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Joined 3 months ago
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Cake day: May 4th, 2026

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  • Not entirely a scam in theory. Though we are currently in a period of unprecedented corruption that is so complicated and complete that it might as well be. Even 5 years ago, I would have attributed certain actions to protect the market as an attempt to protect everyone. The systems in place are such that if a stock company fails, it creates far-reaching market upsets across industries worldwide. Essentially, if something fails, it takes everyone down with them.

    The fix would be the state taking control of those industries to allow them to stabilize. Unfortunately, most state actors are also tied economically to those systems. That is, they’re corrupt as fuck and don’t care about people, but their own money and status.

    So retirement funds and entitlements weren’t entirely a scam, but they are mostly so now. I doubt I will see a dime of mine if I don’t use it soon for school, expating, or buying a house. I certainly won’t see it when I retire.


  • I have some basic understanding of finance (and I mean basic), so take this as an observation rather than investment advice. If your retirement plan allows you to change your asset allocation, and you have a high-conviction thesis that a significant market event is about to occur, it may be worth temporarily rotating from a growth-oriented allocation into a more conservative allocation to reduce downside exposure.

    Under normal circumstances, attempting to time the market is a bad idea, and financial advisors or plan managers will usually push you away from doing so. However, there are rare situations where it’s clear as crystal what’s happening. In those cases, reducing equity exposure and increasing allocations to lower-volatility assets for a short period may be a reasonable risk-management decision.

    Using the recent SpaceX-related market activity as an example, I find it difficult to believe that any fund with a genuinely conservative mandate would have maintained meaningful exposure to assets directly affected by that event. A conservative portfolio, by definition, should prioritize capital preservation over aggressive growth and generally avoid concentrated exposure to higher-risk investments.

    You generally can’t tell them, “I don’t want this stock,” when dealing with index funds, but you can get yourself out of the fund entirely while it’s poisoned. Unfortunately, my company was changing providers right when the SpaceX shit was happening, and I couldn’t make the change myself.

    I haven’t been keeping up with the bond market but last I heard it was it’s own shit show so I’m not really sure anything is ‘safe’ these days.











  • If he wanted to be a mod, then he should have done mod shit. You can’t make a neutral product as a developer and then code it like a mod. The fact that he doesn’t see the problem is the problem.

    I don’t care that he made a ban list. I don’t care that I’m on it. I care that he sold a window into the community for others without telling the people using that window that he erased huge chunks of the community at large. Regardless of his opinions, that is what he did.

    To do what? Gentrify Lemmy? You can’t come into Tortuga and try to sell it as a resort by putting a tarp over the pirates mate.