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in my old (30) age i've come to the conclusion that people only get their diplomas so they can have weekends and federal holidays off
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Jan 11, 2017 13:38
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Volmarias posted:Oh hey hundreds of posts, I wonder if there was a horse weddi- BWM: Doxxing yourself while discussing professional misconduct. GWM: Humorlessness re: slander of one's business.
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Jan 11, 2017 14:13
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Empress Brosephine posted:in my old (30) age i've come to the conclusion that people only get their diplomas so they can have weekends and federal holidays off That only works for the first one. Seems like you work weekends for almost any job that requires two.
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Jan 11, 2017 14:34
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Accretionist posted:BWM: Doxxing yourself while discussing professional misconduct. The worst thing is that I read the YOSPOS xpost linking here first and then lost my place, so I had to re read a bunch of posts, which is definitely BWM.
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Jan 11, 2017 14:40
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Holy shiiit that's a lot of CJ talk.
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Jan 11, 2017 14:40
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DarkHorse posted:High Earner Not Rich Lowtax Kyanka Yet I was under the impression SA hadn't made money since 2011. I thought the site was still coasting off those Your City's Sport Team shirt sales.
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Jan 11, 2017 14:43
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Krispy Kareem posted:I was under the impression SA hadn't made money since 2011. Doom House residuals
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Jan 11, 2017 15:25
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And Dare accounts.
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Jan 11, 2017 15:28
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Dare accounts are the only accounts with 2017 reg dates. Edit: This will still hold true through July.
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Jan 11, 2017 15:37
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Solice Kirsk posted:Dare accounts are the only accounts with 2017 reg dates. Impossible, I know a new user named Cobra Commander just registered and wasn't Dare.
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Jan 11, 2017 15:38
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This thread needs content, or at least a new derail. Facebook: "As soon as Trump was elected I put half of everything I had in bonds. I'll move the other half after the first of the year." This was posted like within a day or two after the Fed announced a rate hike. I'm a poo poo investor, but aren't bonds already paying out terribly and will lose value as rates go up? Also, the fact the move is split between tax years implies that most of this guys stuff is in taxable accounts, right? I know more about the dude's finances, also from Facebook, that says he shouldn't have much of anything besides an emergency fund in taxable accounts at this stage. At least he probably got the "sell high" part right, through no fault of his own. Real BWM: Don't talk about finances on facebook. It's amazing what personal info people give away by not realizing what you can do with algebra and a couple of facts.
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Jan 11, 2017 15:49
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Some people aren't especially private with their finances. Why is that BWM?
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Jan 11, 2017 15:53
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Back on topic. Remember this guy? https://www.reddit.com/r/wallstreetbets/comments/4z1xi4/yolo_used_a_9k_balance_transfer_offer_to_buy_1750/ AMD is up a pretty fair amount over the last 3 months. Almost 3 bucks a share from his purchase price. Still a lot of risk for $5k in profit (before taxes).
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Jan 11, 2017 15:54
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Krispy Kareem posted:Back on topic. Remember this guy? Case in point (we've discussed this many times, but it warrants repeating): GTAT and then that forum full of people who were patting themselves on the back up until GTAT went bankrupt. Stock was at $10. Then it hit about $20 at its peak, then that forum became an echo chamber of foolishness and hype where they shouted down naysayers. And then GTAT went bankrupt, then got delisted and is now worth... $0.02 cents per share. One of the last posts following the company's bankruptcy: quote:I am one of those that got hurt bad. I lost over 90% of my 25 years of retirement savings. I have still not recovered. I am working on preserving what little I have left for when I try to retire in 2 or 3 years. It looks like I will now have to look forward living off of social security for the rest of my life. But I think I have faired better than other GT stockholders. At least I didn't lose everything. To this day anytime I hear GTAT even mentioned I get a knot in my stomach. It's never a good idea to gamble. But it's an even worse idea to gamble when you're retiring in 2-3 years. melon cat fucked around with this message at 16:26 on Jan 11, 2017 |
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Jan 11, 2017 16:15
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Subjunctive posted:Some people aren't especially private with their finances. Why is that BWM? Some people are really weird about this, my best friend of 18 years, the guy I ran a company with for two years, that started at FB with the exact same package as me, feels uncomfortable talking specifics. Why it's BWM exactly I have no idea.
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Jan 11, 2017 16:25
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Subjunctive posted:Some people aren't especially private with their finances. Why is that BWM? It can be bad with life http://www.philly.com/philly/news/20151014_Man_shot_in_head_during_home_invasion_robbery.html I mean they were being stupid flashy about it, but a guy got murdered over a fake $60k. I wouldn't ever post anything on Facebook related to my own finances.
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Jan 11, 2017 16:29
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melon cat posted:is now worth... $0.02 cents per share. This way of writing it out confuses me. Is it two cents per share, or 0.02 cents per share?
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Jan 11, 2017 16:29
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melon cat posted:Well, he's certainly doing okay. But it isn't a capital gain unless he actually sells off the shares. Some people just wait, and wait for the rise to continue because they like seeing the green + number values go higher and higher. Greed takes over. And then... correction. Then they're holding out on hopes that their dead cat will bounce. I love that forum so so much. It really should be required reading for anyone applying for a brokerage account.
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Jan 11, 2017 16:48
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Krispy Kareem posted:I love that forum so so much. It really should be required reading for anyone applying for a brokerage account. Oh was that the one being considered for making iPhone glass? And people on the forum were driving past the factory to try to get info? Potential upcoming content: bitcoin is down 10% as China plans to investigate the exchanges, to stop capital from leaving the country.
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Jan 11, 2017 16:55
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Folly posted:This thread needs content, or at least a new derail. Yes as rates go up bond prices fall
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Jan 11, 2017 18:30
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pr0zac posted:Some people are really weird about this, my best friend of 18 years, the guy I ran a company with for two years, that started at FB with the exact same package as me, feels uncomfortable talking specifics. Maybe you're not like this but I could see people being resentful of him if say he's advanced faster than you have at FB. I don't tell my friends everything because I probably make more than several of them combined. Why would they need to know that? Nothing good would come of it.
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Jan 11, 2017 19:43
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ohgodwhat posted:Maybe you're not like this but I could see people being resentful of him if say he's advanced faster than you have at FB. I don't tell my friends everything because I probably make more than several of them combined. Why would they need to know that? Nothing good would come of it. Who makes the most has flip-flopped among my friends, and no one is arrogant about it, but feeling jealousy instead of joy when a friend has good fortune is no way to live.
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Jan 11, 2017 19:47
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I mean, yeah maybe it shouldn't be a problem but unfortunately not everyone is that reasonable and I'm not keen on finding out which of my friends actually become resentful of such things.
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Jan 11, 2017 19:53
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My Puritan upbringing says you don't talk about money in social settings. That said, when they started publicizing CEO pay, thinking it would shame people into earning less, salaries went up because now corporate leaders could better compare their pay to performance with their peers. So yeah, keeping that poo poo private does lower pay. Especially for women and minorities. I'm still not going to talk about my pay, but then again I'm a straight White male so I'm already making more than most of you guys.
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Jan 11, 2017 19:55
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Krispy Kareem posted:My Puritan upbringing says you don't talk about money in social settings. It's funny how only people with money tend to have this rule.
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Jan 11, 2017 19:58
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If you have enough money to brag about, then talking about it just attracts leeches and scammers. It damages relationships when I won't buy your MLM crap. At work, I don't want my boss to know that I'm better equipped to weather a layoff than most of my co-workers. I don't want other drivers to know I carry a ton of insurance. Basically, there's almost no advantage to people other than creditors knowing my financial situation, but there are plenty of disadvantages. And people don't seem to realize that when I know the 401k match numbers, and they say "well, match is only worth $972" it means I know exactly what their salary is. Now, sharing salary info with co-workers is another debate. Because that has some potential benefit, and potential harm, once the network gets large enough.
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Jan 11, 2017 20:03
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WampaLord posted:It's funny how only people with money tend to have this rule. Complaining about being broke is a thing all broke people do, but it's best in a group of peers that are all similarly broke. I always say "I have kids and a house so I have no money ever" and everybody else who has kids, a house or both nods in agreement.
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Jan 11, 2017 20:06
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I think we're talking about two very different things. Telling people your net worth is only for tense private discussion, or lovely bragging. Telling people your salary should happen way more often, for the reasons Kareem gave. efb by folly, though I'm not sure what drawbacks they forsee for sharing salary more widely.
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Jan 11, 2017 20:13
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Folly posted:If you have enough money to brag about, then talking about it just attracts leeches and scammers. It damages relationships when I won't buy your MLM crap. At work, I don't want my boss to know that I'm better equipped to weather a layoff than most of my co-workers. I don't want other drivers to know I carry a ton of insurance. Basically, there's almost no advantage to people other than creditors knowing my financial situation, but there are plenty of disadvantages. Doc Hawkins posted:I think we're talking about two very different things. Telling people your net worth is only for tense private discussion, or lovely bragging. Telling people your salary should happen way more often, for the reasons Kareem gave. Jeffrey of YOSPOS fucked around with this message at 20:18 on Jan 11, 2017 |
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Jan 11, 2017 20:15
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Doc Hawkins posted:efb by folly, though I'm not sure what drawbacks they forsee for sharing salary more widely. Getting fired because America is a hell country run by idiots
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Jan 11, 2017 20:49
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Jeffrey of YOSPOS posted:I think this is an intentionally engineered taboo to prevent people from sharing information and reduce their bargaining power. Maybe your friends would realize they were underpaid, and it would be the kick in the pants they needed to get out there and hustle for a better gig? Maybe they'd razz you a bit and tease you about paying for dinner and generally feel good that their friend got something nice? I tried posting about this several pages ago, and whoosh, never again.
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Jan 11, 2017 21:05
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Moneyball posted:I tried posting about this several pages ago, and whoosh, never again. Ahahaha, the thing is it's actually an excellent discussion about how being a minority or woman is BWM because of social norms about how being aggressive about one's compensation is perceived except that it launched a wave of D&D invaders and a spectacular train-wreck of a derail into the information security of our account financials. For me, hearing about the earnings and net worth of others was mostly a kick in the pants to rein in spending as much as I could and to start aggressively contributing toward retirement. I don't know how it breeds resentment among a cohort of people who should be doing the same thing. I imagine it might among people who are much older and have failed to do so, who then might expect you to subsidize their behavior (older relatives?).
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Jan 11, 2017 21:12
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EAT FASTER!!!!!! posted:Ahahaha, the thing is it's actually an excellent discussion about how being a minority or woman is BWM because of social norms about how being aggressive about one's compensation is perceived except that it launched a wave of D&D invaders and a spectacular train-wreck of a derail into the information security of our account financials. If you have the bootstraps mindset, someone making more than you is offensive because clearly they don't try as hard as you do and the only thing that determines compensation is hard work and unions are for suckers
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Jan 11, 2017 21:14
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ate all the Oreos posted:Getting fired because America is a hell country run by idiots Not fighting for universal unionism is BWM. More seriously, that's seems like a possible immediate consequence, but their words were that there was "potential harm, once the network gets large enough." I don't know what the long-term big-scale downside would be.
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Jan 11, 2017 21:22
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Doc Hawkins posted:Not fighting for universal unionism is BWM. Class war maybe?
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Jan 11, 2017 21:28
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If I was rich I'd fund lawsuits against stupid rules like not sharing salaries in hopes companies would appeal verdicts to the point where you'd create legal precedents. Kind of like how the ACLU would back legal challenges to advance Civil Rights. But I don't make 100k/year so I'm not rich.
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Jan 11, 2017 21:45
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Doc Hawkins posted:efb by folly, though I'm not sure what drawbacks they forsee for sharing salary more widely. I might have phrased that poorly. Mostly that shops with publicized salary tend to have more lock-step raises. So still better for most workers and on aggregate, but worse for a few. It's only bad if you consider yourself one of those few.
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Jan 11, 2017 22:02
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Krispy Kareem posted:
Is 100k rich?? 
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Jan 11, 2017 22:06
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Folly posted:I might have phrased that poorly. Mostly that shops with publicized salary tend to have more lock-step raises. So still better for most workers and on aggregate, but worse for a few. It's only bad if you consider yourself one of those few. If you consider yourself one of the few lucky ones who gets more raises you're probably not and the company has duped you into thinking that.
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Jan 11, 2017 22:08
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Moneyball posted:Is 100k rich?? Time is a flat circle.
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Jan 11, 2017 22:08
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