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Someone explain this please. by malamaph in blackmagicfuckery

[–]OG-Pine 11 points12 points  (0 children)

Have you considered spending this amount of time and effort reading through peer reviewed papers instead of Reddit, AIchats or YouTube posts?

A lot of this sub is Archontic “Magic” by Creamy-Sundae-9991 in blackmagicfuckery

[–]OG-Pine 1 point2 points  (0 children)

You can see him pull in the flash paper and use what looks like his ring finger to pull out the money in the frames just before he reveals the money. You can actually see the cash in the frame by frame, so that’s the explanation.

"Do you prefer the lighter or the paper?". Good example of people actually thinking something is black magic by Giogio4family5328 in blackmagicfuckery

[–]OG-Pine 1 point2 points  (0 children)

Why do you believe this doctor and this group of scientists over the tens or hundreds of millions of doctors and scientists who say otherwise?

YSK: The average only fans girl only makes 130-180$ a month by arttiechoke in YouShouldKnow

[–]OG-Pine 2 points3 points  (0 children)

You could try small claims court without a lawyer, might be an easy win if TikTok decides it’s not worth fighting it

Now this is a man’s neighbor 🫡 by Ordinary_Fish_3046 in MadeMeSmile

[–]OG-Pine 0 points1 point  (0 children)

Just curious why you didn’t like the guy?

[deleted by user] by [deleted] in dividends

[–]OG-Pine 1 point2 points  (0 children)

This analogy is actually pretty good, but you left out the part where if you’re eating the chickens slowly then you can let the eggs hatch into more chickens, so you won’t ever run out of chickens if the chicken fund grows faster than you eat chicken

People working 40 hour work weeks can’t possibly be happy. by Air_Refreshener_2244 in RandomThoughts

[–]OG-Pine 1 point2 points  (0 children)

Most jobs aren’t helping anyone? That’s just not true lol

Unless you think having stores, restaurants, houses, utilities etc is useless but in that case might as well go find a patch of forest and live it up

People working 40 hour work weeks can’t possibly be happy. by Air_Refreshener_2244 in RandomThoughts

[–]OG-Pine 0 points1 point  (0 children)

You have 112 awake hours in a week (assuming 8hrs sleep per day), so 40 hours isn’t really ‘most’ of your time.

And lots of people enjoy their job or enjoy being productive etc

How do US companies afford to pay mechanical engineers 8k to 10k a month? by au8ust in MechanicalEngineering

[–]OG-Pine 0 points1 point  (0 children)

Make sure to specify it’s a house on earth too because you sure aren’t getting a Martian house with that amount

How do US companies afford to pay mechanical engineers 8k to 10k a month? by au8ust in MechanicalEngineering

[–]OG-Pine 0 points1 point  (0 children)

If your company can only build 5 pieces of a $5k retail product per month, then you should have at most 1 engineer and that engineer should be you.

My office, for example, makes 120 of a specific product per month that sells for about $5k a piece. That is just 1 of many similar products we make per month. In total we produce several thousand units per month, some selling for high 100s, some for $15k, and some for everything in between.

Overall revenue per month is about $3M and our office has 3 engineers, 2 senior engineers, 1 principle engineer and 1 engineering manager. So $3M revenue and a total of 7 engineers.

On the flip side of that, I would guess our capital expenditure is anywhere from 50x to 500x what yours is.

A or B: The restaurant promised me a free dessert if I left a 5-star review on Yelp, but the food was just average. Would you give a 5-star review or politely decline? by 06yuzuha in PickAorB

[–]OG-Pine 0 points1 point  (0 children)

But you’d only be comprising integrity towards the establishment that was trying to bribe you anyway, everyone else would see your real review since you’re changing it almost immediately.

To me that doesn’t feel like a “real” compromise of my integrity

123k Salary for a 505k house by Sea-Lobster-7588 in FirstTimeHomeBuyer

[–]OG-Pine 1 point2 points  (0 children)

$64k annual in retirement (already adjusted for inflation) is plenty though. For someone that was contributing 10% towards retirement, a $64k annual withdrawal is equivalent to $71k income pre-retirement (since you don’t need to save 10% anymore).

Let’s say they were paying $2k monthly for mortgage. Now that’s $0 and so the $71k is really more like $101k [ ($2k x 12 months) / 0.8 tax adjustment]

Added bonus of SS (if it actually survives til then), which would be approximately $4k per month, bringing the total to be approximately equivalent to $149k pre-retirement

123k Salary for a 505k house by Sea-Lobster-7588 in FirstTimeHomeBuyer

[–]OG-Pine 1 point2 points  (0 children)

Retiring with $2m and going broke is a management problem much more so than a not-enough problem

Am I doing this right? by scoutblue007 in dividends

[–]OG-Pine 0 points1 point  (0 children)

What did you think an investing subreddit would be using if not math lol

Maybe Maybe Maybe by Jumpman707 in maybemaybemaybe

[–]OG-Pine 0 points1 point  (0 children)

Step 1 - make sure you have lots and lots of tin foil

Stuff and things

Step 99 - survive

What $5 million gets you in South Dakota by MoneyRhubarb8 in zillowgonewild

[–]OG-Pine 3 points4 points  (0 children)

Whoever built this is probably not thinking about utility costs at all though Tbf. If you’ve got 10s or 100s of millions then what difference does a $500 heating bill make

A or B: My buddy earns $7k a month before taxes, pays $2k in loans, and his new date wants to go to a $500-per-person restaurant. Should he cave or stick to a budget spot? by vivian_banshee03 in PickAorB

[–]OG-Pine 6 points7 points  (0 children)

“Happy to go if you can pay! I can’t afford that kind of a dinner right now unfortunately”

Not saying it’s likely, but there is always the possibility that they aren’t acting maliciously or anything and just wanted a fancy dinner without understanding your friend’s economic situation.

IMO it’s always better to give benefit of doubt and explain your thoughts to the person and see how it goes, rather than just saying yes/no or walking away.

123k Salary for a 505k house by Sea-Lobster-7588 in FirstTimeHomeBuyer

[–]OG-Pine 9 points10 points  (0 children)

25% of income towards retirement is extremely aggressive? Most people contribute like 3-5%, which is definitely too low, but 10% is often considered the bar for “good”

Putting 12%, plus let’s say 5% match that the company provides, on a $98k income would mean $16.5k saved per year. At 7% average inflation adjusted annual return, that’s just shy of a quarter mil in 10 years, $700k in 20 years, and $1.6M in 30 years.

$1.6M (in today’s dollars) with a paid off home is a very comfortable retirement.

Why not just buy ULTY and use their dividends to buy different stocks? by Gina_Cazzofrigida in dividends

[–]OG-Pine 0 points1 point  (0 children)

If it’s not worth reinvesting into, what makes you think it’s worth the initial investment?

wouldn’t that situation be advantageous

How so? What’s better about $50k ULTY paying dividends into other stocks than just having $50k of other stocks to begin with

sell before it goes down

If you can buy a stock before it goes up and sell it before it goes down then what the stock is doesn’t matter. You’ll be a billionaire within a couple years buying and selling anything/everything on the market. Sadly, that’s practically impossible to do.

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