I>I agree that saving for the future is vitally important. But basic cell phone plans aren't much more than land lines, and if you're not sending dozens of texts a day it shouldn't be a significant expense.
(I forgot to reply to this part.)
The original poster said it was one of his biggest expenses and that's what provoked my reply. Of course cell phones are good to have and I wouldn't want to be without one. But I don't use it for casual conversation, and my monthly bill is about $10. Admittedly I'm not the typical case, as I work from home.
That comes out to a 16.8% annual return, and if you're getting that from "conservative" investments I would like to subscribe to your newsletter:) Assuming a more reasonable 8% average return, which is still pretty good after taxes and inflation, $100 grows to $2172 after 40 years.
It's less than 10% annual return. I was lazy and just took $1200 with a growth rate of 10%, then chopped off a big chunk. At 10% growth it doubles in just over 7 years. In 40 years you'd have just under $64,000. I threw out the 14,000, which was where I got my "conservative" phrasing from. Admittedly, I now think that word doesn't really belong there.
However, my portfolio, despite taking it on the chin today, is up 48% this year. I'm not claiming that's typical, of course, but 10% average is not unreasonable.
Also, it's likely that a 25 year-old today can be a self-sufficient money-earner well beyond 65, making that 50K again rather conservative.
Next to the big ticket items such as our mortgage, the monthly cell bill is the single biggest expenditure in our budget for two people.
That I just don't get. Cell phone usage is very expensive and rarely actually necessary. There's not typically a need for people to be constantly accessible, it's just convenient.
Anybody in their twenties spending large amounts on things like cell phone bills is strangling their older self. When they are reaching retirement that compounded money will likely be rather important to future-old-guy. And he'll be wishing he hadn't made so many stupid phone calls.
I know it doesn't seem like it, but the future does eventually arrive, and one day you will actually be old and less capable of earning new money. You owe it to that version of you to take care of him now.
$100 a month spent as a 25 year-old steals (conservatively) $50,000 from the 65 year-old. Is it worth $50k to make those phone calls?
What if I then start making those cars in China and importing them in the US undercutting the original car maker?
She wasn't selling anything. There are very few people who think it's reasonable to sell copies. Does changing the argument indicate that you don't really have a good argument against casual copying in the face of absurd copyright laws? I note that even in your example the patent on the car would expire in 17 years, while the copyright goes on well past your lifetime.
If they want people to respect the law, make it reasonable. And if they want to sell their music, make that reasonable too. A wise combination of those two things would quickly revitalize the recording industry. Instead they want to squeeze as hard as they can, then cry foul when people squeeze back.
so that people could buy a new iMac and use their old one as a monitor?
You can - there's just an extra step involved. Here's how it works: You sell your old one and use the money to buy a really nice monitor, which you then connect to your new iMac.
Wow - what a bizarre concept! I use a laptop at work/home, since that's what they gave me, but in both places it stays closed and I use a real keyboard/monitor/mouse.
I also use a real keyboard, monitor and mouse. And the laptop screen is a second monitor. Why would I have a perfectly good monitor and leave it closed? That's the bizarre concept, if you ask me.
Are you truly saying you think this person hasn't shared music illegally over p2p?
Be sure to tune into next week's exciting episode, when sheriff Speaker of the Truth rides into town and locks up people who "surely must have done something wrong sometime."
What you wrote above, I can apply to Windows just about as well.
Only if you ignore the part where he wrote that 90% of the time you're done after step one. (I think it's not quite that high, but it's often the case.)
Before the cop noticed the camera: "Do you wanna try me young boy? You wanna try me tonight young boy? You wanna go to jail for some fucking reason I come up with?"
He was conciliatory once he noticed the camera. Then the kid bluffs and says the actual recording is not in the car, and the cop really backed down.
Apple's market share is over 8% now. Those customers are coming from somewhere.
My anecdotal evidence: In the last several years of all my friends who use Windows only one had switched to a Mac, despite me being the "computer guy." And now in just the last couple of months seven more have switched. It's been almost spooky.
One had even recently purchased a computer with Vista installed and got so frustrated that he gave it to his son in law and bought an iMac.
People I know call them variously "USB drive", "USB key", "Key drive", "Pen Drive", "Memory Stick", "USB stick", "USB..um..memory..thing", or "You know, that thing that goes in the USB slot that you keep stuff on". I personally call mine 'Steve' to avoid the confusion.
In a Spanish-speaking office I was trying to guess at the name and called it a palito, which literally means "little stick." It took about two minutes for the laughter to die down, and then I learned that palito is slang for dick.
To the AC GP, in my opinion it was Jobs who had the fortune of meeting Woz, and like most CEO-minded people, he leveraged the assets and people he had around him (Woz), and continues to do so today. So I guess that makes Jobs more of an achiever than Woz in your book.
As amazing as Woz's achievements were, and they truly were, he needed Jobs more than Jobs needed him. Without both of them there would be no Apple, but Jobs would have gone on to find some other venture. He was pretty much guaranteed to be successful. But Woz was happy with simply impressing the members of the Home Brew Club. He'd have never turned his work into a successful company.
(I'm not trying to slight Woz's accomplishments. He did amazing things.)
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(I forgot to reply to this part.)
The original poster said it was one of his biggest expenses and that's what provoked my reply. Of course cell phones are good to have and I wouldn't want to be without one. But I don't use it for casual conversation, and my monthly bill is about $10. Admittedly I'm not the typical case, as I work from home.
It's less than 10% annual return. I was lazy and just took $1200 with a growth rate of 10%, then chopped off a big chunk. At 10% growth it doubles in just over 7 years. In 40 years you'd have just under $64,000. I threw out the 14,000, which was where I got my "conservative" phrasing from. Admittedly, I now think that word doesn't really belong there.
However, my portfolio, despite taking it on the chin today, is up 48% this year. I'm not claiming that's typical, of course, but 10% average is not unreasonable.
Also, it's likely that a 25 year-old today can be a self-sufficient money-earner well beyond 65, making that 50K again rather conservative.
That I just don't get. Cell phone usage is very expensive and rarely actually necessary. There's not typically a need for people to be constantly accessible, it's just convenient.
Anybody in their twenties spending large amounts on things like cell phone bills is strangling their older self. When they are reaching retirement that compounded money will likely be rather important to future-old-guy. And he'll be wishing he hadn't made so many stupid phone calls.
I know it doesn't seem like it, but the future does eventually arrive, and one day you will actually be old and less capable of earning new money. You owe it to that version of you to take care of him now.
$100 a month spent as a 25 year-old steals (conservatively) $50,000 from the 65 year-old. Is it worth $50k to make those phone calls?
I'd call it self-delusional weaseling, but who am I to point fingers? Yeah, it seems like there ought to be some fancy Latin term for that.
He said brood mare, not blood mare. A broodmare is a female horse used for breeding.
How do you know that? What are you basing it on?
She wasn't selling anything. There are very few people who think it's reasonable to sell copies. Does changing the argument indicate that you don't really have a good argument against casual copying in the face of absurd copyright laws? I note that even in your example the patent on the car would expire in 17 years, while the copyright goes on well past your lifetime.
If they want people to respect the law, make it reasonable. And if they want to sell their music, make that reasonable too. A wise combination of those two things would quickly revitalize the recording industry. Instead they want to squeeze as hard as they can, then cry foul when people squeeze back.
The sad part is that If she hadn't done it in all caps she might have gotten away with it.
You can - there's just an extra step involved. Here's how it works: You sell your old one and use the money to buy a really nice monitor, which you then connect to your new iMac.
I also use a real keyboard, monitor and mouse. And the laptop screen is a second monitor. Why would I have a perfectly good monitor and leave it closed? That's the bizarre concept, if you ask me.
A few weeks ago I was in Fry's looking for a laptop stand. I asked a clerk and he said "You mean the kind you put coins in?"
I didn't know how to answer that.
I thought he was just hanging his head in shame, but maybe you're right.
Be sure to tune into next week's exciting episode, when sheriff Speaker of the Truth rides into town and locks up people who "surely must have done something wrong sometime."
Only if you ignore the part where he wrote that 90% of the time you're done after step one. (I think it's not quite that high, but it's often the case.)
Well maybe so, but my face would look like my leg does now if I hadn't been wearing one.
Yup. On most people's home projects list that's the one right after "Get microwave to stop blinking 12:00."
That's what this guy did.
Before the cop noticed the camera: "Do you wanna try me young boy? You wanna try me tonight young boy? You wanna go to jail for some fucking reason I come up with?"
He was conciliatory once he noticed the camera. Then the kid bluffs and says the actual recording is not in the car, and the cop really backed down.
I can't understand why anybody who considered their Mac to be more than just a toy would even think about installing something like APE.
It could be that not everybody meets the minimum requirements for that.
Hey, look at that. Maybe it wasn't such a bad guess after all. Perhaps Palito was regional slang.
My anecdotal evidence: In the last several years of all my friends who use Windows only one had switched to a Mac, despite me being the "computer guy." And now in just the last couple of months seven more have switched. It's been almost spooky.
One had even recently purchased a computer with Vista installed and got so frustrated that he gave it to his son in law and bought an iMac.
In a Spanish-speaking office I was trying to guess at the name and called it a palito, which literally means "little stick." It took about two minutes for the laughter to die down, and then I learned that palito is slang for dick.
I think "proposes" or "assumes" or even "believes in" would be a better choice than "recognizes".
As amazing as Woz's achievements were, and they truly were, he needed Jobs more than Jobs needed him. Without both of them there would be no Apple, but Jobs would have gone on to find some other venture. He was pretty much guaranteed to be successful. But Woz was happy with simply impressing the members of the Home Brew Club. He'd have never turned his work into a successful company.
(I'm not trying to slight Woz's accomplishments. He did amazing things.)
I intended to write the same reply, but saw yours, and you said it better than I would have.