[-] n0m4n@lemmy.ml 2 points 1 month ago

Decimal fractions of a percent are low fee. Vanguard is mostly, if not completely, low fee.

[-] n0m4n@lemmy.ml 1 points 7 months ago
[-] n0m4n@lemmy.ml 2 points 11 months ago

"Here. Hold my beer" Has started several Darwin awards.

[-] n0m4n@lemmy.ml 2 points 11 months ago* (last edited 11 months ago)

Which equals 29^2 x .01 => ((28 x 30) +1) X .01
=> (840 + 1) x .01 => 8.41

28 x 30 is an easy mental calculation, as is adding 1, as is moving the decimal place over 2 places. I am teaching this to 4th graders, in two weeks. % to decimal is next week. They can square 2-digit numbers in their heads, already.

[-] n0m4n@lemmy.ml 1 points 11 months ago

The paths of power have many blocks. If I were from Tuberville's state, I would be looking at how retaliation against Tuberville affects my state. Remember when Christie blocked a highway to a neighboring state, with a pretend maintenance? Oopsie, it was his underlings that did it.

/$

[-] n0m4n@lemmy.ml 2 points 1 year ago

It sounds harder than it was. Our furnace was on its last leg, huge, loud, and inefficient. We made sure that our replacement could handle a heavier load that a HEPA filter would add when we bought it. The second HEPA air exchange filter was an off the shelf unit, put in the room that our immunosuppressed relative worked from. We have allergies, (not serious, but uncomfortable at certain seasons) so the HEPA upgrade seemed to just make sense. Because the new furnace was smaller, making room for a thicker filter was easy. It was an easy swap. Our heating bills went down, so the payback is relatively short.

[-] n0m4n@lemmy.ml 2 points 1 year ago
[-] n0m4n@lemmy.ml 1 points 1 year ago

If Trump is found guilty, and was sentenced for all of his crimes to be served consecutively, it adds to over five hundred years, according to Trump himself. That almost never happens, though. The maximum sentence of the three most severe crimes is twenty years/each. Any likely sentence could be a life term, given his age. IANAL though.

[-] n0m4n@lemmy.ml 1 points 1 year ago

To offset this "tax", people must put their money in places that will grow. Government bond's interests are close to inflation, for example, and are seen as the safest of investments.

[-] n0m4n@lemmy.ml 1 points 1 year ago

Consider a series of transactions for a certain amount of money. Each transaction has a tax cost, that reduces that "certain amount" of money. On average, six transactions return all of that "certain amount" of money back to the treasury/ per Krugman.

[-] n0m4n@lemmy.ml 2 points 1 year ago* (last edited 1 year ago)

Investing in a company puts your money in a non-inflationary asset. If inflation goes up, your land, machinery, buildings, raw materials as well as finished product just jumped in numbers of dollars of value, thus holding its real value. The same can be said of any hard asset, and dollars could also be switched with any country's currency. I like large index funds because they are largely diverse. There are big swings, but I have gotten 9-12% average, over long periods of time.

Inflation is similar to a stock split. If you can understand stock splits, you have a rudimentary understanding of inflation.

Here is some extra information that may be too much info: Add in population growth, and realize how money supply has to at least increase to keep pace, for every worker to maintain the same pay. (in theory) Some nation's citizens like the relative stability of the dollar's value, and trade or have savings hedged with dollars. These dollars essentially drops out of money supply. Their trade velocity drops for these dollars. There are so many variables, that economists look at inflation measures to see how they are doing. These indicators are always 6 months or so behind, so they are always flying by only being able to look behind their plane.

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n0m4n

joined 2 years ago