notfinancialadvice

[notfinancialadvice]

if you're new here this is probably what you were looking for as it got linked in a few places

you're welcome / i'm sorry

the best time to save money is "as you can" and the best amount of money to save is "what you can"

i tolerate no guilt -- leveraged towards self or others -- because that's fucking useless bullshit

money moves forward -- towards or away from you

feelings of guilt are profitable... to other people, who have far (far, far, far) more than enough already, you don't need to do their work for them

do what you can with what you have as you can knowing what you know while learning more so you can repeat the process

vet your sources constantly and repeatedly

sometimes bad advice comes in the form of attempting to profit from you

at least a good chunk of the time bad advice isn't actually bad advice, it just does not fit your situation -- right now

I specify "right now" because wherever you are, up or down, on the way up or down, it's going to change

keep care

be aware

you'll get there

i hope we all make it my fellows, I truly do

regarding my post here

it will help explain why real world generational wealth is stupidly powerful if that helps sway your thinking towards yes

[notfinancialadvice]

Orgasm denial but in the same way people talk about the moon landing being faked

[notfinancialadvice]

Let’s use a metaphor

If I use a hammer to build a home for orphans, is the hammer now better and more moral because it built a home for orphans?

If I use that same hammer to kill a man, is the hammer now implicit in murder?

If the hammer that built the orphan home but later killed a man was used to build the factory that created employment for people without jobs, is its sins cleared?

It’s a hammer.

An inanimate object.

Like money, but with the advantage of being slightly more of a real thing instead of being partially real and partially symbolic.

Remove morality from money. Do not give it responsibility. That belongs squarely on the shoulders of those who use it, or don’t.

Quick note because I am cheesed off by a stupid fucking ad I keep seeing from… a… financial institution.

No need to give them free press.

There is no such thing as “bad” debt.

There is cheap debt, expensive debt, and leverage.

Cheap debt: You are borrowing money. You are paying for this. It is affordable. A low interest car loan is an example, one of many.

Expensive debt: You are borrowing money. You are paying for this. It is expensive, and likely you are paying significantly towards interest and not principle. Credit card debt often falls into this category.

Leverage: You are borrowing money. You use that borrowed money to make more than you are borrowing. This is usually carries risk. If I borrow $100,000 to start a business at 5% interest and make 25% profit, this is leverage.

When you introduce morality — “bad” debt etc — into money you give it undeserved power.

You shift the morality and responsibility and ethics and authority away from decisions of people and give it to inanimate objects.

You introduce the idea that some money is bad or good and this having it is bad or good and thus not having it is bad or good.

It’s. An inanimate object. Almost imaginary.

“Bad debt” should be called “expensive debt” or if we want to be truthful and honest with each other “financial extraction of others very likely forced into a high cost tolerance status that you are taking advantage of and chalking up to a high risk THAT YOU THE PROVIDER IS CONTRIBUTING TO VIA THE TERMS YOU FUCKING SET.”

One of the most prominent debt reduction structures is renegotiation.

“You are charging me Crazy Interest, please lower it and I can resume payments.”

“Okay… because some money is better than nothing.”

The original obligation is torn up and a new one is drafted that is more beneficial to everyone. Do you see where the morality is… no… it doesn’t exist.

“Bad debt.” Fuck off financial ads.

Here is a better tag line.

“Is your debt expensive? We will offer you a better rate because your debt isn’t with us. We won’t make as much money as the original producer, but as we are currently generating $0 from you, this is a good deal for us. You also benefit by paying less, which is good for you.”

What do you all think?!

[notfinancialadvice]

Welcome to the party dozens of new people

Here is an overview and recommended reading about what this blog is about

Slime Research Adventure Fund is not financial advice

Small business + finance rambles with a mix of old tech and nostalgia for flavor (for visual nostalgia, not an endorsement of the times).

This blog supports high taxes on the prosperous and high support for those whom need it.

Archive of my favorite and/or popular posts I have written for this blog.

Author overview.

Disclaimer: for entertainment purposes only.

Not financial, business, or legal advice in any way under any circumstances. While I will attempt to caution against known risks, I am not your lawyer, financial planner, or other form of business advisor.

Do your own research and/or hire professionals. I do not work for you, you do not work for me, we are not in business together.

"Slime Research Adventure Fund"

The name has no meaning other than slime monsters are some of my favorite RPG creatures. I always wanted to treasure hunt with them, not hunt them.

Questions I am asked weekly + the singular answer.

"Can you give me stock tips?"

"Do you freelance? Will you design my logo?"

"Will you listen to my pitch? Will you invest in my business? Will you look at my pitch deck? Can you help me find funding?"

"Can I pay you to review or advertise my product?"

"Can we connect on LinkedIn?"

No.

Why do you write this blog if you're so keen on "demand answers as to why people give advice"?

I am pissed off at how many scam projects there are.

Purposefully distributing misinformation and/or purposefully downplaying the existence of risk complicates already difficult decisions. It pisses me off how many blogs, videos, ads, courses, etc. that take advantage of people who are at best curious and at worse desperate.

I like attention

I like to write

If I'm mad about something, writing about it for attention is a way of getting it out of my brain so I can move on with my life. I get mad, I write, I have a mocktail, I move onto something productive with my life and/or business.

[notfinancialadvice]

Quick note because I am cheesed off by a stupid fucking ad I keep seeing from… a… financial institution.

No need to give them free press.

There is no such thing as “bad” debt.

There is cheap debt, expensive debt, and leverage.

Cheap debt: You are borrowing money. You are paying for this. It is affordable. A low interest car loan is an example, one of many.

Expensive debt: You are borrowing money. You are paying for this. It is expensive, and likely you are paying significantly towards interest and not principle. Credit card debt often falls into this category.

Leverage: You are borrowing money. You use that borrowed money to make more than you are borrowing. This is usually carries risk. If I borrow $100,000 to start a business at 5% interest and make 25% profit, this is leverage.

When you introduce morality — “bad” debt etc — into money you give it undeserved power.

You shift the morality and responsibility and ethics and authority away from decisions of people and give it to inanimate objects.

You introduce the idea that some money is bad or good and this having it is bad or good and thus not having it is bad or good.

It’s. An inanimate object. Almost imaginary.

“Bad debt” should be called “expensive debt” or if we want to be truthful and honest with each other “financial extraction of others very likely forced into a high cost tolerance status that you are taking advantage of and chalking up to a high risk THAT YOU THE PROVIDER IS CONTRIBUTING TO VIA THE TERMS YOU FUCKING SET.”

One of the most prominent debt reduction structures is renegotiation.

“You are charging me Crazy Interest, please lower it and I can resume payments.”

“Okay… because some money is better than nothing.”

The original obligation is torn up and a new one is drafted that is more beneficial to everyone. Do you see where the morality is… no… it doesn’t exist.

“Bad debt.” Fuck off financial ads.

Here is a better tag line.

“Is your debt expensive? We will offer you a better rate because your debt isn’t with us. We won’t make as much money as the original producer, but as we are currently generating $0 from you, this is a good deal for us. You also benefit by paying less, which is good for you.”

What do you all think?!

[notfinancialadvice]

regarding my post here

it will help explain why real world generational wealth is stupidly powerful if that helps sway your thinking towards yes

[notfinancialadvice]

Please note. The orange one is not included because A. He isn’t a billionaire. And B. Calling him obnoxious is too kind for him.

[notfinancialadvice]

a graph based on my observations

[notfinancialadvice]

asked for a 2 piece at kfc and they asked breast or thigh. I said personality and they threw hot grease on me

[notfinancialadvice]

I would curse you with eternal happiness but if you created this than someone beat me to it, you soulless simulacrum of imagination

If I figure out what company you are without giving you data then I am going to short your stock and when you eventually die I will use the money on art supplies to paint in memorium portraits of your board of directors as well as your headquarters relocated in Hell

Get fucked art thieves, imagination murderers

[notfinancialadvice]

I AM LOSING MY FUCKING MIND LAUGHING

i'm sorry but this is 1 of the funniest spam texts i've gotten

[notfinancialadvice]

One of the elegant ways of fixing many structures would be to provide shares of companies to workers in addition to their pay (repeat: in addition)

The benefit of capitalism (stay with me here) is that it allows Very Large Things to be made on a scale typically reserved for monarchs or similar, wherein the population had, hmm, less optimal input.

Executives are frequently paid with stock options, which ties their performance to the performance of the company (in a world without accounting and other shenanigans).

On paper, this works (reasonably) well — produce better widgets more efficiently and make more money without hard ceilings and dictated at the rate in which a market can respond (which is quick).

On a non executive level this works well when paired with a market pay rate (this allows for market flux for folks who use pay checks instead of capital to pay bills)

It lowers the bar for entry into the market and gives ownership to the crews building the company on a daily basis. It’s how many 401k retirement plans work but I am calling for this as an additional layer to pay checks.

As an investor it also lets me see another layer of research into a company — if an executive crew start selling or buying that can Mean Something. If workers were included in this it could add more understanding.

I grant among notable difficulties would be “this is how stock works, this is what it means that you have this” but god damn it that is not a difficult bridge to cross.

The plethora of benefits include the… shall we say… gentle nature of capital gains tax versus income. This being one of my favorite “fuck yous” to folks who bitch about taxes. “Remind me again what your capital gains tax percentage is?”

Ultimately I wish to convey a straight forward message:

Making a more equitable system is not terribly complicated.

It is often marketed as trying to split black holes but it’s really a simple matter of “hey rich ducks get a fucking sweet deal. What if hey bear with me what if everyone had these options.”

So many “let the market decide” mother fuckers get real quiet when the decision on the table to be made is equality.

Occasionally forget people genuinely think capitalism is thousands of years old

[notfinancialadvice]

aye fellows am in the impossibly horrible task of learning a life lesson

at every challenge, now must ask

"what if I build an easy path? what if I avoid the temptation to build something intense and rigorous and impossibly difficult?

"how far can I go if I pick the easiest path forward?

"First?

"No. Instead of just first, forever?"

Wretched. Vile. Horrible. (Helping.)

[notfinancialadvice]

By the way, here's a quick update on what's been going down on the worst part of the internet this week:

Five days ago, Rosanna Pansino made a video where she opened up a package of Lunchly taken straight off the store shelf (2 months before its expiration date), and found that the cheese was absolutely festering with mould.

Not only is this absolutely disgusting, but, as Pansino points out in her video, they're selling this to kids. The young kids opening up and eating this might not know what mould looks like, and therefore won't recognise this for what it is.

A source associated with MrBeast told Newsweek to "consider the context and the source", essentially accusing Pansino of faking the video. She responded by posting the full unedited video of her opening the box.

And while officially representatives for MrBeast, KSI and Logan Paul declined to comment, two days ago Logan Paul dropped an episode of his podcast guest-starring KSI where they kinda-but-not-really responded to the video/tweets in passing, implying that Pansino was clout-chasing.

But over the past week more people have been posting their own videos of finding mould in Lunchly.

[notfinancialadvice]

Is this a real ad

Did someone really think this photo was a good idea

[notfinancialadvice]

Actively hate the discourse against 24/7 places like I get where you're coming from but in my ideal world a lot of shit would be 24/7 just with more shifts and better pay because plenty of people prefer to work nights or have to be out at weird hours to get basic necessities for one reason or another and acting like necessary services keeping to almost a 9-5 operating hours and having multiple days closed ignores people sometimes do need things immediately and it's not all some lazy selfish desire and isn't inherently harmful to the employees

[notfinancialadvice]

Illustration by Richard Scarry