From: fedora@fea.st
On Wed, 18 Feb 2026 21:47:36 -0800, Dude wrote:
>On 2/18/2026 9:10 PM, Noah Sombrero wrote:
>> On Wed, 18 Feb 2026 18:37:32 -0800, Dude wrote:
>>
>>> On 2/18/2026 5:26 PM, Noah Sombrero wrote:
>>>> On Wed, 18 Feb 2026 16:10:33 -0800, Dude wrote:
>>>>
>>>>> On 2/18/2026 3:02 PM, Noah Sombrero wrote:
>>>>>> On Wed, 18 Feb 2026 13:43:45 -0800, Dude wrote:
>>>>>>
>>>>>>> If you had recognized Apple's potential 30 years ago and invested
>>>>>>> $10,000 in its stock, you'd be a multimillionaire today with about $6.9
>>>>>>> million, if you'd reinvested dividends.
>>>>>>
>>>>>> Total incitement to fantasy. The invitation is to imagine that apple
>>>>>> performance will be something like that in the next 30 years. 30
>>>>>> years ago you could have bought it at the bottom of its curve. Now
>>>>>> your task is to do whatever is necessary to resist the temptation to
>>>>>> buy at the top of its curve. Grit your teeth and stamp if necessary.
>>>>>>
>>>>>> The other invitation is to imagine that there is now some stock at the
>>>>>> bottom of such a 30 year curve. Sit in a dark corner and confess to
>>>>>> yourself that you have no idea which stock that is, if any. And how
>>>>>> old are you now? Something like me? No, you do not need to make a 30
>>>>>> year bet. You should have done that 50 years ago, if you had a
>>>>>> message from god telling you all about apple.
>>>>>>
>>>>>> 10 thou in 1955 would be worth about 21 thou now. If you had 21,000
>>>>>> now should you invest it in some wild hair up your ass chance? No,
>>>>>> no. Tie your hands behind your back. Don't let yourself do it.
>>>>>>
>>>>> The moral of the story is, if you have any cash, you should invest it,
>>>>> so it increases in value. Don't just let it sit in the bank where it
>>>>> loses value. Basic micro-economics. We studied this in school.
>>>>
>>>> The illusion is that it will increase in value. The truth is that
>>>> most people who invest in the market loose money.
>>>>
>>> Most people don't invest in the stock market. The key word is: interest.
>>
>> 4% is a pittance. Most people don't invest in the stock market but
>> the most of the ones who do loose money.
>>
>Key word: safe
Right.
>Most banks offer high-yield investment savings accounts. As long as your
>bank is FDIC-insured, your money is safe.
>
>As of Jan. 28, 2026, Digital Federal Credit Union offers 5.00% APY on
>the first $1,000 deposited.
5% on the first $1000. Not on $100000. 5% of $1000 is $50.
>$100,000 invested at a 5% annual compound interest rate for 30 years
>will earn approximately $332,194 in interest, resulting in a total
>future value of roughly $432,194.
I'll let you know if I live to be 110. 332000/30=11000 per year.
Still a pittance. If I had 332000 right now, I would keep it and live
comfortably for the duration. Not that I need a lot of comfort.
>>>
>>> US Series I Savings Bonds: 4.03% annual interest rate. Bonds can be
>>> cashed after 1 year. Bonds earn interest for 30 years.
>>>
>>> For Series I bonds, the fixed rate stays the same for the 30-year life
>>> of the bond. Series EE bonds are guaranteed to at least double in value
>>> if held for 20 years
>>>>
>>>
>>>>>>>
>>>>>>> How much does it cost to buy Apple stock today?
>>>>>>>
>>>>>>> Apple Inc. Stock Quote (U.S.: Nasdaq - MarketWatch $ 264.40
--
Noah Sombrero mustachioed villain
Don't get political with me young man
or I'll tie you to a railroad track and
<<>> to <<>>
Who dares to talk to El Sombrero?
dares: Ned
does not dare: Julian shrinks in horror and warns others away
--- SoupGate-Win32 v1.05
* Origin: you cannot sedate... all the things you hate (1:229/2)
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