That’s a clever hack around how people are stupid and dislike change, any change, even good change.
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Well that’s concerning. They say it’s all insured via the partner banks ( https://www.wealthfront.com/blog/wealthfront-fdic-insurance/ ) but you can just put anything on a website.
That’s why I specified liquid, not-a-house, money.
As the other said, it’s not per person. Wealthfront and betterment insure up to like 500k, because they put the money in several banks. Vanguard probably has a similar thing.
jtrek@startrek.websiteto
politics @lemmy.world•Mike Johnson planning to meet with Elon Musk in Texas
12·9 hours agoThey’re going to be meeting in person at the same time and place?
With 3 million dollars in liquid assets (ie: not a house), you can bring in about $120k from the safest of investments. Just a high yield savings account. Fully insured.
With an index fund, you can bring in $300k.
That’s enough to live on, given how many people live on that much or less from their job.
So some millionaires may work, but they’re not really the same.
jtrek@startrek.websiteto
Political Memes@lemmy.world•MAGA have some weird double standards
39·10 hours agoIt’s not a double standard. They have one standard: hierarchy. People higher on the hierarchy can do what they want. Everyone lower has to obey. But they can shit on the people under them.
That’s it. That explains it all.
Trump can do what he wants because he’s the king. Men can abuse women because men are above women. White women can abuse black anyone, because whites are above blacks.
That’s the only rule.
This also explains why they don’t want nationalized health care, public transit, or other things that benefit everyone: because then lower tier people would get the same stuff. They would rather die so long as their “lessers” are worse off.
Do not listen to their explanations. They are lying.
jtrek@startrek.websiteto
Work Reform@lemmy.world•Companies like Uber and Lyft should NOT be allowed to treat their employees like dirt
15·10 hours agoWe’d be working 12 hour days 7 days a week, being paid in company scrip.
There was a lot of violence in the 19th and early 20th century just to get the scraps we have now. Capital is your enemy.
jtrek@startrek.websiteto
Showerthoughts@lemmy.world•Browsing social media for 5 hours a day in your free time is bad but if you do it for work it's fine
9·12 hours agoIf work paid me a fair wage, provided decent health care, paid for holidays, and didn’t reward AI usage as its own isolated metric, maybe I would work more. Maybe. It’s not like I get paid more for working more. No matter how much I produce, I get paid the same. The owners keep any excess profits.
jtrek@startrek.websiteto
Climate@slrpnk.net•Cycling like the Dutch would slash the world’s carbon footprint1·12 hours agoI’d love to see reductions in car usage because I very much dislike cars and car culture. I don’t personally mind inconvenience - I wait for mass transit when friends are like “just take an Uber lol” (not even touching the labor dimension there). I also always say electric cars and self driving cars are solving the wrong problems.
I’m just pessimistic that we’ll make much progress voluntarily. A lot of people are stupid and selfish, and the rich have power to keep things shitty for their personal benefit.
jtrek@startrek.websiteto
politics @lemmy.world•CNN’s senior data analyst: Trump’s approval rating ‘stuck on empty’ with no sign of recovery
6·23 hours agoThat sounds right. There’s a chunk of the population that just have broken brains and souls. They’ll follow their king to the grave.
jtrek@startrek.websiteto
Mildly Interesting@lemmy.world•There’s a common perception in the U.S. that taking public transit is dangerous. It's actually safer than driving.
5·23 hours agoHumans are emotional creatures. We’re stupid that way. It’s faster to just go with feelings and accurate enough that it must have been a pro survival trait.
But it’s stupid. It’s destroying the world because people follow their emotions into conservative policies.
jtrek@startrek.websiteto
Climate@slrpnk.net•Cycling like the Dutch would slash the world’s carbon footprint34·1 day agoYeah, but unfortunately a lot of people are lazy shitheads who are so out of shape they can’t ride a bike. That’s ignoring the horrifying infrastructure that puts you in the middle of cars driven by angry idiots.
It’s a good fact, but I don’t think we’ll get there without the left taking power and forcing the issue, or somehow playing to the emotions of reactionary fuckheads. Facts don’t convince them so it has to be emotions.
jtrek@startrek.websiteto
Health - Resources and discussion for everything health-related@lemmy.world•What you need to know about updated COVID vaccines following FDA approvalEnglish
3·1 day agoI’m surprised this hell administration allows them at all
jtrek@startrek.websiteto
Work Reform@lemmy.world•Waiting and getting treated is better than waiting and going bankrupt
8·2 days agoLots of people don’t understand that it isnt a deli counter where you take a number and are called in order.
Conservatives tend to be stupid and ignorant, yes.
jtrek@startrek.websiteto
politics @lemmy.world•Right-wing commentator Milo Yiannopoulos detained by ICE
5·2 days agoI hope he’s never heard from again.
It sucks for everyone but the people in charge are too stupid or apathetic to change anything.
I applied to an internal role like 2 months ago and they’re just ghosting me. Like, I see them on teams. I send them follow up messages. Nothing. Bunch of AI brained assholes.
jtrek@startrek.websiteto
Technology@lemmy.world•Apple One and Apple TV subscription prices increase by up to 20 percentEnglish
4·2 days agoThey’re not trying to make a good product. They’re trying to get their short term gains.
Normal capitalist bullshit where a handful of people (who probably don’t even do any work) make decisions and keep almost all the profits.
Occasionally. It’s frustrating that most free porn sites are kind of bad at search and filter. You’d think a tagging system would be easy to implement but most sites seem to just have a barely functional search.




Adding to the chorus: switched to Linux. No regrets. Plays all my video games, watches my media, does my coding and office work.