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Joined 10 months ago
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Cake day: September 18th, 2023

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  • Something that has worked well for me: creating a Charles Schwab account and setting it up to automatically transfer x dollars from my regular checking to their account. Once that was setup, I configured it to automatically buy 0.9x dollars worth of their Schwab index funds every month. It has performed well through thick and thin since I set this all up a few years ago.

    The remaining 0.1x I leave in there as a buffer/short term savings. I don’t have a convenient way to access that money (debit card, checking, etc.), so it’s a good rainy day fund that I can transfer to my regular bank account if I need it.







  • Similar structure, yes, but this is the important part:

    Swiss foundations and their board of trustees are legally obligated to act in accordance with the purpose for which they were established

    So, just like the Louvre museum in Paris and the Luxor casino in Las Vegas have similar structures, pointing this out doesn’t really contribute much to the discussion.

    For all I know, OpenAI’s purpose is to create Skynet and kill all humans. But Proton’s is:

    Our legally binding purpose is to further the advancement of privacy, freedom, and democracy around the world.