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Joined 1 year ago
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Cake day: July 13th, 2023

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  • Start saving for retirement now. You can make literally millions by putting away 10% of your income early on. Do it automatically so you never even notice the money gone.

    If you are worried about making the wrong choice and your company doesn’t have a 401k, open an IRA somewhere (Fidelity if you need someone to make the decision for you) and pick a date targeted fund. Set up auto deposit. Never look at the balance.

    You can always make it better later but for now the best thing to do is start. Don’t let analysis paralysis get in the way.








  • You are suddenly super rich. Now all your friends and family expect you to provide for them. Every kindness they offer is suspect, are they doing it because they like you or because they want your money? How can you really know?

    You don’t have to work and can go anywhere in the world. But your friends still have jobs, so you travel alone.

    Some of your friends start to resent your new lifestyle. Others may just be staying quiet. You read about “crabs in a bucket” and distance yourself more from them.

    It’s really isolating, but you meet some other wealthy people and you know they don’t need your money. And… you actually have some stuff in common with them. Yes Ibiza is overrated, but they suggest another place to check out. You go out with them to amazing restaurants that your old friends wouldn’t even appreciate. You can commiserate about how hard it is to get good help these days.

    On top of all that, you slowly start to notice an emptiness inside. You should be happy! You don’t have to work anymore! You have everything you could ever want! Why do you feel this way!?!? Drugs and expensive purchases fill the need momentarily. If try telling your old friends that you’re not all that fulfilled, they’ll pull out the world’s tiniest violin for you. You lack purpose and goals, and feel like you are drifting in a life of luxury completely devoid of meaning.

    If you’re lucky you find a way to have a new purpose in life and accept that the money changed you. If not you spiral and, best case scenario, wind up broke.













  • Netflix bungled this. They could have said “starting on January 1, 2022, no new accounts will be able to share passwords between households.”

    No one would cancel. Some would probably go to a cheaper tier but would keep their accounts active forever. Plus, people who share accounts don’t cancel because their family members might be watching. Netflix’s churn rate would have embarrassed HBO and Disney.

    But no, they are chasing shortsighted, anti-customer gains and now are reaping what they sowed.