AAA

Tapeattle

I think its pretty clear that there are two different buisness models here: the classical AAA games that you have to buy, and modern subscription based (or like) games or gatcha/gambling/mobile with microtransactions. They are speaking about the first one, rather uninvestable, the second one seems to be doing quite well.

isdjtantichrist

AAA bonds going to 0 in CRE and Used cars space Huge outflows in CLO market https://preview.redd.it/253ify92wnwf1.png?width=360&format=png&auto=webp&s=15464ec30d541b23c4a84039cc230d7f3c108bf4 Usually a Credit downcycle lags the business cycle but passive is currently distorting a lot of things.

ThirstyWolfSpider

No, no, one doesn't start that way. One buys 64,000 investor addresses and sends a _free_ newsletter. 32,000 get the "buy AAA!" recommendation, 32,000 get the "short AAA!" recommendation. If AAA goes up, one discards the second group, and if AAA goes down one discards the first group. One does the same thing with two groups of 16,000 with recommendations on BBB. One repeats until down to 1000, for whom one has given free always-correct advice for six months in a row, and _then_ one asks for a paltry price of $995/month for additional mailings. Of course, don't do this, as it's an old scam, but don't fall for it either.

Ill_Campaign4141

Someone please just assure me the AAA national gas price will stay below 3.10 by the 31st

Ill_Campaign4141

Y tf did AAA gas prices just start going up again I was probably lows 3s by end oft oct. who fcking me China and the US or wut

Great_Molasses_4601

Other then EV batteries? I know they mentioned large scale power cell storage for our electric grid, and various types of smaller better made batters (like AAA batteries). I also know that companies making electric helicopters that are currently heavily set back due to battery life set backs, something dragonfly could kill.

Pic889

Judging from what investment vehicles were rated "safe" (AAA) the previous time around (2008), I wouldn't be so serious. This time it won't be CDOs, but it may be some other kind of paper alchemy.

onlyonebread

> In 2008, it was banks owning too much subprime mortgage debt repackaged as CDOs and rated AAA (in other words, too much of people's deposits was invested in subprime mortgage debt via CDOs). Yes, this is what made it into a global catastrophe, not the existence of subprime debt in and of itself. What you are describing was massive, large-scale _fraud_. It was technically outside of what is allowed in the system, it's just that the system created the perverse incentive strong enough that violation way way outstripped enforcement. > So, the question now is: Who owns all that subprime auto debt and does it have the potential to bring them down? And how much of Average Joe's bank deposits and 401K has been invested in subprime auto debt? I am not confident that any large segment of finance is leveraged on fraudulently labelled auto debt. I wouldn't bet any amount of money on that. I don't think safe investment accounts could fill with garbage debts like that in this day without ringing massive alarm bells, ESPECIALLY if it was on a massive scale.

Pic889

The problems start when subprime loans make up a larger-than-safe percentage of a firm's portfolio, since subprime debt is by definition unsafe and has the potential to sink a firm. In 2008, it was banks owning too much subprime mortgage debt repackaged as CDOs rated AAA (in other words, too much of people's deposits was invested in subprime debt via CDOs). So, the question now is: Who owns all that subprime auto debt and does it have the potential to bring them down? And how much of Average Joe's bank deposits and 401K has been invested in subprime auto debt?

Perfect_bleu

Everything is fine AAA-rated Klarna burrito loans for everyone

DigitalHemlock

AAA rated!

Big_Wave9732

Whether or not they're "bad loans" is all relative. If the tranche profit model is based on a 3.5 percent default rate, then a default rate of 5 - 6 percent is "bad lending". If the buyer's model and acquisition costs assume up to a 7 percent default rate, then 5 - 6 percent is still winning. Of course the two tranches from the example above will have different credit ratings and will sell for different premiums. So the ones doing the complaining here are the hedge funds, insurance companies, and re-investors who thought they were getting an AAA tranche and instead got an A+ or A tranche. I have no sympathy for these folks, they fuck enough people on their own anyway so let the buyer beware.

Reddituser183

Moodys? You mean ratings agency that gave junk investments AAA ratings? Fuck ‘em!

CloudyBlues82

The lie they are telling us is that it was a few regional banks that screwed up...the reality is some of the largest investment banks and asset management firms lost a whole percent of their ports on specific leveraged bonds because 2 random auto firms no one's ever heard of went bankrupt and suddenly everyone is questioning the safety of AAA-rated leveraged bonds, a multi trillion dollar industry

Fearless_Strike5651

Man I’m not some perma bull or Bear in denial, how you talk I know EXACTLY what side your on. This is just an opinion from someone in the banking business The whole “This is 1929, 2000, or 2008 all over again” Your argument falls apart the second you actually look at the structure of today’s market. In 1929, there was no modern Federal Reserve (Technically YES) BUT, it wasn’t built to do anything like it does now. System policy framework, no QE, no swap lines, no FDIC, no circuit breakers, nothing to stop panic once it started. And 08?…lol Man… I’ve literally got the book at home. You ever actually looked inside those 2008 era CDO structures? It was mezzanine tranches stacked on top of subprime MBS, loaded with 2/28 ARMs, NEGATIVE amortization loans, and NINJA paper. Half the collateral was already deteriorating the day it was securitized. They wrapped toxic SHIT into ‘AAA’ through synthetic swaps and overcollateralization games that wouldn’t make it past a first year compliance desk today. This was a leverage time bomb, and they knew it. Tell me what junk like that exist today ???? IT DOESNT!!!!!!! In 2008, the Fed also moved very slow, didn’t have quantitative easing ready to go, Literally made it up on the go, and spent years stabilizing credit markets. Those were true credit and solvency crises. A bunch of Wanna Be Michael Burrys on Reddit, who grew up reading the House of Cards ;). You will be lucky to call a correction bud Also I didn’t even mention , Post COVID, it’s a completely different playbook. What The Fed do? instantly JUMPED on it !!! cutting rates, launching QE, opening repo facilities and swap lines, and backstopping credit within weeks, corporations were sitting on record cash, households had stimulus, and delinquencies were at record lows. That’s why the system bent but didn’t break. Add in passive flows, ETFs, and instant global coordination, and liquidity floods back into markets at a speed that simply didn’t exist in prior decades. Thats why BTFD will Always work. In the long run. You need to change the way you think Doom and Gloom !!! So when u compare today to 1929 or 2008, you are ignoring the single biggest variable, policy response and liquidity infrastructure. 1929 had none. 2008 had to build it on the fly. 2020 had the full arsenal ready. That’s why we got a V shaped recovery, not a multi year slog. Today’s market is designed to absorb shocks faster, and the Fed isn’t just sitting on the sidelines anymore

Much_Candle_942

They ain't dumb.. they'll want something in return 😉  AAA debt rating incoming 🚂

Ill_Campaign4141

Cool I’ll make 20k if it stays below 3.10 reported by AAA

Ill_Campaign4141

My point is AAA has the national average at 3.07 will it stay below 3.10

Bdice1

Point to one.  I can provide heaps of info on how banks were aggressively approving large loans for consumers with bad credit.   And that wasn’t the only issue.  The banks were taking that risky bad credit debt, deceptively packaging it to get AAA ratings on the MBS, and then selling it like prime debt. I haven’t seen any evidence that there is a similar thing happening in AI.

swampassOG

5'4" and hung like a AAA battery

KittyLover-7

Tranches of AAA Chip default swaps

I-IV-I64-V-I

I think part of the issue is that subprime loan defaults and delinquency are being rolled under the rug right now- take the automotive AAA rated securities and how tricolor just went under If that's happening- what else is going on.

Aduialion

Tranches of AAA Chip default swaps

kkjonnykk

History repeats itself. Wall Street's gonna package these loans, slap AAA ratings on garbage debt, and we're right back to 2008. Taxpayers foot the bill when it all collapses. Same game, different asset.

turbo_dude

This prime AAA investment definitely isn’t a bunch of AI shit repackaged!!

I-IV-I64-V-I

5th/3rd bank just combined with another bank. To become the 9th largest bank... You don't think this has anything to do with 5/3 discovering the tricolor auto - AAA rated super high risk loans that just crashed And the other bank being 10billy in debt to private equity/ property loans Maybe they're trying to become.... To big to fail....

I-IV-I64-V-I

If you follow landlords or used car salesmen on YT youll see em (I follow some to keep tabs on that side of the economy) Several car dealerships were selling 20%apr no credit check loans as AAA rated ones. Florida, Texas, Colorado (COVID boom towns) are all going bust rn- but prices haven't really sunk below 2021 levels

I-IV-I64-V-I

Did you see the AAA rated car loans blow up recently? They should make a movie about it, with a guy Micheal who shorts the repackaged risky loans sold as stable securities

Safe-Breadfruit-1913

Thanks that helps a bit. Based on what you provided EUDF looks like a fine investment. Rheinmetall is probably a big reason for it's overvalued data, which in this case isn't a concern for myself. DFND while I don't have the aggregate data and can't make a solid claim because of that, I think it's composition is reasonable. GE, RTX, and Boeing aren't my favorite stocks but the expose you to US assets is good diversification in a EU defence ETF. If you want just one ETF I would recommend EUDF first and wouldn't advise against including DFND if you want. I would cut that third ETF for sure. Also you don't need to worry about overlap in ETFs or your holdings too much. If you have €100 and invest half in stock AAA and the other half in ETF ZZZ which has 10% AAA it's as though you have €60 in AAA and €40 in the ETF minus AAA. That's ok so long as you're aware of the overlap and account for that. Also legally I am not your financial advisor, this is merely advice from an Internet stranger.

EquivalentSelection

No - your battery isn't even in low power mode... and you haven't even tapped into all of your buying power. You might as well be doing AAA bonds and ultra low yield markets.

monk_cay

Try taking a more global view: If you're a big holder of US debt, i.e., China, Japan, the EU, etc., and are watching an administration that undermines its own BLS plus virtually every watchdog agency, is wide open for Pay to Play deals (or else tariffs), just shoveled $20 billion to Milei in Argentina as a favor and little more (that $20 B very likely just went up in smoke), is forcing chip companies to fork over a % of their gross, and wants to go all in on crypto (what can possibly go wrong), wants to weaponize every possible agency against any & every so-called enemy of the state (see the bizarre & unwarranted gathering of all the US military brass in VA)....the list is endless. With so much instability rocking the country - and its underlying assets - why wouldn't a foreign holder of US debt not have their finger on the 'sell' key. All good things come to an end. Since T's taken office the US dollar has fallen 11% - how much more is a bond holder going to tolerate? If all the above issues plus worsening debt/monetary woes gain footing, this country's 3rd debt-credit lower rating (from AAA) could set the ball rolling - downhill. The last one was Aug '23, just 2 years ago, the very first one in '11 during the recession. As for interest rates, the next Fed decision is the 29th but no BLS numbers Friday, and very possibly at least for another week, who knows, the Fed's much hoped for rate cut this year is likely off the table. Hold on and buckle up, this could get interesting.

jnas_19

so many Michael Burry's you'd think triple AAA synthetic CDO's were back

Mustatan

Yeah and rn the rate cuts seem to be having opposite-day effect. Like Powell seemed shocked and dismayed when last month's rate cut led to a spike in mortgage rates and Treasury yields, so costs just got even more expensive. That's a sign the bond market dgaf and bond vigilantes are coming. Rate cuts don't help an economy when it already got too much inflation on top of earlier inflation let alone stagflation. And when asset prices and P/E ratios already worse than 1929 and housing bubble so bad even a starter home is 7X the incomes in areas or some worse, and the US births rate falling down even faster. And now we've got Tricolor and AAA-rated debt packages unwinding as defaults and delinquencies hit. Like said elsewhere it's a mix of 1929 pre-Great Depression, 2000 dot-com and 2007 and 2008 huge financial crisis all over again, but now with buy now pay later and who knows much BNPL debt added in.

Mustatan

Lol honestly part of me is thinking the same thing, "calls it is" on sunny and rainy days. Otoh part of me wonders about triggers for this house of cards ponzi scheme to implode. This whole "good news is good, bad news is good" delusions is basically like Wile E Coyote running off the cliff for a while and pretending he's still on ground, until at some point he looks down and realizes he's about to start falling. Having P/E ratios beyond even the 1929 delusions for the market as whole and companies that will never come close to that level of earnings--seriously gives me jitters. At some point Wile E looks down and there's a collective realization it just isn't working, esp with all the AI hype quickly starting to dissolve around now as companies start to realize the ROI just isn't there, even negative value from cleaning up all the AI slop and hallucinations. And to make it worse there's huge amount of margin debt now buying equities and one's the first domino falls, look right out below. May have already happened, with the Tricolor bankruptcy and it's AAA-rated derivatives for bad AAA loans leading to huge losses, and then First brand's bankruptcy right on the heels. Feel like we're maybe in fall 2007 all over again, one of those early scenes in The Big Short.

mylastserotonin

Migrating your project from Unity to another game engine is very cumbersome. Moreover, if you spent a lot of time learning Unity’s quirks, starting over with other game engines don’t feel great either. I know some people made switches to Unreal and Godot, and as a solo developer you maybe can do it, but studios using Unity can’t really afford that. Another point is that if you got assets from their store, you wouldn’t want to abandon them. Unity is still dominant in both mobile gaming and AR/VR development. Recently, they are trying to capitalize on their mobile gaming segment (via their new product Vector) by directly competing with AppLovin on ad revenue And since Unity has more rich data than AppLovin, they technically could build a better ad platform than them. It looks like they realized they were trying to be the best in every platform, but Unreal and proprietary engines are dominating the AAA game scene. So they are trying to play into their strength. If they succeed, they would bring in a good amount of revenue and be profitable, just look at AppLovin’s success.

Various_Couple_764

The cap the upside to generate income which is payed out as a dividend. The good covered call funds have yield of 8% to 12%. With that yield you could conitue to invest even if you don't have a job. And since you are buying at low prices the potential gains when the market rebounds could be big. HIstorically growth fund and stock do best in bull markets. But in bear marketdividend stock and funds are typically the best invesments. Government bond in a bear market are generally good but in bear market interest rates typically drop so the yield are also lower. So higher yield dividend fund can be better than government bonds.earn Right now safe covernment bond yield about 4%. But a good utility fund will earn about 6 to 7%. You can also get AAA rated Clo funds at 6% and BBB rated at 8%.And preferred stock funds will earn 6% to 8%.

Wallitron_Prime

I think they're no-question leaving the console business, but I'm 50/50 on whether they're leaving the gaming business entirely. They may be happy being a monopoly on all third party gaming. You can really crank up the microtransactions when customers have no other AAA options. Though "third party" is pretty meaningless when there's only one console your games could even play on and even that console's first party games go to PC as well. Sony can always just say "We want a 60% cut of every game you put on our console," and Xbox would have no leverage against it. I think Microsoft just wouldn't want the hassle and spin off Xbox into it's own publicly traded company, which would then either be absorbed by Tencent or Private-equitied by Blackrock to get stripped for parts.

Brawmethius

Never by choice. Music stopped on the MBS/CBO market because the bonds literally defaulted as variable rates kicked in leaving people unable to pay and no buyers leaving equity value illiquid. Had it not lined up, Wallstreet would have kept packaging junk into AAA investments to today.

FlerD-n-D

AAA games have been ass for years.

commsnek

Tell them you beat your record and went from putting AAA batteries in your urethra to AA and it required a lot of discipline and planning 

GLGarou

Seems like the rumors of investment money in the video game industry collapsing have a lot of truth to it. And not just AAA, but smaller indie companies as well. Most investment dollars is just going into AI and MAG 7. Seems like more game companies are simply going to be a part of huge multi-industry conglomerates like is often the case in Japan. From my understanding, the big movie and music companies are already at that point.

Kozak170

I’m audibly laughing at the idea that anyone can look at the average AAA studio in the gaming industry these days and think that the “talent” hasn’t been in steady decline for years.

free_username_

AAA games about to turn into CCC games for $90 up from $60/70

warm_fork

My current one has screen burn-in like it's a 1999 Tv & has the battery equivalent of three AAA batteries

Various_Couple_764

Many low beta stocks or funds are Dividend stocks. So you could get: * Low beta * Low volatility. * and income At the same time without adding bonds cash in money market funds. you can get consistent dividend yields of 6 to 10% Which is better yield than banks money market or government bonds. And you can use the dividend to either increase your dividend over time by reinvesting it bank into the fund or stock. Or you could invest the dividend into more growth index funds. UTF 7% yield and UTG 6.3% yield are both good utility funds. Regulated stable companes. JAAA 6% yield and CLOZ 8%. These in collateral loan obligations JAAA invests In AAA rated loans and CLOZ invests in BBB rated loans. These loans are back by hard assets so it the company can't make its loan payment the assets can be sold to pay the investors. EIC 11% yield is a similar fund but it invests in CCC rated CLOs. Dividends are payed out generally quarterly or monthly. and it is not uncommon for dividend funds to pay out there dividend even if the stock price falls in a market crash.

The-Goat-Trader

It really depends what you mean by "a bit". TIPS ETFs are the most direct way to hedge inflation, but they’re still bonds—so they can have drawdowns when rates rise (2022 showed that clearly). If you want something less rate-sensitive, AAA CLO ETFs like JAAA or PAAA give you floating-rate exposure (income rises with short-term rates) and generally behave more like “enhanced cash”, though they carry some credit risk. For true short-term parking, ultra-short Treasury or money-market ETFs are safer, but they won’t keep up with inflation if it really spikes.

TastyRobot21

99% investment in AAA collateralized loan obligations. Your basically buying debt from A rated banks if I’m understanding correctly.

Beard_of_Valor

tna always rated AAA (or XXX)

Various_Couple_764

Bonds loose out to inflation because their yield is very close to the inflation rate. The long term average inflation rate is 3.2%. So you should be looking for yields of about 6 or higher. You could invest in CLO (collateral loan obligations with JAAA 6% yield from AAA rated loans. or BLOZ 8% BBB rated loans. There are two really good utility funds UTF 7% and UTG 6.3%. You could set dividend reinvestment to off. That way the cash then goes to a money market account earning about 3 to 4% You could spend or reinvest the money in the money market fund. I am retired and I use this aproach for my income. My income right now evceeds my living expenses. So 80 it spent and 20% is reinvested to insure my portfolio grows over time. Annuities are over hyped by marketing and often cost a lot fro the income they provide. And often the annuity locks you into that one investment for a long time. %

z3ro216

I’d like to add my own perspective on this so at least amongst like my group of friends we have actually set a line for the fact that video games keep going up in price and we pretty much straight away from buying any like the Nintendo switch 2 for example, because we don’t support video games going up to $100 and have actually been spending the bulk majority of what we would normally spend on AA and AAA games into the Indy scene which has been growing market share every year consistently

TurboSalsa

It's the ratings agencies' fault those fast foot delivery loans were marked as AAA.

xploeris

Ubisoft is pretty much AAA shovelware. Synonymous with forgettable, mediocre games.

MrSchmitler

It is 08 in car form, it’s so retarded how agencies refuse to criticize these bonds, tricolors AAA bonds went -90% already, only a matter of time before someone cares enough to look under the hood.

throwingitanyway

start a company named "AAA Defense Contractor", that way when the government looks in the phone book for defense contractors you come up first

AwkwardBet5632

Their recent AAA stuff is already trading at 78 cents on the dollar. Subprime packages are 12 cents.

PashasMom

IMO it's very low-risk. CLOA is very new, so doesn't complete Morningstar data yet, but it's basically a clone of the JAAA fund. Both only invest in AAA rated companies (the most creditworthy). Morningstar rates it as a 7 on a scale of 1 - 100 in terms of risk (1 is the lowest score you can get -- VOO is rated 75 on the risk scale). The price range for CLOA over the past year has been a low 50.61 and a high of 52.12, so you can see the price doesn't fluctuate much.

OrneryZombie1983

My source says AAA rated https://preview.redd.it/yu7t9raeacof1.png?width=348&format=png&auto=webp&s=fa7d572b08da981b28081b70f8d4a31b01d538e2

Independent-Tree-985

> Chinese agency assigns AAA rating to Russian energy giant Gazprom 👀 🤔 so is this why open thinks 'demand will dip' as the news has been touting all morning?

Ch3burashka

You are right that technically the EBRD, as an issuer, has the lower risk of default. EBRD is rated AAA, while Turkey is only BB-. However, in a practical sense there is not much difference between these two bonds, due to the fact that the EBRD is issued in Turkish Lira. If Turkey were to default, the value of the Lira would fall off a cliff, and while you would technically get repaid on maturity by EBRD, the value of what you receive would be a small fraction once converted into EUR. I would speculate that in the event of a Turkish default, a holder of the EUR denominated sovereign bond would be in a better position post- restructuring and able to recover more of their investment. It's very rare for sovereign defaults to completely wipe out investors. Maybe 20% haircut, some extended maturities and delayed coupon payments. Whereas the value of the Lira would likely stay in the gutter for a very long time.

pandymen

Credit rating impacts the interest rate that you are charged. Regardless of your views on them due to the AAA rated house of cards during the GFC, a lower US credit rating has an immediate and long lasting impact.

boxesofcats

Doubtful that they invest in equities. The company will set a strict invest policy for their cash to preserve the capital. It will contain AAA bonds, US treasuries, sovereign debt, cash.  Some companies are branching into crypto. 

ChallengePublic7693

That is true, AAA games have been pumping more brown sludge than a Taco Bell recently.

Rupperrt

He’s downvoted because it has nothing to do with woke. Most games are, some are better, some are worse. Being woke is none of Ubisoft AAA games problems.

WKUTopper

I'll exclude tech stocks since they are subject to too much obso risk over a 20 year period (if I HAD to pick tech stock, I'd probably go with MSFT with it's AAA credit rating). I'll go with BRK, WM or maybe ECL. All are "boring" companies in "boring" industries.

PNW_Trade

Work your way up to fitting AAA batteries in there

Ok_Cry7572

Rough morning. This afternoon, my wife downgraded my AAA rating

Chemical_Zone_5289

Appreciate it. I was also looking into a AAA annuity.

Sea-Put3596

Imo until the top 10 market cap keeps growing on top and bottom line that crazy double digits (larger than ever before) plus with abundance of cash and rock solid balance sheets I think it justifies the higher p/e (one could argue a AAA rated Microsoft bond is safer than some g7 govies).

db_deuce

Short term treasury bills are tax advantaged and returns more. You can get AAA bonds and return way more Anything over 6% does have actual risk, but 4% is criminal and 4% with a steel handcuff is the worst option amount any options. Might as well just put it in HYSA.

IntelDeepInside

What do you use to consume media on your bed? MacBook is peak for light usage like that. Also you can run moonshine and connect to your gaming rig for AAA ultra gaming while still getting 10 hours of battery life with no heat. I haven’t found a better solution for bed tech. If you have any better recommendations let me know

Regardium-Leviosa

Turn your back on AAA and embrace the indie game market. There is plenty for everyone's tastes

Pura700c

100m in mostly AAA rated corp bonds (goog, msft, aapl). Most likely rules based and a tiny fraction of the $1.6b portfolio.

Mr-Brown-Is-A-Wonder

I have been a Root customer. I am switching to AAA. I will be saving money and getting better coverage with lower deductibles. Root started out and cheap insurance with crap service and now they're a premium priced shit show. Enjoy your bag holding.

Burnned_User

Haha no longer AAA+

martinki11

Just like how mortgage bonds were rated AAA by Moodys during the subprime mortgage crisis. All these ratings agencies are corrupt and bought out to uphold an illusion.

Lethalmouse1

I said decent.  Gas, child care, time savings (if the husband isn't trash this can skyrocket beyond a 50K household really).  The impact on behaviors etc.  When having simple broad conversations, and for the autistics that need them hard numbers, you have to do averages of things with metrics for the most part.  An avg commuter job is going to be some $200/month in gas. Or $2400year. A housewife would cut that portion.  The avg childcare for 2 kids runs around 1500/month, or 18K/year.  We are at 20,400.  The impact on most people and cooking food, cheaper food, vs busy workers, and eating at work lunches, etc, is going to be on avg 3-500/month.  Without going much deeper, we hit say, 6K/year.  26,400.  Wear and tear on vehicles is drastically different too. My wife only gets 1 oil change per year roughly. Thats 200+ /year.  But if we go internet simple standard AAA says wear and tear is on avg about .30 per mile.  If we assume 20 mile commute each way, that is 40x5.  That is 3,120 per year in maintenance costs.  $29,520 Rounding, you need in avg $37,500 income to clear 30K.  There are compound effect flowing into things too. When two people go to work for 8 hours, drive 30 mins each way and have to leave with ample time not to be late, that is usually a solid 10 out of 16 waking hours. You come home, rush around, share the house chores. You hire the mechanic, you hire the landscaper, we'll before a solid family would.  This is where a non alcoholic, functional husband is freed to add compound values.  The mistake people make is seeing the perfect alternates. Teachers, are the number 3 millionaire profession for a reason.  If Mrs. Wife, works in the local school district, picks up 40K/year, works the same hours her kid is in school, drives home with the kid, is off during the summer (free child care), is off on the same breaks and holidays (free childcare), and is making a pension job, is still able to do 50-70% of "housewife stuff."  That home makes fucking bank. So they see a dual income household as the answer.  But them Mrs. Dumbass gets a job making 48K working with the no summers off, no holidays off, the miserable schedule, and commutes. Not seeing their kids, and is really loosing money.  So it is not always a 1:1, some work from home jobs today, the part time Church secretary. The Friday night waitress. They all add the same housewife value + some extra income.  But, they don't realize that church secretary working 20 hours a week, 5 minutes from home, with liberal, run out and can take the kid to work during the summer for 4 whole hours at their church... this isn't a warehouse working "independent woman TM".  So the warehouse worker family, she makes 45K, with overtime and can't understand why 28K making church secretary is not struggling.  It's because church secretary still is worth 50K housewife + 28K.  Warehouse mome at 45K, is worth NEGATIVE $5,000.  The pandemic of singles and divorces, etc, also skews comprehension of job values.  But, all the nitty gritty working women, hitting the non- "girly/wife jobs", making 50K or less, are generally worth negative value.  Anything in between gets gray, is "65K" worth it to your stress and quality of life? How much more does a wife who sews something add? Etc... it gets hard to track. (Note the article I linked about about the "invisible economy")  So yeah, at working, 100K hubby and 100K wifey, you start having massive value hiring the landscaper and buying more prepared/restaurant foods etc.  But, most families today are negative money, despite their imaginary paper income.  And finally: >ones in my circle aren’t putting in nearly that much work. Most people are vice riddled pieces of trash. Most husbands are trash, most wives are trash. The wine drinking "Peg Bundy" and a lazy beer swilling Al Bundy, are just pieces of shit. And there is the rub.  If your wife is utter garbage, then she is already worth negative money. So her making 25K at a warehouse is a plus. But you're poor because you are low class trash couple... 

RefreshMints69

Msft credit rating is higher than US Gov AAA

Silly-BambiSlut

But Unity doesn’t make AAA games

abrandis

You put the money on risk free 4%+ treasuries or other mow risk like muno or grade AAA corporate bonds... Sure you won't make possible 7-15% gains but you're also mostly isolated from risk, sure there's inflation risk, but guess what if we have greater inflation than we had ,the entire economy will have a lot greater issues ..

Aggressive-Donkey-10

also look at PAAA run by PGIM - Prudential, paying 5.45% 30 day SEC yield, all AAA, and holds senior triple A compared with JAAA, holding more junior AAA

iyamwhatiyam8000

Stock refugees will seek safer investments during an economic recession but it is highly unlikely to flow into US treasury bonds in the volumes that it has in previous recessions. The debt to GDP ratio will will continue to worsen during an economic recession and US debt will suffer further downgrades forcing yields to rise. Investors fleeing the stock market will seek safe havens but these will be in AAA rated bonds , gold , offshore etc and not shaky US treasuries. Increasing yields push the US closer to default and risk averse investors will look elsewhere to protect their capital.

Aggressive-Donkey-10

PULS SEC Daily Yield (Unsubsidized) as of yesterday 08/15/2025 is 4.48% per PGIM website JAAA per Janus website (As of 07/31/2025)30-Day SEC Yield - 5.32% JAAA will fall with FED Funds as well due to short term variable rate funding, JAAA is >95% AAA rated CLO with no AAA rated default in US history, and during 2022, worst year for Bonds since 1777, JAAA fell 3.2% then gained it back over 15 months. So that's the biggest downside risk. may be another good place to park some cash?

Aggressive-Donkey-10

PULS SEC Daily Yield (Unsubsidized) as of yesterday 08/15/2025 is 4.48% per PGIM website JAAA per Janus website || || |(As of 07/31/2025)30-Day SEC Yield - Without Waivers |5.32%| JAAA will fall with FED Funds as well due to short term variable rate funding, JAAA is >95% AAA rated CLO with no AAA rated default in US history, and during 2022, worst year for Bonds since 1777, JAAA fell 3.2% then gained it back over 15 months. So that's the biggest downside risk. may be another good place to park some cash?

cutiesarustimes2

Everyone in the daily upgraded to AAA, outlook positive 🥰

skimtvernon

Are you effing joking? Dimon directed JPMC quants to engineer a way to dupe rating agencies into rating baskets of subprime mortgages as AAA. He is one of the main drivers of the 2008 crisis. He also looked the other way, (the bank never filed a single SAR) as Madoff ran his Ponzi scheme while using JPMC as his primary bank.

FakeRickHarrison

This is your lucky day: I have a bunch of CCC-based loans I just bundled. These are rated AAA !

Hevens-assassin

So you agree that older than 35 are more or less irrelevant to game devs? Thanks for agreeing with me. 44 year olds aren't chomping at the bit for Microtransactions. Video games, especially these multiplayer ones, are business first. Average gamer age is 36, with recent papers showing that >35 have reduced interest in multiplayer games (especially when excluding parental experiences with kids). So a multiplayer game, aimed at monetization, respectfully, doesn't care about you. You are not their target audience, especially when cosmetics will "ruin" experiences for you. Go play games like Hell Let Loose if you want grounded experiences. If you're going to a mainstream game by a AAA publisher, and you are against fun skins, you are screaming at the void. Half of ALL gamers are over 36. More than 3/4 of in-game spending is below 36. Why would they listen to those who aren't spending?

ambermage

Don't buy Calls until you see the Night Vision video of AAA fire over Washington.

jesperbj

Define "big game". Because yes, Unreal sits heavily, almost exclusively on AAA (major PC/console) games outside of the ones developed in proprietary engines. Now look at where the money is made in the industry. It isn't there. It's on mobile. Which Unity absolutely dominates. Former management failed at monetizing the platform. Communication sucked. They were almost at war with their own customers. New management is completely different. They understand that they need to provide better value in order to charge more. And they're doing that. Vector, the new ad algo, is competitive with AppLovins Axon 2 in terms of ROI. The newest version of the engine (6) is significantly more stable and better performing than previous. Different focus from before of just adding more half-baked features. Also has the highest adoption ever. And don't underestimate the power of "easy*. That's exactly why it's popular - and much easier to learn. There's decades of quality user documentation out there and it's much easier to get into. It's also the only truly multi platform engine. You can literally built for any platform in Unity.

ppkao

Small indie studios typically don't build their own engines unless their lead developer has full reign and wants to do it for the sake of it. This happens way more often than you think it does in the industry. The majority of studios I've encountered, from AAA to a one person team, are poorly managed from a business perspective. But I digress. It's successful studios who ditch Unity for their own in-house engine. They do it because the only way to grow after a certain size is to develop sequels. Why sequels? They're cheaper to make. They have a proven formula and a proven audience. Making your own engine is a growth necessity for these types of games since they have full control over the underlying tech as well as not having to pay for uncontrollable licensing fees.

ppkao

> 70% of all mobile games are made with Unity My point is that while that may be true the mass majority (I forget what the number was but ~90%+) of mobile games made with Unity don't make over $100, and we're talking about lifetime. > "The mobile gaming industry is a massive sector, valued at USD 139.38 billion in 2024, and is projected to reach USD 256.19 billion by 2030, growing at a CAGR of 10.20%. This growth is fueled by the widespread availability of smartphones and the free-to-play model with in-app purchases." How big of that chunk was captured by developers using Unity? Not as much as you'd think. AAA studios make a huge portion of gaming revenue but they prefer to use UE over Unity. Successful indie titles typically adopt the DLC approach and not the ad approach. Ads in games were popular over a decade ago. That's not how big revenue is made in games these days. So even if Vector is technically good (wouldn't bet on this based on their track record), it's still trying to capture a small fraction of gaming revenue. Here's a question for you to consider: Why do you think Unity's previous ad platform failed? And why is it better this time? Incorporating AI doesn't automatically make a platform successful especially after countless devs have been burned by their previous ad tech before. > Yes, teams are getting smaller, because it gets easier and easier to create games thanks to such game engines as Unity, which is one of the most (or even the most?) user-friendly game engine to start game development as a beginner. With Generative AI used within the Unity Engine and creative people who have difficulty programming, I can envision lots of new cool games with new concepts, some probably also going viral on TikTok. Unity would profit from such new games out of which a small amount could be virally successful. That's the dream, and that's the dream I pursued for 10+ years. There *will* be transformative games made by smaller studios and using AI, but you have to understand the indie dev culture. They are not driven by profits. They're driven by creativity and art. It's honestly admirable and I wish my friends in the industry well but the fact of the matter is they **don't make money**. And if they don't make money, Unity doesn't make money. Ad tech or no ad tech. I highly recommend researching revenue models adopted by games in 2025 and the distribution of revenue amongst types of studios and games. The tech here doesn't matter as much as you think.

yodamastertampa

Nope. Not smart. Invest in almost anything and you can beat that. For example JAAA is highly rated AAA bonds that yields 5.76. Try out SPYI for 10% income or MAIN for growth plus income. So many options.

Hwangoutpltr

5'4" and hung like a AAA battery 🔋

PoliticalJunkDrawer

I checked AAA before I posted, but gas here locally is about $2.85, a little cheaper if you pay cash. $3.90 a good price for your area?

qazwer001

even AAA games after Nintendo price hike are cheaper than they were 30 years ago accounting for inflation. I got downvoted for this in pcmr but I would MUCH prefer $100 games being normal if it kept the lootboxes and micro-transactions at bay.

OscarCapac

That's the thing, the western video game industry is in a crisis right now. Unlike a few years ago, the audience for AAA checks if the game is woke (or just bad) before buying. That's why they remove most woke elements from the trailers now I think a good amount of casual gamers and fans will disregard the signals and still buy it. Maybe 2 or 3 millon copies sold and then sales will fall off. Then sales will stop, the studio will have to publish the losses and the stock will tank. It happened to every woke sequel, literally 100% certain (if we assume GTA6 indeed is woke... Which is pretty much guaranteed)

Mr-Brown-Is-A-Wonder

FWIW, I'm canceling my root policy. They jack up rates faster than chipotle. I can get coverage from AAA for the same price now.

Due_Arm1563

Dude had triple AAA hands 🙌.bless up 🔝 G take profit

danteselv

Making 50k and then instantly putting it all at risk again is just a poor decision you made. Anyone who makes poor decisions will lose money. This sub is starting to feel like a AAA meeting.

SideBet2020

You get a triple A and you get a triple A. AAA for everyone!