• 0 Posts
  • 215 Comments
Joined vor 3 Jahren
cake
Cake day: 27. Juli 2023

help-circle








  • I love the “it’ll be 170k in account after 18 years of you contribute to it.”. Just ran that math through a compounding interest calculator and you’d need to contribute 300 bucks a month to the account on top of 10% yearly returns to get to 170k after 18 year. Over half of Americans say they don’t have 500 bucks in the back ain’t no one throwing 300 bucks a child into an account.

    So almost all or those accounts are going to have less than 6 grand in them and Republicans will blame poor people for not managing their non-existent money better.

    Edit: just did 700k at 35 and that came out to only 200 bucks a month over the full 35 years but if you take the 170k were assuming this 18 year old has and don’t touch it at 10% you end up with 860k at 35. Ted Cruz needs to do better math.






  • I’m not saying this is wrong because I don’t know shit but when ships crossing the Atlantic were forced to switch to low sulfur fuel a few years ago the North Atlantic rose in temp a few degrees. Turned out the sulfur in the exhaust was causes clouds to form in the atmosphere and was shading the ocean and masking global warming in that region. Pretty much the opposite effect of what you’re saying this dude is claiming.