You are limited by the rules you live by. Maker/Speaker/Author/Builder
Joined April 2011
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You should have multi factor authentication (not phone or text message-based) on all your financial and social media acccounts.
Japan just suffered a catastrophic financial cyberattack.
Hackers hijacked over 26,000 servers run by GMO Internet Group.
They executed fraudulent trades across 70 different brokerage and currency platforms.
Savings accounts and trading balances were drained automatically.
GMO completely pulled the plug and shut the entire service down forever.
The CEO issued a chilling public warning: the internet itself is already beginning to collapse.
Now Japan is being urged to deploy military hackers to strike back.
The quoted tweet makes the assumption that salaries stay the same across single and married people.
Married men earn more and married couples with 3+ children are more likely to be in the 1%. Those families also have more stay at home wives.
The source of the chart is this article. But the core source of the data is from the Federal Reserve's Survey of Consumer Finances.
newsletter.mikekonczal.com/p…
Airbnb hosts threatening to strike is hilarious.
It’s also a tell because it’s clearly the ones who want to treat customers like house guests instead of paying customers, that are the problem.
Too many people with zero customer service skills decided they wanted to run a single Ritz Carlton and provide Motel 6 service. If you want to see some Karen’s losing their ever loving minds over this new policy, go lurk in the Airbnb & STR Facebook groups. “Boycott! Strike!” Man, get over yourselves. People are on vacation AND they pay you a “cleaning fee”.
Most don't realize how much more younger generations are staying married and being active in their children's lives.
The factoid that '50% of marriages end in divorce' was kinda true decades ago.
But the divorce rate peaked in 1980.
Now, less than 40% of all marriages since 2000 end in divorce.
For college graduates, it's under 30%.
For college graduates who get married after age 25, and who don't have any kids before marriage, it's under 20%.
Anybody promoting the outdated, deceptive 50% rate has some kind of anti-marriage or anti-natalist agenda.
It scares young people away from getting married and having kids. That is their goal.
Parents definitely shouldn't wait until they die to start giving assets to their children.
Parents can give $19K ($38K married) annually and have a lifetime exclusion of $15M ($30M married), that they can give away to their children without gift or estate tax issues.
AoverK retweeted
This is true though another point that annoys me is parents waiting to die. Less money at an early age is a game changer. People should be doing UTMAs. Even if only a small amount. For larger estates, amounts vary based on how responsible the kid is. Better to do this early.
This is why you setup a family trust and a separate marital trust for your wife.
This way if you die, your wife has her assets and the children have their assets.
You dont have to worry about your wife remarrying. And if your wife dies, her trust assets go to your children.
This is funny to me because it’s really like this in the South.
Went to the grocery store and asked the person stocking the eggs near me how he was doing.
He responded and asked how I was doing.
In the end he said “have a good night” and I said “you too”.
Simple really.
My coworker spent one year in Tennessee.
He came back to Tokyo two months ago.
He is not the same man.
He says "y'all" in meetings. To our boss.
He holds the door for the entire floor. Twelve people. Every morning.
He asked the convenience store clerk how her day was going. She had to sit down.
He calls every man "bud." Including the CEO.
He refuses to describe anything under three hours away as "far."
He waves at drivers who let him cross. One driver waved back and almost hit a pole.
Last week, he told a junior employee, "I'm proud of you."
She went to the restroom and cried for ten minutes.
We thought it would wear off.
It didn't. It's spreading.
Three people in accounting now say "y'all."
The junior employee holds the door.
The convenience store clerk asks HIM how his day is going.
Tennessee, I don't know what you did to him.
Please do it to the rest of us.
Spent a lot of time in several of these states.
Jackson Hole, WY
Charleston, WV
Lexington, KY
Mobile, AL
Nashville/Oak Ridge, TN
St Charles/Ascension/Lafayette, LA
Schools have the same bloat problem that the medical field does…
Too many administrators.
It’s the reason why kids cant read and healthcare quality is bad but both medical care and education are so expensive.
More schools and districts will try tricks like this to increase attendance.
Turning high schools into K-12. Expanding middle schools to middle and elementary.
This is all designed to keep paying school administrators and charging local residents taxes vs shutting schools down.
AI is already affecting schools.
On one end smart parents are using it to help fast track their children’s education with controlled AI usage.
Then on the othe end some aren’t using it at all or prevent any AI usage.
The AI gap will grow. It’ll be similar to the literacy gap.
