blackmet posted:

Now I'm 7-3:30 remote. It's great. I turn off my computer and pour a drink at 3:31.

Ixian posted:

Sure you wait until 3:31.

KYOON GRIFFEY JR posted:

four 10s is great

quote:

we’re writing to let you know that the Annual Percentage Yield (APY) for your Online Savings Account is changing from 0.80% APY to 0.60% APY on all balance tiers. Your new APY is effective 9/25/2020 and will show online in your account details on 9/26/2020.

While the COVID-19 pandemic continues to impact rates for savings products, we still offer plenty of ways to set yourself up for saving success in the long term. Here are a few ideas to explore.

Consider investing options.

Residency Evil posted:

quote:

“They think this is going to hell in a hand basket,” one financial adviser told Marketwatch this week, describing his clients’ growing sense of impending doom. Many high-income households are panicking about the upcoming economic crisis - a possible Biden presidency. In an interview on Wednesday with CNBC, JP Morgan Chase CEO Jamie Dimon, whose net worth is currently around $1.3 billion, likewise fretted about the future of the economy and, by extension, the less fortunate. “I remind people, the world, when you slow down the economy, you are hurting the disadvantaged more than anybody else,” he said.

One wealth manager, who declined to be named to protect himself and his clients, says that many of his clients are disregarding his advice. "There is a very real risk to the assets of the high-income under Biden, but I have tried to explain that it is likely to be nominally meddling with capital gains tax rates and can be worked around. But, many of them are getting more panicked as there is more volatility in the market and we're getting closer to election day. I had one client that I begged to reconsider, he asked me to offload stocks before the end of the year in order to avoid any hypothetical capital gains tax increase that might occur. I told him that he was taking a five percent bath if he dumped them now, but he just told me that it was better to take a five percent bath now than a fifty percent bath in capital gains next year. We're talking five percent loss on a mid-to-high seven figure portfolio."

Biden’s other recent offense was to contrast his own working-class roots with Trump’s silver-spoon upbringing and affinity for Wall Street at a town hall in his hometown of Scranton, Pennsylvania, last week. “I view this as a campaign between Scranton and Park Avenue,” Biden said at the event. “How many of you all own stock in Scranton? Not a whole lot of people own stock.”

The Park Avenue Civic Society held a meeting to get the support of its residents to issue a statement condemning Biden for "singling out the residents of Park Avenue, who did nothing to ask for this attention." Several high-profile residents of Park Avenue also chimed in individually. Soledad O’Brien replied, “NYC’s Park Avenue is amazing. No need to knock it. Would be nice to have a President who sees every American as worth fighting for.” On air, MSNBC’s Stephanie Ruhle went further, “I don’t live on Park Avenue, but I live pretty close to it. And do you know how I got there? Working my butt off. He doesn’t want my vote?”

“High-income earners contribute a lot to the tax base,” says Andrew Rein, the president of the Citizens Budget Commission, a New York–based organization that opposes raising taxes. "I know several residents who have decided to shell out money to buy real estate near their homes because they fear the government taking over empty housing in the area. These people can't afford to drop 900 thousand dollars on real estate when they already have a mortgage, but they are willing to stretch themselves to the limit for their neighborhood. It's not a hypothetical or a talking point to the people here."

Leon Trotsky 2012 posted:

SpartanIvy posted:

All these people should be guillotined

KYOON GRIFFEY JR posted:

why would working class americans ever look at *gestures vaguely* and believe that there's Just One America? that's not even getting in to various other marginalized groups. goddamn i need to take a walk.

Leon Trotsky 2012 posted:

therobit posted:

For the life of me I do not understand why people aren't more concerned with 30 million Americans out of work and also the near death of the hospitality and travel industries which is all happening and will gently caress the stock market pretty hard regardless of who wins the election. I think that structurally things will get a ton worse under Cheeto Mussolini than Grabby Grandpa but either way we're hosed in the short to medium term.

quote:

In an interview on Wednesday with CNBC, JP Morgan Chase CEO Jamie Dimon, whose net worth is currently around $1.3 billion, likewise fretted about the future of the economy and, by extension, the less fortunate. “I remind people, the world, when you slow down the economy, you are hurting the disadvantaged more than anybody else,” he said.

therobit posted:

Which is why I sold at the end of August.

Magnetic North posted:

We appreciate the effort, but it's not necessary to create the BWM content yourself. There is already a massive surplus.

Leon Trotsky 2012 posted:

Did you not read the article? They specifically said that they are concerned about the least fortunate and the impact financial services regulation and capital gains tax increases will have on them.

Take your class warfare elsewhere buddy.

Wicked Them Beats posted:

Jamie Dimon: "Take your average poor person. Now imagine how much worse off they'd be if you increased the tax on their dividend payments."

*aide whispers in ear*

JD: "What? What do you mean no stocks? Like, it's all in bonds or real estate?"

Wicked Them Beats posted:

Jamie Dimon: "Take your average poor person. Now imagine how much worse off they'd be if you increased the tax on their dividend payments."

*aide whispers in ear*

JD: "What? What do you mean no stocks? Like, it's all in bonds or real estate?"

bob dobbs is dead posted:

like half the poo poo in the thinking fast and slow book was wrong cuz calling out bullshit in studies was tverskys job and he was dead

Dr. Eldarion posted:

This definitely can affect retirees - increasing taxes on dividends or capital gains could easily screw with a bunch of people's retirements. Should be trivial to get around that with doing it in a progressive manner, and from what I've seen of the Biden proposal, that's the case.

therobit posted:

So.... not seeing how Biden is a bigger threat here than the glaring structural problems that would only deepen under Trump.

Moneyball posted:

Post your humble brags

Enos Cabell posted:

For fresh BWM content head over to the GPU thread in SH/SC. Lots of goons buying $1500 video cards only because they couldn't handle waiting for stock of the 10% slower $700 card.

Leon Trotsky 2012 posted:

If you live in Oregon, you can get Doritos crusted Mountain Dew cheesecake with Mountain Dew Jello topping for $12.99 per slice and $64.99 for a whole pie.

Leon Trotsky 2012 posted:

If you live in Oregon, you can get Doritos crusted Mountain Dew cheesecake with Mountain Dew Jello topping for $12.99 per slice and $64.99 for a whole pie.

GoGoGadgetChris posted:

I would like to know more