• 0 Posts
  • 3 Comments
Joined 3 years ago
cake
Cake day: June 15th, 2023

help-circle

  • You’ve got equities, debt and derivatives.

    Equities are ownership into shares. These are the simplest to understand. You own a share of a company and thus are entitled to a % of the profits (though most companies today choose 0% as their decision).

    Debt means funding… debt. SLABs (student loan backed securities), MBS (mortgage backed securities), bonds (government debt), bank loans etc. etc. These are surprisingly complex in practice but perhaps easiest to understand. There’s lots of different details to debt (callable, puttable, tax free, convertible, coupons, notes, bills, bonds, I-bonds, EBonds, 10Y, 3M, overnight repos). But in all cases, you lend money to someone, and later they try to return it to you + a little extra.

    Derivatives (usually options but there are many kinds) are new inventions that are more complex. Ignore these as they are very very complex.


    That’s about it.

    The general recommendation is to buy an ETF for equities and an ETF for Bonds. ETF is just a combination of simpler investments that you pay 0.04% to 2% a year for convenience.

    VOO takes the 500 biggest companies in the USA (aka the S&P 500) and buys mostly the biggest company and a very little bit of #500.

    BND is a similar idea except it’s a whole bunch of different debts from across the entire economy.

    So buy some equities (mostly equities), some bonds, and leave some cash in a high yield savings account. Done.

    Stocks (aka VOO) make the most money on the average, but also loses money the most often.

    Bonds (aka BND) makes middle amount of money but rarely loses money.

    Cash / savings accounts never lose money (except inflation). But makes very very little. It’s still worthwhile to keep necessarily amounts as cash and this you should always be considering how much cash to keep.


  • Read with very high levels of suspicion: there’s a huge number of errors in this article.

    The issues discussed seem surface-level troublesome to me. But they’re extremely weasel-words and/or exaggerated. I don’t think these guys have found a smoking gun, there’s a lot of problems with this code but…

    1. The permission list doesn’t seem to match reality. The argument seems to be “TEMU code references these permissions, so they must try to get the permissions somehow”. These red-flag permissions aren’t on the Google Play store manifest however.

    2. Very basic errors involving MAC Addresses and other fundamental computer concepts.

    Etc. etc. The core problems here might be true, but I’ll need a more legitimate tech-site to go over the data and actually tell me what the problem is, because a lot of this “article” is just hyperbolic fluff.


    Hacker News has been talking about it (a venture capitalist forum, not really about “Hackers” per se). https://news.ycombinator.com/item?id=37427008 . Good discussion so far.

    This is obviously a “Bear” company blogpost that short-sells a stock and then publishes negative data on that company. So remember, if the stock price falls, this blog makes money. That’s their goal. I’m not saying that they’re wrong, or that the stock price shouldn’t fall, just remember that this is where the profits are for this “grizzly” company.

    That’s why I’d personally like an Android developer / security specialist go over the claims and tell me if there’s actually a red-flag here or not.