rkbabang

That would be surely something if he's still around 15 years from now. I hope to see it. There is no shame in not catching the next thing early. Berkshire didn't invest in Amazon in 2002, but they did very well getting into Apple late in the game. There will always be opportunities.

I doubt it will be Ripple, but the next FANGS will be crypto/blockchain related, either companies or crypto-assets. And 10-15 years from now people will look back at the 20-teens through early 2020s and think that it was all so obvious in hindsight and ask themselves why didn't they see it?

When I buy a car I always finance it. The dealer is willing to give you a much better deal if you do. Just pay off the loan after a month. Just make sure there is no pre-payment penalty.

Thanks, I'm going to give a modified version of this a try. I've been searching for the perfect Margarita for over 25 years. I went to visit my wife's uncle in Arizona back in the mid 90's (maybe 1996 or so) and he took us to a restaurant in Nogales, Mexico. You could order pitchers of Margaritas. They were the best Margaritas I've ever had in my life. Since then I've ordered Margaritas at bars and restaurants all over the place (New England, Cancun, Texas, Arizona, San Diego, Las Vegas, Tijuana, ...) as well as countless tries at home and have never come across a Margarita that was nearly as good. Most the Margaritas in the US bars/restaurants are sugary chick-drinks the one I had in Nogales was not sweet at all, so I've come closest at home with just 1 part freshly squeezed limes, <1part tripplesec or grand marnier, and >2 parts tequila (I've tried all different brands/types). It never comes out as good as that one I had in Nogales, so I must be missing something. I'm going to try your recipe with squeezed limes rather than the limeade, because I don't like sugar in my margarita. Maybe the lemon is the key, I've tried adding orange juice, but I don't think I've ever tried adding a lemon. I wish I remembered the name of that restaurant (my wife's aunt and uncle are no longer living).

APTS in my non-taxable account.

I haven't been there since COVID, but I used to take Norwegian out of Boston (no flying!) every couple of years. I'm pretty sure they do Bermuda from NYC too, at least they used to.

I support feminism and the LGBTQIAPKAHQWERTYUIOPASDFGHJKL movements by going to the pink sand beaches in Bermuda.

Exactly. Bitcoin has been about security first, with no compromises. This is why it is #1 by far. Speed / functionality can be handled off chain by other tools/addons if they would compromise security being on chain. You don't need the same level of security to buy a coffee or your groceries for the week as you do to buy a house or store a measurable percentage of your net-worth. There will be a speed/security tradeoff, at least for the foreseeable future.

Yes, I'd like to pay for my coffee with these which I've stored under my mattress do you have change?

What's the population of Russia 150M? 150M people could use crypto, but it wouldn't be easy for 150M people to get up leave Russia today.

https://www.nbcboston.com/news/national-international/mastercard-visa-suspend-operations-in-russia-after-invasion/2661916/

Oh my god, that sounds crazy. I had to re-wire a good portion of my lake house only because it was old 2 wire (no ground) electric with a fabric like insulation that crumbled when you touched it. I didn't have any extension cords going outside and back in through a window though. Like a lot of people here I spend a lot of time on house projects, I pretty much do everything myself. My lake house was a fixer upper when we bought it and we are almost done with it now. One more big project left will be putting in a bathroom in the finished basement. That will be next winter though. My other hobbies are investing, shooting, hiking, boating, reading, cooking, and drinking a hell of a lot of coffee.

#BombsNotEnergy

Nice. Real Estate aside, my investments are about 2/3rd in retirement accounts and 1/3 in taxable. So a lot more than a year's salary in taxable. I'm going to be paying a lot more than my year's salary at my day job in capital gains taxes alone for 2021. That is very unusual though. I was hoping the LAACO deal would close in January, but unfortunately it happened in December. I also bought & sold an unusual amount of options last year (and sold a piece of land I owned in Maine. So it was like everything just piled into 2021.

I hear you. That happened the same year I sold a ton of crypto and paid off both my houses. I've never had a year like that before. I'll complain about the taxes of course, but there are worse problems to have.

Last year for that K1. If it's the same one I wait for every year. But yeah, I really should look into becoming a billionaire too one of these days.

Ask people in Russia if their foreign bank cards all work. You didn't used to be able to buy your groceries with a credit card either in most places. I think the problems you are pointing out are going to change sooner rather than later.

I agree. I think the recent events in Canada and Russia illustrate clearly why a corporate coin or a Central Bank coin will never be a good idea. If governments or corporations can cut you off, then you do not really own what you think you do.

Sounds like me (although I don't have snow mobiles or off road buggys). It isn't like you can buy a lakehouse in NH that isn't heated with oil, and I agree with him, what is the point of a lakehouse if you don't have a boat?

The truth is always somewhere in the middle. If you tow only a few times per year you need the bigger vehicle, but gas prices would have to be tremendously high to justify having a second vehicle for commuting/everyday travel. There is the purchase price + maintenance + insurance + registration + additional taxes in many states. High gas prices sucks for a lot of people. I don't think it is appropriate to dismiss them as whiners who made poor vehicle purchase decisions. Also, not everyone is driving a new vehicle purchased this year, many people purchased their vehicles when gas prices were lower and it made sense.

People have boats, campers, trailers, large families, etc. Where is the car that tows 9000lbs, carries 7 people + cargo for a vacation, and gets 40 miles/gallon?

Grid problem. It doesn't really matter what is generating the electricity if the geniuses who design/maintain/regulate the grid don't think they ever have to worry about occasional cold weather. If the electrical system was designed rationally from the ground up today there would be a small nuclear facility (or three) in every city/town and would only tap the grid for unforeseen emergencies. No failure could wipe out a whole state or region. Of course that isn't what we have. You take out the grid, you take out enormous regions and leave huge populations without power.

An old guy bureaucrat with dementia who is in far far over his head.

Added to PSTH, JOE, TRRSF, & SHOP

Fractional reserve banking is all about confidence. If you destroy that confidence, you destroy (or at least damage) the system.