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Joined 1 year ago
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Cake day: July 1st, 2023

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  • My dad and my stepmom would love to do more for our 2 year old, but my dad still works, my step-mom has a lot of health issues that they have to maintain appointments for, and they also have like 6 other grandchildren from my stepbrothers. My wife and I live an hour away and do very well financially, so they not only don’t have the time, but could not realistically care for him that often.

    My mom is well meaning, but my step-dad is a moron and they own like 4 vehicles and only 1 works. They are not poor, just dumb when it comes to cars. My mom is also a narcissist and it does not occur to her that if she asked to help more that she could. We’ve talked to her about it, and she just doesn’t attempt to do anything.

    My grandparents, now in their 80s, love every minute with the little guy, but they don’t have the energy they used to.

    Contrast that with out daycare: the facility is run by two sisters and their retired father helps out to keep busy. They hire teachers at a living wage and absolutely love the kids that attend. Our little guy has not yet had his 2nd birthday and he knows almost all of his letters, he can count to 14, he knows his shapes, and he has a great vocabulary already. He has a best friend, he is very social with the other kids and they all share very well. The older kids are all very well spoken, polite, and respectful to each other. We are so lucky we found such a great place.

    Grandma and grandpa simply could not provide him with that. He is in a place where he is safe and loved at all times, and the cost to put him there should be tax deductible. We burn through the child care tax deduction by February.

    And anyone who thinks Trump/Vance is the right choice for families is a fucking moron. It’s ridiculous









  • I’m not familiar with the mechanics, but the specific derivative valuation method was listed at Level 3 which is used for transactions that rely on unobservable factors to evaluate value.

    Level 1 derivatives are like interest rate swaps where there is a liquid exchange market that can easily be valued.

    Level 2 derivatives are like Futures contracts where the terms may be more bespoke, but value can be derived from an established market.

    Level 3 derivatives I’ve seen described in textbooks as marked to magic lol. Meaning there is no liquid market to mark the value to.

    Somehow, they categorized an instrument that was used to fund the SPAC as a Level 3 derivative. That on surface sounds incorrect for an option or debt conversion of a publicly traded stock.

    This should trigger an audit or something by the regulator, but again, my area of expertise is in Corp Finance, not Treasury.