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Joined 1 year ago
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Cake day: May 29th, 2024

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  • I’m super happy and excited that someone on Lemmy asked me! It’s buying a “call option” on SPY (which is an ETF of the S&P index - otherwise, it’s basically a way to invest in the “stock market” blindly). So when you break it down… it’s like saying "I can buy a lotto ticket that says “SPY will be > x as of y date” - If you’re not familiar with how the market works *(and I sure as hell wasn’t 2 years ago), if you buy an option, it’s a contract to buy 100 shares of a stock. If you buy 10 options, you’re basically on the hook to pay for 10x 100 shares of a stock; but here’s the kicker… when you buy options, as long as you sell your options contract before the expiration date, you don’t have to actually pay for the stock - so while your random ass gamble is becoming more and more likely; you can just sell off the profits you made to cash in before you’re shelling out $44k on stock.



  • That’s absurd.

    There’s a possibility that the artist might come back to me with something different from the AI mockup. We don’t know that yet. I only told them that the logo needs three specific components.

    If I ask an AI to give me a premise for a book, write the entire book, delete it before anyone ever reads it, decide on a different premise and write a different book, did I use AI to write the book that people are going to read? No.


  • … and then paying a designer…

    It’s a side business with $0 in income. There’s no fucking way I’m going more than 2 rounds on revisions as it is. If it’s more than that, I’ll do the art myself and it’ll be shit; but better than nothing. Simply not worth it at $0 income. If AI wasn’t an option to get things started, the artist wouldn’t be getting paid at all because I wouldn’t be hiring an artist.