1) Social Security money has a negative rate of return. 2) Social Security money is not put into a bank where you get to draw from in the future. The money you pay in now is used now. It does not even have to be used for health-care. 3) If you've ever seen a couple try to live on Social Security, you'd be mad about #1 and #2. 4) $100/mo from 18-65 in the S&P 500 is about million dollars, which would give easily 80,000 a year withdrawal without hurting the principle, or 6600/month to live on. The highest social security comes out to about 20,000 a year, or 1600/month. Social Security hurts those it is supposed to help.
The difference between the wealthy, the middle class, and the poor lies in their behavior patterns around money, much like the difference in the obese, the overweight, and the normal weight lies in their behavior patterns around food and exercise.
It is easy to understand how to become wealthy. It is hard to do - because you have to have decades of discipline.
Everyone is saying how it is a bad idea, but what if it was used as a second on-site decentralized backup.
I.E. you have your enterprise level on-site database, perhaps one backed up remotely, and then a third backup that is locally decentralized.
I.E., at night when everyone is gone, the database is backed up remotely as well as the local decentralized system. This would give your data an extra level of protection in case a fire hit the server room but was contained before hitting the cubicals, and you could rapidly restore your data from your distributed on-site database backup.
Setting up something like that would make version control much easier and eliminate problems with access during the day, while giving you an extra measure of data security without much extra cost.
Investing with federally insured loans is illegal.
Your parents basement is better than the federal pen.
If you learn how to budget and live beneath your means, then you will not live with your parents unless you are just afraid of work.
Loans represent risk. Unmanaged money leaves.
99% of people in your situation blow the money they didn't need and then end up paying back the student loan over 20 years. Oh, and Student Loan rates are now 7%. It's too late to consolidate at the 4.whatever rate that was the second lowest in history back in June.
Go read the Millionaire next door. Millionaires don't borrow money. The middle class borrows money.
You borrowed money to invest. Think about that for a minute.
Then you borrowed money to invest and you don't even know how to invest. Think about that for another minute.
Give the money back to the bank, pay your stupid tax, and go to DaveRamsey.com and get My Total Money Makeover and learn how to use money.
Or, continue to be financially brainless and wander around borrowing money for no good reason and wonder why you retire broke and bitch about Social Insecurity.
Actually, if your debit card is used through the credit-card system - I.E. the Visa or Mastercard system, then you have the same protections as a credit card for unauthorized charges. So, if you sign instead of using a pin, it is exactly like a credit card to the company issuing it, and is exactly like a credit card for you and your rights.
Well, the users of the road pay for the electricity.
If it is placed low enough on the ramp it will be more "free" energy because the cars would need to be slowing anyway, so a small hit there would not be noticed at all by a driver. If anything, if it was at the bottom of the ramp, it would help save the driver some brakepad.
Slashdot Mirror
The Other Other Other White Meat.
Er, /s/health-care Social Security Checks
1) Social Security money has a negative rate of return.
2) Social Security money is not put into a bank where you get to draw from in the future. The money you pay in now is used now. It does not even have to be used for health-care.
3) If you've ever seen a couple try to live on Social Security, you'd be mad about #1 and #2.
4) $100/mo from 18-65 in the S&P 500 is about million dollars, which would give easily 80,000 a year withdrawal without hurting the principle, or 6600/month to live on. The highest social security comes out to about 20,000 a year, or 1600/month. Social Security hurts those it is supposed to help.
Wealth is not finite. There is more wealth in the world right now than there was 500 years ago. Wealth is a concept.
The difference between the wealthy, the middle class, and the poor lies in their behavior patterns around money, much like the difference in the obese, the overweight, and the normal weight lies in their behavior patterns around food and exercise.
It is easy to understand how to become wealthy. It is hard to do - because you have to have decades of discipline.
Who is watching the children while the rest of the world goes to work?
There is a reason school starts before work.
Everyone is saying how it is a bad idea, but what if it was used as a second on-site decentralized backup.
I.E. you have your enterprise level on-site database, perhaps one backed up remotely, and then a third backup that is locally decentralized.
I.E., at night when everyone is gone, the database is backed up remotely as well as the local decentralized system. This would give your data an extra level of protection in case a fire hit the server room but was contained before hitting the cubicals, and you could rapidly restore your data from your distributed on-site database backup.
Setting up something like that would make version control much easier and eliminate problems with access during the day, while giving you an extra measure of data security without much extra cost.
Power Surge, baby. Power surge.
In the US alone, 6 billion (yes, a b) credit card offers are sent out every year.
I don't think Apple can lock down a serious buyer based upon credit card numbers, because they're so easy to get.
I'm still trying to get ET out of the hole, you insensitive clod!
It's Crapcastic!!!
"This note is legal tender for all debts public and private."
Very simple compared to the 15 page credit card contract for the consumer and the headaches for the retailer.
Henry David Thoreau said it best, "Simplify".
So, let me get this straight...
You went bankrupt because of debt, and the first thing you do when you get out of bankruptcy is go get a car loan?
Seems like someone hasn't learned their lesson.
In America, Disney owns the government. In Soviet China, the government owns Disney!!!
Or something like that.
Elements from Nature. Check.
Basic Nuclear Physics. Check.
Water. Check.
What's not to like? Uranium is all-natural.
Investing with federally insured loans is illegal.
Your parents basement is better than the federal pen.
If you learn how to budget and live beneath your means, then you will not live with your parents unless you are just afraid of work.
Loans represent risk. Unmanaged money leaves.
99% of people in your situation blow the money they didn't need and then end up paying back the student loan over 20 years. Oh, and Student Loan rates are now 7%. It's too late to consolidate at the 4.whatever rate that was the second lowest in history back in June.
Go read the Millionaire next door. Millionaires don't borrow money. The middle class borrows money.
You borrowed money to invest. Think about that for a minute.
Then you borrowed money to invest and you don't even know how to invest. Think about that for another minute.
Give the money back to the bank, pay your stupid tax, and go to DaveRamsey.com and get My Total Money Makeover and learn how to use money.
Or, continue to be financially brainless and wander around borrowing money for no good reason and wonder why you retire broke and bitch about Social Insecurity.
I recently ran across jashaka which is also cross-platform.
We've Got Blank Stares(tm).
Actually, if your debit card is used through the credit-card system - I.E. the Visa or Mastercard system, then you have the same protections as a credit card for unauthorized charges. So, if you sign instead of using a pin, it is exactly like a credit card to the company issuing it, and is exactly like a credit card for you and your rights.
www.daveramsey.com
Cash is King.
Those of you who follow his advice will be called millionaires.
Well, the users of the road pay for the electricity.
If it is placed low enough on the ramp it will be more "free" energy because the cars would need to be slowing anyway, so a small hit there would not be noticed at all by a driver. If anything, if it was at the bottom of the ramp, it would help save the driver some brakepad.
If you are reconstructing lyrics from listening to a song that they broadcast over public airwaves, what is illegal about me documenting what I heard?
And the only prescription is MORE COWBELL!!!
Mother
Tell your children not to walk my way
Tell your children not to hear my words
What they mean
What they say
Mother
Mother
Can you keep them in the dark for life
Can you hide them from the waiting world
Oh mother
Father
Gonna take you daughter out tonight
Gonna show her my world
Oh father
Not about to see your light
But if you wanna find hell with me
I can show you what it's like
Till your bleeding
Not about to see your light
And if you wanna find hell with me
I can show you what it's
Mother
Tell your children not to hold my hand
Tell your children not to undesrstand
Oh mother
Father
Do you wanna bang heads with me
Do you wanna feel evrything
Oh father
Not about to see your light
And if you wanna find hell with me
I can show you what it's like
Till your bleeding
Not about to see your light
And if you wanna find hell with me
I can show you what it's
Yea
Not about to see your light
But if you wanna find hell with me
I can show you what it's like
Till your bleeding
Not about to see your light
And if you wanna find hell with me
I can show you what it's like
Mother
Yea
Oops. Missed the "t".
Dantzig.