In India. US number is 35%, here are some numbers for Europe: https://i.redd.it/d8udyq9edyhc1.png

Average in the US for a 2 bedroom is $1317 per statista.

Triple that for a monthly income = $3951

x12 for annual = $47,412

/2080 for hourly full time = $22.79/hr

A 1 bedroom (or 2br with a $200/mo UBI) at $1100ish brings the minimum to $19ish.

A 2 bedroom but working 60hrs/week or using 50% of income on rent instead of 33% is around $15/hr.

Just trying to play around with the numbers to see what a real political proposal might look like. Feels great to meme a declaration, people start disagreeing when you start putting numbers to it.

Assuming legally married or sufficient confidence to not have a break-up be a risk factor here. Gotta say that part.

To me, 4.5% and 5% (taxed) is not sufficiently different to be worth the mind space. If the world was perfect, you should do the CD thing. In real life, there could be a glitch or a mistake of timing that causes an issue with payment of a loan or an auto draft or something, you have to think about it and make sure it’s still paying and your CD is re-upping at a high enough interest rate etc. Not worth it in the slightest to me.

You have control by default. If you hire a financial advisor to manage your funds, you’re giving them control but you can tell them not to sell ever and they will do what you say.

I usually wait until Feb to be sure I got all my forms but I wouldn’t think now is that early.

You can put fake meetings on your calendar and say “oh, gotta get to my 2:30”.

Say you have $7000 day 1. Option 1 is to invest it all immediately. Option 2 is to invest only a portion and just keep the rest in cash until you invest later.

In the long run, the invested side always does better than the cash side, interest rates on a savings account by definition never match the long run gains in the stock market. You get a premium for your money in the stock market because it can go negative in the short term.

There is a reason to do Option 2, if you’re saving for a house or a car or something you probably don’t want to risk the market going down right before you want to make that purchase. Or if you are very sensitive to losses and you would he anxious or devastated if you put the money in and saw the value drop.

But for retirement funds, you want to maximize long term gains so it makes the most sense to put it in Day 1.

It’s not for doing nothing, it’s for doing things he already did. He got the stock as part of his compensation plan at Microsoft.

And a dividend of $0.75 per share is 0.2% interest at the current share price, he could get more in a savings account and 20x that in a CD or something. The dividend isn’t crazy high. He just had a shitload of their stock.

Executive compensation as a whole is a story, but Steve Ballmer is not doing anything particularly noteworthy.

“Have more kids to save the culture” seems 100% at odds with saving the planet, as does expending 51 tons of CO2 to make the statement.

If everyone lived like Elon the planet would be ruined and the only hope would be colonizing Mars…but there’s no way to get everyone off the planet, especially if we have 11 kids each.

I just don’t see a coherent ideology except “save the planet long enough for me to off it.”

This is extremely common, the purpose is to prevent or at least identify racist hiring practices. How else are they supposed to know? They get an idea of who is applying, and an idea of who gets hired, and they can look at population statistics, and thus tell whether a disproportionate amount of certain minority groups are being rejected by a certain manager or the company as a whole.

Or alternatively you can tell if a job posting disproportionately has applicants of a certain demographic, so maybe white men tend to be hired in that job but it’s because the applicant pool is 95% white men. That would show that it’s not necessarily the hiring managers with the issue but either the HR outreach or the job itself has requirements disproportionately held by white men, and you can decide if that means you need to change something or that’s just something you need to live with for this role.

It’s allowed as long as it is only used for these purposes.

I had a job for a really long time with no raise, finally quit a few months before my job became minimum wage.

Trump appeared on Epstein’s flight logs at least 7 times confirmed in a court of law it’s not even conjecture to say he is on there.

There is literally no evidence or reason to believe Biden is on the list.

But BoTh sIdEs

Let’s check in on what was going on 100 years ago, see if weekends are doing any good…

Oh yeah https://en.wikipedia.org/wiki/Revolutions_of_1917–1923

My first big corporate job had internal salary ranges posted for when you’re looking at a new job within the same company, and I had to reckon with this as a new employee. I’d see basically my job posted with my salary on the far low end of the possible range and when I discussed it with folks I learned that the posted median salary is the median for everybody in that job, including people with 10 years of experience etc. So even if I’m impressing as a kid fresh out of college, the median isn’t the right metric to judge myself against.

It’s crazy that these non union auto makers are giving their employees a raise of less than half of the union raise and we’re all sitting here not mentioning that the raises themselves are a great reason to unionize.

Sure, “Hey you wouldn’t have gotten that raise without the union raise” might be true but “Hey you would be making more money if you were unionized” seems a heck if a lot more persuasive to me.