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Cake day: July 5th, 2023

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  • Nice review!

    Way back I used to use TurboTax & eventually switched away from it when they started limiting how many tax returns you can complete with it (at the time I was also helping family do their taxes). It also doesn’t help that Intuit in general is a terrible company.

    At the moment have settled on H&R Block Deluxe + State, usually get it for $20 whenever there’s a sales promotion at Newegg/Amazon or wherever. Not fully on Linux yet so haven’t had to think about that aspect but I assumed you could still run it via Wine or a VM running Windows. (though at that point it’s also reasonable to switch to something web based)


  • Talk to families of unjustified imprisoned people or to the people itself.

    Do you actually know & speak to people in El Salvador? Pretty much everyone I know there (family/friends) are ecstatic that there are no more gang members running around unchecked. The country is safer now then it has been in years.

    Nothing is perfect of course, poverty is still a major issue, but not having to deal with gang members every time you ride the bus, go out shopping, even just drive around, it’s a huge deal over there.

    Sure I get what you’re saying but for most people there it’s been a positive development.

    But since he just imprisoned everyone and their relatives, its only a temporary fix – unless he wants to imprison them for life.

    True… to be honest I suspect those people are imprisoned for life. No one expects gang members to be let out of prison while Bukele is still running the country, that’s going to be something that gets revisited when/if he’s out of office. It’s a massive human rights issue but at least for now the majority of Salvadorans consider it a net positive.

    The funny thing is that this article is about bitcoin & most Salvadorans don’t particularly care about that at all, it’s just kind of a headline that isn’t going to win/lose Bukele any support in the short term at least.



  • The one I was at just gathered everyone together to let them know layoffs were coming. I was also part of the tech support for the office so I stayed a bit longer to help them wind down systems, wipe hard drives, that sort of thing. The owners were pretty nice/upfront about the whole thing, basically gave everyone something like 2-3 month’s pay upfront & told everyone the business is winding down.

    The owners did try to find a buyer for the tech & maybe break even or recoup some losses but that didn’t pan out. AFAIK the investors just took it as a loss, it’s a startup and sometimes startups fail.

    We weren’t in fancy offices or anything like you see in movies & whatnot, it was more like working in an industrial warehouse converted for office use. Like the kind of building that doesn’t provide hot water unless you install water heaters yourself, no central AC, that sort of thing. We had one final party & trashed the space on the way out LOL. I think they just walked away from the lease, it’s not like there was any $$ coming in to pay it anymore.

    In the last few months after moving out a few remaining people (the owners, tech support, etc.) worked from within the investment group’s own offices (they gave us a spare room to work in). Mostly to deal with the old systems/hard drives & prep the existing data in case the owners found a buyer.


  • Otherbarry@lemmy.ziptoPersonal Finance@lemmy.mlIRA lump sum? USA
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    6 months ago

    investing it as a lump sum on January 1st will produce higher returns more often that investing on a monthly/weekly basis

    Correct, you’re referring to investing via lump sum versus DCA (dollar-cost averaging). And you also need to consider your investment’s time in the market - Most often the longer you are invested the better your returns are over a long timeframe. And this is where lump sum comes in since you are investing everything as soon as possible in the tax year.

    But of course no one knows the future. A terrible year in the market = your early year lump sum looking like a bad bet. But we’re talking about an IRA here, the whole idea is to leave it invested long term so even a terrible year should pan out on its own over time.

    All that aside if you’re really worried about it and/or strongly feel that markets are going be down for the entirely of 2024 then there’s nothing wrong with going DCA (investing every week/month/whatever).




  • Could you bear to wait eight more years for the 100%? You’ve already waited 62 years! What’s 8 more?

    It’s easy to think that way in your younger years. That’s a much more difficult request for people actually in their 60’s, lots of people make it to that age with broken down bodies, various illnesses/prescriptions/whatnot & probably can’t see themselves continuing to do the work thing throughout their 60’s let alone 70.

    There’s also the problem of holding down a job at that age, ageism exists in a lot of industries so a lot of these people are first in line for layoffs / taking a massive pay cut from their earlier jobs vs being a Walmart greeter or just being unemployed.

    But sure… in theory if you manage to stay fit & healthy well into your old age & are able to hold onto your normal job then sure working into your 70’s or more could be plausible. People probably worry less about that stuff once they’re higher up on the corporate ladder - though at that point they should already have fat 401K plans & other investments so the social security aspect becomes less relevant.