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Cake day: June 9th, 2023

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  • BombOmOm@lemmy.worldtoWorld News@lemmy.worldThe Choice America Now Faces in Iran
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    3 days ago

    The fun problem with isolationism is it just allows problems to fester; then you have something much worse to deal with later. You may want to ignore the world, but the world won’t ignore you.

    Edit: An Iranian proxy has been shooting civilian shipping and civilian crews from all countries for the last year. There are problems one cannot simply ignore.








  • Yeah, I think someone in Saudi Arabia looked at the expenses for The Line‡, and then put out a number that sounds nice and would help with that massive outflow; but like you said, didn’t trifle with a more realistic target. Meanwhile, Russia is pumping with whatever hasn’t been hit by a drone yet, as they can use every ruble they can get; depressing the price.

    ‡I still can’t get over how, instead of building up an industry in Saudi Arabia to vary the economy, instead they went for a vanity mega-project to … attract tourists?












  • Unless you are retiring in the next decade, it is highly advisable to invest a 401k in the stock market. You get significantly higher returns over the long run. And any losses due to a recession are more than made up for by the significantly higher returns every other year.

    When you are nearing retirement (5-10 years out), that is when you want to put the money into something safe and stable like bonds or CDs. That way if there is a recession as you retire, it won’t affect your fund.