It’s not like these billionaires are spending this money, so it’s just been invested for 7 years. What’s the old adage, Rule of 72? Given a 10% rate of return, they would be expected to double their money in…
…seven years.
While the tax policies certainly aren’t helping the majority of the population, let’s not pretend compound interest isn’t a thing.
Semaglutide is a hell of a drug.
This is nothing new, other than that Chase has brought this capability in-house. Credit card companies have shared purchase information with second parties forever.
Chase Media Solutions follows from the integration of card-linked marketing platform Figg, which JPMorgan Chase & Co. acquired in 2022
Trade deficit has been known to economists as a farce for decades, so no, they are not the only source of growth.
Most GDP of first world countries comes from services, not goods, which are not accounted for in “exports”.
Once again, if a clickbait title asks a question, the answer is “No”. Otherwise, the title would be the much stronger affirmative statement, e.g., “Exports are the only source of growth for countries”.
MMORPGs are an easy example, where people form recognizable identities and communities in game. An extension of this would be Second Life, and somewhat more recently, VRChat.
NB: Alignments are not factions. Two Chaotic aligned characters are not inherently on the same side; they are on their own sides, individually.
Here are two potential ways to play it.
If your Fey is Chaotic Neutral:
You find the two clerics dragging your resident murder hobo in front of a tribunal hilarious, and in fact, might be inclined to help. It would be different if they attempted the same for you; in your mind, the action would be justified if you did it, but for the supposed “good” rogue, they still just killed someone out of convenience. You are allowed to be a hypocrite, they are not.
If you are Chaotic Good:
That rogue still straight up ganked a guy for being an asshole. Even if you think the guy probably deserved it, and maybe could have talked yourself into doing the same, it has nonetheless created a situation where you are inconvenienced. They screwed up big time, and not even that deep down, they know they’ve got a black mark on their soul, but that’s neither your nor the clerics’ problem. The last thing you want to hear are more verbose, moral arguments from the clerics and to be sidetracked from the mission; the rogue can atone later, this nonsense is getting between you and getting paid.
Are you and the rogue chaotic good, or chaotic neutral? It doesn’t seem like you’re clear on this with the rest of your party. Murder (e.g., backstab in the middle of dialogue) is not a “good” action, any way you slice it, even if the spectator is an asshole, evil, or through RP, would have eventually led to combat resulting in death anyways. If you were playing true chaotic, it’s understandable, but it doesn’t sound like that is what was made clear.
And if you’re trying to force an alignment shift, consider that you may be ruining the enjoyment of everyone else at the table; if I’m playing a lawful good cleric, I’m not sure my character would party with a true chaotic fey, which would essentially end the campaign.
To be pedantic, the revenue they’re generating in their current vehicle doesn’t cover the operating costs for a flight, plus the costs of their existing tech debt.
Presumably this is the primary reason for upping to six passenger seats— maintaining roughly the same operational costs while increasing revenue by 50%, all while tactically lowering refurbishment costs due to design improvements in the delta vehicle.
If they didn’t have a viable path to profitability, their share price would have already completely collapsed. As of now, while the current price is pessimistic due to the massive delays, FAA and NTSB investigations, and overall concerns with safety culture in the broader aerospace market, they at least have a plan to achieve profitability within the next three years.
Most likely this is referring to Neutron and Starship. There is absolutely no way we could recover a Falcon 9 second stage without massive weight increases, and essentially a total redesign. If they were working on achieving reusability on Falcon, there is zero chance Elon would have the ability to keep it under wraps.
Compound interest is magic. If you have any excess income to spare, max out your 401k.
Assuming a 7% average rate of return, if you contribute the maximum amount (using 20k for easy math), you will conservatively reach $1M in 22 years, and the real magic number of $2M in just over 30.
The sooner you start emphasizing saving, the sooner that clock starts ticking down. So if you’re able to start by 30, you have a shot at a high quality of life in retirement at 60, regardless of the continued existence of social security.
Unfortunately, most of the country can’t, and most are not even achieving the full company match (assuming they even offer one, usually something like 50 cents to the dollar for up to 6% of your salary, or 3600/year on average). At the average income and rate, one would only have $350k after that same 30 years, or $700k if fully vested with your company match.
For most people, this will not be enough to retire.
From my understanding, the impetus was that F5 submitted a CVE for a vulnerability, for an optional, “beta” feature that can be enabled. Dounin did not think a CVE should be submitted, since he did not considered it to be “production” feature.
That said, the vulnerability is in shipping code, regardless of whether it is optional or not, so per industry coding practices, it should either be patched or removed entirely in order to resolve the issue.
And guess what those business have? Valuations. Stock price is just an aggregate indicator of the valuation for a company, for the given percentage of shares that are publicly traded. But private companies have valuations, too, and even if they’re not tied to a public stock offering, those valuations are used to form these Billionaire lists.
Same thing with real estate. The value of any asset is based on what someone is willing to pay. Sometimes, you’ll find some crazy billionaire or investment firm who grossly overvalues an asset relative to their peers, and that insane overvaluation does get rolled into those lists.
But such is the nature of economics. You’ve neither gained nor lost value until someone pays you. Until then, it’s anyone’s guess.