• 5 Posts
  • 102 Comments
Joined 2 年前
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Cake day: 2023年6月22日

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  • Draupnir@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    4 个月前

    Some could be low investment (~2%) if it is an S&P 500 index fund, but others that rely more on tech/growth stocks could be 5-10% or more. Retirees in drawdown phase (withdrawing 4% annually, or $9,000-$10,000) are extra vulnerable to sequence-of-returns risk—early losses lock in lower balances. A boycott-driven Tesla slump in 2025 could force sales of depressed assets, amplifying losses.


  • Draupnir@lemmy.worldtoTechnology@lemmy.world*Permanently Deleted*
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    4 个月前

    Funny how the people who want to tank Tesla are causing self injury. 401(k) accounts and nearly every major retirement fund are invested into $TSLA. These dumb shits think they are doing something for the world because “Orange man bad, and now Elon bad” and they get to reap the rewards of reducing their own retirement accounts. Well-done.





  • John Paul DeJoria: Born to immigrant parents in Los Angeles, DeJoria faced early adversity when his parents divorced, leading him to live in a foster home at age two. By nine, he was selling newspapers and Christmas cards to help support his family. After periods of homelessness and working odd jobs like janitor and door-to-door shampoo salesman, he co-founded John Paul Mitchell Systems in 1980 with just $700. Later, he launched Patrón Tequila, revolutionizing the premium tequila market. His net worth stands at around $4 billion, per Forbes, a testament to his self-made journey.



  • Draupnir@lemmy.worldtoLemmy Shitpost@lemmy.worldMaybe some day
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    4 个月前

    Now that idea is something I would probably still consider. On one hand I think UBI would be pretty damn cool, and probably a useful advancement for society. On the other hand, the reason for the desire for UBI in this instance is still incorrect and that it is essentially asking for the labor of another to feed you or to feed others simply because they were successful. It seems like a good move initially, but if you think about how it could play out, that could actually be an incredibly damaging thing for society. People that would normally be driven to innovate are then stifled and subdued with this because they’re just waiting for someone else to reach that level of success so that they can be fed more.


  • Draupnir@lemmy.worldtoLemmy Shitpost@lemmy.worldBillionaires shouldn't exist
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    4 个月前

    The difference is they went through the period of sacrifice and now they’re past it. You can’t compare their end with your beginning. And no, I’m not sucking up to them. I don’t give a shit about any of them, but what I do give a shit about is victim mindset, and people like you going online to bitch about things out of your control so you can give yourself the excuse not to start and provide yourself with the comfort that the excuses you’re making to not get somewhere better is actually the right move.


  • • Oprah Winfrey • Howard Schultz • John Paul DeJoria • Ralph Lauren • Jan Koum • Shahid Khan • George Soros • Leonardo Del Vecchio

    Now you know. You can look up their stories yourself. Now stop perpetuating the false dogma that somehow these people are special and unique and have something that you don’t. You can do it too, you just choose not to.


  • Draupnir@lemmy.worldtoLemmy Shitpost@lemmy.worldBillionaires shouldn't exist
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    4 个月前

    Sounds like an excuse to stop yourself from starting and continue pointing fingers at someone else. Also, sounds like you think they are somehow special and unique and have powers that you don’t. They’re a human just like you. Everybody fails at everything at some point, but the differentiating factor is whether you’re going to pick yourself up and keep going with the new information you’ve gotten. It doesn’t cost anything to hedge against risk and make a plan for potential failure, and you certainly don’t need to be a billionaire to do it.



  • If by actually living a life you mean things like going out with friends, playing games/fun hobbies, spending time with family, going to dinner, etc. then that’s fine! But that’s the cost of staying where you are. And on the other side, the path to wealth costs the sacrifice of these things temporarily for a period in life. Each is the cost of the other.