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dottjt

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dottjt
·le mois dernier·discuss
I think the "nothing I can do will change anything" is actually a predominant theme that's emerged over the past decade. I don't know if you've watched any of Adam Curtis' documentaries, but his documentary HyperNormalisation explores this in great detail (most of this documentaries have a similar theme I've found).

Edit: Apologies, I think I mean his documentary: Can't Get You Out of My Head. Essentially it asserts that all revolutions fail, because the people who attempt to overthrow simply become the new guard.
dottjt
·il y a 2 mois·discuss
Does this exclude Australia?
dottjt
·il y a 3 mois·discuss
This comment is completely ignorant of at least the past 80+ years of Middle East history.
dottjt
·il y a 4 mois·discuss
When I was a lot younger I built a very big and complex platform with Phoenix. Although it was a technical marvel, it's one of my big regrets as far as the tech stack I went with, because it's now useless for my actual work now a decade later.

In retrospect, I wish I had built it with C#/.NET
dottjt
·il y a 4 mois·discuss
The technical term for what you're broadly describing is Jevons Paradox.
dottjt
·il y a 5 mois·discuss
Which debrid service do you use?
dottjt
·il y a 5 mois·discuss
Not to justify this, but is this possibly the reason why those opportunities existed?
dottjt
·il y a 5 mois·discuss
Of course. But obviously I wouldn't be referring to those other types of autism in this case. Why would I?
dottjt
·il y a 5 mois·discuss
[flagged]
dottjt
·il y a 5 mois·discuss
I think you're also forgetting the other aspect that allows this which is having readily available public transport.
dottjt
·il y a 5 mois·discuss
On the flip side, maybe those traits are what lead to the existence of the emulator in the first place. Better something than nothing.
dottjt
·il y a 6 mois·discuss
It would be great if there was something like this, but for not wearing reading glasses.
dottjt
·il y a 6 mois·discuss
I don't know if this is paranoia, but one fear I have for high-tech Chinese products is that if a world war were to start with China, that they'd have the ability to remotely disable these kinds of products.
dottjt
·il y a 6 mois·discuss
When you say "right" are you talking about USA right or European right?
dottjt
·il y a 6 mois·discuss
Oh right, sorry I completely misread this.

I'm actually not sure in your case. My guess is that it's something you wouldn't need to worry about, but I don't know.
dottjt
·il y a 6 mois·discuss
It depends if you forsee potentially having to sell before retirement. Or if it may just happen out of your own circumstances.

Hedging is all about diversification at the end of the day. So it makes sense to hedge if you're coming close to retirement age.
dottjt
·il y a 6 mois·discuss
You also can't predict when you might need to sell you stake, so that's ultimately the value of hedging. If you're forced to sell in 5-10 years, then hedging would be valuable.
dottjt
·il y a 6 mois·discuss
Hard question to answer without understanding your circumstances.

Ultimately the point of hedging is to diversify. So the degree you should hedge is relative to the degree with which you have exposure to your home currency. So for example, if you already own a home in that country + you already own lots of shares in that home currency, then hedging might be less important.

The recommendation I've seen is around 25% of your portfolio in hedged global equities, assuming you have another 25-30% in non-hedged global equities.
dottjt
·il y a 6 mois·discuss
I could be misunderstanding this, but you know that you can buy ETFs that are currency hedged?

Taking Vanguard for example, VGS is global equities, but VGAD is global equities that are AUD-hedged (my home country).

The only downside is that you pay more in fees (and they're less tax efficient). People generally don't bother with it though, because on a long enough time-line currencies usually revert to their long-term average, so if you're holding for retirement there's generally little point.
dottjt
·il y a 6 mois·discuss
Why do the two have to be mutually exclusive though? Why can't something healthy also not also happen to benefit corporations/lobby groups?