Skip Navigation
User banner
Poik
Posts 0
Comments 132
What are some illegal things that should be legal?
  • I've been dating my boyfriend since before it was legal. Thank you for your input, but no. Just no.

  • You vs the person they tell you not to worry about
  • This needs to be higher. The US has the most rail in the world, at over 224,000 miles. Europe, by comparison, has 94,000 miles. That's one country having more rail than the total of a whole continent.

    The map down in the meme appears to only be Amtrak.

  • That's... normal
  • Be crime Do gay

  • AOC Asked People Who Voted For Both Her And Trump To Explain Why—And Their Answers Are Eye-Opening
  • Oh! I see where you misunderstood. No, Trump -the Putin worshipping, endorsed by Duterte, wannabe dictator- is the fascism that will be more unchecked than the first time he was elected. They were referring to the immediate next two years, not any hope of a come back where fascist policies like policing women's bodies or banning lgbta+ rights will be attempted to be repealed.

    They're talking about the ones who openly worship dictators, not the liberals that currently have no control.

  • Retirement in the USA is a scam
  • At least it has some years for the inevitable bounce left. It's getting there. Just kind of something someone trying to retire would have a panic over.

  • Retirement in the USA is a scam
  • Yeah. You're right. And their recounting of what they invested in makes no sense. I caught that later. So there's definitely poor choices somewhere they aren't mentioning.

  • Retirement in the USA is a scam
  • Okay... I even came with receipts on this one. Am I just annoying? What's with the downvote, even on ones where people are suggesting target date funds? The fund will bounce, it's just a huge dip for one that was supposed to be, according to professionals, safe for retirement use. So sure, I can see the downvote as disagreeing with sensationalism, but I was contesting the suggestion that no funds dropped in that time. If it's because I got spammy, sure... I assume most people don't reread the other comments after the first time they go through, but I can stop.

    For reference, target date funds are still usually good, but total stock index is always better in a ten year period, so whether they are actually worth it is questionable.

  • Retirement in the USA is a scam
  • Not sure. I'm guessing interest rate stuff will mess with anything with bond holdings, so that probably had stuff to do with it. Other than that.. I don't know if I can convey a big enough shrug in text form.

  • Retirement in the USA is a scam
  • Good point.

  • Retirement in the USA is a scam
  • Yeah. Something doesn't add up. The worst dip of what you mention is the blue chip large cap, but the curve you posted looks like VTINX or the vanguard 2030-2040 target date funds, not any of the funds you listed.

  • Retirement in the USA is a scam
  • Target date funds are also supposed to be set and forget, but this looks like the curve from Vanguards 2030 through at least 2040 target date funds.

  • Retirement in the USA is a scam
  • The 2030 target fund is still down 8.8% since that date.

  • Retirement in the USA is a scam
  • All target date funds through vanguard tanked that year unless you have 2060 or later as the target. 2030 lost 25% and hasn't yet recovered.

  • Retirement in the USA is a scam
  • They likely were using a full retirement fund, like VTINX or Vanguard Target 2030 or something like that. All of them tanked in the end of 2021 up to target 2060. Even my shares in the Total Bond Index tanked then, and those are supposed to be as low risk as possible, literally.

  • Retirement in the USA is a scam
  • Stop. The Vanguard retirement funds all did this if the target is before 2060. And those are invested in index funds by professionals. OP likely had the VTINX or a total bond fund, both of which did this that year and were recommended for during retirement. This is likely the more liquid portion of the portfolio, not the penny stock portion.

  • Retirement in the USA is a scam
  • The close to retirement ones suffered that year. The 2030 target lost 25% in less than a year recently and hasn't recovered. Ironically, the high risk ones have been less risky during COVID than the low risk ones.

  • Retirement in the USA is a scam
  • Check the vanguard target retirement income fund (vtinx) and other similar funds. There was a dip in 2021 that absolutely destroyed a number of retirements, my patents included, despite being low risk options. Total bond index funds also suffered for some reason, and those are as low risk as you can get. Every other fund I have is doing great, but the ones that are supposed to be safe are not doing great.

  • Tradition
  • But did Das Boo Schitt get a Michael Bay adaptation? Also... Why does Michael Bay own the rights to skibidi toilet now? What timeline did I wake up in?

  • When the Steam Deck was still just an idea, Valve says some staff were like, "I just want that for me" and "the point wasn't even to make a product out of it"
  • Yeah, but I don't think they'll keep it unless it turns a profit. Meta as a whole will always have ads which literally print money for free, but they'll Google the VR line as soon as their lizard overlord gets bored of the metaverse idea. Maybe they'll sell it instead of close it like Google always does, actually... That would be nice.

    I am being somewhat exaggerative with word choices.

  • When the Steam Deck was still just an idea, Valve says some staff were like, "I just want that for me" and "the point wasn't even to make a product out of it"
  • I don't see them turning a profit on the market after killing their competitors. I don't get their angle. Unless they can offer something truly transformative, they're going to put themselves out of business doing that.

    But yeah, they have this all in on VR/AR mentality which I don't see working out. Killing the competition does guarantee no one else makes a good product either.