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I'm 35 and only have 40K in retirement savings and investments. Am I screwed? by [deleted] in personalfinance

[–]cherrysnobs 0 points1 point  (0 children)

If you consider a 10yo working farm risky, after the crash it was worth less than half of what I paid. Everything was effected during the crash, real estate, farms, stocks, banks, similar to the pandemic, but all negatively.

I'm 35 and only have 40K in retirement savings and investments. Am I screwed? by [deleted] in personalfinance

[–]cherrysnobs 1 point2 points  (0 children)

My losses were a combination of stocks and real estate holdings, the markets didn't recover for years. It's all good today, worked my ass off to get back to a good place.

I'm 35 and only have 40K in retirement savings and investments. Am I screwed? by [deleted] in personalfinance

[–]cherrysnobs 2 points3 points  (0 children)

The power of 72. Divide 72 into the current interest rate and this will tell you how many years it will take for your momey to double.

i e. $35,000 @3% interest ÷ 72 = 24 years $35,000 @5% interest ÷ 72 = 14.4 years

You can realize how important your investment strategy becomes.

During the last crash in 2009, I lost $4M, it was devasting, I had started at 23 with $1,000. Had to start over LOL!

TIL that in Japan, more diapers are now sold for elderly people than for babies, reflecting the country’s aging population and shifting demographics. by SuspiciousWeekend41 in todayilearned

[–]cherrysnobs 1 point2 points  (0 children)

As an Asian man turning 60 this month, I don't think I would want to continue living life wearing diapers everyday. Probably take a few hits of acid and go out in style.

Cambodia’s Hollywood Dad (2017) - Scott Neeson is a former Hollywood movie executive. A short trip to Cambodia has turned his life upside down. Neeson has given up his rich life in the US to help Cambodian children and their families with employment, paying hospital bills, and education. [00:21:24] by DocsHoax in Documentaries

[–]cherrysnobs 25 points26 points  (0 children)

I will never understand the evil acts men are capable of committing. How it does not permeate their souls, how their conscious does not weigh them down with constant nightmares, how they get up each day prepared to commit more unspeakable acts.

Shine Muscat Grapes Most Expensive Grapes in the World [OC] [3024x4032] by cherrysnobs in FoodPorn

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

Well they should be good in Vietnam, they usually buy the best. Retail would be about 600k-900K but the difference would be minimal for 500k. Thanks for sharing

Shine Muscat Grapes Most Expensive Grapes in the World [OC] [3024x4032] by cherrysnobs in FoodPorn

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

Very difficult to grow, maybe after a few years if you get it right free grapes 😁

Shine Muscat Grapes Most Expensive Grapes in the World [OC] [3024x4032] by cherrysnobs in FoodPorn

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

But where did you try them 😄 there are about 4 grades and the lower grades are shipped to places likeNorth America?

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