Valuing your net worth is actually quite challenging, not that straightforward at all. Even looking at stocks with a market price, there a lot of things to take account of. Take the example of a $100K portfolio all in a liquid market ETF such as $VOO. If you were to sell the

There isn't many things worse than receiving your parent's entire lifetimes worth of savings, and then blowing it all in 8 months by quitting your job. It's a complete disgrace and disregard to their memory.

I hope AI replaces my job one day. Ideally I'd be around the 50th-75th percentile of people to lose my job. I don't want to be first, but I certainly don't want to be the last where everyone is just chilling and I still need to work.

If you have a high net worth, income doesn't matter. The job is only a means to an end.

I don't see how it's possible for Iran to have a unified anything. People are saying he's extending the ceasefire to help the stock market, but I think it's really to extend the blockade. The blockade is allowing the US to seize the oil market while hurting China economically.

I buy single stocks and I use margin, but my general advice is to invest in market ETFs with equity. But if I make a pitch for someone to take on more risk, that's targeted advice based on their capabilities and circumstances, it's not for everyone.

When socialists think of billionaires, they imagine what it would be like if they were a billionaire, and what it takes to reach such a level. The issue is they can only imagine getting there through either easy or evil means, either luck and laziness or through exploiting other

Everyone complains when we see lenders charging exorbitant rates. They call it predatory and other terms. Take an example, where someone takes out a car loan with a 12% rate. It seems ridiculous, like they are being taken advantage of. But turn it around and ask yourself, how

I almost forgot $TSLA had earnings today. Is it true what they report now doesn't matter that much anymore?

I never really have a spending impulse. Whenever there's something that looks interesting to buy, I think of all the space it takes up and all the times I won't use it and then I don't buy it.

People use things being unaffordable and not making enough money as a reason to not have kids. But actually over the entire history of civilization until this generation, having kids was a reason to make more money, not the other way around.

Going all in investing in a market index ETF today doesn't mean you stay all in on it forever. It's the easiest position to adjust from without losing ground. If you haven't made a decision to buy a stock yet, would you rather sit in cash or keep pace with the market?

Don't think of it as deploying all your cash, instead deploy all your $VOO or equivalent ETF. Cash is meant to cover your short term needs, not the default asset to park your net worth in.

The separation between the indices is pretty wild.

We are only in the beginning.

As much as I pitch for investing in market index ETFs over having your money sit in cash, everything is circumstantial. Depending on what your baseline is, even the S&P500 can be too much of a risk. Take an example of if you only had $200K and wanted to use it as a downpayment

Currently AI has been increasing my workload. It's widening the scope of products and services to take on, that previously were deemed too immaterial or low priority. A major dedication of AI capabilities will also be put towards more robust checks and balances, previously

A train is coming in fast about to run into absolutely no one. But if enough people throw themselves in front of the train, that would create enough mass so that the train will kill no one.

It's irrational to concern yourself about everyone in the world. Worry about yourself and those close to you and the things within your control. Everyone else, they don't even subscribe to your ideologies.