which bad actors would have more of, as they'd have a financial incentive to make use of the found vulnerabilities. White hats don't get anything in return (financially) - it's essentially charity work.
And, although the Bay Area is a bit of an outlier because geography, there are plenty of coastal cities where you can get to, not inexpensive by the standards of some regions, but not "insane" unless you absolutely feel you need to live in the central city areas.
One thing that strikes me as odd, as someone not from the US, is that it’s kind of assumed that people are renting? I’d expect that lots of people in SV/Bay area would just buy the place, expensive as that might be.
There are a ton of costs even if you own and have paid off. Aside from my $5K/year property taxes, I've spent probably $50K (likely more) in the past year for costs related to a fire. Also some significant costs for deferred maintenance that had to happen. Some routine plowing and lawn/field maintenance that I could do myself but that would take capital costs (and time). So not a typical couple of years but I've spent well over $100K on my house even though it's paid-off. It's far from free once you've written that last check to a bank.
Of course, modern condos will likely be cheaper but now you're paying HOA fees each month.
That's true too. A lot of people made a lot of money and they can now afford expensive real estate even if they're not making big bucks today absent lifestyle expansion and rational investments.
I'd add that I know a fair number of people who are not necessarily in coastal cities but are adjacent to them that have been exiting. They're mostly somewhat older and pretty comfortable or just have other things going on in their lives. The reality for some is that this isn't a terrible time to exit if you're not really loving things any longer and maybe have some other stuff you'd like to work on--or just retire.
> That gives slightly better than the inflation rate ( Canada ).
What do you mean? Over the last year any one of the index funds I'm in has beat inflation by a factor of five, some beat inflation by an order of magnitude. My worst performer is an iShares world fund, which generally has more temperate gains, clocking in at 10% YoY.
Looking at Canadian indices such as $VCN, it's the same story.
If you're in Canada you almost certainly want to diversify from Canadian indices. US markets have tended to outperform.
Indices can return >20% one year and -10% other years. I think OP is talking recently, not over 30 years. Over the long term indices like the S&P 500 tend to have a real return of 6-7% ...
That's the biggest problem I have with the recommendation to buy indices as if indices grow at >8% annually is an natural law.
Many (most) indices of countries in the world performed way less than 8%. US performed exceptionally well over almost a century so people are starting to take it as a natural law. If I buy US index, I'm still putting a directional bet on US stock market performing at an exceptional rate.
One can buy "all-in-one" index-of-index funds that have all US equities, all EU, etc. In Canada (which sub-thread stated with), see VEQT or XEQT (100% equities), VGRO/XGRO (80/20), VBAL/XBAL (60/40), VCNS/XCNS (40/60).
You can probably find an 'asset allocation' fund in most countries; e.g., in the US:
> Essentially the same as giving alcohol to kids at home.
Is it? A bottle of vodka, rum, wine, beer, is very obviously what it is.
A lot of these gambling games are disguised as games, that just happen to have elements that are heavily disguised to not be obviously and immediately shown to be gambling.
You and I both know what loot boxes are, but does everyone? There's nothing obviously gambling about a loot box, until you dig into it.
I mean, kids can't buy smartphones and data plans and have a credit cards for that gamblings sites. Their parents must have given they them. Make no mistake - gambling is bad for the society. That doesn't mean parents can be absent.
And especially in that case, parents are complicit.
>I mean, kids can't buy smartphones and data plans and have a credit cards for that gamblings sites.
Have you never searched for a credit card detail generator? Browsed the dark web for stolen card details? Used e-sims?
A common misconception that people have is that age is not a limiting barrier to a great mind and doesn't require enabling by others to achieve the goals they set out.
iPhones are not, and in fact your child will eventually need a smartphone for legitimate reasons. Currently isn't not possible to buy a smartphone that can be used legitimately but doesn't come bundled with gambling and pornography.
If you are referring to the same location
Your grandparents did the work that made the location you live in valuable. (and failed to gatekeep that value for their children)
Clearly value isn't going to local communities, this will correct itself when people pull their money out of the stock market. As long as people believe Walmart or Nvidia will make them more money in the long term than improving their local infrastructure costs will continue to rise. If the AI bubble pops house prices will collapse, if not then there is a lot of money to be made.
If you have trillion x returns you would pull candy out of a babies mouth to invest
> but it's in the UK? Or you have friends you want to visit? Or family, or whatever.
Then yes, if on a individual level that affects you, you have to be careful. Like citizens of China or Russia, or Saudi Arabia. Welcome to the club, UK, I guess?
libera.chat servers are hosted by volunteers. Most of the libera.chat infra are the the same servers which were switched from freenode in 2021.
Existence of the non-profit in Sweden changes nothing, that entity can be closed without any adverse effect for the IRC.
Not really. It requires time, ergo money.
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