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Joined 25 days ago
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Cake day: September 14th, 2026

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  • To anwer what I consider your deeper question, there are generally only two paths to financial security:

    1. Inherit (either your own family or marry into one)
    2. Invest in your own human capital to maximize the income you can earn per work hour, then start saving enough of that income into buying partial ownership of the economy (e.g. via stock market capitalization-weighted index funds).

    Working more hours, which “passive income” strategies almost always equate to, just robs you of what little free time you have on this planet. Almost nobody thinks on their deathbed “I wish I had spent more hours of my life working”.

    school pretty much failed to teach me the right way of life.

    The education system’s job is giving you the opportunity to maximize your human capital. It may have failed you there, but that doesn’t mean you need to abandon that pursuit.

    Is it possible to make some form of passive income from sidehustles?

    In the binary way you worded this: No. You must always leverage something to generate income. Different methods require different levels of activity, though.





  • ExtraJudgement@lemmy.worldtoFediverse@lemmy.world•We can do it again
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    7 days ago

    What’s there to lay out, other than what anyone can read from the Wikipedia entries?

    The Internet is a specific global network of computer nodes that use some version of the Internet Protocol to communicate with each other. There are many different services over on it. The WWW is simply one such service.


  • German neoliberals (which most CEOs of our larger corporations are) and empirical data don’t really mesh well. It’s why most of them still clutch the neoclassical “school” of economics, which has zero empirical data behind its basic assumptions.

    If only there was a mechanism for new companies to challenge and outcompete dinosaurs. Unfortunately, the regulatory capture emerging from capitalism and explicitly supported by our electorate means barriers of entry are drawn such that it’s almost impossible to challenge entrenched wealth, unless being backed by rival entities of comparable wealth.