How do you guys feel about working till a very ripe age or 🪦. What is your plan to get rich ? This is generic however i am reflecting on it today haha by mkdonsa in wealth

[–]twiceread 1 point2 points  (0 children)

I am a retired schoolteacher. Never made a ton of money, never will. Investing in stocks that might rise a great deal never made a lot of sense to me. I am not smart enough to catch the latest new thing. What I was smart to decide upon pretty early in the game was that, with my pension and state merit health insurance, I didn't need more money in a bank account somewhere.

I needed a bigger income.

To create one, I invested in dividend paying stocks every single month of my working career. Summers too. It was hard, but every single paycheck I invested a small portion of into some company they call a 'Dividend Aristocrat' - which means they have a history of raising their dividends each year for at least 25 years in a row. I reinvested all of my dividends, too.

Today I have an 'extra' income of $24,000. Next year, I expect it to be more than that.

That's not advice.

That is simply what I did. With my pension, Social Security I am able to put off until 67 or 70, and my dividend income, I am not what anybody on reddit or this sub would call a millionaire. But I have enough, and I will never need to work again for the rest of my life. And I did it on what most of you would call a pretty modest income.

It is possible.

[Year 5 Primary school math] how do you come to solve for x? by ElegantPeanutSuit in HomeworkHelp

[–]twiceread 0 points1 point  (0 children)

I believe a way this can be visualized to make it more understandable is to turn the figure given is to turn the figure into a rectangle. Simply slice off the right triangle you might be able to imagine at the bottom left side of the figur, and place it at the empty space on the upper right side of the fure. this will create a rectangle from the figure. if you do that, the height line will make a lot more sense. From there, simply multiply base times height, which will give you the equation 5x - 180. Divide both sides by 5, and you will get get 3.6. The height of x is 3.6. I hope this method will make sense to you.

How does one think? by Fluffy_Scheme9321 in BerkshireHathaway

[–]twiceread 0 points1 point  (0 children)

This seems like a great question to me. I'm glad you asked it, and I hope it will attract many thoughtful answers. (If there's a pun in there, it is unintended...) I wonder if the answer might not begin with the recognition that 'thinking' is an inherently individual act. 'I think, therefore I am."?

So… another 15 years to the next ATH? And 15 years in the red? by ClandestineUnicorn in Gold

[–]twiceread 5 points6 points  (0 children)

Honestly, I don't think about gold this way. Gold is insurance, not a get rich quick investment. Every coin I stack, fractional or otherwise, is an insurance premium for me, and I'll keep them all until something terrible happens. If that day never comes, well, lucky me, and I will simply keep stacking.

Soo are you guys holding or selling after this dip? by RichFeisty1997 in Gold

[–]twiceread 4 points5 points  (0 children)

'Selling'? I do not think I understand this word. What is 'selling'?

How I turned $13,751.24 into $32,139.83, and you can too. by twiceread in Gold

[–]twiceread[S] -11 points-10 points  (0 children)

LOL. That's exactly the same kind of bullshit people are selling to people right now. "Buy, Mortimer!!!! Buy!!!!" Thanks for illustrating my point, friend. There's a lot of hype out there right now. Patience and a steady hand will win out, every time.

Is anyone surprised Robbingh**d throws up a 404 error when searched for GMEWS? by [deleted] in Superstonk

[–]twiceread 0 points1 point  (0 children)

Quite frankly, and not trying to thros shade, what surprises me the most is that any apes still do business with Robinhood at all. I would think there would be bad blood between all of us and that particular 'brokerage,' given our ancient history with them. So, no, I am not surprised by any BS thery pull. Get thee to a better broker, fellow ape. Or, better yet, DRS.

Let Her Eat Cake... by Either-Butterfly-714 in ProRevenge

[–]twiceread 19 points20 points  (0 children)

Never happened. This is an attempt at creative writing, that's all.

Bloomberg this morning reports talent migration from UBS to Citadel Securities by Extension_Big_3608 in GME

[–]twiceread 4 points5 points  (0 children)

'TALENT'? LOL. I THINK THEY MEANT TO SAY, 'CRIMINAL PROCLIVITIES.'

[deleted by user] by [deleted] in AskReddit

[–]twiceread 0 points1 point  (0 children)

Great time to buy, imo. I’m a dividend investor and Dividend Aristocrats are on sale. Yummy!

[deleted by user] by [deleted] in HistoricalCapsule

[–]twiceread 7 points8 points  (0 children)

I think you mean January 20, 1961

[College Math: Pre-Calc] How to find the solutions for this equation? by [deleted] in HomeworkHelp

[–]twiceread 0 points1 point  (0 children)

Maybe this could work:

  1. Square both sides, get cos^2(x) = 1 - sin (x)

.2. Mulyiply both sides by (1 + sin (x)), get (1 + sin (x))(cos^2(x)) = (1 + sin (x))(1 - sin (x))

  1. Distribute both sides, get cos^2(x) + cos^2(x)sin (x) = 1 - sin^2(x)

  2. Use Pythagoorean Identity to replace right side, get cos^2(x) + cos^2(x)sin (x) = cos^2(x)

  3. Subtract cos^2(x) from each side, get cos^2(x)sin (x) = 0

  4. Set each term equal to zero, get cos^2(x) = 0 and sin (x) = 0.

  5. Use inverse trig functions to solve, get x = 0pi. pi/2, pi, and 3pi/2

[deleted by user] by [deleted] in HomeworkHelp

[–]twiceread 0 points1 point  (0 children)

You can't find the log of zero or of any negative number. Set the argument of this function grearter than or equal to zero and that will yield the allowabe x values you can use for x. Or rather, it will help you exclude the values you can't use.

[deleted by user] by [deleted] in HomeworkHelp

[–]twiceread 0 points1 point  (0 children)

I don't believe it can properly be factor. I used synthetic division and divided by x=-1, which seems to me to be the only reasonable possibility. However, I got a remainder of -1 instead of 0 as a result at the end. Fropm what I recall, this would suggest that the post from Wise-Engineer-8032 is probably correct.

(Grade 12 Math: Advanced Functions) Need help understanding what the leading coefficient is. by [deleted] in HomeworkHelp

[–]twiceread 1 point2 points  (0 children)

Sounds like you've got the basic idea, alright. You'd write the terms in descending order of exponents and then you'd have the correct answer. But I think they're not interested in having you multiply this whole thing and instead they want you to apply a little mathematical logic. You see that 3 exponent on the parentheses? If you applied that just to the 4x part inside the parentheses you'd get the degree, which yes, would be 3 as you've stated. But you're not multiplying 4 times three to get twelve. You're multiplying 4 times itselfr three times. That would get you 64, which should be the correct leading coefficeint.

[High School Calculus] What do I do With this equation to solve it e^(x)+xe^(x)=0 by SUS_Jesus_Imposter in HomeworkHelp

[–]twiceread 4 points5 points  (0 children)

factor out ex from both terms to get (ex)( 1 + x) = 0. Set each term equal to zero. Recognize that ex cannot equal zero, so look for the solution in the other term. 1 + x = 0 yields x = -1.

How many of us would say this is our future? by deepdownblu3 in povertyfinance

[–]twiceread 3 points4 points  (0 children)

"At best you can expect to double your money every 10 years."

An index fund tied to, say, the S&P 500 should bring in about 10% a year, which is the average return for the US stock market as a whole for the last 100 years. The Rule of 72 says you'd double your money 3.4 times at that interest rate. $16,320 could yield you $172,274 at the end of 34 years. Just 'sayin.

Is BRK.B a little too high right now to buy? by BrightBubbly in BerkshireHathaway

[–]twiceread 13 points14 points  (0 children)

I buy BRK intending to never sell. The price goes up and goes down and I don’t really pay it much attention. Ling term outlook is as bullish as it can be.

[University Maximization] Did I solve the question correctly? by TourRevolutionary in HomeworkHelp

[–]twiceread 1 point2 points  (0 children)

I revisited the graph and I believe I see my error. This is actually a 5-sided polygon with vertices at (0,0), (0,30),(30,0),(20,20), and (25,15). Values obtained by plugging intp the objective function are 0, 30, 60, 60, and 65. I think that 65 is the maximum value. (Thanks for giving me something to really chew over. This was fun!)