People don’t “like him for it” they like him despite it. Just because people like an unlikable person doesn’t mean they like everything about him.

I don’t understand people talking about what coffee they’re drinking on the internet. I’m drinking local cafe beans you’ve never heard of and I assume most people are drinking their local Cafe beans I’ve never heard of.

In India. US number is 35%, here are some numbers for Europe: https://i.redd.it/d8udyq9edyhc1.png

That’s very funny.

Average in the US for a 2 bedroom is $1317 per statista.

Triple that for a monthly income = $3951

x12 for annual = $47,412

/2080 for hourly full time = $22.79/hr

A 1 bedroom (or 2br with a $200/mo UBI) at $1100ish brings the minimum to $19ish.

A 2 bedroom but working 60hrs/week or using 50% of income on rent instead of 33% is around $15/hr.

Just trying to play around with the numbers to see what a real political proposal might look like. Feels great to meme a declaration, people start disagreeing when you start putting numbers to it.

Assuming legally married or sufficient confidence to not have a break-up be a risk factor here. Gotta say that part.

To me, 4.5% and 5% (taxed) is not sufficiently different to be worth the mind space. If the world was perfect, you should do the CD thing. In real life, there could be a glitch or a mistake of timing that causes an issue with payment of a loan or an auto draft or something, you have to think about it and make sure it’s still paying and your CD is re-upping at a high enough interest rate etc. Not worth it in the slightest to me.

From context clues it seems like they were hosted on Lemmy which is why they are now limiting image hosting.

You have control by default. If you hire a financial advisor to manage your funds, you’re giving them control but you can tell them not to sell ever and they will do what you say.

I usually wait until Feb to be sure I got all my forms but I wouldn’t think now is that early.

You can put fake meetings on your calendar and say “oh, gotta get to my 2:30”.

Pretty sure it should be “valuation”

If I’m low on hot air I’ll just invite [local politician] on the balloon! Oh ho ho ho

Personally I had way too many quality issues at that price range. An earbud would be randomly quieter than the other, the battery of an earbud would die, the Bluetooth would suck, or they would be unusable for phone calls. I bought refurbished $100-something headphones for $70 and haven’t needed to buy any more since.

If you ever tried to burn way too many songs to a CD and got frustrated that it didn’t work… it’s time to stretch your back.

There’s a famous example of the poverty trap that uses boots that fall apart every season vs quality boots that last, and I think there is a quality level that is so bad it’s more expensive in the long run. So I do buy shoes that cost money. But I’m not buying fashion shoes or luxury brand shoes which I think is what you’re saying too.

That’s kind of like saying sports cars are the transportation equivalent of a painting because they are made to look good. I guess you could say that, but it’s not really a useful metaphor if they only have the one thing in common and they’re both things everyone would be familiar with so you’re not translating into more common experience.

Say you have $7000 day 1. Option 1 is to invest it all immediately. Option 2 is to invest only a portion and just keep the rest in cash until you invest later.

In the long run, the invested side always does better than the cash side, interest rates on a savings account by definition never match the long run gains in the stock market. You get a premium for your money in the stock market because it can go negative in the short term.

There is a reason to do Option 2, if you’re saving for a house or a car or something you probably don’t want to risk the market going down right before you want to make that purchase. Or if you are very sensitive to losses and you would he anxious or devastated if you put the money in and saw the value drop.

But for retirement funds, you want to maximize long term gains so it makes the most sense to put it in Day 1.

Making fun of the people who didn’t like the political statement is fine, and there were plenty of high profile people to dunk on for that, but this is literally some rando this person searched up, the original tweet had basically no interactions. This could even be satire for all we know.

Effectively, if not possibly literally, nobody really said this.

It’s not for doing nothing, it’s for doing things he already did. He got the stock as part of his compensation plan at Microsoft.

And a dividend of $0.75 per share is 0.2% interest at the current share price, he could get more in a savings account and 20x that in a CD or something. The dividend isn’t crazy high. He just had a shitload of their stock.

Executive compensation as a whole is a story, but Steve Ballmer is not doing anything particularly noteworthy.

This comment did not go where I thought it was going but very interesting. You’re clearly making the right call for your personal finances.

I assumed you were going to say something about like expensive composting equipment or aluminum straws.