Barudak's Wan/Mille: you lakh crore numeracy

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KYOON GRIFFEY JR: Apr 12, 2010; Runner-up, TRP Sack Race 2021/22

Residency Evil posted:

Haha, jesus, for a second there I thought that the guy somehow financed a Camry for $1700/month for 72 months.

shades of Altima Man

# ? Jan 8, 2019 16:44

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# ? Jun 2, 2024 00:04

Risky Bisquick: Jan 18, 2008; PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.; Buglord

SpelledBackwards posted:

The 👏 only 👏 "target date" 📅 you should be worrying 😬 about with our MLM hitting your 💄lipstick 💋/ body wrap 💃 / nail press 💅 / candle 🔥👃 / oil 🍯 / face cream 💆/smoothie 🥛sales goal by the end of the month 📆, hun! 🙌 🙌

It's too bad this is too long for the thread title

# ? Jan 8, 2019 17:14

H110Hawk: Dec 28, 2006

Residency Evil posted:

Haha, jesus, for a second there I thought that the guy somehow financed a Camry for $1700/month for 72 months.

Did you buy that house or not? I need to know which direction to post about it in here.

# ? Jan 8, 2019 17:56

BEHOLD: MY CAPE: Jan 11, 2004

H110Hawk posted:

Did you buy that house or not? I need to know which direction to post about it in here.

dam boi going at him

# ? Jan 8, 2019 18:02

AndrewP: Apr 21, 2010

top trim Accords and Camrys are fast as poo poo

Here�s a bad with money about trying to sell cheap Chinese crap on Amazon:

How to Lose Tens of Thousands of Dollars on Amazon

quote:

In late 2016, McDowell and Bjork stumbled across a podcast hosted by Behdjou and Gazzola, normal guys who claimed they were making thousands of dollars working less than two hours a day on Amazon. The pair promised that anyone could do the same�all they needed to do was pay $3,999 for three months of coaching that would teach them everything they needed to know about the business.

Spoiler alert: they didn�t learn everything they needed to know.

# ? Jan 8, 2019 18:10

BEHOLD: MY CAPE: Jan 11, 2004

Same bullshit get-rich-quick scheme, different platform.

# ? Jan 8, 2019 18:22

brugroffil: Nov 30, 2015; Can't post for 17 hours!

https://twitter.com/oliver_drk/status/1081709607129698305

# ? Jan 8, 2019 18:42

BEHOLD: MY CAPE: Jan 11, 2004

Ben Shapiro will shill any stupid thing he is paid to shill, I am so unsurprised

# ? Jan 8, 2019 19:07

brugroffil: Nov 30, 2015; Can't post for 17 hours!

yeah gwm for amoral shills, bwm for gullible listeners

# ? Jan 8, 2019 19:08

Power of Pecota: Aug 4, 2007; Goodness no, now that wouldn't do at all!

I'm not going to voluntarily listen to Ben Shapiro say anything, but how in the world do you pitch Bitcoin as a hedge against anything when it's eaten such an insane amount of poo poo in the last year? Do they not even acknowledge it?

# ? Jan 8, 2019 19:39

H110Hawk: Dec 28, 2006

Power of Pecota posted:

I'm not going to voluntarily listen to Ben Shapiro say anything, but how in the world do you pitch Bitcoin as a hedge against anything when it's eaten such an insane amount of poo poo in the last year? Do they not even acknowledge it?

It's a hedge against capital appreciation.

# ? Jan 8, 2019 19:40

Nocheez: Sep 5, 2000; Can you spare a little cheddar?; Nap Ghost

H110Hawk posted:

It's a hedge against capital appreciation.

# ? Jan 8, 2019 20:16

Enfys: Feb 17, 2013; The ocean is calling and I must go

BonerGhost posted:

Imagine, if you will:

The year is 2024. The markets have crashed, Wall Street is a wasteland. Executives and traders in tattered suits huddle in the lobbies of banks, terrified of the guillotine mobs, burning whatever they can find to keep warm. The cash and those few who tried to hold onto it were burned what seems like ages ago; the deposit slips were the first to go, followed closely by the HELOC and car loan documents. The citizens have begun to starve as agriculture halted; without farm insurance, the farmers all lost their tractors and combines and have hanged themselves. Silicon Valley, chronically malnourished from Soylent-only diets, fell to an especially virulent strain of flu for which no one was vaccinated. Those few venture capitalists and computer programmers who remained were rounded up and locked inside Starbucks stores to eventually starve while thinking up new ways to disrupt coffee brewing. Las Vegas, with no electricity to run the lights and no tourists to lose their shirts, has been reclaimed by the desert and her desiccated, peeling denizens continue to live in fear of some specter known only as messikins.

The only people still holding to some shred of humanity and civilization are those who walk in ugly, sheer tights, drinking horribly flavored shakes, made wealthy by their investments in whole life insurance, kept sparkling and beautiful with their drop-shipped cosmetics and fingernail stickers.

...If only I'd gotten in early... trembles on the wind

You are a poet

# ? Jan 8, 2019 20:22

brugroffil: Nov 30, 2015; Can't post for 17 hours!

H110Hawk posted:

It's a hedge against capital appreciation.

Power of Pecota posted:

I'm not going to voluntarily listen to Ben Shapiro say anything, but how in the world do you pitch Bitcoin as a hedge against anything when it's eaten such an insane amount of poo poo in the last year? Do they not even acknowledge it?

gonna go a bit c-spam here, but right wing media being a giant grift goes back decades. pound the narrative that you cannot trust anyone but us over and over and over and then sell them endless amounts of bullshit. buy gold! buy silver! apocolypse gardens! brain energy pills! bitcoin!

https://thebaffler.com/salvos/the-long-con

you can skip the first five or so paragraphs that are just about Mitt Romney 2012 as the lead-in to the deeper history, start at the second section "An Oilfield in the Placenta"

e: e.g., par for the course

https://twitter.com/ndrew_lawrence/status/1082735346998222848

brugroffil fucked around with this message at 21:54 on Jan 8, 2019

# ? Jan 8, 2019 20:22

Cacafuego: Jul 22, 2007

AndrewP posted:

top trim Accords are fast as poo poo

I know cause we bought one :getin:

# ? Jan 8, 2019 23:04

Raldikuk: Apr 7, 2006; I'm bad with money and I want that meatball!

Power of Pecota posted:

I'm not going to voluntarily listen to Ben Shapiro say anything, but how in the world do you pitch Bitcoin as a hedge against anything when it's eaten such an insane amount of poo poo in the last year? Do they not even acknowledge it?

The rationalizations I hear about that are to set the time that you're comparing to further back. Sure it ate a ton of poo poo in 2018, but since Jan 2017 it has gone up at an annualized rate of almost 200%!!! Put the time back even further and see even better gains!

Using something as volatile as bitcoin as a hedge against inflation is monumentally stupid anyway though, there are plenty of very safe ways to hedge against inflation. You don't invest in something that you hope will give 200% returns or better as a hedge against inflation either, you do so to try and speculate and win big. I'm not too terribly surprised bitcoiners don't realize that since so many still believe bitcoin is a viable global currency.

# ? Jan 8, 2019 23:26

Vox Nihili: May 28, 2008

Power of Pecota posted:

I'm not going to voluntarily listen to Ben Shapiro say anything, but how in the world do you pitch Bitcoin as a hedge against anything when it's eaten such an insane amount of poo poo in the last year? Do they not even acknowledge it?

Well you see if the banks fail and the economy collapses you'll have a bunch of fake money that you can't use to buy anything other than child porn and drugs or easily exchange for real money. This will put you at a big advantage over those idiots with paper dollars.

# ? Jan 9, 2019 00:34

Vox Nihili: May 28, 2008

Here's a comic made by an alt-right dipshit in December of 2017, demonstrating the bizarre libertarian-fascist worship of Bitcoin:

https://twitter.com/stone_toss/status/941413780625510402

# ? Jan 9, 2019 00:39

Poops Mcgoots: Jul 12, 2010

Vox Nihili posted:

Here's a comic made by an alt-right dipshit in December of 2017, demonstrating the bizarre libertarian-fascist worship of Bitcoin:

https://twitter.com/stone_toss/status/941413780625510402

Is the joke that his hot air balloon never got off the ground?

# ? Jan 9, 2019 00:51

Sock The Great: Oct 1, 2006; It's Lonely At The Top. But It's Comforting To Look Down Upon Everyone At The Bottom; Grimey Drawer

At least the dude stuck living in the wasteland has arms.

# ? Jan 9, 2019 00:55

Phanatic: Mar 13, 2007; Please don't forget that I am an extremely racist idiot who also has terrible opinions about the Culture series.

https://arstechnica.com/information-technology/2019/01/almost-500000-in-ethereum-coin-stolen-by-forking-its-blockchain/

quote:

Attackers have stolen almost $500,000 worth of the Ethereum Classic digital currency by carrying out a compute-intensive hack that rewrote its blockchain, officials with Coinbase, one of the leading crypto currency exchanges, said on Monday.

The heist was the result of carrying out what's known as a rollback attack, which allowed the attackers to reorganize the Ethereum Classic blockchain, Coinbase security engineer Mark Nesbitt said in a blog post. From there, the attackers were able to "double spend" about 88,500 ETC, meaning they were able to recover previously spent coins and transfer them to a new entity. As a result, the coins were effectively transferred from the rightful recipients to new entities chosen by the attackers.

"We observed repeated deep reorganizations of the Ethereum Classic blockchain, most of which contained double spends," Nesbitt wrote. "The total value of the double spends that we have observed thus far is 88,500 ETC (~$460,000)."

Rollback attacks are often referred to as 51-percent attacks, because, in theory, they require an attacker to control a majority of the CPU power generating a blockchain. Such an arrangement violates a core requirement of any blockchain-based currency: it allows a single entity to write the contents of its universal shared transaction history.

# ? Jan 9, 2019 14:52

SpelledBackwards: Jan 7, 2001; I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

Risky Bisquick posted:

It's too bad this is too long for the thread title

Maybe we can abbreviate it

quote:

The 👏 only 👏 "target date" you should be worrying 😬 about is hitting your monthly 📅 sales goal, hun! 🙌

Eh, probably still too long.

# ? Jan 9, 2019 14:57

Krispy Wafer: Jul 26, 2002; I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat; Grimey Drawer

Stealing cryptocurrency is a mixed bag because now you have $500k you can't easily convert to cash that's going to be worth $400k tomorrow.

It's like stealing $500k worth of ice cream in the summer.

# ? Jan 9, 2019 14:58

BEHOLD: MY CAPE: Jan 11, 2004

Watch it turn out that they used up more than $500,000 worth of electricity to rewrite the loving blockchain

# ? Jan 9, 2019 15:06

George H.W. Cunt: Oct 6, 2010

BEHOLD: MY CAPE posted:

Watch it turn out that they used up more than $500,000 worth of electricity to rewrite the loving blockchain

Moms gonna be pissed

# ? Jan 9, 2019 15:34

captkirk: Feb 5, 2010

brugroffil posted:

https://twitter.com/oliver_drk/status/1081709607129698305

BEHOLD: MY CAPE posted:

Ben Shapiro will shill any stupid thing he is paid to shill, I am so unsurprised

I'm not sure he's any more of a shill than anyone else who takes podcasts advertisements. Unless you really think your beloved podcasters really do care deeply about the watch/underwear/meal kit/wine/bed/stamp buying/online learning/investment product/app/service they're reading copy for.

But as for BWM, Birch Gold Group was a regular advertiser with the Shapiro Show because investing portions of your retirement fund in gold and silver is what libertarians masturbate to and Shapiro leans libertarian so he's got a decent number of them listening to his show.

# ? Jan 9, 2019 15:47

The Chairman: Jun 30, 2003; But you forget, mon ami, that there is evil everywhere under the sun

captkirk posted:

I'm not sure he's any more of a shill than anyone else who takes podcasts advertisements. Unless you really think your beloved podcasters really do care deeply about the watch/underwear/meal kit/wine/bed/stamp buying/online learning/investment product/app/service they're reading copy for.

I haven't yet heard any podcast encouraging me to invest my retirement savings into MeUndies and Squarespace

# ? Jan 9, 2019 16:10

BEHOLD: MY CAPE: Jan 11, 2004

captkirk posted:

I'm not sure he's any more of a shill than anyone else who takes podcasts advertisements. Unless you really think your beloved podcasters really do care deeply about the watch/underwear/meal kit/wine/bed/stamp buying/online learning/investment product/app/service they're reading copy for.

But as for BWM, Birch Gold Group was a regular advertiser with the Shapiro Show because investing portions of your retirement fund in gold and silver is what libertarians masturbate to and Shapiro leans libertarian so he's got a decent number of them listening to his show.

If you want to take a stand on how running an ad encouraging your listeners to invest their IRA in Bitcoin is morally or ethically the same as running an ad for socks or underwear that is your right to do so

# ? Jan 9, 2019 16:23

therobit: Aug 19, 2008; I've been tryin' to speak with you for a long time

I think "investing" in bitcoin is worse than "investing" in precious metals by a wide margin. At least with gold you can stick it in a safe deposit box and be reasonably sure it will still be there in a few year time and not stolen by Russian teenagers, and that it will be worth something down the road. You can also use it to bribe a border guard for safe passage to the land of maple leaves. Have you ever tried to bribe a border guard with BTC?

# ? Jan 9, 2019 16:56

Midjack: Dec 24, 2007

therobit posted:

I think "investing" in bitcoin is worse than "investing" in precious metals by a wide margin. At least with gold you can stick it in a safe deposit box and be reasonably sure it will still be there in a few year time and not stolen by Russian teenagers, and that it will be worth something down the road. You can also use it to bribe a border guard for safe passage to the land of maple leaves. Have you ever tried to bribe a border guard with BTC?

I believe we have one documented instance of an attempt. :v:

# ? Jan 9, 2019 17:19

Krispy Wafer: Jul 26, 2002; I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat; Grimey Drawer

People in this very thread invest in small quantities of Buttcoins. It's not the worst thing in the world as long as it's a sum you can afford to lose or that you wouldn't have otherwise invested in an actual regulated option with proven returns.

The problem is people are lovely judges of risk. Investing a $1000 in Buttcoins isn't so bad. But then it pops and suddenly you're taking a second mortgage on your house to buy crypto at $19k a coin because an internet echo chamber says you're destroying your family's future by missing the boat. And then people make threads about you and laugh.

# ? Jan 9, 2019 18:09

Nocheez: Sep 5, 2000; Can you spare a little cheddar?; Nap Ghost

With all the scams, crashes, and other rat-fuckery that comes with "cryptocurrency," I think it's safe to say that touching the poop is BWM.

# ? Jan 9, 2019 18:19

Haifisch: Nov 13, 2010; Objection! I object! That was... objectionable!; Taco Defender

Buying buttcoins is dumb, but generally not life-ruining as long as you realize it's gambling and not investing & act accordingly. And get any winnings out before something crashes, or your exchange of choice steals everything, or it turns out your coin of choice was being pumped up by the easiest to see through scam of all time, or any of the 5 million other things that make buttcoins a really dumb prospect.

99% of buttcoiners think it's an investment, though.

# ? Jan 9, 2019 18:35

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

I bought some as a Why the Hell Not a while back and deeply regret it just because crypo is literally ruining the environment

Don't touch the poop

# ? Jan 9, 2019 19:52

Leon Trotsky 2012: Aug 27, 2009; YOU CAN TRUST ME!*

_{*Israeli Government-affiliated poster}

Just reading the title of this post made me wince.

The OP's meltdown was almost as bad.

The poor guy thinks that a Master's in Psychology or a music career in NYC (which has been unsuccessful for 6 years, so far) will "easily set me up with income in the $100k range."

quote:

Left grad school, $200k in loans, haven't been able to find steady work... should I finally finish my masters?

I was 4 semesters into a doctorate program in psychology, my dad was diagnosed with terminal cancer, and I left school to go be with my family & help etc. Unfortunately, I left before earning my masters, I was one or two semesters away and tried to push through, but ultimately couldn't focus on anything and had to leave.

I didn't return because I wasn't entirely sure that path was what I wanted to do with my life. I'm a filmmaker and musician, so I pursued that path but despite some cool gigs I was never able to find steady enough work to make any meaningful dent in my loans. I WANT to pursue my own independent media, and I am building a business around it that is having some momentum, but I'm not certain it will ever take off, and definitely not sure when.

It's now been 5 years and my wife's education is complete and she is applying for jobs. Currently we're in NYC, we want to retreat to an area with a lower cost of living, but it's a lot harder to find work for me outside of NYC. My therapist has been helping me figure out that finishing my masters is the way to go.

Here's some items of consideration:

Due in large part to depression & anxiety, I defaulted on my loans. I am on a repayment plan. My current psychology treatment is working.

I want to work part-time if possible so I can also build my business alongside finishing school

finishing my masters would actually fit in perfectly with my business plan

Getting my masters would put me in a competitive position for jobs running 60-100k full time

Despite starting to earn a good salary next year, she has to provide for her family & take care of her own loans, so I'm hesitant to basically stop working to be in grad school

One school I looked at would only cover 10 credits, but is a state school so I think I'd be able to get more government loans.

The school I went to may retain more, but it's a different part of the country and would likely mean long distance with my wife, which is doable just not fun.

I also had a very bad experience with my old grad school and would prefer to steer clear, but would suck it up if it's the best financial option.

My biggest concern is taking on more loans. It seems like it's financially sound to take on more loans if it means I can finally get steady work though.

My original school was a private school, meaning I had to take out more private loans as compared to a state school.

I also need to figure out how to calculate my EFC, but would that be different for a state vs. private school?

The newer school, due to a credit transfer cap, would be 2 years full time. I'm looking into the old school to see what that would look like, I'm guessing now 1 year full time.

I already feel a little clearer writing this out. It seems like I need to look at how many credits I'd retain if I went back to the original private school, compared to going to a new state school. And then estimate the difference costs & interest based off that. Am I on the right track?

https://www.reddit.com/r/personalfinance/comments/adyamk/left_grad_school_200k_in_loans_havent_been_able/

Reddit commenters get it in one:

quote:

Hey guys, I have $200k in loans, haven't been able to find steady work... should I borrow a bunch more money?

*stares*

I just used and Indeed search for NYC within 25 miles, entry-level, and $55,000+, and I got 3,931 results. You're telling us that not one of these are going to work for you? There are more entry-level jobs in that town then there are people in the town I grew up in. And, not one will hire you? Not one?

From what I read, it sounds like you're using a Master's to avoid having to work and address the reality of the $200k in insane debt you got yourself into. And you want to play around with this cre8tive thing? You don't have the money to play starving artist. How about you hoof yourself to a trade school, or better yet a paid apprenticeship, and start helping people right now and start making money right now to pay off your debt right now. You're an adult, and it's time you learned that being an adult means that you take care of your responsibilities before you have fun. Get your Masters or run your music on the side, but make sure your family and your responsibilities are taken care of first.

OP says telling him to not borrow more money and to get a paying job is financial fat shaming:

quote:

Funny that you should accuse me of being mean. Do you want to know what was mean? The people in you life who let you get into $200,000 worth of non-bankrupt-able student loan debt for an unfinished degree in flippin' psychology with not even a peep of push-back to you. That was vicious and hateful. I would never allow anyone I cared for to take out $200,000 in loans for such a low-earning degree without warning them of the dangers you're now experiencing. You've surrounded yourself with financial enablers, and they have been very cruel to you.

Frankly, I feel like the diabetes doctor standing over your gangrenous leg screaming "Quit eating cake, fatty! You're gonna die!" while you complain about the bedside manner (as you shovel more cake in.)

Yeah, do you know why doctors don�t do that? Because that�s fat shaming.

You could have, if you had chosen, replied with respect. My question is why would you aggressively shame someone who mentioned they have depression and anxiety?

OP says it is impossible to find a job in New York City and has been unsuccessful in finding a paid position for 6 years.

He decides that the only way to pay off his $200+k loans is to continue with his music career and have his wife pay all their expenses:

quote:

If it's a mistake to pursue my dreams, it's my mistake to make. I have taken a long and honest stock of who I am, and I'm finally done doubting myself that this dream is possible. BUT I just want to figure out how to do so in a financially feasible way.

EDIT: To clarify, I've been TRYING to start my career for the past 6 years. I've been TRYING to just get in the workforce, any workforce. I don't feel like going into details, but trust me that that path hasn't worked for me. To continue on THAT path seems like a mistake.

OP breaks down at people telling him that borrowing $80,000 more in student loans and trying for a music career (which has been unsuccessful for 6 years so far) are both bad options and turns into a Tony Robbins DVD:

quote:

I recognize that /r/personalfinace is not the community to drop that phrase. I'm sure it sounds dumb and naive. Better than pursue your dreams is to "find your limits" I suppose.

I haven't found my limits quite yet, and in terms of if it's a realistic dream or not, there's always going to be people who are naysayers, and people who are encouragers, both for very biased reasons. Kinda like you said, only I get to determine if it's worth pursuing, and at what costs.

I only have one life to live, and if I want to give this "limit" a shot, I have to commit to it.

I left out the behind-the-scenes for that side of things because it seems irrelevant, or at very least no one here would have any meaningful feedback. Essentially, I'm very, very good at the niche I am in, and there is a dire need for it. I am always getting closer to figuring out the finances of that career, I've had some excellent success this year, and I don't want to lose momentum.

I've done FT work, but this other thing is such an obsession I can't just put it off 2-5 years until I'm stable. I'll get up at 5 am to punch out a few hours, which I did with my previous FT work and it was not healthy. It's almost not a choice. If I could give it up, or even put it on pause for a few years, I would.

My financial situation drastically needs to change, though. So the question is, how best will I find financial stability, without giving up? Is it better to work FT for money, and PT for "limits", or finish the masters I started?

quote:

Basically I needed to figure out how to make sellable products that accompany my media. I�m almost done with one and then I enter the marketing phase.

Im a jack is all trades.

quote:

I'm just wondering if being a student part time would allow me to make money to pay for loans as I go and minimize them, rather than wait till the end. Another redditor mentioned that, what do you think?

I like your timeline of budget, that's a super good tip. Using my entrepreneur skills to tackle this

https://www.reddit.com/r/personalfinance/comments/adyamk/left_grad_school_200k_in_loans_havent_been_able/

I really really want to know what type of music career he is pursuing that fits his description:

quote:

I left out the behind-the-scenes for that side of things because it seems irrelevant, or at very least no one here would have any meaningful feedback. Essentially, I'm very, very good at the niche I am in, and there is a dire need for it. I am always getting closer to figuring out the finances of that career, I've had some excellent success this year, and I don't want to lose momentum.

Leon Trotsky 2012 fucked around with this message at 20:30 on Jan 9, 2019

# ? Jan 9, 2019 20:20