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Cake day: July 4th, 2023

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  • 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.






  • Michigan GOP is in shambles because they elected the “outsider” MAGA candidates who had no fundraising experience, they immediately failed to fundraise enough, it got so bad that their flagship annual fundraiser was a fraction of its normal size.

    Instead of pulling together to right the ship they…immediately turned to conspiracy theories, declared each other to be Deep State plants, and demanded the party leaders “open the books” to show how much money there really was, but party leaders refuse because it would prove how bad at fundraising they have been.

    Detailed in a recent This American Life.








  • Fleamo@lemmy.worldtoPersonal Finance@lemmy.mlIRA lump sum? USA
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    10 months ago

    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.