Thanks to your support on December 21, 2023 we reached our $25,000 Funding Goal to keep the lights on at Pillowfort. We're completely blown away by this turn of events. This wouldn't have been possible without you. Thank you for believing in us. Thank you for believing in our platform.
This gives us approximately six months of funding, which we will use to put the rest of our business plan into action. It's still important to consider supporting us if you haven't yet by subscribing to Pillowfort Premium or donating to us directly. Any additional funding we receive now will help extend past that time-frame.
As a reminder, here are our End of Year Fundraiser Rewards:
INDIVIDUAL USER REWARDS
Funding Badges - Every Pillowfort user who donates or is subscribed to Pillowfort Premium duringthe timeframe of November 1, 2023 to December 31, 2023 will receive a limited edition badge for helping to keep the lights on. We’ll have a form available soon for gifting these badges to other users who can’t donate to us directly. Stay tuned to this space.
Invitation Rewards - This year we are also offering limited edition badges for users who help grow our Community between November 1st, 2023 to December 31, 2023. You can generate invitation links here.
Based on your feedback we have added even more rewards for community members who invite 10, 25, or 40 or more new users between November 1, 2023 to December 31, 2023.
In order to help our community reach these rewards we’ve increased the number of invites each user can generate per week to 50!
REWARDS FOR ALL USERS
As a thank you for meeting 100% of our goal by December 31st, we will release a light/pastel theme and a Pillowfort avatar frame for all users in the first quarter of 2024! Details on both of these TBA– let us know if you have any suggestions/requests for what you’d like to see!
Thanks again for continued support, we truly couldn't do any of this without you.
Best,
Staff
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Jazz becoming the next big Gothem villain is such a solid concept. Theres so much to explore.
She targets corrupt mental institutions. Corrupt companies who destroy their workers state of mind so they wont quit. She attacks landlords who make it impossible for people to live comfortably.
She is the staple anti-hero of anyone struggling to get back on their feet. People should have to work three jobs just to afford a crappy one bedroom, no utilities, half bath, in crime alley apartment, with a roommate.
Shelters should be aiming to gain a profit instead of using the donations to support others.
She is tired of these big name heros leaving children to clean up messes. She has watcher her own brother wither away to a shell of his former self trying to make a change and she is sick of it. Hell she herself is a child but if this is what it takes, then this is what it takes.
Enter from the left The Manipulator™️
Feared by all corrupt. People think she has mind control or something. When she targets someone they make almost a full 180 in their ways. “She will do anything to get her way or to make people into what she thinks they should be. And she mist be stopped” cries big business.
In reality she is the worlds best damn psychiatrist ever to be known. She doesn’t force anyone to change but gives them the choice to be better. To see how much more they can be. And it terrifies them. Helps them find themselves again and to move past their troubling pasts. No force and no mind control. No manipulating. No one but those who she has helped know the truth but when they tell the truth it only fuels the fire of her being controlling.
Theres one thing also fuelling the flames of mind control. Thats the fact that every single major hero to go after her can’t. Any who approach her find themselves no long near her. Superman just wants to talk, well she doesn’t, and he is then back in his city?!? Batman is stalking her to figure out how to deal with her but once he gets too close he suddenly finds himself in the batcave?
At first they think it’s teleportation but time is passing? Theres video feed and tracking of no they just went back themselves. No response from them the whole trip. As if possessed. (Lmao it’s just good brother danny pranking his sis a little by making her seem all powerful but also protecting her anyway he can. Or could be Dan instead)
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Ko-Fi prompt from Isabelo:
Hi! I'm new to the workforce and now that I have some money I'm worried it's losing its value to inflation just sitting in my bank. I wanted to ask if you have ideas on how to counteract inflation, maybe through investing?
I've been putting this off for a long time because...
I am not a finance person. I am not an investments person. I actually kinda turned and ran from that whole sector of the business world, at first because I didn't understand it, and then once I did understand it, because I disagreed with much of it on a fundamental level.
But... I can describe some factors and options, and hope to get you started.
I AM NOT LEGALLY QUALIFIED TO GIVE FINANCIAL ADVICE. THIS IS NOT FINANCIAL ADVICE.
What is inflation, and what impacts it?
Inflation is the rate at which money loses value over time. It's the reason something that cost 50 cents in the 1840s costs $50 now.
A lot of things do impact inflation, like housing costs and wage increases and supply chains, but the big one that is relevant here is federal interest rates. The short version: if you borrow money from the government, you have to pay it back. The higher the interest rates on those loans, the lower inflation is. This is for... a lot of reasons that are complicated. The reason I bring it up is less so:
The government offers investments:
So yeah, the feds can impact inflation, but they also offer investment opportunities. There are three common types available to the average person: Bonds, Bills, and Notes. I'll link to an article on Investopedia again, but the summary is as follows: You buy a bill, bond, or note from the government. You have loaned them money, as if you are the bank. Then, they give it back, with interest.
Treasury Bills: shortest timeframe (four weeks to a year), and lowest return on investment. You buy it at a discount (let's say $475), and then the government returns the "full value" that the bond is, nominally (let's say $500). You don't earn twice-yearly interest, but you did earn $25 on the basis of Loaning The Government Some Cash.
Treasury Notes: 2-10 year timeframe. Very popular, very stable. Banks watch it to see how they should plan the interest rates for mortgages and other large loans. Also pretty high liquidity, which means you can sell it to someone else if you suddenly need the cash before your ten-year waiting period is up. You get interest payments twice a year.
Treasury Bonds: 20-30 years. This is like... the inverse of a house mortgage. It takes forever, but it does have the highest yield. You get interest payments twice a year.
Why invest money into the US Treasury department, whether through the above or a different government paper? (Savings bonds aren't on sold the set schedule that treasury bonds are, but they only come in 30-year terms.)
It is very, very low risk. It is pretty much the lowest risk investment a person can make, at least in the US. (I'm afraid I don't know if you're American, but if you're not, your country probably has something similar.)
Interest rates do change, often in reaction or in relation to inflation. If your primary concern is inflation, not getting a high return on investment, I would look into government papers as a way to ensure your money is not losing value on you.
This is the website that tells you the government's own data for current yield and sales, etc. You can find a schedule for upcoming auctions, as well.
High-yield bank accounts:
Savings accounts can come with a pretty unremarkable but steady return on investment; you just need to make sure you find one that suits you. Some of the higher-yield accounts require a minimum balance or a yearly fee... but if you've got a good enough chunk of cash to start with, that might be worth it for you.
They are almost as reliable as government bonds, and are insured by the government up to $250,000. Right now, they come with a lower ROI than most bonds/bills/notes (federal interest rates are pretty high at the moment, to combat inflation). Unlike government papers, though, you can deposit and withdraw money from a savings account pretty much any time.
Certificates of Deposit:
Okay, imagine you are loaning money to your bank, with the fixed term of "I will get this money back with interest, but only in ten years when the contract is up" like the Treasury Notes.
That's what this is.
Also, Investopedia updates near-daily with the highest rates of the moment, which is pretty cool.
Property:
Honestly, if you're coming to me for advice, you almost definitely cannot afford to treat real estate as an investment thing. You would be going to an actual financial professional. As such... IDK, people definitely do it, and it's a standby for a reason, but it's not... you don't want to be a victim of the housing bubble, you know? And me giving advice would probably make you one. So. Talk to a professional if this is the route you want to take.
Retirement accounts:
Pension accounts are a kind of savings account. You've heard of a 401(k)? It's that. Basically, you put your money in a savings account with a company that specializes in pensions, and they invest it in a variety of different fields and markets (you can generally choose some of this) in order to ensure that the money grows enough that you can hopefully retire on it in fifty years. The ROI is usually higher than inflation.
These kinds of accounts have a higher potential for returns than bonds or treasury notes, buuuuut they're less reliable and more sensitive to market fluctuations.
However, your employer may pay into it, matching your contribution. If they agree to match up to 4%, and you pay 4% of your paycheck into an pension fund, then they will pay that same amount and you are functionally getting 8% of your paycheck put into retirement while only paying for half of it yourself.
Mutual Funds:
I've definitely linked this article before, but the short version is:
An investment company buys 100 shares of stock: 10 shares each in 10 different "general" companies. You, who cannot afford a share of each of these companies, buy 1 singular share of that investment company. That share is then treated as one-tenth of a share of each of those 10 "general" companies. You are one of 100 people who has each bought "one stock" that is actually one tenth of ten different stocks.
Most retirement funds are actually a form of mutual fund that includes employer contributions.
Pros: It's more stable than investing directly in the stock market, because you can diversify without having to pay the full price of a share in each company you invest in.
Cons: The investment company does get a cut, and they are... often not great influences on the economy at large. Mutual funds are technically supposed to be more regulated than hedge funds (which are, you know, often venture capital/private equity), but a lot of mutual funds like insurance companies and pension funds will invest a portion of their own money into hedge funds, which is... technically their job. But, you know, capitalism.
Directly investing in the stock market:
Follow people who actually know what they're doing and are not Evil Finance Bros who only care about the bottom line. I haven't watched more than a few videos yet, but The Financial Diet has had good energy on this topic from what I've seen so far, and I enjoy the very general trends I hear about on Morning Brew.
That said, we are not talking about speculative capital gains. We are talking about making sure inflation doesn't screw with you.
DIVIDENDS are profit that the company shares to investors every quarter. Did the company make $2 billion after paying its mortgages, employees, energy bill, etc? Great, that $2 billion will be shared out among the hundreds of thousands of stocks. You'll probably only get a few cents back per stock (e.g. Walmart has been trading at $50-$60 for the past six months, and their dividends have been 57 cents and then 20.75 cents), but it adds up... sort of. The Walmart example is listed as having dividends that are lower than inflation, so you're actually losing money. It's part of why people rely on capital gains so much, rather than dividends, when it comes to building wealth.
Blue Chip Stocks: These are old, stable companies that you can expect to return on your investment at a steady rate. You probably aren't going to see your share jump from $5 to $50 in a year, but you also probably won't see it do the reverse. You will most likely get reliable, if not amazing, dividends.
Preferred Stocks: These are stock shares that have more reliable dividends, but no voting rights. Since you are, presumably, not a billionaire that can theoretically gain a controlling share, I can't imagine the voting rights in a given company are all that important anyway.
Anyway, hope this much-delayed Intro To Investing was, if not worth the wait, at least, a bit longer than you expected.
Hey! You got interest on the word count! It's topical! Ish.
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