Addiction 2022.3
#951
Klaatu..Verata..Necktie?
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There are some words that are funny. "Gambling" is one - is poker gambling? What if it's just friends playing for fun? For pizza money? A tournament with a set buy-in? If a poker tournament with a set buy-in is gambling, how is entering, say, a chili contest with prize money not gambling?
Investment is probably the worst - there's a very vocal group (especially online) that wants it to be strictly for financial appreciation. And before anyone gets and comes at me with "but dictionary.com says...", I know what it says. Even with the archaic definition you can see that the macro scope is "allocation of resources", as we will often talk about "investing" time or effort into something. A car is an investment, inasmuch as it is certainly an allocation of resources. It can even be financial if it lets you get to work. It's very unlikely to appreciate as an asset (and you don't want to try to predict those that will), but the "that's not an investment" crowd drives me up the dman wall.
Investment is probably the worst - there's a very vocal group (especially online) that wants it to be strictly for financial appreciation. And before anyone gets and comes at me with "but dictionary.com says...", I know what it says. Even with the archaic definition you can see that the macro scope is "allocation of resources", as we will often talk about "investing" time or effort into something. A car is an investment, inasmuch as it is certainly an allocation of resources. It can even be financial if it lets you get to work. It's very unlikely to appreciate as an asset (and you don't want to try to predict those that will), but the "that's not an investment" crowd drives me up the dman wall.
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#952
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Speaking of hawks, as I was swooping down a hill in Woodside yesterday afternoon, at the point where my speed reaches the maximum just before a narrow bridge, something swooped down from my left and right in front of me, maybe 6' from my front tire, about the height of the axle. Once it was past, my brain processed the images and I realized it was a Red Tail that almost took us both out.
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#953
Klaatu..Verata..Necktie?
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#954
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They have a bad habit of disregarding any threat from elsewhere once they’ve locked in on their prey. We have a major 4 lane interstate highway nearby where they love to congregate and hunt the trapped rodents in the median. However they occasionally get killed by vehicles when they takeoff too low.
The funny thing is, though, that Rango has gotten out of the yard twice, and both times all he did was walk down the street to visit his friend Pepper, the Chihuahua, who lives two doors down.
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"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#955
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Gambled as in provided my service in hopes of getting money in return. Can't control what the client will do even though we have a contract requiring them to pay.
Curios, for those who think the stock market is a gamble, where do you invest your money?
Curios, for those who think the stock market is a gamble, where do you invest your money?
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#956
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Curios, for those who think the stock market is a gamble, where do you invest your money?
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"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
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#957
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No, asking where people who shy from the market put their money. CDs and money market offer no potential return right now.
#958
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#959
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#960
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#961
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How about Theranos? And I'm hearing good stuff about Enron......
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"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
"Don't take life so serious-it ain't nohow permanent."
"Everybody's gotta be somewhere." - Eccles
#962
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#963
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Funny. I recently watched an old episode of Real Sports about El Salvador and how an American surfer had started the crypto craze in a small town there and eventually the country switched their currency to Bitcoin. The president and the American were all gung ho but the locals were very skeptical.
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And yet if you think about the word "investing" for anything other than stocks and bonds, there is an army of keyboard warriors ready to morally judge you. Trust me.
#965
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1) It gives an extra half-year, on average, of appreciation on each year's contributions. Investing earlier is better, so I'm doing it six months earlier each year.
2) With my constant (irrational) fear of being fired (just had a very positive mid-year review, likely to get that promotion and raise EOY if I don't divert to kept-man status), getting my contribution done earlier is a hedge. If you aren't working, you can't contribute, so you risk not filling it up on a year you don't finish out working. Not likely to be an issue for you, of course.
It's the same with adding extra withholding to make sure you get a refund. Now I get to have fat paychecks and feel good about spending some, because my retirement account is taken care of. It's not 100% rational, but makes things easier emotionally.
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#966
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#967
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#970
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#971
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#972
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Todays group ride in Charlotte was intense. No matter how strong I get, there’s always more riders to make me feel weak. Anyways, the group was good, super fast. I’m not familiar with the route so at times a pack would break away. I’m like a dog chasing a car and everytime I would chase them down worried that this would be where I got dropped. Well those efforts blew me up pretty bad. Once I realized they were just sprinting at random spots and regrouping I started to hang in the back. 15 miles in the pace line really started to form. I had been behind this guy who had been at the back the whole time and it was his turn to pull. He dialed it up and I made the mistake of following. We were doing like 34 mph, I don’t have a HRM but I am sure I was redlined. We get to a roundabout and he peels off, on the other side is a hill. My turn to pull and I knew I was in a bad spot. Blew up instantly and the pack flew by me. I was pretty angry with myself. Some others were dropped as well so we got together and made it to where the rest of the group was stopped. We regrouped and they split the pack. It was my choice on who to go with so I chose the faster group. Was able to hang until the last spring. I didn’t know it was the end of the ride or I would have made a better attempt to stay with them. It was an awesome ride. Hope to do it one more time before I leave Charlotte. Riding in the morning def, affect me but I felt pretty strong over all. I really wish I had a power meter and a hrm, I’m pretty positive my FTP would have increased as well as my VO2 max.
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Same here. I usually get within a few hundred bucks. Nice little Christmas present in the last check.