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Joined 2 years ago
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Cake day: June 10th, 2023

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  • Holy shit yes. Compound interest is a hell of a thing.

    Find a financial advisor that is a fiduciary, not just some rando on a bus ad or trying to do Bitcoin yourself or using a buddy’s friend or whatever. A fiduciary is legally obligated to work in your best interest, even if it means they lose money themselves.

    I would also recommend using someone not related to you or in your social life at all. It’s someone you meet with once a year and their only job is to make you money as fast as possible because they get paid based on how much their clients invest.

    Then you can just watch the line go up.

    And if you can, make a monthly contribution to that account as well. Even like $50 a month makes a huge difference over the 40-50 years you’ll be investing.

    https://www.calculator.net/interest-calculator.html









  • I had the same reaction as a smoker. It’s really not all bad, and as a now non-smoker, it’s great to not wake up the next day to the clothes I wore to the bar smelling like an ashtray, so I now understand the complaints.

    And it saves you, the smoker, money because you’re not chain smoking sitting at the bar anymore.

    At the end of the day, though, a beer drinker sitting next to a wine drinker is a bit different than a smoker sitting next to a non-smoker, so the whole “you’re already at a bar!” argument is pretty disingenuous and doesn’t really go far with me.