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  • 243 Comments
Joined 3 years ago
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Cake day: August 22nd, 2023

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  • had some bad losses in trading lately, took a short break and now trying to actually fix my risk management before going back in

    Good for you getting out. Don’t get back in. No more day trading. Day trading is anti-social shithead behavior, anyway. If you don’t feel bad for doing it, take a closer look. It doesn’t pass any kind of pro-social test.

    if you’re older and already been through your 20s, what do you wish someone told you back then?

    Someone did tell me this, but I was a stupid kid. I followed it, but I started stupdily late.

    Maybe you’re smarter than I was, but forgive yourself later if you’re not - you’re at least in good company.

    Here is is:

    "Time in the market always beats market timing. Buy conservative things with real value - ideally that routinely pay a dividend. Hold on to them.

    However powerful you think you know compounding interest is, you’re wrong. It’s substantially more powerful than that.

    Get it - compounding interest - on your side right now, and keep it there, anytime you can.

    Don’t take out any debt that you can possibly avoid."






  • Interesting.

    I used to do it the way you’re recommending (before I had podman compose), but I got tired of installing docker compose, and haven’t suffered enough for just using Podman compose, lately.

    I do think more things are more likely to work the way you’re saying. Compose doesn’t seem to be standardized yet? And the original dev was probably using Docker compose - for any randomly selected project.

    But when I can get away with podman compose, I do, as I recall it being much easier to setup.


  • Podman is the RedHat implementation of the Open Container Initiative (OCI).

    A Dockerfile and a Containerfile are both OCI. Docker and Podman can generally both use either.

    Contrasted with Docker, Podman has better security defaults, and installers and licenses that are both actually open source. (Parts of Docker are open source. Parts are not.)

    Docker used to lead with additional features beyond OCI such as Docker Compose, but Podman Compose has been a thing for a while, now.

    The more mature a product is, the more likely it works perfectly with any OCI compliant tool.

    For rookie work, I feel like there’s still fair odds the developer only uses Docker and may rely on some anti-pattern that requires setting “bad security=ok” settings before their project will work in Podman.

    Your mileage may vary.



  • Docker desktop is not. (open source)

    Which can be a pretty big deal.

    This works out to: The product is unencumbered, but the only reliable installer is encumbered as fuck.

    That’s a “no thanks”, from me.

    I don’t need the sword of “Docker fucking with my colleague’s ability to collaborate” hanging over each of my projects.

    I’m not mad at folks using Docker for backwards compatibility. I just don’t need to make the problem worse.



  • You can look up the composition of each index, before you buy it.

    Usually I need a web search to map the stock ticker to a holding company and then another wwb search to map the holding company to a real company.

    You’ll see heavy amounts of Microsoft, Alphabet (Google) and Amazon in anything that is just blindly buying with an algorithm - almost as if algorithm companies are good at fooling an algorithm…

    Searching for funds with a non-technology focus will help, or searching for funds that focus on providing a dividend return (today’s biggest tech companies are deep in debt and usually don’t pay a quarterly dividend.)

    Companies that do routinely pay a dividend are under some pressure to resoond to their customers rather than to CEO hype waves.



  • Be sure to dig into the composition of any index fund you buy. Many of them have so much technology stock that they’re both indistinguishable from each-other and also doomed (edit: As was pointed out - yes this is hyperbole. I am neither from the future nor a sacred prophet of a time traveling diety.).

    The market does great over time, but anyone in tech can tell you this is an abysmal time to buy in to tech stock.

    Any fund that blindly buys big popular companies is going to be shattered by the coming tech bubble bursting.

    Look for funds with rules for inclusion. Today’s tech stocks are fraught with fraud may have trouble passing those rules.

    Ethical funds exist, but don’t currently go far enough to protect your investment. Smoking is bad, but certain kinds of warmongering are apparently a-ok…

    Sector specific funds like energy, or transportation have much lower exposure to the current tech bubble.