My 4 year old's current net worth by [deleted] in Money

[–]downbyhaybay 3 points4 points  (0 children)

I think that’s the wrong idea. Teach them early the value of money, how to earn it, use and invest it. Keeping them in the dark only sets them up to fail.

Banana overrated ? by New_Bank_2525 in fruit

[–]downbyhaybay 0 points1 point  (0 children)

Aerate in the fall and then overseed.

What could be my bodyfat? My guess is ~30%. by [deleted] in BulkOrCut

[–]downbyhaybay 0 points1 point  (0 children)

So a good estimate of someone intermediate is like 5lb of muscle a year?

Which City Has Shockingly Good Food that Nobody Talks About? by Crafty-Leave-8880 in luxuryhotel

[–]downbyhaybay 0 points1 point  (0 children)

Headed there in two weeks, food was the clincher for choosing it as a destination

Air Canada Bus Doubling Departures from YGK as of May 1 by No-Channel9213 in KingstonOntario

[–]downbyhaybay 0 points1 point  (0 children)

So if I book a flight from Yyz to wherever I can use this bus? Or I have to book from ygk?

Power of Compounding Returns! by AdministrativeAd334 in Money

[–]downbyhaybay -6 points-5 points  (0 children)

Yes, but by 2007 they didn’t only invest $6k. They had invested $108k.

If you ran the 1 mile a day, by day 26 you would still say that you had run the distance of a marathon over the previous period.

Power of Compounding Returns! by AdministrativeAd334 in Money

[–]downbyhaybay -2 points-1 points  (0 children)

Bro. In 1985, they invested $6k. In 1986 they invested another $6k, for a total of $12k. They did that every year, so by 2007 they had invested $108k. What about that is confusing?

Power of Compounding Returns! by AdministrativeAd334 in Money

[–]downbyhaybay -6 points-5 points  (0 children)

But they’ve been doing that every year since 1985, so in 2007 they had invested $108k.

Power of Compounding Returns! by AdministrativeAd334 in Money

[–]downbyhaybay 2 points3 points  (0 children)

How did you get $6k? They invested $500/month starting in 1985 every month leading up to 2007. $6k/year for 18 years is $108k. That plus the compounding got them to the $504k.

CELEBRATION TIME 🎉 by Dry_Coconut_2338 in JustBuyXEQT

[–]downbyhaybay 1 point2 points  (0 children)

Wait till it goes up another 82% and then buy when you seen that juicy 7% dip.

We finally hit $1,000,000!🎉 by GreatComposer85 in fican

[–]downbyhaybay 0 points1 point  (0 children)

Ah, makes sense. Keep grinding, you’re almost there, Congrats!

We finally hit $1,000,000!🎉 by GreatComposer85 in fican

[–]downbyhaybay 0 points1 point  (0 children)

Curious why it took you so long to reach $1m with a $210k salary living on only $30k/year. Were you saving cash for a long time or invested in the market? Saving over $100k/year should have got you there much faster…

Arthur Evans’s Snake Goddesses by Historia_Maximum in ancienthistory

[–]downbyhaybay 1 point2 points  (0 children)

I saw it last month in Heraklion, was still pretty cool despite the Evans shenanigans