OpticalMoose

My pet peeve is people downvoting in communities they aren't subscribed to about posts they aren't interested in. They just sort by new, and when they see something they don't like, they smash that downvote button without even looking at the post or contents.

Part of it is because we all have unlimited votes; people vote without thinking. It would be different if everyone had a finite number of votes to use. And you get awarded a few votes for making a comment or post. Maybe award extra votes for commenting in small communities.

This would serve 2 purposes. 1.) People would use their votes a lot more thoughtfully. 2.) It would encourage people to comment and post more.

The downside is that someone could set up a bot to spam posts and comments into a dead community just to rack up votes.

Newsflash! US no longer has a monopoly on stock photos of worried looking traders. South Korea ups the ante with a much cooler trading floor and 60% sexier traders. 😍

If it clears out some of the margin traders, short sellers, options traders, and speculators, I'm ok with it. 🔥

I think it's going to take months for this tariff situation to stabilize. For us here in the US, economists are already predicting -1% gross domestic product growth, so if that happens, we're halfway into a recession. The tariffs will be enough to push us over the edge.

It's going to turn into a game of chicken to see who comes to the table first asking for a deal. If the European and Asian countries stick together, they can outlast Trump.

Trump is going to be under pressure to get this resolved before the mid-term elections next November. US presidents typically lose a few Senate and House seats in mid-terms, but after tanking the economy for no good reason, this could be a disaster for his party.

Intel has spent a lot of money trying to get 18A online, a lot of borrowed money. And I don't see a lot of companies lining up to use it.

18A sounds better than TSMC's 2N, but it might just turn out to be too expensive for customers, especially if a global recession hits.

Just my 2¢.

If this is winning, I'll admit I'm tired of it.

I haven't sold anything, but looking at today's after-hours, I kind of wish I did. I have a feeling this is going to be a long summer.

Thanks. That looks really good.

I don't think he was a bad advisor, but his typical client would be someone in their 50s or later; someone who needs to start shifting to fixed income or bond funds. For me, in my 20s, I saw no need for that stuff; I wanted to be all in on stock.

And if it goes badly — like a recession popping up right after you help them, you can end up the target of frustrations and strain a relationship.

That's one of my biggest worries. Stock valuations are pretty high right now, so it's possible they could fall .. a lot. For someone just starting out, a 10-20% drop is a big deal.

Then, there's the fact that what worked for me might not work for them. When I entered the workforce in the early 90's, all I knew was "buy stocks" and "buy real estate". Both those markets have gotten really frothy over the years and I don't think they're going to continue giving the same gains that my generation got. Young folks today might be better off with their Hawk Tuah coins or Skibidi bonds or whatever. 🙂

I'm hoping to get my sister-in-law, nieces and nephews into investing. They are interested and luckily don't have a ton of debt, BUT, they're starting with basically zero knowledge.

So I'd have to explain mutual funds, index funds, the S&P 500, the difference between traditional and Roth IRA, etc. I just don't know if I'm up to it.

I'm tempted to tell them to just go with a financial advisor. I had one years ago and I hated it. I'm a hands-on type of guy, and this guy had me invested in a lot of stuff I didn't want (bond funds, fixed income). I finally got rid of him after he trailed the S&P two years in a row.

But for someone who works a 9-5 job and doesn't have time to learn all this stuff, maybe a financial advisor is a decent option. I don't know.

"Trying is the first step towards failure." - Homer S.

Most of the people who want to sign up for Lemmy are already here. They are technically oriented and don't mind dealing with the quirks of Federated platforms.

The commenter's concerns are valid. For a "normie" who's only used traditional social media, the Fediverse seems like a train wreck. I enjoy the Fediverse because I like figuring out new things and learning new stuff. Normies don't have time for that.

tl/dr: The average person will be very reluctant to use Lemmy.