Today's Whiskey Tango Foxtrot

Forums › Off topic › Today's Whiskey Tango Foxtrot

1 | ... | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | ... | 301

Smpl Mnmlst
9334 posts

Uber Geek
+1 received by user: 6203

ID Verified

Trusted

Lifetime subscriber

#3116523 16-Aug-2023 02:06

networkn: Why would you put all your money into ANY single investment?

Fwiw I don't think that is necessary foolishness, some people are ignorant to matters of money. They were never taught and some things don't occur to some people. It's unfortunately an expensive lesson to learn.

That’s a major part of what I meant. Even allowing for some financial illiteracy, surely some simple common sense should come into play here. There’s likely to be an element of greed involved.

Maybe there should be annual Financial Darwin Awards.

Sometimes I just sit and think. Other times I just sit.

cddt

1973 posts

Uber Geek
+1 received by user: 1906

#3116591 16-Aug-2023 09:50

networkn: Why would you put all your money into ANY single investment?

To be fair, about 95% of our money is in one asset (our house).

eracode

Smpl Mnmlst
9334 posts

Uber Geek
+1 received by user: 6203

ID Verified

Trusted

Lifetime subscriber

#3116618 16-Aug-2023 10:20

cddt:

networkn: Why would you put all your money into ANY single investment?

To be fair, about 95% of our money is in one asset (our house).

Yes but that's unavoidable for most of us and is generally excluded from comments about diversification.

Sometimes I just sit and think. Other times I just sit.

mkissin

402 posts

Ultimate Geek
+1 received by user: 391

ID Verified

Lifetime subscriber

#3116619 16-Aug-2023 10:20

Geektastic:
Behodar:

I'm trying to remember what I was watching the other day when the line "it's too safe to be stupid these days" came up...

Peanut Butter jar: Warning: contains peanuts. Next to ingredients list “peanuts 99.5%, salt”

Etc.

Stuff like this is simply a consequence of allergen labelling requirements. As someone who needs to avoid some things carefully, I appreciate it.

Allergen declarations, warnings, and advisory statements on food labels | NZ Government (mpi.govt.nz)

frankv

5705 posts

Uber Geek
+1 received by user: 3666

Lifetime subscriber

#3116634 16-Aug-2023 11:00

eracode:

cddt:

To be fair, about 95% of our money is in one asset (our house).

Yes but that's unavoidable for most of us and is generally excluded from comments about diversification.

And presumably insured, so your chances of losing the lot are quite small.

networkn

Networkn
32873 posts

Uber Geek
+1 received by user: 15475

ID Verified

Trusted

Lifetime subscriber

#3116654 16-Aug-2023 11:10

cddt:

networkn: Why would you put all your money into ANY single investment?

To be fair, about 95% of our money is in one asset (our house).

Presumably, it's insured and with some exceptions you control it.

That's not even remotely a comparable situation.

Dell

Shop now for Dell laptops and other devices (affiliate link).

cddt

1973 posts

Uber Geek
+1 received by user: 1906

#3116655 16-Aug-2023 11:10

mkissin:

Stuff like this is simply a consequence of allergen labelling requirements. As someone who needs to avoid some things carefully, I appreciate it.

Allergen declarations, warnings, and advisory statements on food labels | NZ Government (mpi.govt.nz)

Ditto, clearly labelled allergens make life much easier. If there's an allergen statement which says "contains: nuts and wheat" then I don't have to waste my time reading the ingredients in detail and trying to puzzle out what some of the items are.

eracode

Smpl Mnmlst
9334 posts

Uber Geek
+1 received by user: 6203

ID Verified

Trusted

Lifetime subscriber

#3116693 16-Aug-2023 12:21

frankv:

And presumably insured, so your chances of losing the lot are quite small.

Yes but still subject to market forces that determine value - as we have witnessed with value reductions in the past year or two.

Sometimes I just sit and think. Other times I just sit.

gzt

18690 posts

Uber Geek
+1 received by user: 7829

Lifetime subscriber

#3116708 16-Aug-2023 12:56

Houses are an interesting one as shown by recent weather events and houses falling into the uninsured gap between insurers and EQC. Overall insurance and the financial sector are extremely regulated which is one reason there is very high public confidence in the stability of those things in NZ.

Regarding the comments about the small NZ based provider risk - NZ's FMA besides providing an enormous number of warnings actually recommends using an NZ provider because NZ providers minimally must be registered as a financial service provider.

https://www.fma.govt.nz/consumer/investing/types-of-investments/cryptocurrencies/

Rikkitic

Awrrr
19071 posts

Uber Geek
+1 received by user: 16319

Lifetime subscriber

#3116709 16-Aug-2023 12:58

I am a news junkie. Apparently this is a common old person malady. I look in on a number of news sites but mainly RNZ for regional news and CNN for overseas. I don’t especially like CNN and I don’t think it is the best out there, but it is easier than some others for me to access, and the focus on American political news interests me.

There is one thing I absolutely hate, though, and while it seems to be a particularly America thing, CNN seems more guilty of this than most.

When a tragedy happens, especially a big one, reporters circle in like vultures, picking out vulnerable victims from the herd to strip their emotional flesh away and pick the remains clean. ‘How awful was this thing that happened to you?’ demands the vulture, shoving a microphone forward like a dinner fork. ‘Describe your anguish in excruciating detail,’ it slavers as the camera hones in on the pained expression. ‘Show us your agony,’ it screeches, lapping up the dripping anguish as the traumatised victim struggles to maintain composure.

Of course this is exaggeration. The CNN anchors are usually professional and sympathetic, and they say the right things while doing what must also be a difficult job for them. Apparently Americans want to feed on this kind of thing but I find it voyeuristic and always hit the mute button until it is over. It is bad enough that someone has been victimised by a terrible event. What purpose other than titillation is served by making them rehash it again and again? I want to see what happened. I don’t want to see how miserable it makes someone.

Plesse igmore amd axxept applogies in adbance fir anu typos

Geektastic

18010 posts

Uber Geek
+1 received by user: 8469

Trusted

Lifetime subscriber

#3116711 16-Aug-2023 13:02

Rikkitic:
I am a news junkie. Apparently this is a common old person malady. I look in on a number of news sites but mainly RNZ for regional news and CNN for overseas. I don’t especially like CNN and I don’t think it is the best out there, but it is easier than some others for me to access, and the focus on American political news interests me.

There is one thing I absolutely hate, though, and while it seems to be a particularly America thing, CNN seems more guilty of this than most.

When a tragedy happens, especially a big one, reporters circle in like vultures, picking out vulnerable victims from the herd to strip their emotional flesh away and pick the remains clean. ‘How awful was this thing that happened to you?’ demands the vulture, shoving a microphone forward like a dinner fork. ‘Describe your anguish in excruciating detail,’ it slavers as the camera hones in on the pained expression. ‘Show us your agony,’ it screeches, lapping up the dripping anguish as the traumatised victim struggles to maintain composure.

Of course this is exaggeration. The CNN anchors are usually professional and sympathetic, and they say the right things while doing what must also be a difficult job for them. Apparently Americans want to feed on this kind of thing but I find it voyeuristic and always hit the mute button until it is over. It is bad enough that someone has been victimised by a terrible event. What purpose other than titillation is served by making them rehash it again and again? I want to see what happened. I don’t want to see how miserable it makes someone.

This isn’t uncommon in the NZ media either.

One thing that always baffles me is why according to media reports only wonderful, kind, caring people die. What happened to the others?!

Geekzone

Want to support Geekzone and browse the site without the ads? Subscribe to Geekzone now (monthly, annual and lifetime options).

gzt

18690 posts

Uber Geek
+1 received by user: 7829

Lifetime subscriber

#3116720 16-Aug-2023 13:08

There is a human side in many stories that need to be told to provide perspective on events. It can be done well and often is.

I agree that some reporting and anchoring is clearly an unpleasant search for sensation with no real interest in the story or people affected.

The difference is down to motive imo.

neb

11294 posts

Uber Geek
+1 received by user: 10018

Trusted

Lifetime subscriber

#3116737 16-Aug-2023 13:52

cddt:
Ditto, clearly labelled allergens make life much easier. If there's an allergen statement which says "contains: nuts and wheat" then I don't have to waste my time reading the ingredients in detail and trying to puzzle out what some of the items are.

I liked the proposed labelling for Purple Death, "Warning: May contain grapes". Not dead certain, but it might.

msukiwi

2443 posts

Uber Geek
+1 received by user: 2126

Lifetime subscriber

#3116910 16-Aug-2023 20:35

Why would you want to?!!!!!!!!!!

MadEngineer

4591 posts

Uber Geek
+1 received by user: 2570

Trusted

#3116915 16-Aug-2023 20:54

Geektastic:
Rikkitic:
I am a news junkie. Apparently this is a common old person malady. I look in on a number of news sites but mainly RNZ for regional news and CNN for overseas. I don’t especially like CNN and I don’t think it is the best out there, but it is easier than some others for me to access, and the focus on American political news interests me.

There is one thing I absolutely hate, though, and while it seems to be a particularly America thing, CNN seems more guilty of this than most.

When a tragedy happens, especially a big one, reporters circle in like vultures, picking out vulnerable victims from the herd to strip their emotional flesh away and pick the remains clean. ‘How awful was this thing that happened to you?’ demands the vulture, shoving a microphone forward like a dinner fork. ‘Describe your anguish in excruciating detail,’ it slavers as the camera hones in on the pained expression. ‘Show us your agony,’ it screeches, lapping up the dripping anguish as the traumatised victim struggles to maintain composure.

Of course this is exaggeration. The CNN anchors are usually professional and sympathetic, and they say the right things while doing what must also be a difficult job for them. Apparently Americans want to feed on this kind of thing but I find it voyeuristic and always hit the mute button until it is over. It is bad enough that someone has been victimised by a terrible event. What purpose other than titillation is served by making them rehash it again and again? I want to see what happened. I don’t want to see how miserable it makes someone.

This isn’t uncommon in the NZ media either.

One thing that always baffles me is why according to media reports only wonderful, kind, caring people die. What happened to the others?!

bright candles burn fast?

All the people I know that have passed away from something other than the result of old age were all extraordinary in their own ways.

You're not on Atlantis anymore, Duncan Idaho.

1 | ... | 104 | 105 | 106 | 107 | 108 | 109 | 110 | 111 | 112 | 113 | 114 | ... | 301