• 6 Posts
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Joined 2 years ago
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Cake day: August 26th, 2023

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  • To do the math;

    $75 x 25 years at (a conservative) 5% = ~$253

    @7% it’s over $400.

    Probably not worth your time to wait 25 years for that.

    However,

    $10/mo at 7% is much more interesting: $8,200

    And $10/week: $34,500

    Over 25 years this isn’t huge, but it’s *something.”

    I used a very conservative % because past gains do not guarantee future performance, and one should not put all their eggs on one basket…But VOO over 30 years averaged 10%, so $10/week with $75 start @ 10% for 25 years is just under $55,000. Double it to $20/wk and you’ve got $108,000.

    IDK what’s in store for the world, but for now, people should invest early and regularly. If it all goes to shit even money under the mattress won’t help, so go for the % IMO.














  • There have been several. I think mostly all little things. Someone not making you fish for the last bit of change for a purchase. An rare cup of coffee. One somewhat recent one was I went to grab food at an ethnic restaurant. Real basic place, not a chain. After I’d ordered and they were handing me the food to go, I realized I’d left my debit card behind. I only had $5 on me. He must’ve seen the surprise on my face. Dude behind the counter was “Just take the food, don’t worry about it.” I was really surprised. I tried to refuse the food, it wasn’t like I couldn’t find some cash, but he insisted. So I gave plenty of thanks, took the food, and made myself a promise that I’d pay it back and then some if I could. Funny thing, I used to go to the city the restaurant was in probably every other month or so for work. Never been back for years.

    Edit: Just took a quick look and it looks like the place is closed. Shit. Really wanted to pay the guy back.