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pig slut lisa
Mar 5, 2012

irl is good


Lots of hot takes itt about sushi quality, and how cool it is to like the good kind instead of the bad kind.

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cowofwar
Jul 30, 2002

by Athanatos

pig slut lisa posted:

Lots of hot takes itt about sushi quality, and how cool it is to like the good kind instead of the bad kind.
Not being able to accurately discern quality in order to inform purchases is bad with money.

Nail Rat
Dec 29, 2000

You maniacs! You blew it up! God damn you! God damn you all to hell!!

pig slut lisa posted:

Lots of hot takes itt about sushi quality, and how cool it is to like the good kind instead of the bad kind.

It makes sense to not overspend for a bad product. And I hate sushi.

MAKE NO BABBYS
Jan 28, 2010

pig slut lisa posted:

Lots of hot takes itt about sushi quality, and how cool it is to like the good kind instead of the bad kind.

Spending $35 for a bunch of kewpie mayo and fake crab meat is bad with money, no ifs ands or buts. That platter looks quite unappetizing, and I say that as someone who sometimes gets those giant baked/fried/five sauce monstrosities that in no way resemble "a slice of fish."

Knyteguy
Jul 6, 2005

YES to love
NO to shirts


Toilet Rascal

pig slut lisa posted:

Lots of hot takes itt about sushi quality, and how cool it is to like the good kind instead of the bad kind.

Around here all sushi places are all-you-can eat. It's expensive, but it's pretty good actually. There are a lot of fried rolls with fancy sauces and such. ^ yes exactly. They are fairly tasty though, if not a delicacy.

However when I was in the Tokyo airport, at a restaurant they had in there, I had the best piece of sashimi ever. It was extremely expensive, but I chose the fattiest cut of Tuna (they had three different fatty grades, with more fat being better). It was one of the most memorable pieces of food I've ever had because it was so good. Nothing I've had stateside has ever compared, to be certain. Maybe around the SF bay area, or just coastal cities they would have something comparable though?

canyoneer
Sep 13, 2005


I only have canyoneyes for you
I think it's funny because it's expensive and their social media bragging of "look how fancy we are!" is misplaced when they aren't very fancy at all.
I only eat sushi prepared from hand-caught fish prepared by blind Japanese monks. :wotwot:

Rick Rickshaw
Feb 21, 2007

I am not disappointed I lost the PGA Championship. Nope, I am not.

canyoneer posted:

I think it's funny because it's expensive and their social media bragging of "look how fancy we are!" is misplaced when they aren't very fancy at all.
I only eat sushi prepared from hand-caught fish prepared by blind Japanese monks. :wotwot:

Well this is what white people have become. All we do is try to live like we're celebrities/royalty.

pig slut lisa
Mar 5, 2012

irl is good


I was poking fun at everyone who ignored the opportunity to ridicule the windfall guy for moving to a new rental house (I assume this is what Knyteguy means and they didn't purchase an investment property), buying a car, getting a freaking impulse-buy exercise machine (how many times is that getting used before it ends up on craigslist?), or even going out to eat at a stupid high frequency in favor of poking fun at the quality of the meal (and subtly demonstrate how they're in the know about the finer things).

Like yes, obviously "it makes sense to not overspend for a bad product". But the particular sushi on the plate in the picture is the least objectionable thing about the whole situation.

e: It's like if we saw something from r/personalfinance about a guy using bitcoins to buy a round of drinks for the whole bar and then we made fun of his taste in beer

pig slut lisa fucked around with this message at 19:06 on Jan 6, 2015

pig slut lisa
Mar 5, 2012

irl is good


Also before the last year gets too far away from us, I'd be curious to see what everyone thought were the highlights of the 2014 Bad With Money season. Here's my nomination: http://forums.somethingawful.com/showthread.php?threadid=3555678&pagenumber=169&perpage=40#post435952039

Nail Rat
Dec 29, 2000

You maniacs! You blew it up! God damn you! God damn you all to hell!!

pig slut lisa posted:

Also before the last year gets too far away from us, I'd be curious to see what everyone thought were the highlights of the 2014 Bad With Money season. Here's my nomination: http://forums.somethingawful.com/showthread.php?threadid=3555678&pagenumber=169&perpage=40#post435952039

quote:

CIGTAT said: ↑
BANKRUPTSY!!!
That is entirely not possible and irresponsible for you to post

i say swears online
Mar 4, 2005

canyoneer posted:

I think it's funny because it's expensive and their social media bragging of "look how fancy we are!" is misplaced when they aren't very fancy at all.
I only eat sushi prepared from hand-caught fish prepared by blind Japanese monks. :wotwot:

I like how whiskey is now the cool and fancy thing to have and spend money on, when it's historically meant for gutter-people like myself.

Factor Mystic
Mar 20, 2006

Baby's First Post-Apocalyptic Fiction

pig slut lisa posted:

Also before the last year gets too far away from us, I'd be curious to see what everyone thought were the highlights of the 2014 Bad With Money season. Here's my nomination: http://forums.somethingawful.com/showthread.php?threadid=3555678&pagenumber=169&perpage=40#post435952039

Nothing's going to beat "truck equity" for me. What a classic.

melon cat
Jan 21, 2010

Nap Ghost

pig slut lisa posted:

Also before the last year gets too far away from us, I'd be curious to see what everyone thought were the highlights of the 2014 Bad With Money season. Here's my nomination: http://forums.somethingawful.com/showthread.php?threadid=3555678&pagenumber=169&perpage=40#post435952039
I definitely agree with this. You could actually see the 5 Stages of Grief manifest itself following the bankruptcy announcement. I'm not trying to poke fun at other people's financial ruin, by the way. But the forum was full of people giving each other bad financial advice while they patted themselves on the back and shouted down naysayers. And despite how screwed over many of them were, a lot of people in that thread are still dispensing/accepting investing advice for other "hot stocks".

melon cat fucked around with this message at 21:53 on Jan 6, 2015

LorneReams
Jun 27, 2003
I'm bizarre

quote:

I don't mean to be insensitive...but why should this make you sell your home? Did you borrow to invest?

quote:

No, but Our savings was for our living expenses. I am the sole caretaker of my son and I had savings for both his future and to care for him. I work but just don't make enough without using some savings. I believed I would be able to sell some of my shares for expenses and keep half long term. Things just haven't worked out and now I have to sell our home and find something more affordable so that I am here for my son. In hind site, I should have never put all my savings and retirement into this. I did, though, and now am realizing that I am left to deal with this. I just wish I hadn't trusted individual who told me not to sell last week. If I had sold at $11, at least I wouldn't have to sell our home.

This is incredible, I can't look away. I'm going to read all of this woman's posts to see the ending because I just can't stop.

I just, just.....can't.

Killmaster
Jun 18, 2002
The final word from that poster:

http://forum.thecontrarianinvestor.com/index.php?threads/gt-advanced-technologies-inc-gtat.69/page-556#post-27423

quote:

Just checking in. Hope everyone here is recouping as best as one can under these circumstances. I spoke with a realtor today and will sit down to draw up papers to put my house on the market this weekend. Still feel terrible in terms of how this will affect my son. I learned a lot about people through this entire process and, sadly, a lot was not good. I have been told that I am way too trusting of people and believe that when someone makes a promise he or she will keep it. I couldn't believe someone would intentionally set out to destroy others without any regard, but it is a lesson learned. A very hard lesson. I want to teach my son he can trust others but it's a challenge as to who he can trust. He can always trust God, me and his sisters! I am blessed with wonderful children and a God who will always love all of us and always speak truth and keep the promises He makes. God bless everyone here and I wish you all the happiest of thanksgiving. The saddest part for me is not being able to take my son to spend this thanksgiving with his sisters, nieces and nephews. Those who set out to deceive and make false promises won't even think about how they have affected us. I leave it to God to speak to them and help them see that it is always best to do what is right, speak the truth and if you make a promise, actually keep it. Just saw a documentary about Enron that I am going to watch. Seems appropriate.

Thesaurus
Oct 3, 2004


pig slut lisa posted:

I was poking fun at everyone who ignored the opportunity to ridicule the windfall guy for moving to a new rental house (I assume this is what Knyteguy means and they didn't purchase an investment property), buying a car, getting a freaking impulse-buy exercise machine (how many times is that getting used before it ends up on craigslist?), or even going out to eat at a stupid high frequency in favor of poking fun at the quality of the meal (and subtly demonstrate how they're in the know about the finer things).

Like yes, obviously "it makes sense to not overspend for a bad product". But the particular sushi on the plate in the picture is the least objectionable thing about the whole situation.

e: It's like if we saw something from r/personalfinance about a guy using bitcoins to buy a round of drinks for the whole bar and then we made fun of his taste in beer

Yes, but what kind of coffee maker--and what quality of beans--does he use? A Keurig? :smuggo: These are the questions we should be asking.

xie
Jul 29, 2004

I GET UPSET WHEN PEOPLE SPEND THEIR MONEY ON WASTEFUL THINGS THAT I DONT APPROVE OF :capitalism:
I don't understand, is the "don't trust people" directed at the strangers in the company who she never met? The forum posters? I get the need to shift blame but it's not like they were taken by a slick monorail salesman or a pump & dump by an acquaintance.

Eugene V. Dubstep
Oct 4, 2013
Probation
Can't post for 8 years!

xie posted:

I don't understand, is the "don't trust people" directed at the strangers in the company who she never met? The forum posters? I get the need to shift blame but it's not like they were taken by a slick monorail salesman or a pump & dump by an acquaintance.

And, except for the patently ridiculous statement about $400 million cash on hand, it's not clear that investors were deliberately misled about the fundamental insecurity of the company. The terms of the agreement with Apple were public (except for a few key phrases), and the debt to Apple was named as a significant risk.

BonerGhost
Mar 9, 2007

Was she or was she not aware of Enron PRIOR to investing her entire net worth into one stock? I think she genuinely believes that people wouldn't lie to get money (even though they never lied, really). That mindset is boggling me right now.

cowofwar
Jul 30, 2002

by Athanatos

NancyPants posted:

Was she or was she not aware of Enron PRIOR to investing her entire net worth into one stock? I think she genuinely believes that people wouldn't lie to get money (even though they never lied, really). That mindset is boggling me right now.

The problem is that most people are cynical and know the rules of the game. Unfortunately some naive people buy a ticket without learning the rules when the stakes are low and everything goes to poo poo for them.

Inverse Icarus
Dec 4, 2003

I run SyncRPG, and produce original, digital content for the Pathfinder RPG, designed from the ground up to be played online.

NancyPants posted:

Was she or was she not aware of Enron PRIOR to investing her entire net worth into one stock? I think she genuinely believes that people wouldn't lie to get money (even though they never lied, really). That mindset is boggling me right now.

It sounds really mean and pretentious to say, but it's the truth: There are some really loving dumb people in the world.

Rudager
Apr 29, 2008

Inverse Icarus posted:

It sounds really mean and pretentious to say, but it's the truth: There are some really loving dumb people in the world.

The GT stuff is the intersection of loving dumb people and people who think they're not dumb because they've made some decent money somehow in their lives.

Rudager fucked around with this message at 01:51 on Jan 7, 2015

cowofwar
Jul 30, 2002

by Athanatos

Inverse Icarus posted:

It sounds really mean and pretentious to say, but it's the truth: There are some really loving dumb people in the world.
Not even our lord and savior Warren Buffet goes all-in on a trade.

Rick Rickshaw
Feb 21, 2007

I am not disappointed I lost the PGA Championship. Nope, I am not.
The only time I'd invest even say...25% of my portfolio in any one stock is if I were doing hardcore insider trading. Like, the CEO was my drinking buddy.

I'm not serious, I'm just using hyperbole to illustrate how stupid those people are.

Rick Rickshaw fucked around with this message at 02:20 on Jan 7, 2015

SiGmA_X
May 3, 2004
SiGmA_X

Barry posted:

You're really putting in a lot of effort in calling this person fat.
TBF the dude looks pretty fat from the hand-pic.

pig slut lisa posted:

Also before the last year gets too far away from us, I'd be curious to see what everyone thought were the highlights of the 2014 Bad With Money season. Here's my nomination: http://forums.somethingawful.com/showthread.php?threadid=3555678&pagenumber=169&perpage=40#post435952039
That was surely a funny! This is my nomination: http://forums.somethingawful.com/showthread.php?threadid=3560557

at the date posted:

And, except for the patently ridiculous statement about $400 million cash on hand, it's not clear that investors were deliberately misled about the fundamental insecurity of the company. The terms of the agreement with Apple were public (except for a few key phrases), and the debt to Apple was named as a significant risk.
Single stock day traders are usually bad with risk assessment and logic...

i say swears online
Mar 4, 2005


That was a serious thread in 2013, not 2014.

pig slut lisa
Mar 5, 2012

irl is good


Looks like reddit is doing their own 2014 retrospective: http://www.reddit.com/r/personalfinance/comments/2ril88/your_biggest_personal_finance_mistakes_of_2014/

Let's check in on the gang:



:barf:

Anza Borrego
Feb 11, 2005

Ovis canadensis nelsoni

pig slut lisa posted:

Looks like reddit is doing their own 2014 retrospective: http://www.reddit.com/r/personalfinance/comments/2ril88/your_biggest_personal_finance_mistakes_of_2014/

Let's check in on the gang:

redditor posted:

where do i start...
online live webcam model porn addiction resulted in the following financial mistakes of 2014...

no contest divorce ($75K)
maxed out credit cards ($25K)
personal loan ($25K)
therapy ($500/month)
inpatient therapy treatment ($15K)
bipolar medication ($150/month)

i do save money by living with my parents now, LOL

wow, what a miserable 2014. it seems even more horrible now that it is posted on reddit. KILL ME. flame away...

I really like the stream-of-consciousness realization that he makes terrible decisions.

BallerBallerDillz
Jun 11, 2009

Cock, Rules, Everything, Around, Me
Scratchmo

Noggin Monkey posted:

I really like the stream-of-consciousness realization that he makes terrible decisions.

That is. . . uh - a lot of money on webcam porn. drat. :catstare:

At least if he blew all that in a strip club, he'd probably be having a pretty good time. I guess he may have been having fun with his webcam ladies but god drat - there are better ways to blow through six figures and still guarantee you end up with a shiny new divorce to show for it. Sheesh.

Anza Borrego
Feb 11, 2005

Ovis canadensis nelsoni

The Nards Pan posted:

That is. . . uh - a lot of money on webcam porn. drat. :catstare:

At least if he blew all that in a strip club, he'd probably be having a pretty good time. I guess he may have been having fun with his webcam ladies but god drat - there are better ways to blow through six figures and still guarantee you end up with a shiny new divorce to show for it. Sheesh.

And that's just the collateral damage, he doesn't even address what he might have spent on cams. Ugh. Creepy AND bad with money.

Peggotty
May 9, 2014

Noggin Monkey posted:

And that's just the collateral damage, he doesn't even address what he might have spent on cams.

Probably a significant portion of the $50k credit card / personal loan debt.

jaymeekae
Aug 30, 2003

I sound hot when I swear my f*cking head off.

Noggin Monkey posted:

And that's just the collateral damage, he doesn't even address what he might have spent on cams. Ugh. Creepy AND bad with money.

I'm guessing the credit card debt includes the cam spends

Rudager
Apr 29, 2008

The Nards Pan posted:

That is. . . uh - a lot of money on webcam porn. drat. :catstare:

At least if he blew all that in a strip club, he'd probably be having a pretty good time. I guess he may have been having fun with his webcam ladies but god drat - there are better ways to blow through six figures and still guarantee you end up with a shiny new divorce to show for it. Sheesh.

Seriously, if you never watched the donations given to some of the cute young girls (most of which are Asian, which probably helps a bit too) streaming to <100 people on twitch, you should, because it's the saddest thing ever watching these guys throw literally thousands upon thousands of dollars at them in desperate hopes of recognition and attention.

And they're not even getting their kit off, so I can only imagine what it's when they can buy a look at their boobs.

ploots
Mar 19, 2010

reddit posted:

I went through a severely irresponsible time, paired with a whole bunch of medical bills. I have 13 accounts currently in collections. I thought I was doing better on it, as 3 were recently removed (meaning the statute of limitations likely lapsed), but 2 more have just been added. I'm obviously horrible with finances, but I'm getting married in May and we would like to buy a house. I desperately want my credit to improve from my current score of 593. My future husband has stated before that he is worried my low score will negatively impact us in the future. My current debts, accordingly to Credit Karma are: $5, 651.00. Many of these debts are small and easily resolved. Others, I'm sure that I could call and try to settle with them. Any tips for starting out? What is the best way to tackle this? I have some savings and some disposable income, but we also have a wedding coming up, and recently bought some furniture (in his name) that I am contributing to, which was a necessary purchase. Other than that, we are not very spendy and working on paying off our car and his student loans.

Please let me know if any of this is inappropriate for this sub. Obviously I'm completely financially incompetent and I have a really hard time keeping track of medical expenses that are constantly piling up (almost all of my collections accounts are medical), but I want to fix that.

tl;dr: 13 open collections accounts. $5,651.00 in debt.


Honestly I'm surprised their score is so high with so many accounts in collections.

another reddit posted:

Just started University in Australia, i have less than 2k in my savings account. What can i do to expand the amount ? Working a part time job is not an option. I've got no time. I'm thinking of trading and stuff. Maybe Investment ?? But, what can one invest in with so little money ?

Feel free to suggest

...

I've got 2-3 years and i need to make around 20k+ to pay off some fees and stuff.


ploots fucked around with this message at 13:10 on Jan 8, 2015

Weatherman
Jul 30, 2003

WARBLEKLONK

turevidar posted:

Honestly I'm surprised their score is so high with so many accounts in collections.

I know it's the lowest-hanging fruit but how does one have not time for a PT job (in Australia, which means you'll get $22+/hr) but has time to spend all day on their PC "trading"?

Antifreeze Head
Jun 6, 2005

It begins
Pillbug

Rudager posted:

Seriously, if you never watched the donations given to some of the cute young girls (most of which are Asian, which probably helps a bit too) streaming to <100 people on twitch, you should, because it's the saddest thing ever watching these guys throw literally thousands upon thousands of dollars at them in desperate hopes of recognition and attention.

And they're not even getting their kit off, so I can only imagine what it's when they can buy a look at their boobs.

I always assumed the large transactions were money laundering transactions from credit card scammers.

MickeyFinn
May 8, 2007
Biggie Smalls and Junior Mafia some mark ass bitches

turevidar posted:

Honestly I'm surprised their score is so high with so many accounts in collections.

Why do people only seem to want to get their poo poo together just before marriage? Is this the cram session philosophy of life? Goof off and gently caress around until the last minute, work really hard for a short while (or not!) and the pray for the best.

xie
Jul 29, 2004

I GET UPSET WHEN PEOPLE SPEND THEIR MONEY ON WASTEFUL THINGS THAT I DONT APPROVE OF :capitalism:
Often because people don't actually talk about these things before marriage comes up and then it hits them over the head, or their partner starts talking about life-things. Or just because people have it in your head that you must buy a house after being married otherwise you're unsuccessful/losers. The idea of being a provider, or the reality of someday becoming a single income home if they want to have kids.

There's a lot of weird, hard to account for pressures when it comes to marriage/home ownership that come from the cultural side of things, not financial. But I'd say in general that many people don't independently change/grow up until they have a specific reason to.

Rick Rickshaw
Feb 21, 2007

I am not disappointed I lost the PGA Championship. Nope, I am not.

MickeyFinn posted:

Why do people only seem to want to get their poo poo together just before marriage? Is this the cram session philosophy of life? Goof off and gently caress around until the last minute, work really hard for a short while (or not!) and the pray for the best.

A lot of single people are complete financial train-wrecks. Some of these people clean up quick when they get into a relationship, but many couples remain train-wrecks until they get married and reality sets in.

Then the long uphill climb begins. This is how people become slaves in the developed world.

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epenthesis
Jan 12, 2008

I'M TAKIN' YOU PUNKS DOWN!
People in NYC may be interested in Ben Rimalower's solo show Bad With Money, running at The Duplex through February. His story is a little on the hairy side even for this thread, starting with the familiar "blowing your entire paycheck on junk" episodes but eventually getting into prostitution, drug/alcohol addiction, and embezzlement. Outside of some harrowing stretches on those topics, it's actually pretty funny (though a high tolerance for musical theatre references helps).

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