on the verge of being taken advant... | 0.04826 | 0.835432 |
9ygwj4 | Government Network : Decentralized Sovereign Identity Management | Building the network, gaining mindshare into the space, engaging hundreds of millions of participants, is a practical journey of many steps and a long-term plan.The Government network works towards near-term achievements to bring significant traction and real-world use cases to the platform. The initial focus will be ... | 0.755655 | 0.112299 | crypto_currency | The Government Network operates on two tokens. A platform token is called an NTN token. A stable coin traded on the Government Network's internal exchange. It is used to facilitate trading and transactions on the network. The token is confirmed by the provision in the amount of 85% of its cash value in the amount of $... | 0.722222 | 0.834522 |
a92816 | What is Upthinity? |
Imagine having access to a crypto application center that meets your daily crypto needs! Using crypto with a variety of applications within a single ecosystem has never been easier in your everyday life. For example, even if you're a beginner, the apps that help market the market like a pro, applications that facilita... | 0.755655 | 0.112299 | crypto_currency | **Upthinity** Apps that help you become an insider, granting you early access to new projects that show strong pre-launch potential and so much more. Well, that’s what **Upthinity** is, your personal super ecosystem of crypto apps powered by blockchain and steered by our community to help you stay ahead. | 0.722222 | 0.834522 |
a92816 | What is Upthinity? |
Imagine having access to a crypto application center that meets your daily crypto needs! Using crypto with a variety of applications within a single ecosystem has never been easier in your everyday life. For example, even if you're a beginner, the apps that help market the market like a pro, applications that facilita... | 0.755655 | 0.112299 | crypto_currency | Upthinity you can earn UPZ by using the Uptherium network for the day to day activities and transactions you do already. Every year, we give back a percentage of revenue we earn from app transactions, we distribute it in UPZ to our community members, this is through, our “Raid the Reserve” initiative. | 0.722222 | 0.834522 |
9ygwj4 | Government Network : Decentralized Sovereign Identity Management | Building the network, gaining mindshare into the space, engaging hundreds of millions of participants, is a practical journey of many steps and a long-term plan.The Government network works towards near-term achievements to bring significant traction and real-world use cases to the platform. The initial focus will be ... | 0.755655 | 0.112299 | crypto_currency | The Government Network proposes a sharing economy model, based on decentralized applications. The nation focuses on developing a trusted environment amongst market actors through elaborate identity management as the foundation of its economy. | 0.722222 | 0.834522 |
9ygwj4 | Government Network : Decentralized Sovereign Identity Management | Building the network, gaining mindshare into the space, engaging hundreds of millions of participants, is a practical journey of many steps and a long-term plan.The Government network works towards near-term achievements to bring significant traction and real-world use cases to the platform. The initial focus will be ... | 0.755655 | 0.112299 | crypto_currency | These transactions can either take place using the ecosystems native NTN token or other currencies including fiat using a solution developed by the Government Network, in which scenario the user would pay a transaction fee to the Government Network.. | 0.722222 | 0.834522 |
a3o87k | Javvy is a universal wallet that unifies access to cryptocurrency exchanges into a single, comprehensive application. | Javvy is the full integration of a universal wallet connected to numerous exchanges presently available to the cryptocurrency market. It eliminates the need for multiple accounts and applications while taking advantage of their respective benefits.
Javvy brings confidence and clarity to the user as cryptocurrencies ap... | 0.755655 | 0.112299 | crypto_currency | The Javvy is a universal wallet with a built-in decentralised exchange. Security is a priority on their Windows, Android, and iOS app based platforms. When you are offline, so is your Javvy wallet. Crypto wallets should not be web-based, and should NEVER hold your private keys. | 0.722222 | 0.834522 |
lb1jk5 | Our darkest hour... | This truly may be wallstreetbets’ darkest hour. We don’t really know how long the hedges could keep up the restrictions. But what we do know is that all we can do is hold, and I know we’ll do exactly that.
We really pushed the corrupt funds to the breaking point and made them show their true colors. I believe this is ... | 17.417075 | 0.191338 | wallstreetbets | I don't know guys. I saw my position drop to -56% you know what it did? - It broke me. It broke me in a way that I don't care if it goes to -99.9%
Fuck 'em!
Holding.
Edit:Thank you all for the upvotes and comments!
My brain is smooth and my hands are diamonds! - That's the mantra for this week. | 0.642919 | 0.834257 |
o2zfhj | I need to be honest. | I’m an exhausted Ape. I’ve been holding XXX since early January.
Dates come and go.
Hype rushes and falls.
The truth has gotten uglier and uglier.
My conviction has grown stronger and stronger.
But I’m tired.
I’m so fucking tired.
Tired of feeling afraid to admit this to you all. Because I know that THEY ... | 4.175957 | 0.140511 | Superstonk | You know what keeps me going? Seeing that video of Kenny boy saying he'll keep going one more day to survive. Well if that arsehole will hang on one more day to try and keep me from my money, then I'll keep going one more day to bankrupt the twat.
Edit: Thank you for the awards, everyone. | 0.693237 | 0.833748 |
a3pppx | Would you tell a friend that you inherited a large amount of money and are now financially independent? | My brother and I watched an elderly wealthy Aunt become very sick a week before she died. She told us on her deathbed that we would get fifty percent of her assets. (The other 50% went to charity.) While we were sorry to see her suffer and would miss her, we were philosophical because she was 96 years old.
She died... | 9.271997 | 0.200436 | financialindependence | When I retire, I'll tell people I manage budgets for high net worth clients. And I'm simply way too busy to take on anyone new.
I'll leave out the part where I only have one client... And the one client is me. | 0.631278 | 0.831714 |
krjbnl | A beginner's guide to investing in the bond market (and debt mutual funds). | 2020 has been a wild ride for investors in the financial markets. All over the world, stock markets crashed in March, central banks started to *print money* (out of thin air) at [an unprecedented rate](https://www.cityam.com/almost-a-fifth-of-all-us-dollars-were-created-this-year/) and the markets bounced back to new a... | 12.104837 | 0.758763 | IndiaInvestments | One particular gem. among the many in the article
> Decide on how many years you're going to invest the money. Divide the time horizon (in years) by 3 or 5, and you'll get a number. Select debt funds whose Average Maturity is (approximately) equal to that number. That's the simplest to do it.
This is so import... | 0.072941 | 0.831704 |
iuu7bu | Almost went bankrupt building my first house. sharing the lessons learnt | I'm in a philosophical and reflective mood.
I've recently concluded a 3+ year legal battle against my builder (2 x house builds) and the VIC building insurer. And whilst I'm pleased with a $350k payout, I must say I'm absolutely horrified for the average person or family should they find themselves in a similar situ... | 27.7243 | 0.814154 | AusFinance | Lots of respect for you OP, this sounds like a tough & unfair fight and I'm glad to hear you came out on top. Curious what kind of community support you found while going through this, e.g. facebook groups where people had gone through similar experiences, or non-profits set up to bring together & advocate on y... | 0.017539 | 0.831692 |
7fdj2r | Would You Like to See Reddit Accept ETH as a Means to Pay for Gold? | More payment transactions per day than any other decentralized cryptocurrency: https://pbs.twimg.com/media/DPReEWQWAAALENm.jpg:large
One can complete 1 million unique transactions for under $1.
Massive developer driven ecosystem (stackoverflow, github etc.) & subreddit activity.
$45 Billion highly liquid market ... | 25.620544 | 0.787245 | ethtrader | Your post reached **top five in /r/all/rising**. The post was thus [x-posted](/r/Masub/comments/7fdpfu/would_you_like_to_see_reddit_accept_eth_as_a/) to /r/masub.
It had 47 points ^(in 40 minutes) when the x-post was made. | 0.043724 | 0.830968 |
lgd6sf | What is your favourite Canadian Penny Stock? Describe it in 2 sentences or less | Use this as an opportunity to introduce people to your favourite ticker that they may have never come across otherwise! Maybe find a hidden gem or two.. **ALWAYS DO YOUR OWN DD!!**
**Keep the main comments to this format:**
“$#### - Describe the company, blah blah blah. 🚀”
**Rules:**
Main comments must be 2 sentence... | 3.859123 | 0.276873 | Canadapennystocks | BEE.V - Bee Vector Technologies. Has been slow moving the past while but the business is brilliant and has potential to be a disruptor. Recently received EPA approval and the green light to operate in California. I'm all in and waiting for a pop. 🚀 | 0.553846 | 0.830719 |
skm9u1 | how can i make 5 dollars right now within like 10 minutes | i’m broke
edit : i am not trying to get anyone to give me money, i was looking to see if there were ways to get money online or anything like that, that is all!!!! | 3.66507 | 0.340206 | Money | Go to goodwill/salvation army/any other thrift store. Go to the items section (electronics, appliances, decorations) fuck the books and clothes. You’ll be looking at shelves of what mostly looks like garbage. Open the eBay app on your phone and start looking up some of the decent looking items (receivers, printers, spe... | 0.489796 | 0.830002 |
89ubgp | I have $20.41 in savings | And I am so proud of myself!! I've never had this much in savings before.
Two months ago I was homeless with a young baby. One month ago I signed a lease to an apartment and started working. Now I have all of my bills covered for this month *and* next, and I even have some money in a savings account!!
If you're going... | 23.978545 | 0.705448 | povertyfinance | Oh man, and I thought the $46 I have was nothing to talk about.
I mean I've had more in the past, but this is the first time I'm actually not going to touch it and I'm adding about $5 every few days. We should start a group where we check in often and report where we're at. And if we dipped into it, tell the others w... | 0.124002 | 0.82945 |
n5me5g | THE MOTHER OF ALL WEDGES: AN ENDGAME DD. Technical and Fundamental Analysis with Warden. Where we are now, where we are headed. When might the MOASS begin? | Hey everyone! It's Warden. I'm taking a brief moment to write a chart analysis post because **I feel that we are nearing a critical junction point**. The volume today has been extremely low, currently sitting at around 1.7 million, and I feel that a lot of people are sensing that something big is coming. I've emptied t... | 17.020319 | 0.544467 | Superstonk | Just a reminder from someone who considers everyone here his best friends:
Please make sure that you are taking care of yourselves throughout all of this and if necessary, use this time to make the preparations to do so. This is going to be very emotionally intensive and you may become fatigued by how long this will ... | 0.283393 | 0.827861 |
ntt6be | Lets talk Gamestop, why all the hate? | I'd really like to have a discussion here about GME. Everytime it seems I see anyone suggest it as a viable investment, it gets downvoted to oblivion. I hear some of the same arguments against its volatility but exposure to volatility is ok in a balanced portfolio, you dont need to be strictly ETF's. Know your limit, p... | 11.437111 | 0.419158 | CanadianInvestor | IMHO there is no reason why we can’t discuss it...
I perfectly understand why people don’t like it (fundamentals/ maybe old outdated model)... but I also understand why they do (Hedgefunds have been caught with their hands in the cookie jar, and are in an almost indefensible position, and the fact that there is hope fo... | 0.408589 | 0.827747 |
lxzwnf | [Serious] This Subreddit has such recency bias that goldfish look like they have photographic memory. | In light of all of the "should I sell posts" I have to speak up a bit.
2 weeks ago you look at any rate my portfolio post and nearly everyone is recommending every high-risk ETF you could name. ARKK, ARKG, ARKW, ARKQ, ICLN, YOLO, MOON, TAN, LIT, I can keep going. And these were all recommended knowing damn well th... | 19.635443 | 0.689295 | ETFs | People should be investing into their favorite tech stocks and thematic ETFs now, while the market is down. Unless of course, you actually don't believe in the holdings over the next few years... If you do, why are you selling ARKK and ICLN today? And were buying near an ATH?
If you were saying that ARKK and ARKG are g... | 0.138122 | 0.827417 |
n0r2r8 | U.S. population barely grows; annual housing construction is 1.5 million. So how did we end up in a housing shortage? Is the market distorted by tax code? | Our population has barely grown, and we continue to add new homes. Yet housing prices are up nearly everywhere. I might expect this in San Francisco. But Cleveland? Pittsburgh? I know individuals with 50 to 75 homes they rent. Is that business model radically distorting the market? Most people I know with “typic... | 7.890341 | 0.545455 | AskEconomics | A housing shortage implies there are not enough houses where people need them, not that there aren’t enough houses as a raw count.
I can build a million houses and offer free rent, but it means nothing to the people of NYC if I build them in rural Wyoming. And asking people to move as a solution to address housing is... | 0.281579 | 0.827033 |
lck7nt | Here are the answers to all your questions | - We don’t care if you’re coming from wsb or anywhere else. Nobody cares. Stop making a big deal out if it.
- Stop posting what you learned from the GME shitstorm. They’re all common sense. Go to r/gme_meltdown for that shit.
- Stop posting 80% returns in the last 3 months and title it “Thetagainz”. We all know you ei... | 19.377663 | 0.806452 | thetagang | Fully agree with your thoughts. As somebody who found Thetagang through WSB, but never bought into the Yoloing because my risk tolerance just isn't there, you sum it up well. WSB taught me a lot about how options work as lottos, while theta is showing me that selling lottos carries less risk (depending on your approach... | 0.020513 | 0.826964 |
lq2ac9 | Why do some people have an issue with Fiat money? | I've heard a lot of people say that we need to go back to gold-backed currency because fiat money "has no real value and is just backed by men with guns".
But gold has no "real value" either! You can't eat or drink it, and it can't really be used in any useful way. How would switching to the gold standard be any less... | 6.244072 | 0.437346 | AskEconomics | [No serious economist](https://www.igmchicago.org/surveys/gold-standard/) actually wants to go back to the gold standard. It's really just a minority of fringe people (that often aren't even economists) who argue for this.
[Barry Eichengreen has a good article](https://nationalinterest.org/article/critique-pure-gold-5... | 0.389474 | 0.82682 |
owfs82 | If you make a decent income, it becomes all about lifestyle creep. | I spent my career at FAANG (I'm FIRE now) in the Seattle area. I viewed my position as a winning lottery ticket. Anyone at a higher leadership level at a FAANG makes such an insane salary (by a comparison to any normal income) that FI is clearly possible. Since every one of my peers should have made $300k annually or o... | 24.922007 | 0.52705 | financialindependence | There was a post I think on twitter or something a while back about how a family making $200k a year could be/feel poor or be living paycheck to paycheck, presumably to draw up sympathy. They outlined a budget that was like 2 abroad vacations a year, private schools and new clothes every month among other things. Turns... | 0.299398 | 0.826448 |
lmcktr | FatFIRE is for suckers, I decided to FILE - Live Early. | Back in my 30's I was similar to so many people who post here. I was a computer programmer making good money from my salary, stock grants, bonuses, investments, and the booming housing market. If I had stuck with it a few more years I could have retired early.
People who haven't experienced it will never understand. "... | 10.376844 | 0.629924 | fatFIRE | > I have touched lava, swam with dolphins and sharks, chased a pet goat out of my living room, wrestled a wild boar, been sunburned on my private parts, been lost in the jungle, and every day I drink ridiculously expensive gourmet coffee that I grew myself.
This is beautiful. Hats off to you. | 0.196087 | 0.826011 |
mlzc1u | Goldman bought £75m of shares in Deliveroo to lift price on debut. The purchase equates to nearly a quarter of the value of shares traded in Deliveroo during its first two days as a public company. | Goldman bought £75m of shares in Deliveroo to lift price on debut. The purchase equates to nearly a quarter of the value of shares traded in Deliveroo during its first two days as a public company.
> Purchase equates to nearly quarter of value of shares traded in Deliveroo during first two days as public company.
... | 5.976277 | 0.233962 | UKInvesting | Is it just me, but are there growing numbers of restaurants who seek to bypass the delivery firms altogether?
I've been getting more restaurant leaflets through my letterbox.
One restaurant said they'd deliver for about £1 within a 5 mile radius. It seems they are able to run a far more efficient operation by cutt... | 0.591954 | 0.825916 |
7xukby | My credit union offered me an appointment with a financial advisor after depositing an inheritance check. When she called I asked if she was a fiduciary. She said yes. When I showed up I found out she's actually a broker but "considers herself" a fiduciary. This is some bullshit, right? | I'm extremely annoyed. I feel that I've been subjected to a bait-and-switch. When she called to set up an appointment, I said "Before we do that, are you a fiduciary?" She said yes. I said "Great, I'd love to set up an appointment!" When I got there I saw a plaque on her desk saying she was a broker. I read online that... | 30.467698 | 0.254679 | personalfinance | Run away. In fact, you may want to run straight to your state's insurance board and tell them this "advisor" misrepresented herself as a fiduciary and attempted to sell you a product that was not in your financial best interest.
Have you read through the [/r/personalfinance wiki](https://www.reddit.com/r/personalfinan... | 0.57028 | 0.824959 |
pga7ry | Do western countries like UK, USA, etc. depend on the 'exploitation' of China, India and other third world countries to stay rich and prosperous? | Note: I apologize if the following hurts the sentiments of western people, who I understand forms the majority of this sub.
I am from India and here, people from both sides of the political spectrum say that western countries have only become rich with high GDP per capita and amazing infrastructure thanks to us third ... | 5.608013 | 0.395577 | AskEconomics | Nope.
For example, back in 1970, when the USA was already one of the richest countries on the planet by GDP per capita, US imports were only [5.2% of US GDP](https://data.worldbank.org/indicator/NE.IMP.GNFS.ZS?end=2019&locations=US&start=1970&view=chart).
As for the UK, trade wasn't that important at th... | 0.428947 | 0.824525 |
9w3rec | Sovren Platform | SVRN, which is its own token, has been assigned to be used for voting on projects that are listed on the platform. Thus, it will be valued as it will be able to use its own token more. In addition, the Company will be able to exchange all major crypto currencies such as BTC, ETH, and other major currencies, such as Eur... | 0.617804 | 0.101604 | crypto_currency | Sovren is a company that creates a unique trading in securities. This is Sovren project, to which you should pay close attention, this ICO project shows active growth and great opportunities await it in the future. | 0.722222 | 0.823827 |
9xeufz | Swachhcoin Proposed Solution |
It is not a hidden fact that the global waste management problem we face cannot be tackled by a handful of people or organisations. The willingness and contribution of the mass is the key in successfully achieving our objective. The best way to encourage people to properly manage their wastes will be to incentivize ... | 0.617804 | 0.101604 | crypto_currency | Swachhcoin will be collecting waste through its specially created SWBins, which are specialized waste disposal units that will be placed on various locations for easy accessibility to its users. This will work towards effective waste collection from households, which usually generate food and material waste on a daily... | 0.722222 | 0.823827 |
9w3rec | Sovren Platform | SVRN, which is its own token, has been assigned to be used for voting on projects that are listed on the platform. Thus, it will be valued as it will be able to use its own token more. In addition, the Company will be able to exchange all major crypto currencies such as BTC, ETH, and other major currencies, such as Eur... | 0.617804 | 0.101604 | crypto_currency | Sovren bringing a new breath to the wallet process, which will add significant value in an environment where competition is intense, token has great prospects. On the official site, you can learn more | 0.722222 | 0.823827 |
7nhrsp | Warning: AT&T applying "customer loyalty speed upgrades" without customer consent | So over the holiday I received an email with an order confirmation from AT&T (my ISP, and the only one available in my area) and it had a new bill amount (about $5/month higher).
I haven't ordered anything so the first thing I thought was maybe someone got a hold of my account number or personal info and changed i... | 91.653319 | 0.764606 | personalfinance | Whoa! Comcast has done the same thing to me! I got an email saying my speed had been upgraded from 75 mbps to 100 for free and when I checked my bill I see that they've applied a $15.00 promotional rate.... that will no doubt kick in soon.
https://imgur.com/a/i3spi | 0.058869 | 0.823475 |
ifjh95 | How is Byjus able to generate a revenue of $72m in a country where majority of its population is middle class, and of course a fair share below the poverty line. | I can’t imagine having such a hugely successful market in India where a lot of parents struggle to even pay for school. Yes I know that the indian middle class now has more of a disposable income now, but curious as this is a niche market and they were only founded in 2011. | 6.841 | 0.441237 | IndiaInvestments | Lemme tell you why? A real instance of their sales.
I called byjus saying show me a demo of ias courses. So they came home ,they called me before and said if we come and show then you have to buy. I just told that time,ok come.
When they come i kept saying no, Because its so many books and courses i think i could not... | 0.381176 | 0.822414 |
ytukl5 | Separation with no savings | Hi all,
My wife is applying for a separation and we will need to meet with someone to discuss division of assets and childcare. We have two children ages 5 and 8. I am on a good income ($130,000pa) and my wife is on under $30,000pa. We have always shared everything, but still find ourselves living week to week. We hav... | 3.14002 | 0.099077 | AusFinance | I was exactly in your situation. We decided to stay separated by live in the same house, just different rooms, Luckily we had a guest room. I had a good superannuation balance, her - none. We agreed to not bring any dates home, and when we wanted to start a new relationship, that person would move out. We lived amicab... | 0.722105 | 0.821182 |
cmqrwo | Be careful what you say in public | My wife and I were at Panera eating breakfast and we noticed a lady be hind us talking on the phone very loudly. We couldn’t help over hearing her talk about a bill not being paid. We were a little annoyed but not a big deal because it was a public restaurant. We were not trying to listen but were shocked when she ann... | 49.597088 | 0.414105 | personalfinance | I heard a woman loudly read out her phone number to someone she was on the phone to (landline?) while on a train. When that call finished she got another call straight away. Most of the carriage had that "oh great, here we go again" look. When she answered, a guy on his phone nearby loudly said "You shouldn't give out ... | 0.406859 | 0.820964 |
p1378f | How do billionaires borrow against assets to avoid taxes? | We all know that billionaires don't have billions of dollars laying around in banks, but instead they have billions of dollars worth of assets. So an argument on Reddit that I see quite frequently is that billionaires avoid paying taxes, even when they need money, by simply borrowing against their assets.
The issue i... | 6.431148 | 0.449631 | AskEconomics | "Buy, Borrow, Die" seems to be the term popularized to describe the strategy you are referencing. The basic idea is to exploit the step-up in basis that occurs upon death. The steps are (broadly)
1) Buy: (or create by starting a successful business) an asset and have it appreciate. Say you spend $10 on a stock and it... | 0.371053 | 0.820684 |
llb1qn | Why does no one seem to think the housing market will crash? | From what I've read house prices being high and rapidly increasing is a good sign they may crash. I've read this in property investment guides and online about timing the cycle. Everywhere I look seems to assume that property prices will continue to rise well into the 2040s!
Now I've read the average baby boomer will ... | 12.080845 | 0.820639 | AskEconomics | The housing market is extremely difficult to project. If you look back you can find someone claiming a crash every year. Eventually someone is right, but even then it’s often times regional. Now dipping further you need to look at inflation. We have been through several significant inflationary periods in the past 10... | 0 | 0.820639 |
u2j9r8 | I need to make 5k in 14 months | Hey guys! My name is illbus and I'm 15 rn. My school is planning a trip to Tokyo, Japan in ~14 months, and I don't think my family can afford to pay for it. I'm willing to do anything (legal) to make the money myself since (a.) I really hate burdening others with my problems, and (b.) My mother is more likely to say ye... | 3.277663 | 0.309278 | Money | If you are serious, consider this:
14 months are about 60 weeks. Subtract 4 weeks for "holidays" and you are left with 56. If you can work for 15 hours a week ("just" 3 hrs a day between MO and FR), you'll have 840 hours of work to offer. 5,000 / 840 = about 6 of whatever per hour (you did not specify whether that's U... | 0.510204 | 0.819482 |
prvs43 | Petition to change this sub to VTI or VT | I'm sure that most people who joined this sub seek out the knowledge on the world of 3,000+ etfs. Yes, there are etfs that invest in thematic to women ceo's to water to leveraged. I don't know about you guys but all I really learned on this sub is either you go VTI and VXUS or you are a sore loser. People will put you ... | 13.920913 | 0.493473 | ETFs | When I first joined here, I thought there would be discussions on new or interesting etfs, like ultra-specific sectors, environmentally conscious stuff, etc. Every fucking post here is "rate my portfolio" with boring indexes. I don't really understand the point of this sub to be honest. | 0.325967 | 0.819439 |
xojnnx | Thoughts on UK economy under Truss? | Hello,
American here. Astounded at how much the pound dropped vs USD after Liz Truss’ and Kwasi Kwarteng’s speeches on tax cuts and breaks.
Imo multinationals listed in London should perform better on paper because of the decreased tax burden and oversees sales (in USD) should bolster balance sheets, however I’m curi... | 4.058609 | 0.164151 | UKInvesting | I was born in 1972 and in my 50th year it's ironic we have a very similar setup to back then.
While we might get a consumer led mini-boom, it will be massively overshadowed by the looming financial catastrophe.
I don't see how they can support the pound now. If they raise rates they crash the housing market & con... | 0.655172 | 0.819323 |
skhjlm | Life's 'secret' weapon. What's yours? | I think this could be an interesting subject for this sub. What is your one 'secret' weapon that you believe gives you an advantage in life?
Mine is an early morning run while listening to an educational podcast/show. 30-60 minutes in the morning where I kill two birds with one stone; fitness and education. I feel lik... | 6.082124 | 0.38183 | fatFIRE | Remembering that life is a beautiful gift and that someday I will die. When holding a crying baby at 3am covered in vomit, I remind myself: someday, you would give anything for 5 more minutes of this.
Puts small stresses in perspective. | 0.437391 | 0.819221 |
9t7vfb | What is Pigzbe? |
Pigzbe is a decentralised application that allows people to create their own enclosed, autonomous financial networks and to exchange money within them. Decentralisation means that no central authority is needed for operation. Anybody can participate and the degree of decentralisation increases as the number of ind... | 0.548878 | 0.096257 | crypto_currency | Pigzbe uses the blockchain to make money transfers within families borderless, safe, and instant. By unlocking the potential of globalised families as micro-financing networks, Pigzbe teaches children about money in the 21st century. | 0.722222 | 0.818479 |
a58gty | Poseidon Foundation: CARBON CREDIT MARKETS - What is a Carbon Credit? | One carbon credit is what you get when an emis- sions reductions project avoids the release of one metric ton of carbon dioxide into the Earth’s atmosphere. These carbon credits can then for example be used to off the emissions resulting from running a business, which is why they are also called carbon off There are ... | 0.548878 | 0.096257 | crypto_currency | Poseidon is balance to bring into reality the greatest change in the manner in which carbon credits are utilized through retail incorporations. In this platform, there are a few carbon designs on the planet and it very well may be risky to know whether a particular carbon credit will give the coveted atmosphere activi... | 0.722222 | 0.818479 |
9az9da | Dataeum - How did you shift towards blockchain technology? | We made a shift towards blockchain when we realized that this technology could solve all the problems regarding transparency,traceability and immutability of the data provided. After, there was a lot of iterations to find the best way of doing it and we’ve been helped a lot by tech teams and our advisors. | 0.548878 | 0.096257 | crypto_currency | Dataeum aims to disrupt the existing paradigm, by creating the first blockchain-based platform which uses crowdsourcing to enable the collection of 100% of all global physical data (such as stores, gas stations, traffic signs, etc) anywhere in the world, with 100% accuracy.It does this through a mobile app and by usin... | 0.722222 | 0.818479 |
a58gty | Poseidon Foundation: CARBON CREDIT MARKETS - What is a Carbon Credit? | One carbon credit is what you get when an emis- sions reductions project avoids the release of one metric ton of carbon dioxide into the Earth’s atmosphere. These carbon credits can then for example be used to off the emissions resulting from running a business, which is why they are also called carbon off There are ... | 0.548878 | 0.096257 | crypto_currency | **Poseidon** platform will be offering a carbon credits that do not exist like that. the carbon credit was created by using emission reduction project and this process involves establishing a project that is validated by accredited organizations and verification parties. | 0.722222 | 0.818479 |
a58gty | Poseidon Foundation: CARBON CREDIT MARKETS - What is a Carbon Credit? | One carbon credit is what you get when an emis- sions reductions project avoids the release of one metric ton of carbon dioxide into the Earth’s atmosphere. These carbon credits can then for example be used to off the emissions resulting from running a business, which is why they are also called carbon off There are ... | 0.548878 | 0.096257 | crypto_currency | I often get asked why I started Poseidon and the answer is one word: purpose. I worked almost two decades in investment banking and I never found true fulfilment. Not even close. I enjoyed the work and the fact that it allowed me to live in 14 countries was definitely in itself very satisfying. But I never felt a deep... | 0.722222 | 0.818479 |
wpqv1i | Are we living in the world’s largest Ponzi scheme? | In the sense that every time the debt of governments gets passed on to the next, who borrow even more and this cycle continues. Won’t this cycle collapse sometime?
* I am using a different meaning for Ponzi btw than the original one. | 5.346107 | 0.378378 | AskEconomics | That's not what a Ponzi scheme is.
Anyway. Government spending (ideally) grows the economy and because of that it can more or less finance itself.
https://fredblog.stlouisfed.org/2018/11/how-expensive-is-it-to-service-the-national-debt/ | 0.439474 | 0.817852 |
l98hd2 | The Nokia conversation. | So who is actually buying Nokia? Who many of those who see this post believe it can moon like GME? I bought 100 shares but I’m just curious to how many people are still trying to make this bread. Please upvote and comment. Genuinely curious | 18.585393 | 0.453765 | StocksAndTrading | Nothing is going to moon like GME. GME is a once in a lifetime situation and nothing is going to touch it for a long time.
BB is actually a pretty solid buy since their cybersecurity and software (especially for EVs) is pretty great. It's a decent long play.
NOK \*might\* be the next AMC because neither is shorted as... | 0.363636 | 0.817402 |
mwvkey | Are landlords "bad"? | Apologies if this question is badly phrased, as I'm not sure the best way to ask this. I'll try to explain. **(EDIT: I've realized that the way I wrote this post, you could argue that this is more of a philosophical/ideological question than an economic one. Perhaps rather than arguing whether landlords are "good" or "... | 4.971955 | 0.353808 | AskEconomics | There are many costs and risks associated with home ownership that people may prefer not to take on. These include risk associated with the price of the house going down, maintenance costs, and costs of buying/selling the house. Depending on the circumstances, renting rather than owning can be a great deal.
Say somebo... | 0.463158 | 0.816966 |
Subsets and Splits
Unique Subreddits List
Lists unique subreddits in the dataset, providing a basic overview of the data's scope.