News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
My proof that ethical billionaires don't exist is that there's a line (I usually like to set it at 10 million due to living in a very high CoL area) beyond this line you will never need more money in your life. Money will no longer improve your standard of living and your savings are enough to ride out life in comfort.
When you reach or approach this line you have two options:
Look at everyone you're working with and help them reach that line - if you've accomplished that then start lowering the costs of your business to customers to help your customers reach that line.
Squeeze harder so you get more money and everyone around you gets fucked.
If you chose #2 you are a fucking asshole. You cannot become a billionaire[1] except by choosing #2. You have actively chosen to push down those around you so you can watch number go up.
Well, inflation has made that more than 10 million, but yes I agree there is a number that says “I own a huge mansion, 10 cars, a yacht, and I eat caviar every meal.” That number is significantly less than a billion without having to work a day more.
You can't own a yacht with 10 million
Oh, you ray of sunshine.
I'm gonna be that guy... but yes you can.
What many perceive as Yachts, the big boats that the ultra wealth have, are not the sole size of yachts.
This is a yacht for under 600k
https://fgiyachtgroup.com/yachts-for-sale/opus-one-440996/
You realize you have to pay every year for dockage, fuel, maintenance? You should not exceed a 4% withdrawal rate, so if your life roll is 10M, do not spend more than 400K a year. But 4% withdrawal indexed for inflation doesn't survive the worst recessions so realistically 300K
Are we really spending $100,000 a year on a yacht?
Seriously… how much do people think yachts are. Not everyone is buying bill gates’ $500m yacht.
They are very expensive to maintain