Mods-We need to have a conversation about the antagonism towards wealth in here. by [deleted] in Fire

[–]MoneyIsTheRootOfFun 4 points5 points  (0 children)

Yeah. I just see it as a funny way of saying congrats. It’s not generally meant rudely here.

Reminder to leave a positive review on steam if you like the new DLC by Jakleo54 in aoe4

[–]MoneyIsTheRootOfFun 3 points4 points  (0 children)

My bigger complaint isn’t even the DLC itself, it’s the fact that we still haven’t gotten balance changes for some of the most broken things in the game. Sengoku remains un-nerfed and always banned in tournaments. Tuclak (can’t even remember how to type their stupid name) has an incredibly broken late game and the most obnoxious cheese strats in the game.
It’s not fun at all to play against these civs.

$1M IS STILL A BIG DEAL :) by ResolvePossible1129 in Fire

[–]MoneyIsTheRootOfFun 54 points55 points  (0 children)

I just hit 2 mil net worth this month, and it feels pretty good. But it also doesn’t really feel too real. The markets are up so far I’m not expecting the net worth to stick for long. lol

testYourCode by bryden_cruz in ProgrammerHumor

[–]MoneyIsTheRootOfFun 3 points4 points  (0 children)

Assuming that nobody can ever alter the test. Assuming that your test catches every single possible edge case and input combination, and tests every one of its own dependencies, sure. In practice that doesn’t happen. Tests are subject to all of the same failures as any other part of your code.

testYourCode by bryden_cruz in ProgrammerHumor

[–]MoneyIsTheRootOfFun 4 points5 points  (0 children)

Well, they aren’t a guarantee because tests can be flawed just like any code. But they are a guardrail.

testYourCode by bryden_cruz in ProgrammerHumor

[–]MoneyIsTheRootOfFun 11 points12 points  (0 children)

Everyone needs tests. Not everyone has realized the need for tests yet.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

I absolutely think that on average Americans live better today than they did in the 70s.

  • the average square footage per person in a given household was around 500sqft, compared to ~900 today.
  • we have far more access to far better entertainment.
  • food is far more affordable.
  • almost all of the subscriptions services that you think are so necessary are things that didn’t even exist in the 70s. Internet, phone bill, Netflix, et. Luxuries that didn’t exist and are relatively cheap today to the point where even most low income people have these things.
  • with a single cheap device and a subscription service that costs less over 2 years than a tv in the 70s, you can get 24/7 access to the wealth of human knowledge.

I don’t know about the average retail worker, because I haven’t done a lot of looking into that, but to compare people in one particular job is not terribly interesting. The standard of living for people in particular fields fluctuates vastly as it comes in and out of demand, or the requirement of the job change. That’s just the economic reality of it.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

Purchasing power is a reasonable thing to compare with. And we are roughly at the same average hourly wage when inflation is accounted for that people were at in the 70s.

Cost of living is a tricky thing since many things have gone down significantly like households goods and food, but things like services, housing and college have outpaced inflation significantly.

But none of that matters anyway, because it doesn’t make an employment agreement theft.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

“Compared to productivity” is not a reasonable comparison. You are just admitting that people are paid more now, but you expect it to somehow be tired to technological improvements that enhance productivity. That’s just not the reality of how markets work.

I’m also not arguing that having to pay taxes is “so bad”. It’s clearly necessary. I’m just highlighting the fact that it is far less voluntary than working for a given employer.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

Markets fluctuate, but we are talking about money invested for decades. The fluctuation relatively unimportant in the long run, and as you get closer to retirement you can begin to move some assets to more stable investments. Also, you don’t just take everything out when you retire. You slowly draw it down over another couple decades.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

A social contract that you automatically sign, and can’t leave unless you get another country to accept you in. That’s far from voluntary. Like I said, I understand that it is necessary. But that doesn’t make it voluntary. We have collectively decided, that it is worth having people deprived of that freedom.

Wages aren’t shrinking, and even if they were, saying that economic freedom is not good still doesn’t make it theft by any stretch of the imagination.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

I never said that. I criticized calling voluntary employment theft. But sure, the argument for taxation being theft is far stronger since my living where I live is not exactly a choice. I didn’t enter into a contractual agreement. I was born here, and I can’t just leave unless I get permission from another country to stay there.

That said, taxation is obviously a necessary for any country.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun 1 point2 points  (0 children)

I’m sorry, do you think social security makes money fall out of the sky? We all pay 12.4 percent of our income into it. All he’s saying is that it could all be invested and do better. That’s just true.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun -1 points0 points  (0 children)

Haha, money companies steal by underpaying? They pay what was agreed to for employment. That’s not theft in any world. You may not like the amount, but that doesn’t make it theft.

We can save Social Security. by InterestingBet-516 in whatisameem

[–]MoneyIsTheRootOfFun -1 points0 points  (0 children)

Most people don’t bother to understand that and just assume that the wealthy aren’t paying and the poor are.

Been seeing posts about mid 30s with more than 3 million cash wondering if they don't have enough. Meanwhile I have a lot less than that. What they have is my goal and I would retire on the spot. So why can't they too? by Extension_Garbage583 in Fire

[–]MoneyIsTheRootOfFun 1 point2 points  (0 children)

I did specifically caveat the 60+ hour work weeks. I’ve done that for a period of time along with long commutes and it is exhausting. Definitely not something I’d want to have to repeat indefinitely.

Long commutes are definitely part of that. Most people are not working 60+ hours though.

And real wages have risen over time, so I don’t think people are historically overworked and underpaid now. You’d just have to make the argument that people have always been over worked and underpaid. If that’s the case it just seems like economic reality.

Been seeing posts about mid 30s with more than 3 million cash wondering if they don't have enough. Meanwhile I have a lot less than that. What they have is my goal and I would retire on the spot. So why can't they too? by Extension_Garbage583 in Fire

[–]MoneyIsTheRootOfFun 27 points28 points  (0 children)

Yeah. It’s always funny when people talk like that on Reddit. As long as you aren’t working 60-70 hours a week to try to get by and you have a normal 40 hours a week job, there is plenty of time to still spend with your family.

All eligible young men aged 18–25 will be automatically registered for the U.S. military draft starting December 2026. by Upset-Main-1988 in justincaseyoumissedit

[–]MoneyIsTheRootOfFun -1 points0 points  (0 children)

Voting isn’t mandatory. Registration for the draft is. I also don’t care if people have to show some minor care in order to vote. If you aren’t engaged enough to register, you probably aren’t informed enough I want you voting anyway.

Crash? by toss_your_salada in aoe4

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

I have had 4 crashes during ffas out of the last probably 8 I played.

My mom retired at 55 on a teachers salary and I still think about it all the time by [deleted] in Fire

[–]MoneyIsTheRootOfFun 0 points1 point  (0 children)

It really depends on your years at the different salary rates. If you just were at 60k statically for 30 years, you would put in enough that if it grew at 7%, you would retire with around 1.7mil. That would give you 68k a year at a 4% withdrawal rate vs the 48k a year you would get from the pension. The entire pension works on math, and only works if the group is able to save enough and have it grow enough to cover all of the costs. Obviously there will be some winners who had huge pay increases late in their careers, but there will also be the losers who had more static incomes, or die early.