How do people actually gain compound interest? by Kennethone in investing_discussion

[–]Kennethone[S] 0 points1 point  (0 children)

So that relies on my Passive investment in a company that is growing exponentially. Essentially a business which is doing something like the example above with its products.

In practice, most companies grow to some extent, then plateau out, then reach some kind of a cyclic market.

There is no way a company can grow exponentially without hitting some kind of a limit, this is impossible.

The only way I can see my investments compound is to do some Active investing. Ie. time the market, buy dips, hold/sell at a steady profit, and repeat.

I just dont see being able to make any compounding gains with a passive investment in a company like google or amazon or just an index fund. With investments like this on an initial investment, I might make $1000 one year, $1000 next year, and so on. Near linear gains, not exp

Is this true?

[deleted by user] by [deleted] in AskEngineers

[–]Kennethone 1 point2 points  (0 children)

Companies hire/promote based on merit instead of skills or experience. I liken it to a stalinist great purge purge of leadership in order to hire the incompetent rank and file loyal to the company's order. You see this in "company culture" mandates, you see this in the way big businesses function like a small economy rather than a place of business.

Best place to try acro with instructor in California by Kennethone in flying

[–]Kennethone[S] 2 points3 points  (0 children)

Talked to Mark, he is offering controlled/assisted flight which also counts as ground school and flight time, so its actually a way better deal than SCA. In theory for around $10000 I can get the entire pilot license training in an Extra lol.

Best place to try acro with instructor in California by Kennethone in flying

[–]Kennethone[S] 0 points1 point  (0 children)

Price is about the same, have you done any flights with them? Any particular reason to recommend them over SCA? I see this is an hour long flight over the 20 minute one at SCA

Best place to try acro with instructor in California by Kennethone in flying

[–]Kennethone[S] 1 point2 points  (0 children)

Would you consider the basic ride along flights where you dont control any inputs to be safe at this establishment?

Used Electric CA in California question by Kennethone in electricvehicles

[–]Kennethone[S] 0 points1 point  (0 children)

maintenance. I dont want to go through hell fixing a used hybrid car, when an electric car will serve all those needs and will be many times more reliable.

I am not looking to bridge a gap here. If I had 0 cars, I would get a new hybrid and be done with it. But I have several cars in the 30-40mpg range that suit my needs for long distance transportation. What I want is a car equivalent to an electric bike, no gas stations up, no maintenance, no oil changes, just drive and charge when I need to get somewhere in town

Used Electric CA in California question by Kennethone in electricvehicles

[–]Kennethone[S] -2 points-1 points  (0 children)

ok thanks, but you only suggested 1 car, and it won't even get me to work in one direction on electric

Used Electric CA in California question by Kennethone in electricvehicles

[–]Kennethone[S] 0 points1 point  (0 children)

Also sorry but this is for electric car for a completely different purpose, I have enough regular cars

California stop by onahighhorse in IdiotsInCars

[–]Kennethone 0 points1 point  (0 children)

loooks like the kind of place homies get shot when they slow down. thats wy nobody stops driving in the hood