XPost: comp.os.linux.advocacy, sci.physics.relativity   
   From: physfitfreak@gmail.com   
      
   On 2/26/25 3:28 PM, -hh wrote:   
   > On 2/26/25 15:13, Physfitfreak wrote:   
   >> On 2/26/25 12:33 PM, -hh wrote:   
   >>> On 2/25/25 16:25, Physfitfreak wrote:   
   >>>> On 2/25/25 3:10 PM, -hh wrote:   
   >>>>> On 2/25/25 13:59, Physfitfreak wrote:   
   >>>>>>   
   >>   
   >> Hehe :) No, not even funny. See, I didn't buy my grave lot in my 20s.   
   >>   
   >> The kind of concerns you are listing above belong to my past married   
   >> life here and ended when we divorced. Life in Iran in old age is much   
   >> more comfortable and dignified than in here where you essentially have   
   >> institutions kill your elderly parents, and healthcare and government   
   >> get busy devouring your elderly people's lives and belongings. This is   
   >> not a country to die in.   
   >   
   > Unfortunately, quite true.  Its a product of the decline of   
   > multi-generational families living in the same household.   
   >   
   >   
   >> I'm in USA because my cats are in USA. And in the USA, I'm in Texas   
   >> because my cats are in Texas. And in Texas, I'm in Dallas because my   
   >> cats are in Dallas.   
   >>   
   >> So figure that out from there on :)   
   >   
   > Not really any need to, because when you're in the USA, it means that   
   > you're going to have to live within its operational structures.  For day   
   > to day living, that can be independent if that's your preference, but as   
   > one ages, there are limitations to doing so, so one may need to decide   
   > for something else.  Moving in with family can be an option, or perhaps   
   > not: that's a function of individual circumstances.  Ditto for perhaps   
   > hosting a boarder/caregiver, etc.   
   >   
   >   
   >> As far as "allocations" are concerned, crypto and sometimes stocks.   
   >> That's all.   
   >   
   > So then ~zero liquid assets outside of one's brokerage?  That appears to   
   > be carrying a pretty high cash flow risk.   
   >   
   >   
   >> And it has been fun to pay some of the sillier bills with the use of   
   >> Robinhood tools. It has been fun to pay $12 for a nice computer, and   
   >> not $1200. Who pays $600 of earned money out of his own pocket for 6   
   >> months of minimum cover car insurance when I have not had a car   
   >> accident in my entire life and a traffic ticket for decades? I like to   
   >> have Robinhood provide those dollars. Same with other silly bills.   
   >> $460/mo for just electricity bill in Winter months?.. Hehe :) I'll use   
   >> a wood burner heater and make that bill $46 instead, and pay even THAT   
   >> with Robinhood dollars :) And it's fun. My "allocations" have never   
   >> been serious enough for me to ruin the life I have by putting more of   
   >> my time and concerns into it.   
   >   
   > Which is all fine when one is still able to go do of that on one's own.   
   >   
   >   
   >   
   >> Ok, I'm blabbering, in one sentence, and not a paragraph: my "net   
   >> worth" is zero. Or might's well be zero. But I manage. And it's fun to   
   >> manage it. Does it answer your question?   
   >   
   > Pretty much, for it is suggesting that your suggestion to buy on the   
   > drop isn't actionable by you personally, as you're suggesting that you   
   > don't have any liquid reserves with which to go "buy low".   
   >   
   > Sure, there can be speculation ...that's what RH does...with the likes   
   > of Margin buys, but this needs to be recognized as gambling, and   
   > hopefully done with highly discretionary funds, not essential living.   
   >   
   >   
   >> If I was a person who'd put an iota of more concern in it, I would be   
   >> another person. I'd be perhaps someone like you. In another type of   
   >> life. But hey, I threw my PhD away for keeping myself who I am _now_.   
   >> You think I'd waste myself with these "allocations" matters too much?   
   >>   
   >> Still, I'll keep this blog going cause the Robinhood game is fun   
   >> enough to play.   
   >   
   > Its always 'fun' in an up market; “Only when the tide goes out do you   
   > discover who's been swimming naked” - Warren Buffett.   
   >   
   > -hh   
      
      
   I don't use margins. It's not a sane strategy. To me it is like a   
   disguised credit card use. I haven't used a credit card since late   
   1980s. Star thinks I use my Mom's though :)   
      
   No I have the money to buy low when I think it would be rewarding. It   
   would sometimes mean selling in some other areas fast to provide the   
   money if I'm desperate for time. But usually I have the money.   
      
   The "net worth" I talked about includes the possibility that I wake up   
   tomorrow and find that I've lost them all. In that sense (i.e. when you   
   include things that can happen to it also), my net worth is zero.   
   Because shit can always happen.   
      
   When it happens, I'd still manage by beginning from zero again. As   
   simple as that.   
      
   You're saying I should be more careful. I thought you knew me better by   
   now. It is too expensive to be more careful than this. In life's   
   currency that is. It isn't worth it, in the same manner that cars who're   
   priced more than $2000 aren't worth the money.   
      
   Don't forget that anybody's net worth is zero. Life's always fast   
   heading that way. But some aren't aware of this and some are. Some ruin   
   95% of life into "money for a better life later", and get to enjoy 5% of   
   it the way they want, and some live 95% of life the way they want, and   
   ruin only 5% of it for money matters.   
      
   Another angle. Do other life forms need money? What is the "net worth"   
   of a mosquito buzzing around? You can't escape the fact that life for a   
   mosquito is every bit the same thing as life for a human.   
      
   Now "buzz" away as I've got to feed the cats, watch a nice pirated   
   movie, and hit the sack :)   
      
   --- SoupGate-DOS v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)