The rule of thumb is lower - 100 months rent maximum (and lower in times of high interest rates).
Says who? Neither prices or interest rates are static so there are no hard and fast rules. The general goal of investing is to earn more then the market average, and that average is always tied to Interest rates since a bank will offer you a percentage of that for cash. That is why investing takes effort, you have to stay aware of movements in the market rather than stick to formulas.
I grew up in the 70's and 80's when every young bloke got his first car they put a bigger or modified engine in it, without upgrading anything else. Back then the road toll was over double what it is now. The funny part is that your standard Toyota has more power than the V8's of old, but now we have great tyre tech, ABS, modern suspension, crumple zones, compulsory seat belts, and better roads.
Well, somebody needs to play Devil's Advocate here, so I will. What if onboard vehicle computers truthfully are (or soon will become) so complicated - and so integral to the functioning of the vehicle - that an untrained hobbyist screwing with it could cause injury or death?
1. How
2. That already happens
3. How do we prevent car companies form killing us with dodgy firmware upgrades?
4. Do you want to live in a world where this is the case?
I don't care about cars either, but seriously, it's just a fucking car. If it's too complicated to modify then you're doing it wrong. This is why I'll always stick to riding custom bikes.
There are a lot of things 99.9% of people don't care about. If that's your justification...
Me personally, I'd love my end-to-end connectivity back.
Why?
I'm an ex-Network Engineer. NAT served me fine for years and still does the job. IPv6 involves effort for no real reward, it can die in the ditch for all I care.
Appeals and security are all part of trial and incarceration costs. For re-offending, people do get sometimes get out of life sentences, even if you choose not to believe it. They are also able to offend while in prison against other inmates, guards and regular people via comms with the outside world (see any mafia story for details how this works). In same cases they continue to taunt their victim's family's from inside. All avoidable with a bullet to the head now.
A real world example for you. Chancey Luna shot and killed an innocent bystander in cold blood purely for laughs. He was convicted and sentence to life. In my country it costs $100k/year to keep someone in jail. For an 18 year old like Chancey, assuming he lives to the average age of 80 then were looking at $6Mil. Take inflation into account and that will easily turn into 20 or 30 Mil in 2072 dollars. Execute him now and you'll get out for under $1Mil in 2015 dollars.
The only reason a life sentence is cheaper is if your legal system extremely inefficient. I'd love to see the same calculations based on Indonesia or Singapore where they are little more efficient at this game.
I'm fine with that, it just seems extremely high average, so can't figure out how you could even use that much. 50MWh per person per year is a fucking immense amount of electricity. My house uses 6000kwh per year, for 4 people. Even if you were getting electricity for free, from a perpetual motion machine, how do you find something to use that much on?
Rural people either don't rely on the Internet as such as urban folk, or they have portable HDDs and friends in the city. An optical disc with one single movie on it seems extremely antiquated and inefficient these days.
The difference between Europe and America:
* In America 100 years is considered a long time
I hear this shit all the time from Europeans. Oh your country is only 200 years old. Fucking racist, we had people here 30,000 years ago, just because they're a different colour doesn't mean it's less relevant.
And ultimately we're all 2000th generation African, so we all share a common history. It's not like humans in this part of the world just popped out of thin air 200 years ago. Your 5000 year old relics are equally my 5000 year old relics, since their connection to either you or I is so equally distant.
Those are interesting figures. Germans use a bit more than half of Americans, but Iceland uses 5 times (!) as much as an average American. What the hell are they doing over there, cranking up the electric heater and leaving the doors open?
How about let's just go with the simple idea that killing is wrong and strive to avoid it whenever possible?
Because most people disagree with this. You kill bacteria, and insects, maybe even small mammals, and are responsible for the deaths of many large ones through your choice of appetite, clothes or furniture.
Killing is not wrong, killing is right when applied correctly. The only argument is to define the boundary between correct or not.
I had a quick read but couldn't find anywhere where it concluded it was cheaper. Trials were cheaper, and incarceration costs cheaper, I accept that, but I couldn't see the most important part where a quick execution means decades fewer incarceration costs? I also missed the part where the person by remaining alive re-offends. What is the cost of that? (not all lifers stay inside for life)
I agree we need to improve the standard for getting it right, although this seems to be a problem with the US judicial system than anywhere else.
Anesthesia has to be applied an anesthetist, ie a professionally trained medical practitioner ethically bound to save lives.
The Gas Chamber, Electric Chair, Firing squad etc can all be performed by a regular run of the mill prison guard with no such ethics.
I don't think so. It will never be perfect, but the balance is pretty good right now. Sure there is still govt corruption, and media still biased, but the fact that we can each insult our national leaders in a public forum without fear of reprisal is a win in my book. Historically, not a lot humans ever had that freedom.
Yes of course, that explains why the US has the lowest murder rate in the OECD. Oh wait... let's add the education system to the list of things the US fails miserably at.
The rule of thumb is lower - 100 months rent maximum (and lower in times of high interest rates).
Says who? Neither prices or interest rates are static so there are no hard and fast rules. The general goal of investing is to earn more then the market average, and that average is always tied to Interest rates since a bank will offer you a percentage of that for cash. That is why investing takes effort, you have to stay aware of movements in the market rather than stick to formulas.
that is 1.4 million a year. Not a bad ROI.
So for an outlay of $200M that's 0.7% return. In investment circles that is considered shit-house.
Me too.
Not all
BAHAHAHAHAHAHAHAHAHA
Do people still say this? I thought this was a 90's thing?
I grew up in the 70's and 80's when every young bloke got his first car they put a bigger or modified engine in it, without upgrading anything else. Back then the road toll was over double what it is now. The funny part is that your standard Toyota has more power than the V8's of old, but now we have great tyre tech, ABS, modern suspension, crumple zones, compulsory seat belts, and better roads.
Well, somebody needs to play Devil's Advocate here, so I will. What if onboard vehicle computers truthfully are (or soon will become) so complicated - and so integral to the functioning of the vehicle - that an untrained hobbyist screwing with it could cause injury or death?
1. How 2. That already happens 3. How do we prevent car companies form killing us with dodgy firmware upgrades? 4. Do you want to live in a world where this is the case? I don't care about cars either, but seriously, it's just a fucking car. If it's too complicated to modify then you're doing it wrong. This is why I'll always stick to riding custom bikes.
the 0.0001% of Nerd Customers ought not to stand for inability to run servers.
FTFY.
For those 0.0001%, there is AWS.
And 99.9% of people don't care.
There are a lot of things 99.9% of people don't care about. If that's your justification...
Me personally, I'd love my end-to-end connectivity back.
Why? I'm an ex-Network Engineer. NAT served me fine for years and still does the job. IPv6 involves effort for no real reward, it can die in the ditch for all I care.
That's fine, but give the user the choice. Google used to have a toggle for local or global, now I'm forced into local only.
Appeals and security are all part of trial and incarceration costs. For re-offending, people do get sometimes get out of life sentences, even if you choose not to believe it. They are also able to offend while in prison against other inmates, guards and regular people via comms with the outside world (see any mafia story for details how this works). In same cases they continue to taunt their victim's family's from inside. All avoidable with a bullet to the head now.
A real world example for you. Chancey Luna shot and killed an innocent bystander in cold blood purely for laughs. He was convicted and sentence to life. In my country it costs $100k/year to keep someone in jail. For an 18 year old like Chancey, assuming he lives to the average age of 80 then were looking at $6Mil. Take inflation into account and that will easily turn into 20 or 30 Mil in 2072 dollars. Execute him now and you'll get out for under $1Mil in 2015 dollars.
The only reason a life sentence is cheaper is if your legal system extremely inefficient. I'd love to see the same calculations based on Indonesia or Singapore where they are little more efficient at this game.
I'm fine with that, it just seems extremely high average, so can't figure out how you could even use that much. 50MWh per person per year is a fucking immense amount of electricity. My house uses 6000kwh per year, for 4 people. Even if you were getting electricity for free, from a perpetual motion machine, how do you find something to use that much on?
Rural people either don't rely on the Internet as such as urban folk, or they have portable HDDs and friends in the city. An optical disc with one single movie on it seems extremely antiquated and inefficient these days.
The difference between Europe and America: * In America 100 years is considered a long time
I hear this shit all the time from Europeans. Oh your country is only 200 years old. Fucking racist, we had people here 30,000 years ago, just because they're a different colour doesn't mean it's less relevant.
And ultimately we're all 2000th generation African, so we all share a common history. It's not like humans in this part of the world just popped out of thin air 200 years ago. Your 5000 year old relics are equally my 5000 year old relics, since their connection to either you or I is so equally distant.
in which case they are only security by obscurity - aka useless against a real threat.
Security by obscurity does actually work a lot of the time. Just because it is not always effectively doesn't mean it's never effective.
But your average American is fatter and will die earlier, so it works about the same overall :)
How about let's just go with the simple idea that killing is wrong and strive to avoid it whenever possible?
Because most people disagree with this. You kill bacteria, and insects, maybe even small mammals, and are responsible for the deaths of many large ones through your choice of appetite, clothes or furniture. Killing is not wrong, killing is right when applied correctly. The only argument is to define the boundary between correct or not.
Put them in jail instead.
It's cheaper
I had a quick read but couldn't find anywhere where it concluded it was cheaper. Trials were cheaper, and incarceration costs cheaper, I accept that, but I couldn't see the most important part where a quick execution means decades fewer incarceration costs? I also missed the part where the person by remaining alive re-offends. What is the cost of that? (not all lifers stay inside for life)
I agree we need to improve the standard for getting it right, although this seems to be a problem with the US judicial system than anywhere else.
It'd be a pretty surreal 5-7 seconds though
That's at least half the population of the known universe, so wouldn't it be more accurate so say that capital punishment is usual?
Anesthesia has to be applied an anesthetist, ie a professionally trained medical practitioner ethically bound to save lives. The Gas Chamber, Electric Chair, Firing squad etc can all be performed by a regular run of the mill prison guard with no such ethics.
If you want gritty realism, join the actual army.
I don't think so. It will never be perfect, but the balance is pretty good right now. Sure there is still govt corruption, and media still biased, but the fact that we can each insult our national leaders in a public forum without fear of reprisal is a win in my book. Historically, not a lot humans ever had that freedom.
Yes of course, that explains why the US has the lowest murder rate in the OECD. Oh wait... let's add the education system to the list of things the US fails miserably at.