• Re: pfSense

    From Digimaus@618:618/1 to Jas Hud on Sat Jan 27 10:07:00 2024
    (Moved from the computer chat echo)

    Jas Hud wrote to Sean Dennis <=-

    Someday I'd like to get some land and get a pre-fab house put on it. I
    you'd have to have a big chunk of money to do that.

    I'm working on it. All I have is time right now.

    i heard they are up in price everywhere. the quality is not great so i wouldn't recommend it. also your pipes will freeze if it gets cold enough. probably not an issue for your area.

    I'd have to have it modified for my needs and I don't know if that could be done which is why I'd rather have a house.

    -- Sean

    ... Shout out to old people as we can't hear that well.
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  • From Jas Hud@618:250/1 to Digimaus on Sat Jan 27 15:02:53 2024
    To: Digimaus
    Re: Re: pfSense
    By: Digimaus to Jas Hud on Sat Jan 27 2024 10:07 am

    wouldn't recommend it. also your pipes will freeze if it gets cold enough. probably not an issue for your area.

    I'd have to have it modified for my needs and I don't know if that could be done which is why I'd rather have a house.


    Just keep playing the lottery!
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  • From Digimaus@618:618/1 to Jas Hud on Sat Jan 27 18:44:35 2024
    Jas Hud wrote to Digimaus <=-

    Just keep playing the lottery!

    The lottery is a tax on the stupid.

    -- Sean
    ... Swarm of flying insects threaten town! Police deploy the SWAT team!
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  • From Arelor@618:250/24 to Digimaus on Sun Jan 28 06:37:03 2024
    Re: Re: pfSense
    By: Digimaus to Jas Hud on Sat Jan 27 2024 06:44 pm

    The lottery is a tax on the stupid.

    Agreed.

    The fact so many STEM people falls for it is depresing.

    I think a lot of it is social presure only. It is very typical in Spain for people in the workplace to pool money in and buy a lottery ticket for the whole office every now and then. If everybody is doing it and you don't participate, you come across as the weird sociopathic guy.

    I am the weird sociopathic guy, but not because I don't play the lottery (because I don't).

    --
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  • From August Abolins@618:250/1.9 to Arelor on Sun Jan 28 09:30:00 2024
    Hello Arelor!

    The lottery is a tax on the stupid.

    Agreed.

    The fact so many STEM people falls for it is depresing.

    I think it's hit and miss for many people. I might buy one
    from time to time, but I don't play regularly. However, I do
    see many people checking their "scratch" tickets though; I
    don't buy those.

    Someone sent me a crossword scratch ticket for Christmas.. and
    that rendered a $20 cash prize.

    I don't even remember the last time I bought a lottery ticket.
    I think it was over 8 months ago.


    I think a lot of it is social presure only. It is very
    typical in Spain for people in the workplace to pool money
    in and buy a lottery ticket for the whole office every now
    and then. If everybody is doing it and you don't
    participate, you come across as the weird sociopathic guy.

    I don't think there is much "pressure" in workplaces here in
    NA. However, I left the typical workplace back in 1996, so
    maybe I'm wrong. But there wasn't any pressure to participate
    in a lottery pool in my engineering wokplaces back then.


    I am the weird sociopathic guy, but not because I don't
    play the lottery (because I don't).

    :D



    --
    ../|ug


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  • From Digimaus@618:618/1 to Arelor on Sun Jan 28 11:39:34 2024
    Arelor wrote to Digimaus <=-

    I think a lot of it is social presure only. It is very typical in Spain for people in the workplace to pool money in and buy a lottery ticket
    for the whole office every now and then. If everybody is doing it and
    you don't participate, you come across as the weird sociopathic guy.

    Here, they play it up ad additional money for the public education system (which in reality is just flushing it down the toilet). A lot of poor
    people spend a good chunk of their government money on lottery tickets.

    I am the weird sociopathic guy, but not because I don't play the
    lottery (because I don't).

    I don't recall any workplace I've been at doing that. It might not be
    really common here, dunno.

    -- Sean

    ... WANTED: Man to work in dynamite factory. Must be willing to travel.
    --- MultiMail/Linux v0.52
    * Origin: Outpost BBS * Johnson City, TN (618:618/1)
  • From Digimaus@618:618/1 to Arelor on Sun Jan 28 11:42:36 2024
    (Moved from Computer Chat)

    Arelor wrote to Sean Dennis <=-

    What are the economics of using blottled gas over there? If you only
    need heating in deep winter, then maybe it is better to use bottled gas for three months tops than to pay for a natural gas subscription for
    the whole year.

    Not allowed to use propane in the city limits. Outside of the city limits, it's commonly used.

    -- Sean

    ... Fast, easy, cheap: sounds a back alley relationship, not lunch.
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  • From Jas Hud@618:250/1 to August Abolins on Sun Jan 28 12:29:58 2024
    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Arelor on Sun Jan 28 2024 09:30 am


    Agreed.

    The fact so many STEM people falls for it is depresing.

    I think it's hit and miss for many people. I might buy one
    from time to time, but I don't play regularly. However, I do
    see many people checking their "scratch" tickets though; I
    don't buy those.


    i knew a guy who would win hundreds of dollars on some scratchoffs he got from gasstations each month. i don't know how much he would put in, but he was showing us his winnings each week. he was really addicted to it.
    maybe he found some trick or found the right one to buy.
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  • From August Abolins@618:400/23.10 to Digimaus on Sun Jan 28 17:19:00 2024
    Hello Digimaus!

    Here, they play it up ad additional money for the public
    education system (which in reality is just flushing it down
    the toilet).

    Similar play-it-up here (Canada) too. The lottery corp claims
    that the majority of the unclaimed prizes goes to charities and
    public programmes.


    A lot of poor people spend a good chunk of
    their government money on lottery tickets.

    I know someone who was/is living on disability and in low-
    income housing, and won a lottery prize in the low 6-digits.
    She opted NOT to claim the winnings. If she did, the gov't
    would take her off disability and disqualify her for low-income
    housing.

    I am not sure how she navigated that.

    --
    ../|ug

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  • From Digimaus@618:618/1 to August Abolins on Sun Jan 28 20:13:25 2024
    August Abolins wrote to Digimaus <=-

    Similar play-it-up here (Canada) too. The lottery corp claims
    that the majority of the unclaimed prizes goes to charities and
    public programmes.

    I think here it just goes to grease people's palms.

    I am not sure how she navigated that.

    That is an interesting choice. I'd love to not be dependent on the
    government like I am now.

    -- Sean

    ... You know you're getting old when the candles cost more than the cake.
    --- MultiMail/Linux v0.52
    * Origin: Outpost BBS * Johnson City, TN (618:618/1)
  • From Digimaus@618:618/1 to Kurt Weiske on Sun Jan 28 20:23:27 2024
    (Moved from Computer Chat)

    $489 in California, on an EV time-of-day plan. 3 bedroom house, 2 gas heaters and 2 electric space heaters.

    I believe it. That's on the cheaper side, I bet.

    We did a remodel in our bedroom last year and ditched a huge gas
    heater. Most of the time that we're in there, we're in bed under
    covers, so don't need heat in that room very often.

    That makes sense. I turn off the heat in my apartment at night since I
    keep plenty warm under blankets.

    Our rates just went up 20%. Our utility company has a pretty good thing going.

    It wouldn't be PG&E, would it?

    Everyone knows it should be privatized but whoever attempts it will
    have so much campaign money funneled to their opponents that they'd
    never make it through the next election.

    Absolutely.

    Here, I deal with Brightridge (my local PUC/co-op) that buys from the
    TVA. I'm lucky. With my being in the hospital this month, my electric
    bill should be really, really low.

    I miss California (and the west coast as a whole) but I'll never live
    there again.

    -- Sean

    ... Never start a conversation with Pi. It'll just go on forever.
    --- MultiMail/Linux v0.52
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  • From Jas Hud@618:250/1 to Digimaus on Sun Jan 28 20:38:35 2024
    To: Digimaus
    Re: Re: pfSense
    By: Digimaus to Arelor on Sun Jan 28 2024 11:39 am

    people spend a good chunk of their government money on lottery tickets.

    I am the weird sociopathic guy, but not because I don't play the lottery (because I don't).

    I don't recall any workplace I've been at doing that. It might not be really common here, dunno.


    it's common. there's been lottery winnings that had to be split with coworkers.
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  • From Jas Hud@618:250/1 to August Abolins on Sun Jan 28 20:40:09 2024
    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Digimaus on Sun Jan 28 2024 05:19 pm

    would take her off disability and disqualify her for low-income
    housing.

    I am not sure how she navigated that.

    she gave it to a friend and they cashed it.
    why even buy it then?

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  • From Jas Hud@618:250/1 to Digimaus on Mon Jan 29 07:35:59 2024
    To: Digimaus
    Re: Re: pfSense
    By: Digimaus to Arelor on Sun Jan 28 2024 11:42 am


    Not allowed to use propane in the city limits. Outside of the city limits, it's commonly used.


    so is that for everything, or just prefab homes? because propane is an excellent fuel.
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  • From Kurt Weiske@618:300/16 to August Abolins on Mon Jan 29 06:54:00 2024
    August Abolins wrote to Arelor <=-

    I don't even remember the last time I bought a lottery ticket.
    I think it was over 8 months ago.


    In college, during one of my club meetings, one of the members asked
    everyone for a dollar, no questions asked. He collected around 10
    dollars. The next meeting, he brought 10 scratchers, and we won around
    30 dollars. The meeting after that, he brought 30 scratchers. We ended
    up hovering around 50-60 dollars in winning, which we spent on beer
    before losing too much.



    ... All of my certifications are self-signed.
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  • From Kurt Weiske@618:300/16 to Digimaus on Mon Jan 29 06:58:00 2024
    Digimaus wrote to Kurt Weiske <=-


    It wouldn't be PG&E, would it?

    Yes. The same company that went bankrupt in 2001, but not after
    funneling a $5 billion payment to PGE Corp before doing so. It's
    incredulous seeing what corporations will do when there's no
    consequence.





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  • From Digimaus@618:618/1 to Kurt Weiske on Mon Jan 29 12:24:32 2024

    Yes. The same company that went bankrupt in 2001, but not after
    funneling a $5 billion payment to PGE Corp before doing so. It's incredulous seeing what corporations will do when there's no
    consequence.

    Ah yes, the same company who couldn't shut down a nuclear power plant right (the one in Rainer, Oregon). You can be sure the state had their palms
    greased in that deal.

    -- Sean


    ... "The welfare of humanity is always the alibi of tyrants." -- Camus
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  • From Jas Hud@618:250/1 to Kurt Weiske on Mon Jan 29 13:09:47 2024
    To: Kurt Weiske
    Re: Re: the lottery is a tax
    By: Kurt Weiske to August Abolins on Mon Jan 29 2024 06:54 am

    In college, during one of my club meetings, one of the members asked
    everyone for a dollar, no questions asked. He collected around 10
    dollars. The next meeting, he brought 10 scratchers, and we won around
    30 dollars. The meeting after that, he brought 30 scratchers. We ended


    someone asked you all for money and nobody asked questions?
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  • From Arelor@618:250/24 to August Abolins on Fri Feb 2 16:46:00 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Sun Jan 28 2024 09:30 am

    I don't think there is much "pressure" in workplaces here in
    NA. However, I left the typical workplace back in 1996, so
    maybe I'm wrong. But there wasn't any pressure to participate
    in a lottery pool in my engineering wokplaces back then.


    I don't mean actual preassure, as when they try to coerce or foce you.

    It is just one of those things that give the tribe its identity, and if you fail to do enough of them you end up market as an outsider and a weirdo.

    --
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  • From Arelor@618:250/24 to Digimaus on Fri Feb 2 16:48:03 2024
    Re: Re: pfSense
    By: Digimaus to Arelor on Sun Jan 28 2024 11:42 am

    Not allowed to use propane in the city limits. Outside of the city limits, it's commonly used.

    That kind of sucks.

    Not many people uses bottled gas here, but at least if you are not well off you have the option to.

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  • From Arelor@618:250/24 to August Abolins on Fri Feb 2 16:55:38 2024
    Re: the lottery is a tax
    By: August Abolins to Digimaus on Sun Jan 28 2024 05:19 pm

    I know someone who was/is living on disability and in low-
    income housing, and won a lottery prize in the low 6-digits.
    She opted NOT to claim the winnings. If she did, the gov't
    would take her off disability and disqualify her for low-income
    housing.


    This begs the question: why do you play if you don't plan to claim the prize?

    I assume the idea is to claim the prize if it is obscene, but realistically, most prizes you get from these things are not life-changing.

    If I got a low 6-digit prize I would invest it. ¿If you put 100 grand in the proper companies you will have a base salary of 400 bucks per month on dividends alone. That does not make a living, but makes for a log of dog and horse food.

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  • From Digimaus@618:618/1 to Jas Hud on Mon Feb 5 13:29:40 2024
    (Moved from computer chat)
    Jas Hud wrote to Digimaus <=-

    so you can't have any type of propane?

    You can have 5 gallon containers, yes, but my apartment complex forbids propane-powered anything due to insurance restrictions.

    -- Sean
    ... Broken barometer for sale. No pressure.
    --- MultiMail/Linux v0.52
    * Origin: Outpost BBS * Johnson City, TN (618:618/1)
  • From Digimaus@618:618/1 to Kurt Weiske on Mon Feb 5 13:35:10 2024
    (Moved from Computer Chat)
    Kurt Weiske wrote to Digimaus <=-

    Up in the Sierra Nevada mountains, we had our choice of going all
    electric or setting up one of those big propane tanks. We don't live
    there year-round, so we went all electric.

    That makes sense. You'd not want propane sitting for long periods of time unused.

    Propane and snow are a bad combination. We had a couple of big winters where tanks exploded. I don't know if they imploded or if the snow was
    too great for the connectors and pipes. Most likely, the latter.

    Possibly the snow caused the pressure to build in the tanks. I haven't seen that around here but it's rare for us to get more than a few inches in the valley though higher up they get a foot or two.

    -- Sean
    ... I have a photographic memory. What's your name again?
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  • From Jas Hud@618:250/1 to Digimaus on Mon Feb 5 16:01:56 2024
    To: Digimaus
    Re: pfSense
    By: Digimaus to Kurt Weiske on Mon Feb 05 2024 01:35 pm

    Possibly the snow caused the pressure to build in the tanks. I haven't seen that around here but it's rare for us to get more than a few inches in the valley though higher up they get a foot or two.


    nah it doesn't do that. and if it gets real cold it'll be liquid.
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  • From August Abolins@618:250/1.9 to Arelor on Mon Feb 5 19:55:00 2024
    Hello Arelor!

    ** On Friday 02.02.24 - 16:55, Arelor wrote:

    I know someone who was/is living on disability and in low-
    income housing, and won a lottery prize in the low 6-digits.
    She opted NOT to claim the winnings. If she did, the gov't
    would take her off disability and disqualify her for low-income
    housing.


    This begs the question: why do you play if you don't plan to claim the prize?

    Maybe because the lower payouts are more frequent than the big
    ones? ..and they want to experience more frequent wins? The
    person who told me about her 6-digit winnings was not aware
    that it would impact her existing gov't handhouts.


    If I got a low 6-digit prize I would invest it. ┬┐If you
    put 100 grand in the proper companies you will have a base
    salary of 400 bucks per month on dividends alone. That does
    not make a living, but makes for a log of dog and horse
    food.

    So.. you got ANY $s in such investments? They say even a low
    $100 every now and then is enough to get started.




    --
    ../|ug

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  • From Kurt Weiske@618:300/16 to Digimaus on Tue Feb 6 06:21:00 2024
    Digimaus wrote to Kurt Weiske <=-

    Possibly the snow caused the pressure to build in the tanks. I haven't seen that around here but it's rare for us to get more than a few
    inches in the valley though higher up they get a foot or two.

    We've had a huge system settled in over California, we had rain nonstop
    for around 48 hours on the coast, and reports of 2-3 feet of new snow at
    our cabin.



    ... The tape is now the music
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  • From Arelor@618:250/24 to August Abolins on Tue Feb 6 12:01:47 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Mon Feb 05 2024 07:55 pm

    So.. you got ANY $s in such investments? They say even a low
    $100 every now and then is enough to get started.


    Well, I am a young man who has three sources of income, nearly no expenses, and lives in a country in which saving money is frowned upon and penalized, so... yeah, I am currently pumping all the money I don't have immediate use for into investments.

    Basically, I am buying:

    * Things that I will use to save money by producing things I use. For example, equipment for preserving food, equipment for growing food. You get the idea.

    * Stocks from established companies with no bullshit business plans. A company with no meaningful growth prospects that has a good payout and healthy accounting is a better buy for me than a company that grows taking money from investors in exchange of developing vaporware products. I have enough friends in IT to know most vaporware products won't materialize and the ones who do won't pay their money back to investors.

    * Things I am going to use, are going to become more expensive in the future, and I can keep in storage for a reasonable length of time (such as alcohol, solid fuels, tools).

    Ideally I will have a supplementary income big enough when I turn 40 that I could get by just on dividends from my investments and a single non-stressful job - since I don't have meaningful debts anyway - plus I will keep the capability of producing so much stuff for self-consumption if need be.

    I guess the advantage of not having a girl is you can find better uses for your money (lol)

    --
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  • From Jas Hud@618:250/1 to Kurt Weiske on Tue Feb 6 13:14:58 2024
    To: Kurt Weiske
    Re: Re: pfSense
    By: Kurt Weiske to Digimaus on Tue Feb 06 2024 06:21 am

    From Newsgroup: micronet.chat.general

    Digimaus wrote to Kurt Weiske <=-

    Possibly the snow caused the pressure to build in the tanks. I haven't seen that around here but it's rare for us to get more than a few inches in the valley though higher up they get a foot or two.

    We've had a huge system settled in over California, we had rain nonstop
    for around 48 hours on the coast, and reports of 2-3 feet of new snow at
    our cabin.



    You just described every day in january in my home state of wisconsin
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  • From Jas Hud@618:250/1 to Mike Powell on Wed Feb 7 13:02:08 2024
    To: Mike Powell
    Re: Re: pfSense
    By: Mike Powell to JAS HUD on Wed Feb 07 2024 10:29 am

    from the tanks to the houses/cabins was not burried deep enough, or maybe the installers did something else that didn't take the cold and snow into account.

    They are probably used to it in Wisconsin but, in California, if the
    company that handled the install was not from the snowy mountain area they may not have installed it right.


    he said tanks exploded or imploded.

    Up in the Sierra Nevada mountains, we had our choice of going all
    electric or setting up one of those big propane tanks. We don't live
    there year-round, so we went all electric.

    Propane and snow are a bad combination. We had a couple of big winters
    where tanks exploded. I don't know if they imploded

    he probably had defective tanks.
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  • From Jas Hud@618:250/1 to Kurt Weiske on Tue Feb 6 13:16:42 2024
    To: Kurt Weiske
    Re: Re: pfSense
    By: Kurt Weiske to Jas Hud on Tue Feb 06 2024 06:22 am

    From Newsgroup: micronet.comp

    Jas Hud wrote to Kurt Weiske <=-

    ps my tanks have been sitting outside in -20 windchill this year.


    I think it was more a function of the 15 feet of snow surrounding the
    tank.


    what would that do? do you think the snow would crush the tanks?
    it hasnt crushed anything outside where i live and we've had lots of snow some years.
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  • From Kurt Weiske@618:300/16 to Jas Hud on Sun Feb 11 09:03:00 2024
    Jas Hud wrote to Mike Powell <=-

    They are probably used to it in Wisconsin but, in California, if the
    company that handled the install was not from the snowy mountain area they may not have installed it right.


    he said tanks exploded or imploded.

    The tanks aren't the problem, the gas lines running *to* the tanks are.
    The propane leaks out and ignites.




    ... The tape is now the music
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  • From Jas Hud@618:250/1 to Kurt Weiske on Sun Feb 11 17:33:27 2024
    To: Kurt Weiske
    Re: Re: pfSense
    By: Kurt Weiske to Jas Hud on Sun Feb 11 2024 09:03 am

    From Newsgroup: micronet.chat.general

    Jas Hud wrote to Mike Powell <=-

    They are probably used to it in Wisconsin but, in California, if the company that handled the install was not from the snowy mountain area they may not have installed it right.


    he said tanks exploded or imploded.

    The tanks aren't the problem, the gas lines running *to* the tanks are.
    The propane leaks out and ignites.

    Okay that's different from what you were saying before.

    " KW> Propane and snow are a bad combination. We had a couple of big winters
    where tanks exploded. I don't know if they imploded or if the snow was
    too great for the connectors and pipes. Most likely, the latter. "

    Why did they ignite?

    this just seems like some made up story.

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  • From Mike Powell@618:250/1 to KURT WEISKE on Mon Feb 12 10:34:00 2024
    They are probably used to it in Wisconsin but, in California, if the company that handled the install was not from the snowy mountain area they may not have installed it right.

    he said tanks exploded or imploded.

    The tanks aren't the problem, the gas lines running *to* the tanks are.
    The propane leaks out and ignites.

    I thought you mentioned the gas lines at some point. ;)

    Mike


    * SLMR 2.1a * Have you seen Quasimodo? I had a hunch he was back.
    --- SBBSecho 3.14-Linux
    * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (618:250/1)
  • From Jas Hud@618:250/1 to Mike Powell on Mon Feb 12 15:38:21 2024
    To: Mike Powell
    Re: Re: pfSense
    By: Mike Powell to KURT WEISKE on Mon Feb 12 2024 10:34 am

    From Newsgroup: micronet.chat.general

    They are probably used to it in Wisconsin but, in California, if the company that handled the install was not from the snowy mountain area they may not have installed it right.

    he said tanks exploded or imploded.

    The tanks aren't the problem, the gas lines running *to* the tanks are.
    The propane leaks out and ignites.

    I thought you mentioned the gas lines at some point. ;)


    he mentioned everything. none of it makes sense.
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  • From August Abolins@618:400/23.10 to Arelor on Thu Feb 22 17:27:00 2024
    Hello Arelor!

    ** On Tuesday 06.02.24 - 12:01, Arelor wrote to August Abolins:

    Basically, I am buying: [...]

    * Stocks from established companies with no bullshit
    business plans. A company with no meaningful growth
    prospects that has a good payout and healthy accounting is
    a better buy for me than a company that grows taking money
    from investors in exchange of developing vaporware
    products. I have enough friends in IT to know most
    vaporware products won't materialize and the ones who do
    won't pay their money back to investors.

    Does that include NVIDIA? Its stock seems to have doubled since
    January 1, and almost went 500% since 12 months ago.

    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: (618:400/23.10)
  • From Arelor@618:250/24 to August Abolins on Thu Feb 22 18:02:30 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Thu Feb 22 2024 05:27 pm

    Does that include NVIDIA? Its stock seems to have doubled since
    January 1, and almost went 500% since 12 months ago.

    NVIDIA is an overheated value.

    Its Price to Earnings stat isn't great - ie. each stock does not represent enough productive power from the company to be considered a great deal for the buck.

    NVIDIA has a low dividend, to the point of being non-existent.

    Generally, I regard hyped-tech companies as gambling investments. Sure, they can spike high and fix your day, but since most of them lack productive power enough to sustain their absurd prices, you can find yourself in the other end of the spectrum.

    Compare NVIDIA to an average Spanish utility company. Sure, they won't spike and make you rich, but they are cheap to buy and will pay a very good dividend for their entry price for decades to come. Consider that Spanish companies tend to pay higher dividends than American ones, by miles.

    --
    gopher://gopher.richardfalken.com/1/richardfalken
    --- SBBSecho 3.20-Linux
    * Origin: Palantir * palantirbbs.ddns.net * Pensacola, FL * (618:250/24)
  • From August Abolins@618:400/23.10 to Arelor on Sun Feb 25 08:56:00 2024
    Hello Arelor!

    ** On Thursday 22.02.24 - 18:02, Arelor wrote to August Abolins:

    NVIDIA is an overheated value.

    Its Price to Earnings stat isn't great - ie. each stock
    does not represent enough productive power from the company
    to be considered a great deal for the buck.

    But for the last year it has produced pretty good value. a
    simple $1000 investment a year ago would be $6000 now. That's
    pretty good in my book.

    NVIDIA has a low dividend, to the point of being non-
    existent.

    Yes.. I recall your dividend approach.


    Generally, I regard hyped-tech companies as gambling
    investments. Sure, they can spike high and fix your day,
    but since most of them lack productive power enough to
    sustain their absurd prices, you can find yourself in the
    other end of the spectrum.

    But NVIDIA is supposed to be different. It's their tech that is
    behind all that is driving the AI boom.


    Compare NVIDIA to an average Spanish utility company. Sure,
    they won't spike and make you rich, but they are cheap to
    buy and will pay a very good dividend for their entry price
    for decades to come. Consider that Spanish companies tend
    to pay higher dividends than American ones, by miles.

    Ah.. and you are remaining domestic. That's probably a prudent
    approach.

    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: (618:400/23.10)
  • From Arelor@618:250/24 to August Abolins on Sun Feb 25 16:59:36 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Sun Feb 25 2024 08:56 am

    But for the last year it has produced pretty good value. a
    simple $1000 investment a year ago would be $6000 now. That's
    pretty good in my book.

    But NVIDIA is supposed to be different. It's their tech that is
    behind all that is driving the AI boom.



    Ah.. and you are remaining domestic. That's probably a prudent
    approach.


    First things first:

    The stock price multiplying itself by 6 does not mean the company is producing value. Obviously, if you pick such a raise, that's great, because you can pump and dump and be done with it.

    What often happens is investors start overrating or underrating mediatic stocks based on speculation regarding what might happen to the firm next. You can make great gains jumping in with them, but the point is at that time you are gambling rather than investing.

    When you buy a stock at a higher price than the current state of the company grants, because you "know" they will control the next hyped cool thing (ie. AI) in a couple of years, you are not buying the productive value of the company as much as you are buying a hope.

    Most tech companies would take half a century or more to pay their investors back from their benefits because so many people is investing in hope rather than productive value. These investors are banking on the fact the firm will multiply its productivity so wildly and in such a short term that I think they are either bonkers or willingly playing Tulipmania.

    I don't remain domestic in my investments. I have purchased all the Spanish stock I wanted for my portfolio and now I am investing outside, because Spain sucks.

    --
    gopher://gopher.richardfalken.com/1/richardfalken
    --- SBBSecho 3.20-Linux
    * Origin: Palantir * palantirbbs.ddns.net * Pensacola, FL * (618:250/24)
  • From August Abolins@618:400/23.10 to Arelor on Mon Feb 26 21:32:00 2024
    Hello Arelor!

    ** On Sunday 25.02.24 - 16:59, Arelor wrote to August Abolins:

    The stock price multiplying itself by 6 does not mean the
    company is producing value. Obviously, if you pick such a
    raise, that's great, because you can pump and dump and be
    done with it.

    What often happens is investors start overrating or
    underrating mediatic stocks based on speculation regarding
    [...]

    Sounds like you have a fine grip on picking the right
    investments. You will be all set for your retirement years. :D

    I registered with an investment newsletter a log while ago, and
    NVIDIA was a recommend at least a year ago. That 500% return
    would be a nice thing right about now. There have been some
    other fine recommends when to buy and when to sell. All of
    those were good opportunities. I'm just observing their
    success rate.


    Most tech companies would take half a century or more to
    pay their investors back from their benefits because so
    many people is investing in hope rather than productive
    value. These investors are banking on the fact the firm
    will multiply its productivity so wildly and in such a
    short term that I think they are either bonkers or
    willingly playing Tulipmania.

    I think they count on the massive % increases afforded by penny
    stock. 5cents to 1dollar is a huge increase!


    I don't remain domestic in my investments. I have purchased
    all the Spanish stock I wanted for my portfolio and now I
    am investing outside, because Spain sucks.

    "Spain sucks" seems to be your mantra. Noted. Hope you find
    some suitable foreign stock.

    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: (618:400/23.10)
  • From Arelor@618:250/24 to August Abolins on Tue Feb 27 14:10:05 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Mon Feb 26 2024 09:32 pm

    "Spain sucks" seems to be your mantra. Noted. Hope you find
    some suitable foreign stock.


    I found some UK company that has operations all over Africa. It managed to get a nice spike of value right after I bought it. If I was trading and I had sold I would have made 9% in three months or so.

    The real bummer is that, according to their docs, they "respect
    the human rights of their niggers," which is a bummer because I am sure that makes the company less profitable.

    Ok ok, stop throwing tomatoes at me.

    --
    gopher://gopher.richardfalken.com/1/richardfalken
    --- SBBSecho 3.20-Linux
    * Origin: Palantir * palantirbbs.ddns.net * Pensacola, FL * (618:250/24)
  • From Arelor@618:250/24 to August Abolins on Tue Feb 27 14:19:14 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Mon Feb 26 2024 09:32 pm

    "Spain sucks" seems to be your mantra. Noted. Hope you find
    some suitable foreign stock.

    By the way, my real mantras are:

    "People sucks and deserves to die"

    and

    "They lits this fire, let them burn in it!"

    I like the latter because people always ignores my wise advice, does something stupid, and get bitten in the ass while I watch from afar :-P

    --
    gopher://gopher.richardfalken.com/1/richardfalken
    --- SBBSecho 3.20-Linux
    * Origin: Palantir * palantirbbs.ddns.net * Pensacola, FL * (618:250/24)
  • From August Abolins@618:400/23.10 to Arelor on Mon Mar 4 07:36:00 2024
    Hello Arelor!

    ** On Sunday 25.02.24 - 16:59, Arelor wrote to August Abolins:

    But NVIDIA is supposed to be different. [...]

    First things first:

    The stock price multiplying itself by 6 does not mean the company is producing value. Obviously, if you pick such a raise, that's great,
    because you can pump and dump and be done with it.

    It's still seems to be doing quite well. Even for someone
    picking the stock since about a month ago, the price has
    climbed quite a bit.

    What's your stake on cryptos? Bitcoin seems to be on another
    nice climb right now.


    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: (618:400/23.10)
  • From Jas Hud@618:250/1 to August Abolins on Mon Mar 4 10:48:40 2024
    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Arelor on Mon Mar 04 2024 07:36 am

    What's your stake on cryptos? Bitcoin seems to be on another
    nice climb right now.

    i wouldn't really call it 'nice'. it's not total shit.

    I invested money 3 years ago and it tanked. now it's finally done a little more than break even.
    --- Synchronet 3.19b-Win32 NewsLink 1.113
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    * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (618:250/1)
  • From Gamgee@618:250/24 to Jas Hud on Tue Mar 5 07:59:00 2024
    Jas Hud wrote to August Abolins <=-

    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Arelor on Mon Mar 04 2024 07:36 am

    What's your stake on cryptos? Bitcoin seems to be on another
    nice climb right now.

    i wouldn't really call it 'nice'. it's not total shit.

    I invested money 3 years ago and it tanked. now it's finally
    done a little more than break even.

    Investing is a marathon, not a sprint.



    ... Wisdom is knowing what to do with what you know.
    === MultiMail/Linux v0.52
    --- SBBSecho 3.20-Linux
    * Origin: Palantir * palantirbbs.ddns.net * Pensacola, FL * (618:250/24)
  • From Arelor@618:250/24 to August Abolins on Tue Mar 5 13:42:41 2024
    Re: the lottery is a tax
    By: August Abolins to Arelor on Mon Mar 04 2024 07:36 am

    What's your stake on cryptos? Bitcoin seems to be on another
    nice climb right now.


    I like Cryptocurrencies as a concept. Money that is not controlled by the government is a great idea.

    As an investment, I am not a fan. I don't like storing my savings as "money", which includes both regular and non-regular versions of money.

    --
    gopher://gopher.richardfalken.com/1/richardfalken
    --- SBBSecho 3.20-Linux
    * Origin: Palantir * palantirbbs.ddns.net * Pensacola, FL * (618:250/24)
  • From Jas Hud@618:250/1 to Arelor on Tue Mar 5 16:56:24 2024
    To: Arelor
    Re: the lottery is a tax
    By: Arelor to August Abolins on Tue Mar 05 2024 01:42 pm


    I like Cryptocurrencies as a concept. Money that is not controlled by the government is a great idea.

    As an investment, I am not a fan. I don't like storing my savings as "money", which includes both regular and non-regular versions of money.


    it's not really money. it's pseudo money. it's the same as if we started using leaves as money. it's money because some people treat it like money.

    i'm going to wait until it goes up a bit more and then cash it out into
    my govt's fake money.
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    * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (618:250/1)
  • From Kurt Weiske@618:300/16 to Arelor on Wed Mar 6 06:38:00 2024
    Arelor wrote to August Abolins <=-

    I like Cryptocurrencies as a concept. Money that is not controlled by
    the government is a great idea.

    As an investment, I am not a fan. I don't like storing my savings as "money", which includes both regular and non-regular versions of money.

    As a means of transfer, it's got some potential and you don't run into
    issues with volatility.


    ... An easement is the abandonment of a stricture
    --- MultiMail/Win v0.52
    * Origin: realitycheckBBS.org -- information is power. (618:300/16)
  • From August Abolins@618:250/1.9 to Jas Hud on Tue Mar 5 20:22:00 2024
    Hello Jas Hud!

    it's not really money. it's pseudo money. it's the same as
    if we started using leaves as money. it's money because
    some people treat it like money.

    Bitcoin is not like banking with leaves. Leaves are infinite,
    bitcoin is finite. And as more and more bitcoin is mined, the
    less remains.

    But I get your meaning of pseudo money in the sense that
    practically anything could be treated as money as long as
    people agree it has value. The more people actually use a
    particular crypto for buying/selling then that is the metric
    for accepted value.

    i'm going to wait until it goes up a bit more and then
    cash it out into my govt's fake money.

    Excellent. Sounds like you will have a nice chunk of change
    after that.

    I've been leary of the exchanges. Many have been hacked and
    people's holdings have gone missing or are nolonger accessible.
    The key would be to keep ones crypto in ones own wallet. I
    could never settle with a particular wallet program - even that
    could go tits-up if the device it's used on breaks down.


    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: The LOOK of MicroNET https://kolico.ca/ftn/micronet (618:250/1.9)
  • From Jas Hud@618:250/1 to August Abolins on Tue Mar 5 20:53:32 2024
    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Jas Hud on Tue Mar 05 2024 08:22 pm

    i'm going to wait until it goes up a bit more and then
    cash it out into my govt's fake money.

    Excellent. Sounds like you will have a nice chunk of change
    after that.


    i'm just looking to break even. and have extra money for the 3 years.

    I've been leary of the exchanges. Many have been hacked and
    people's holdings have gone missing or are nolonger accessible.
    The key would be to keep ones crypto in ones own wallet. I
    could never settle with a particular wallet program - even that
    could go tits-up if the device it's used on breaks down.

    i used coinbase and that's the first time my creditcard number was stolen. someone bought sports equipment from all over the country.
    --- Synchronet 3.19b-Win32 NewsLink 1.113
    * bbses.info - http://bbses.info - telnet://bbses.info
    * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (618:250/1)
  • From August Abolins@618:250/1.9 to Jas Hud on Wed Mar 6 08:24:00 2024
    Hello Jas Hud!

    i used coinbase and that's the first time my creditcard number was
    stolen. someone bought sports equipment from all over the country.

    I take it you're using another exchange and not coinbase now? I
    fear the period of uncertainty when transferring crypto to the
    esxchange and waiting for the conversion to happen.

    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: The LOOK of MicroNET https://kolico.ca/ftn/micronet (618:250/1.9)
  • From Jas Hud@618:250/1 to August Abolins on Wed Mar 6 14:39:10 2024
    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Jas Hud on Wed Mar 06 2024 08:24 am


    I take it you're using another exchange and not coinbase now? I
    fear the period of uncertainty when transferring crypto to the
    esxchange and waiting for the conversion to happen.

    yeah i junked my data in my account and then abandoned coinbase.
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    * Origin: capitolcityonline.net * Telnet/SSH:2022/HTTP (618:250/1)
  • From August Abolins@618:400/23.10 to Jas Hud on Fri Mar 8 20:43:00 2024
    Hello Jas Hud!

    ** On Monday 04.03.24 - 10:48, Jas Hud wrote to August Abolins:

    What's your stake on cryptos? Bitcoin seems to be on another
    nice climb right now.

    i wouldn't really call it 'nice'. it's not total shit.

    I invested money 3 years ago and it tanked. now it's finally done a little more than break even.

    Break even? That means you bought in around Nov '21 when it was
    listing around 65K$? I kinda tanked after that point and only
    started to rebound in Jan '23.

    Hang on to it. It's poised to climb much higher this year.



    --
    ../|ug

    --- OpenXP 5.0.58
    * Origin: (618:400/23.10)
  • From Jas Hud@618:250/1 to August Abolins on Fri Mar 8 23:14:26 2024
    To: August Abolins
    Re: the lottery is a tax
    By: August Abolins to Jas Hud on Fri Mar 08 2024 08:43 pm


    I invested money 3 years ago and it tanked. now it's finally done

    a
    little more than break even.

    Break even? That means you bought in around Nov '21 when it was
    listing around 65K$? I kinda tanked after that point and only
    started to rebound in Jan '23.

    i last bought it in 2021. it quickly dropped to half that.
    only recently has it jumped up.

    the woman i live with lost more money, but she bought several kinds of crypto. i never really invest in crypto. i buy it and spend it.

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