Random Chat, Thoughts, Posts, and/or Rants Thread

[GPM]

I never believed in climate change but this video changed my mind. I can't believe I have two small children, they are doomed.

 

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[Guest-5ty5s4]

Isn't that a big fat negative interest rate in real terms?

Yes it is, but it's not doing very much compared to the sum now. Like MJ says too, what's a couple hundred bucks a month in cash flow either? Taking the large sum would be like rocket fuel versus renting it out for maybe $400/month in cash flow and waiting to refinance. Plus it could be leveraged into more properties.

What return are you getting from this investment?

Currently none as I'm living in it Unless we guess what appreciation could be..

 

[monnffffiiiiiii]

If you struggle with procrastination...

...take a look at Dopamine Nation.

 

[SteveO]

Yes it is, but it's not doing very much compared to the sum now. Like MJ says too, what's a couple hundred bucks a month in cash flow either? Taking the large sum would be like rocket fuel versus renting it out for maybe $400/month in cash flow and waiting to refinance. Plus it could be leveraged into more properties.

Currently none as I'm living in it Unless we guess what appreciation could be..

Would you be selling into weakness? Where will you live once sold?

 

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[Guest-5ty5s4]

Would you be selling into weakness? Where will you live once sold?

I would find that before selling, I think. I would talk to the same realtor who helped me find this deal and look at getting another below market value under contract (a very nice home in a great neighborhood I can live in but that needs repairs, which is how I got this awesome deal I have now), list mine at an aggressive price (right at market value) and be off to the races!

 

[MJ DeMarco]

I never believed in climate change but this video changed my mind. I can't believe I have two small children, they are doomed.

Everything is manipulated for an agenda, just surf Netflix and it is disgustingly littered with narrative framing operations.

Kinda tells you how bad the C0VID propaganda was/is.

 

[SteveO]

I would find that before selling, I think. I would talk to the same realtor who helped me find this deal and look at getting another below market value under contract (a very nice home in a great neighborhood I can live in but that needs repairs, which is how I got this awesome deal I have now), list mine at an aggressive price (right at market value) and be off to the races!

Seems to me that you have a plan. My daughter has a 3% interest rate with a lot of equity. I've actually tried to discourage her from selling.

 

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[Guest-5ty5s4]

Seems to me that you have a plan. My daughter has a 3% interest rate with a lot of equity. I've actually tried to discourage her from selling.

I'd like to hear more about that and your thoughts. I think a lot of people are in that boat. My issue is that I sunk a lot of cash into renovations on this deal, which I managed to scoop up for nearly half off. Definitely don't need to sell, but kind of stuck.

 

[SteveO]

I'd like to hear more about that and your thoughts. I think a lot of people are in that boat. My issue is that I sunk a lot of cash into renovations on this deal, which I managed to scoop up for nearly half off. Definitely don't need to sell, but kind of stuck.

You have a plan and experience. Different situation.

That said... I don't know if that cheap money will come back around. Some people should keep that in place.

Put your plan down on paper and project the potential difference.

 

[GPM]

Everything is manipulated for an agenda, just surf Netflix and it is disgustingly littered with narrative framing operations.

Kinda tells you how bad the C0VID propaganda was/is.

This video was released BEFORE all the current BS. The data has been manipulated even harder lately.

There are children out there who legitimately believe with all their being that they won't be able to live another 10 years (So death to the planet sometime around 2030). Where did they get that from? It is from adults manipulating them to believe that. Go outside and enjoy some nature and use some critical thinking.

My area of specialty is Oil and Gas. I find the people who fight against in the hardest (and especially the Oil Sands) are those who are the least informed. It is crazy. At least arm yourself with some real knowledge if you want to argue against a topic. It is the same in every industry. Unfortunately if you go against the narrative in ANY subject, you get 0 funding and will often times be attacked on a personal level until everyone thinks you are a quack. It does not matter to seem what that area is, you have to go with the flow.

Right, like the modern human knows everything there is to know about every single subject ever. Better just shut our collective traps and accept that we know everything about everything.

 

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[MattR82]

I never believed in climate change but this video changed my mind. I can't believe I have two small children, they are doomed.

One of the comments under that video was that it's easier to deceive people than convince them they've been deceived. So true, and it stopped me from sharing that video to a couple of people that would probably have never talked to me again if I had.

 

[piano]

I'm not sure if this question really deserves its own thread so I am here just in case:
Due to this thread GOLD! - MINDSET - Why Quiet Quitting Is Holding You Back in Life I was wondering if I could technically fit everything under my sleeve without slacking on things like school. I then noticed that to fit everything into one day, each day, I would need to wake up early af (about 4:30am) so I could check off piano practise and do the business after school while it's still day outside. I would obviously go to bed way earlier and also wouldn't lose any amount of sun light. Heck, due to the business (that requires me outside) I'd even get more sun exposure.

Has anybody tried this and did it work?

Have a great day~~

 

[Guest-5ty5s4]

You have a plan and experience. Different situation.

That said... I don't know if that cheap money will come back around. Some people should keep that in place.

Put your plan down on paper and project the potential difference.

The other thing about that cheap money coming back or not is that if it doesn’t, that means I also won’t have an exit via cash out refinancing. So I’ll have to wait and hold. Is it really worth the annuity of $X in cash flow? I’ll write out some equations to compare.

 

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[SteveO]

The other thing about that cheap money coming back or not is that if it doesn’t, that means I also won’t have an exit via cash out refinancing. So I’ll have to wait and hold. Is it really worth the annuity of $X in cash flow? I’ll write out some equations to compare.

I do expect that it will come out in favor of selling. That's always been my mantra. But it also seems relevant to consider your living status.

Then again... cash to start another...

 

[MJ DeMarco]

I do expect that it will come out in favor of selling. That's always been my mantra. But it also seems relevant to consider your living status.

Then again... cash to start another...

Whatcha been up to Steve? Haven’t seen an update from you in a while.

 

[loop101]

Anyone know if Apple plans to allow alternate App Stores in the US, if they are forced to in Europe?

Apple reportedly opening iPhone to other app stores — this is big

You might be able to sideload apps to your iPhone in the future

www.tomsguide.com

 

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[SteveO]

Whatcha been up to Steve? Haven’t seen an update from you in a while.

Been incredibly busy lately. Will post an update soon.

 

[MJ DeMarco]

Goodbye to Revue by Twitter...

We’ll cut to the chase: from January 18, 2023, it will no longer be possible to access your Revue account. On that date, Revue will shut down and all data will be deleted. This has been a hard decision because we know Revue has a passionate user base, made up of people like you.

In the meantime, you will be able to download your subscriber list, past newsletter issues, and analytics by following the instructions here.

If you run a paid newsletter, on December 20, 2022 we will set all paid subscriptions to cancel at the end of their billing cycle. This is to prevent your subscribers being charged for Revue content after the point where it is no longer possible to send newsletters from Revue.

We want to remind you that it is your responsibility to adhere to any applicable laws, rules and regulations in connection with your subscriber list and other data we share with you, and Twitter, Inc. has not obtained permission for you to use subscriber information for any purpose.

We’re grateful to everyone who has used our service over the years, and hope we can continue to help you build a community with your readers on Twitter.

 

[eramart]

If anybody wondered what will happen if you send sanctioned goods from Germany to Russia (like Flipper Zero, which they consider superior tech) - shipment will be seized and destroyed without compensation, according to the Flipper Zero manufacturer

 

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[MitchC]

Goodbye to Revue by Twitter...

I just saw he’s auctioning all the coffee machines and crap from the office

I wonder why he didn’t try and sell revue

That would seem like a better outcome for him and all it’s users

 

[Andy Black]

Goodbye to Revue by Twitter...

I actually think newsletters is a good fit for Twitter. Creators on Twitter invariably try to get people off the platform onto their email lists.

Owning an longer-form-content platform that synchs with Twitter seems to make sense to me.

Or maybe they're trying to keep those conversations on the Twitter platform itself and will come up with some other way creators can post content for paying subscribers? That would be even smarter than sending people to an email app.

 

[MattR82]

Not shocking to anyone on this forum I'm sure, but an interesting video from Pat today showing his tok tok engagement completely tanked immediately after criticizing China in one of his clips. I'm still suspicious of their numbers in general though.

 

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[Xeon]

Guillermo del Toro says AI art used in film would be ‘an insult to life itself’

‘I consume and love art made by humans’

www.polygon.com

Of course he's pissed. Future versions of AI will be able to generate entire movies in hours or days depending on the length of the video and computer specs. Like many humans, Del Toro will cease to be relevant.

 

[Xeon]

AI is coming for product photographers next.

 

[becks22]

Has anyone here planned an event as part of their business? I'm planning a panel in February. Looking for any tips/ tricks if you have done something similar. Aiming for 75 tickets to be sold (all not for profits or NFP adjacent)

 

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[Xeon]

Artists stage mass protest against AI-generated artwork on ArtStation

Users of popular portfolio site seek to castigate and disrupt AI-generated art.

arstechnica.com

Those who do not adapt, will be left behind.

 

[MitchC]

The Milk Road just sold for 8 figures

A daily crypto newsletter started around a year ago

Insane

 

[Xeon]

View: https://youtu.be/v6OB80Vt1Dk


AI is the second coming of Christ.

 

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[SDE]

12 years ago, MJ uploaded this gem as his first video on his YT channel.

View: https://www.youtube.com/watch?v=ro88c3o8uiI

 

[biophase]

If you had the choice of $150,000 now or holding an asset with that much equity but at a 2.7% 30 yr interest rate, would you hold it or take the gains right now?

The Fastlaner in me says that holding on to a low interest rate is like choosing pennies over Benjamins.

Is the $150k after taxes and all selling fees?

I don’t understand the dilemma. If you are living in this house do you really have $150,000 free to invest if you have to buy another house with the money?