Stocks, Investing, Gambling, Bitcoin .etc

Look, I’m not a fucking broker or a hustler, okay? I don’t care that you keep running around telling me or others to go waste our time and money to put into markets that can be incredibly unpredictable. It is all about luck, chance and risk. Things most wouldn’t want to put themselves on the line over even if they were down next to nothing. They’d rather buy lottery tickets.

    • friend_of_satan@lemmy.world
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      6 months ago

      Oh. My. God. Can fucking apps learn that when I say “block” and “less like this” I fucking mean it? Don’t show me fucking anything about baseball, soccer, tennis, basketball, and especially not American football. I AM NOT YOUR TARGET AUDIENCE.

      Also, I have to block a large fraction of my social feeds at certain times of the year because all they talk about are sports.

      • TheHotze@lemmy.world
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        5 months ago

        I had a few years when the ad algorithms decided since I am in my 20’s surely I’m a parent, then just bombarded me with diaper ads no matter how much I blocked. I wonder if they found some tidbit of info about you that is common among sports fans.

    • akakunai@lemmy.ca
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      6 months ago

      I spent >10 years of my youth playing a sport competitively. I don’t think I ever watched a professional game to completion. Unlike pretty much all my teammates, I just could not have cared less.

      Play the sport myself? Fun, sure! Watch someone else play? Uh, why?

      I think it’s great that people enjoy watching sports. I dunno why but it just bored the hell out of me.

      • snownyte@kbin.socialOP
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        6 months ago

        “Lost muh marriage”

        “Lost muh job”

        “Lost muh car”

        “BUT AT LEAST THEM BEARS WON! WOOOOOOO!!!”

  • Son_of_dad@lemmy.world
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    6 months ago

    The economy.

    I’m a laborer. When the economy is bad, my cost of living goes up and the price of food goes up.

    When the economy is great, my cost of living goes up and the price of food goes up.

    The only people affected by a positive economy seem to be the people wealthy enough to have stock portfolios and large shares in corporations. It doesn’t affect me as a laborer in any positive way ever.

    • snownyte@kbin.socialOP
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      6 months ago

      That’s quite frankly how it’s designed. Capitalism favors no one but those that have built it and continue building on it.

    • knightmare1147@lemmy.world
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      6 months ago

      Whenever I hear the word ‘economy’ I replace it with ‘rich people’s yacht money.’ I feel that clarifies a lot of my opinions on the matter.

    • tal@lemmy.today
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      6 months ago

      So, two points.

      First, I’d encourage anyone to save. And as a place to keep savings, the market has done pretty well as to long-term returns. Having money in a portfolio isn’t incompatible with working for a living.

      https://www.fool.com/investing/2021/10/31/what-would-happen-if-you-invested-100-a-week-in-th/

      Let’s take a hypothetical investor named Annie as an example. At 25 years old, Annie has just landed her dream job as a chef, with a starting salary of $30,000 per year. She knows she may never make considerably more than that, but she doesn’t care – she loves her job! She also loves the idea of eventually retiring, though, and because the restaurant she works at doesn’t offer pension or retirement benefits, she knows she’s going to have to make that happen on her own. Living modestly, she’s able to set aside an extra $100 per week, putting that money into an S&P 500 (^GSPC 0.70%) index fund that conservatively returns an average of 9% per year.

      How much will Annie have at the end of just 30 years? Incredibly, somewhere around $790,000.

      Surprised? This is even more surprising: If Annie can keep finding that extra $100 per week for another 10 years, she’ll be sitting on roughly $2 million at the end of that 40-year stretch.

      If she retires at 65, and you figure 2% inflation and use their 9% pre-inflation return, those savings generate a post-inflation maybe $140,000/year for her to live on without cutting into the portfolio in real terms.

      But, okay, second, set investment aside. Let’s just say “does the economy matter”?

      Like, if there’s a recession, GDP contracts. I’m pretty sure that a lot of people look at that and say “Well, that’s just some abstract number. It’s got no effect on me.”

      Inflation, on the other hand, clearly causes prices to rise.

      I was looking at a poll from a bit back talking about how most people – especially in Germany and the US, two of the three countries polled – deeply dislike inflation. They would much rather have a recession than see high inflation.

      In general, economists are going to go the other route. They’ll say that recessions are really bad.

      So, during Biden’s (and Trump’s, during COVID) time in office, a number of policies were made (not necessarily by them) that tended to avoid recession, but encourage inflation.

      Polling shows that people were unhappy with Biden on the economy, because high (well, as the US goes) inflation showed up during his time in office.

      Biden kept quoting figures that are generally considered to be very positive. Low unemployment, for example. But…there was that inflation.

      When GDP drops – and a sustained decline in GDP is what constitutes a recession – it’s indicating that there’s less economic activity going on. What that tends to represent is a lot fewer people working – a lot of layoffs. Companies going under. Maybe furloughs or reduced hours, in some cases. The impact there is that a lot of people have their income go away or be cut, a lot of things get upended.

      With inflation, on the other hand, wages are sticky, tend to take a while to catch up, but do catch up. There aren’t huge job losses. Things more-or-less keep moving along as they were.

      I don’t think that Trump or Biden would have acted wildly different on the matter. You could swap their periods in office, and both would have followed their recommendations, which would have been to favor policy that encouraged inflation and avoided recession, though then the inflation would have shown up when Trump was in office. They’re not doing it because the economists advising them have some special love of having Americans pay higher prices, but rather because they’d consider that preferable to a recession and the problems that accompany that. Also, neither drives the Federal Reserve, which is what adopted an important chunk of that inflationary policy. In the absence of the pandemic, neither would have wanted inflation – it’s not that high inflation is desirable, just that it’s preferable to the alternative of recession.

      • Son_of_dad@lemmy.world
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        6 months ago

        You lost me at “save”. Save what? Pocket lint? Nobody has the funds for savings anymore. I used to put aside a few hundred bucks a month 10 years ago. Now I can’t even afford my entire month’s expenses, let alone save any money.

        • ameancow@lemmy.world
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          6 months ago

          Yeah also stopped there.

          The commenter above was making that very point, that it’s so worthless to give us financial advice and knowledge of the economy when a large portion of Americans are scraping together their last nickels to pay their water bills or their electric bills and not always both. Most people don’t have a savings that can withstand a minor home emergency or health problem, investing or saving with intention is almost impossible for millions of people.

          The funniest part here is that the commenter got a lecture about the economy anyway.

      • colforge@lemmy.world
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        6 months ago

        Save WHAT? The gas station takes their bit so I can get to work. The grocery store takes their bit so I can eat to have energy to work, and so I can feed my child. The phone company takes their bit so my boss can keep in touch with me when they want to. The insurance companies take their bits so I can say that I’m insured and have the right to drive, and to put myself deeper in medical debt if anything goes wrong. The landlord takes his bit so I can have a roof over my head. Disney takes their bit so my kid can have her favorite movies and shows on demand because that’s one thing I can give her. And now my coin purse is empty until my employer gives me my bit again. Where do the savings come from, oh wise one?

  • Kongar@lemmy.dbzer0.com
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    6 months ago

    Social media. Both personal (instatwitface) and business (LinkedIn). Lemmy is as close as I get, and to me this is just a modern forum.

    In my opinion social media has done nothing but make people stupider, and I want nothing to do with it. (It’s probably just a sign I’m old now - “get off my lawn!”)

    ;)

    • Hucklebee@lemmy.world
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      6 months ago

      Interestingly, I think people like you and me use Lemmy because one of the same underlying reasons as social media people:

      Either:

      1. Endless amounts of stuff that speaks to your interest. (With us it’s stuff like technology. On Social media, people are “interested” in what others are up to.

      2. Getting likes/dislikes. Even though likes aren’t important on Lemmy, I notice in my usage that I do subconsciously get the same dopamine hits jf a post gets liked a lot, just like Social Media does. It’s less aggressive on Lemmy because you don’t get alerts for it, but it does factor in on engagement.

      3. Engaging in conversations/discussions with other people.

      4. Sharing things you find interesting yourself

      The content might be different, but the underlying principles are really close. Social Media is actually really close to how forums work at it’s core.

      But I know this is an unpopular opinion. And no, I wouldn’t call Lemmy Social Media per se. But the line is more blurry than I’d like to admit if I look at my time spent with Lemmy.

      • Kongar@lemmy.dbzer0.com
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        6 months ago

        1,2,&4 yes.

        #3 not at all for me. I miss the old days of the internet where there were discussion forums on usenet / then replaced by somewhere forums. Many of my favorite forums are dead. I’m hoping Lemmy takes off that way and brings back a bit of the niche underground internet.

        /shrug

    • the16bitgamer@lemmy.world
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      6 months ago

      I too do not understand social media. The best I get is it’s about people shouting into a void and hoping someone else heard you to interact with it, by repeating it, liking it, or shouting back at you.

      Hashtags are the only way to organize these posts and you need to add them or no one else will hear your shouts into the void.

    • dkc@lemmy.world
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      6 months ago

      AI for me as well. I’ve played with it a little and it’s kinda fun. Every company is pushing AI now including in areas where it doesn’t make any sense or is many years away from being useful. I’m also seeing a lot of developers being assigned to use AI without any directions on what to use it for.

      I’m far enough along in my career I don’t need to worry about being replaced by AI. If it’s ever good enough to take my job I’ll be happily retired writing software for fun and living my life without AI. I just don’t have any interest.

  • neomachino@lemmy.world
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    6 months ago

    The beach, I couldn’t give less of a bother about going to lay on some burning sand, occasionally dipping my toes in some freezing fish piss water, and getting pelted in the face with sand as a bunch of kids run by kicking up every speck of sand they touch while their parents are getting shitfaced and blasting music no one else wants to hear.

    Put me in a secluded lake in the woods with some shade near by and I’m all in though. I guess more specifically my issue is with the people at the beach, but still.

  • monsterlynn@kbin.social
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    6 months ago

    Renting forever. Yeah, I’d like to own a house, sure. But on the other hand, I don’t have to remove snow from my place, I don’t have to pay a repair guy to fix stuff when it’s broken, don’t have to mow the lawn, or maintain the swimming pool. If I have problems with my neighbors, I can complain to management and they’ll handle things discreetly without singling me out or involving me.

    I suppose it depends on where you live, and what you’re paying, but while it’s not entirely ideal, it’s also not awful.

    • JoshuaFalken@lemmy.world
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      6 months ago

      Seems like you’re describing renting in an apartment complex or similar. Not exactly an apples to apples comparison to owning a single family home.

      Not that you’ve raised bad points. Renting does have the benefits you’ve described, though lawn care in my experience is hit and miss. The issue is getting these benefits must cost something. So long as having them doesn’t mean the rent is double the mortgage, then it’s worthwhile.

      Otherwise, renting is just another more expensive option for all the people that can’t afford the upfront cost of getting into the housing market.

    • Miaou@jlai.lu
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      6 months ago

      Which country? In France and Germany tenants are expected to do all of that by themselves. On top of financing their landlord’s cocaine, of course.

      Edit: actually in Germany it’s often the opposite, landlords will tell you about how difficult it is to own a place while sucking your blood off. Shitty country

    • snownyte@kbin.socialOP
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      6 months ago

      One would love renting because they’ve managed to find the sweet spot that is an area where things are relatively quiet and peaceful. Management actually cares. Tenants keep to themselves. Things are relatively retained in condition.

      But if you’re living in a complex opposite of that, yeah you’ll hate everything about renting. Tenants who make you wonder how they scrounge enough money to pay monthly rents with how they behave. Management who you wonder how they keep their jobs with how they handle things and allow said problematic tenants to come rent from them. You’ll be getting e-mails of management telling you “oh, package room has to be monitored now because package theft is now a problem” or “we’ll be closing the pool down for the rest of the season because children and tenants can’t behave”

      And just a bunch of other issues.

    • thorbot@lemmy.world
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      6 months ago

      I shovel the driveway when it snows, takes 20 minutes and is good exercise. I don’t pay a repair guy to fix stuff, I do it myself. I mow the lawn once a week and it’s a nice chance to get outside for half an hour. I don’t maintain a swimming pool since I don’t have one. If I have problems with my neighbors I make them brownies and talk to them. And all the money I pay into my mortgage is going into an asset, not some other fuckstick’s pockets.

      • BadNewsNobody@lemmy.world
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        6 months ago

        “Babe I really love you. Like REALLY! What could possibly make our relationship better? OH I KNOW! LET’S GET THE GOVERNMENT INVOLVED!!!”

        • nilloc@discuss.tchncs.de
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          6 months ago

          You can get a deal on taxes and healthcare if you live in the US, it’s literally why my wife and I married.

          We’re still happy like before and It’s been 19 years.

  • ouRKaoS@lemmy.today
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    6 months ago

    Celebrity gossip.

    I have no idea how so many people are so invested in the lives of famous people, and all of the “Did you hear that so-and-so and some-other-jackass are having a baby!?” Is so boring…

    I’d rather mow my lawn with fingernail clippers.

  • p5yk0t1km1r4ge@lemmy.world
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    6 months ago

    Trans stuff. Before you get the torches and pitchforks, I have no problem with them. I believe they deserve equality, and I don’t believe in spreading hate their way. I’m not Trans, so I don’t have a horse in this race, nor do I desire one. It doesn’t appeal to me, it doesn’t interest me in the slightest. I have my own concerns (keeping my house, paying my bills, keeping my family safe) and they have theirs, I guess is what I’m saying. If I see a Trans person get mistreated, I’ll stick up for them, just like I’d do for anyone, but I’m not interested in it. They are no different from me, we are all people. I think constantly bringing it up to people all the time is more of a disservice.

    • mojo_raisin@lemmy.world
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      6 months ago

      I think constantly bringing it up to people all the time is more of a disservice.

      The trans community is tiny, I’m an almost 50 year old trans woman transitioned over 20 years ago. The reason we have the rights we do is because it’s “brought up all the time”. When I transitioned, it was rarely brought up, this was because most people were scared of the social and economic consequences of doing so. This is all changing because we talk about it rather than be quiet and let people keep us down. I’d imagine even you might have more negative views of trans people if the only exposure you had was from talk shows promoting us as freaks, this is how it was before.

      Other than that, your attitude is fine, not everyone needs to be interested.

  • BroBot9000@lemmy.world
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    6 months ago

    New movies and shows.

    It’s all just shallow products being pumped out by an uncaring industry that rather slurp up product placement, celebrities and milking dead franchises over writing an original story that’s worth telling.

    Check out this amazing essay for more info: https://youtu.be/5tmxfVWDgMM

      • ryathal@sh.itjust.works
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        6 months ago

        You’re missing out on some quality movies in the early part. Iron man, captain America, and the avengers were all very good. After that it’s pretty much civil war and infinity war that are any good.

          • Matriks404@lemmy.world
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            6 months ago

            Okay, but Iron Man is still a top-notch movie, even if you’re not into superheroes and stuff. And since that’s the first movie in the MCU you don’t need to watch any of the later ones to get the plot.

    • Yankee_Self_Loader@lemmy.world
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      I realized far too late that most mainstream media is about maximizing views and not telling those stories that worth telling as you said. They start with an interesting idea for a story and if it gets popular it just drags on to get the most amount of eyeballs for as long as possible only for it to end long after it should have with an unsatisfying ending.

      And don’t get me started on injecting soap opera esque character drama just to keep the lowest common denominator inerested (looking at you For All Mankind)

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      6 months ago

      The French word for “entertainment” is “divertissement” and you don’t need to know French to get what it is: a diversion from things that matter.

  • treadful@lemmy.zip
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    6 months ago

    Guns. I don’t give a single shit about them either way. I don’t have much interest in owning them. I don’t think a ban would be effective. I don’t think the US national argument about them is going to ever be resolved. Miss me with all that shit.

    • j4k3@lemmy.world
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      6 months ago

      I think people are too dumb to realize places in the rurals must have them. Like in Alaska, it isn’t optional with those bears.

      I’ve come across a black bear while hunting small game and was very close in dense brush. People that have never experienced that kind of interaction lack the relevant info to have a say. While at the same time, after moving to Los Angeles for a couple of decades, owning guns here is for people with mental issues. One law can not cover all situations; it is impossible to federate. It is used as a distraction topic to avoid legislating reasonably against the loopholes of the oligarchy. It is the same reason why the news cycle camps on an election long before it is a relevant issue; there is no pressure to create reasonable legislation that would stop the privateers.

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        6 months ago

        One law can not cover all situations

        Not all, but most. The goal isn’t “banning guns”, it’s regulating them more strictly. If you want to get a gun, you should be mentally sound, know how to maintain it, secure it, and shoot it safely. It’s the same with cars in many places on this planet: you need to go through about 60-100 hours of training, prove you’re able to handle it, and know the theory around it. You can’t just show up to a car show, buy a car and ride off with it without a license.

        Whether you want to protect yourself from bear, shoot at birds on your farm, feel safe in your home in the middle of the city, or collect guns to never shoot them, you still must have a license to own it.

  • u/lukmly013 💾 (lemmy.sdf.org)@lemmy.sdf.org
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    6 months ago

    Newly released music.
    I have access to internet, not just decades, but centuries of music. Why should I need to know the songs released this year? It’s just a drop in the ocean. I don’t need to have the newest music right away.

    Similarly with new movies.