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Recent content by Generic_Username

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    Economic Effects of a Minimum Wage-Hike

    OFF-TOPIC 
    This is not a political discussion (wrong website/forum for that). What would happen is the minimum wage went from $7.25 to $10 or even $15 an hour. Companies aren't stupid: if a worker doesn't produce enough value to be a profitable investment, they'll either lay-off the worker and outsource...
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    Habit changer: TV is a pitiful waste of time

    HOT! MINDSET 
    "Bread and Circuses"="Today's Welfare and Media." Bread and circuses - Wikipedia Democracy has become a demagoguery IMO. "The rich are greedy (and apparently wanting free welfare isn't)."
  3. G

    You are Being Tracked, and it's not the Government

    RANT 
    Ever here about Cambridge Analytica? The two tech megaliths Google and Facebook are information juggernauts that lie in court about what they do. Google doesn't just track your searches, it tracks you on over 10 million websites thanks to Google Analytics. It's a search-engine monopoly with 90%...
  4. G

    My 600lb Life: Addiction, Enabling, More (RANT)

    NOTABLE! 
    Why do people go to the hospital? I'm no expert, but common sense: 1. Accidents (car accidents, other accidents, etc.) 2. Childbirth, regular checkups, other normal stuff 3. Heart disease, cancer, other chronic diseases I'm highly skeptical are "natural" and because of "old age." 4. Really rare...
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    Clarification about Entry and how it DOESN’T apply to college

    I’ll quote Unscripted since this has been posted before by MJ (see 5 commandements thread): “Starting a business, or entry, isn’t an event, but a process reflecting the execution time needed to solve the problem. Much of this time is composed of a learning curve. Entrification building a moat...
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    Is a home an appreciating asset? Think Slowlane Context

    REAL ESTATE SLOWLANE 
    The only reason I can see you would want to buy a house is to just pay in cash/check to cut living expenses for yourself (no more rent/mortgage payments) substantially, but you have to have a high net worth for that to work (CENTS business anyone?).
  7. G

    Is a home an appreciating asset? Think Slowlane Context

    REAL ESTATE SLOWLANE 
    This is talking in the Slowlane context of the "Schmo" family living in ABC neighborhood for say 30 years and "hoping" their XYZ home will appreciate relative to the actual renting costs. I'm skeptical of homes as investments to build net worth like I'm skeptical of Wall St to build net worth...
  8. G

    How long would 80-Million dollars last YOU?

    HOT! 
    Easily a lifetime unless I live to 180: even if you stuck it in some checking account earning nothing, I'm pretty sure I wouldn't even go close to broke on 500k a year (160 years).
  9. G

    Can I criticize (or hate) a book I haven't read entirely?

    BOOKS 
    80/20 principle or the Pareto principle: idk about specific percentages, but IMO you don't need to read the whole book to see if the book isn't what you wanted it to be: 1. Who is the author? Joe Hypocrite or Jane Practitioner: if the author doesn't practice what he/she wrote, why should you...
  10. G

    15 Signs You'll Never Be Rich (Millionaire Fastlane is promoted?!)

    MINDSET 
    View: https://www.youtube.com/watch?v=gublzao6b4w See #2 for a promotion of TMF, idk if the video's useful but the channel has 1.9 million subscribers (no small feat).
  11. G

    Book Recommendation: Secrets of Building Multi-Million Dollad Businesses by Adam Khoo

    BOOKS 
    https://www.amazon.com/gp/product/B01HP05138/?tag=tff-amazonparser-20 The author is from Singapore, which isn’t quite like the US (most people on this forum probably live in the US). But in the first chapter of the book the author goes into detail about his personal story (see link): when’s the...
  12. G

    We provide excellent CUSTOMER disSERVICE!

    PEOPLE HOT! 
    Is it just me or do major banks do this as well by charging a fee for anything and everything? These banks have insane net profit margins: they're above 30% (just look up their stocks then go to the company financials). Their interest rates are just pathetic on checking or even savings accounts...
  13. G

    Question about the Commandment of Control

    MINDSET 
    To quote this own site, "As an entrepreneur, you want to control your business whereas no one entity can put you into bankruptcy." Does this mean that you have to have a controlling interest in your business where you get to make every single major decision no matter what because of voting...
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