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todipa

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Financial Planner and Investment Manager based out of NY. Love helping folks get their financial house in order. Lately been focusing on stock compensation tax optimization.

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Antisemitism is such a tired strawman. Am I accused of sinophobia if I critique the CCP? Of course not. But critique of Israel is so often interpreted as 'antisemetic'.

In one you criticizing a ruling party, in the other you are criticizing the only majority Jewish country in the world.

Your statement itself isn't anti-Semitic but highly ignorant of the key differences. I don't intend to change your views nor biases but I hope you are able to reflect on what you wrote.

Upstate New York is wealthy in water (a lot of it went unused). NYC is wealthy in economic activity that is taxed at a high rate to provide the State with resources. Are those resources allocated in a manner that is fair and equitable? I don't know.

I think he is completely right. Journalism today looks more like advocacy.

Free-speech liberalism are at odds with the political establishment. The liberal camp has been decimated recently with the rise of both the authoritarian right/left.

From my perspective, what is happening in the US right now is somewhat similar to what happened in the Latin American countries in the 60s and 70s.

I'm very happy I discovered https://www.allsides.com/unbiased-balanced-news It gives me access to articles written about the same subject from both perspectives. What I think it super interesting is how journalists omit certain facts to further their point of view.

Government's argument rests on the fact that Visa shouldn't acquire Plaid because of the potential technology they might create. This is a really dangerous argument.

This is a direct quote from the plaintiff's argument:

"While Plaid’s existing technology does not compete directly with Visa today, Plaid is planning to leverage that technology, combined with its existing relationships with banks and consumers, to facilitate transactions between consumers and merchants in competition with Visa. Like Visa’s online debit services, Plaid’s new debit service would enable consumers to pay for goods and services online with money debited from their bank accounts."

I'm not a lawyer nor an expert in payments but this seems like a stretch to me.

I would be cool if you could analyze this from the peak of the bubble in 2000 to the bottom of the 2008-2009 financial crisis...

...to promote economic growth and upward mobility...

I've always thought that upward mobility is what gives hope and hope is the fuel of persistence. Persistence coupled with patience and passion makes it possible to grow economically.

I think Argentina has a an asset tax on anything above USD $300,000 at 0.75% but they also have basis adjustments for inflation which I think is fair. The basis of all your assets increases as a result of inflation.

DJI Mavic Mini 7 years ago

2019 - Mavic Mini --> 2020 - Mavic Micro --> 2021 - Mavic Nano --> ... ... ... --> 2049 - Mavic Atom --> 2100: Mavic Dark Matter

I don't purchase baby food by Amazon. You can't trust the resellers. I don't understand how there aren't regulations on policing your marketplace for unlawful products, especially those covered by strict liability.

Mark Hurd Has Died 7 years ago

That's really sad. I've always imagined myself dying in my 80s or 90s after seeing grandchildren become adults. At the age of 62, that cuts all of that out...

An interesting parallelism can be drawn between those communities that embraced "progress" and those that didn't. Unfortunately or fortunately (depending on your views), communities that adopted technology thrived and are mainly in control of writing our history so yes, we do have an ingrained bias view.

The success of a cities and nations has always dependent on a couple of variables: 1. Human capital (increasing size and quality) 2. Cheap real estate (ever decreasing share of real estate costs as an input of value creation machinery) 3. Cheap energy costs

In the U.S. and in most developed countries, we've had (1), in some cases (3) but (2) is become scarce.

In my opinion, there are very few modern cities that are able to provide cheap housing these days. It requires an activist government fighting two very powerful forces: existing home owners and corporate landlords. Truth is that the lobby of those interest groups are way more powerful than low income renters.

The other problem is that expanding the housing stock is not sufficient, governments have to provide basic services: water, public transportation access, sewage, etc.

Who is going to pay for them? In most cases, the cost is paid via property taxes (existing homeowners and corporate landlords)

The truth is that we have disincentivized the creation of new housing stock and until we fix the underlying issues of bringing more supply to the market, this issue will continue to worsen.

https://www.zillow.com/research/new-construction-shortgage-2...