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Joined 2 years ago
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Cake day: July 25th, 2023

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  • Yes if you are okay with accepting market losses which could be significant. Its true that the stock market typically is seen to keep your value on track or better than inflation rate but there are risks.

    Rates are pretty good right now (~5%) for a money market fund and it only takes a day or less to free up those funds and transfer them to your bank account.

    If you have a 20% loss in the stock market you are forced to realize that loss if an unexpected expense comes up.

    And it can be way more risky if you are doing individual stocks or pretending like you know what your doing. Some stocks go through corporate actions that tie up funds for indefinite periods, or of course go bankrupt in some situations. Monthly/daily compounded 5% return on a money market is better than idle cash but still very safe.



  • If the goal of society is to put equality above all else then i take your point.

    I think horizontal hierarchies are generally better in an organization in terms of motivating people to contribute and give them a sense of equity.

    But idk how you avoid the fact that people do have bad ideas, or well intentioned ideas that could start a cascade of delays in project planning for example. People focusing on the excellence at different levels of work is important right? But having a chain of command to maintain vision, timelines, budgets, stakeholders seems to depend on hierarchy.