nightscout

nightscout , 4 months ago

1. Started a small mutual fund and retirement fund when I was just starting out and still in undergrad. I did not have much and was fully self sufficient. But someone came to my job and showed us how retirement plans worked and convinced me to start one. Same with a mutual fund. I never put more than $20-$40 in each because I didn’t have much but boy did that pay off.
2. I purchased a small condo in the city with some of the money I put away in #1. Just sold it recently (20 years after purchasing it; lived in it for 5 years, rented it out for a profit for 15 years). I made a lot of money off that sale. More money than I’ve ever seen at once.
3. My spouse and I have always lived below our means. Now we’re not frugal - we go out for nice dinners, travel, have kids. We also have good jobs. But, when we purchased a house we could have afforded to get one that was $600k and instead opted for a smaller townhome in a nice neighborhood for almost half the price. Living this way has paid off more than I could have ever imagined. Both of us don’t have to work. We travel whenever we want. We could technically both stop working in our 40s/50s and probably be fine. It’s a feeling of freedom. We’ve never over-extended ourselves. When our colleagues and friends were buying expensive homes and expensive cars and extending themselves, we just didn’t do that.

nightscout , 10 months ago

To understand why this is happening, you have to go back in history to the end of the slave trade. When the ability to kidnap people from Africa and bring them back to enslave them was legally ended, the white enslavers realized that the only way they could keep slavery going was to force people to breed more slaves. Google that history. It is utterly abhorrent but necessary to understand where the Republican Party is coming from today.

Since the end of slavery, a certain contingent in the U.S. has never gotten over the fact that they couldn’t legally have a sub-class of citizens that they could use for free or nearly-free labor. So they kept trying to find other ways to keep people oppressed, and they expanded that oppression beyond just black people and to any of the “less desirable” groups. Think not just Black people, but also Irish, immigrants, Appalachia. They pit these groups against one another because divided people are easier to control. But the goal is the same - have large groups of people poor for generations who have no other option but to work for slave wages and keep the people at the top very, very rich.

Slavery in the U.S. was a huge economic force, one that a certain contingent (the very wealthy) never got over losing. The next best thing was to create whole groups of people who are desperate enough to work for almost nothing. That’s what we have in this country now. And it works best if those people are constantly putting out more children. That keeps them even more stuck and more desperate, and it keeps a steady supply of cheap labor coming.

It’s no coincidence that they want abortion ended but also want to ensure those same people are continually subjected to sub-standard education, that those same people are “allowed” to send their kids to work (defeating years of progress through child labor laws), that those people are also unable to access higher education, government benefits, or virtually anything that could potentially make their lives better.

nightscout , 10 months ago

Yes, I have observed this and it is very frustrating. In many cases, these “articles” are opinion pieces being circulated by those with a financial interest in commercial real estate (or someone carrying the water of someone who has such an interest). Those who have any sort of financial interest in commercial real estate are going to be against remote work for obvious reasons.

Cities and real estate moguls arguing that people have to engage in an absolutely fruitless, draining, exhausting, expensive commute to keep a handful of people rich. They want to punish you to keep some elite people rich.

What needs to happen is workers need to fight back as much as possible. If your job can be done remotely, make it a priority to work for a company that allows you to do your job remotely. There’s NOTHING about my job that requires me to go into an office. I have worked successfully at home for many years and if my organization required me to come in, I would do everything I could to leave and find something else that allowed me to telework. If you’re looking for a job and have the luxury of being a little bit choosy, let recruiters know you will ONLY consider remote options.

Anecdotally, I think these opinion pieces are way overblown. My spouse was recently contacted by a recruiter about a job. The job was not remote and my spouse told the recruiter they would only consider remote-only options. The recruiter sighed and said, “That is what I keep getting told.”

nightscout , 10 months ago

The thing is, they are only uncomfortable with it because some fascist politician is telling them to be uncomfortable with it. I am a same-sex married person with children. When people are face-to-face with a regular person like myself who happens to be married to someone of the same gender and has kids, most people actually have very little problem with it. But then some politician feeds them lies, lies that are then propagated on Facebook or Twitter, and suddenly they have an issue with the concept.

What is happening in Italy terrifies me. It’s terrifying because it is the same slippery slope Russia went down and the same slippery slope we’re heading down in the USA. We’re watching it happen in real time with kids who are transgender. The GOP is not stopping there. They have already shown they are a full-on fascists. They will not stop until the USA is their authoritarian utopia.

nightscout , 11 months ago

I can’t imagine not using a password manager. I am a long-time user of 1Password and have been very happy with the service and apps. I recommend it to everyone. Worth every penny and then some IMO.

nightscout , 11 months ago

This only makes sense when you understand that he’s intentionally trying to destroy Twitter.

nightscout , 11 months ago

IIRC, causing its value to plummet is the easiest way for him to get out of this whole fiasco via bankruptcy (remember, he was basically forced into buying it). He played a stupid game and won a stupid prize and now he’s desperately trying to find a way out.

nightscout , 11 months ago

That’s exactly why. He didn’t want to go through with JT and I think devaluing the company might be a way for him to get out of it via bankruptcy. I remember reading that somewhere and thought it made the most sense. He’s a dude with a lot of money (at least on paper) and I’m sure he has people with a decent amount of financial acumen advising him what to do or at least trying to steer him in the right direction. I don’t think it’s any 6D chess or anything, just finance and tech bros playing finance and tech bro games.

nightscout , 11 months ago

I don’t recall the specifics of the one article I read about this, but yes, I think being able to declare bankruptcy gives an out for at least some of the debt. I believe there was also some way that doing so protected Tesla but can’t recall exactly how that worked.

This just doesn’t seem like a “he’s just bad at running a company” situation. A company of Twitter’s age and maturity could have run itself for quite some time if Elon just let it continue on. He’s doing this intentionally for some self-serving reason.

nightscout , 11 months ago

A lot of this has more to do with the mindset people approached Twitter with than the service itself. Honestly, I always approached Twitter the way you describe Mastodon here. I just wanted to find people who had interests similar to mine and connect with them, as well as find interesting news. Maybe that’s why moving from Twitter to Mastodon has been to seamless. Just a lot less anger and hate on Mastodon from what I’ve experienced. A much nicer atmosphere.

nightscout , 11 months ago

Yes people forget that. They also forget how people said Twitter was too difficult or “techie” for the average user.

nightscout , 11 months ago

I like mastodon but the content you see is only driven by two things: the people you follow and the hashtags you follow. Basically, you follow people and hashtags to effectively create your own “algorithm.” Once I understood this and really made an effort to follow both people and hashtags that interested me, my Mastodon feed became way more interesting than my Twitter feed.

I also like the quality of the interactions better on Mastodon. Because of how the whole thing works, you’re not going to get bombarded with horrible stuff in most cases (at least the chances seem to be far less for that kind of thing happening).

But it definitely takes more time and energy to curate compared to Twitter.

nightscout , 11 months ago

Reddit is only valuable because of the content users provide. If you don’t post valuable content, the site is worthless. Reddit can force subs back open, but they can’t force users to submit the content that makes the site valuable to begin with.