ps- einstein is quoted as saying that the most powerful force in the universe is compound interest.

considering than the fucker was a mathematical genius (white supremacist arguments notwithstanding), i think you should learn a bit about it.

i think you should let me live my life and stop annoying the piss out of me.

you're young enough that you could invest at a very low risk (say, bonds) and still grow yourself a little fortune.

there is always risk-- if you were to stuff your money under the mattress, your money would lose its value to inflation.

the trick is to always save more than you spend so that your money grows exponentially. eventually, you can simply live off the cash flow the interest generates. but if you eat your principal, you'll end up like those fuckers who win the lottery only to find themselves back in the trailer park a year later, buried in a pile of "collectible nascar plates".

walmart is where the old farts who didn't save go retire.

you wanna censor me?

im free to say whatever the fuck i want.

there's a ignore function, etc?

--
ps- you can't make me. :P

haha i had a laugh at that

i save more money than i spend. i don't spend that much money. i haven't gone on a REAL holiday that i paid for (last time i left the country was for a funeral) since i went to mexico three years ago which cost me a whopping $500.

i'll call the government on you.

it's really too bad because when you're not telling me what to do i quite like you.

saving doesnt mean "spending less"

it means accumulating money.

it's a sweet, sweet thing.

capitalism at its best.

ha ha-- i appreciate that. but im not one of those people who needs to be liked. honest.

nor do i. hate me. i'll be the one getting the last laugh.


ps, i've got money in interest bearing accounts.
i'm not retarded.

that depends on the success of your experiments with respiratory failure.

and no i dont hate you tithead. what have you done to deserve my hate? jeezus...


interest bearing accounts are good as long as you don't eat the principal.

it's not retardation, it's ignorance-- people inherit money habits from all the wrong places.

if you think "it will keep you alive for a while" it means that it's going to eventually run out.

the idea is to make your money infinite and everlasting. can you picture that?

that concept seems utterly ridiculous and unattainable if you'd like to know


also i don't appreciate constantly being told i'm ignorant

why? we're all ignorant. we know very very little of all there is to know.

suck it up-- it's the horrible truth.

no one wants to be reminded of it.

weakling.

asshole.

and proud of it.

because it's more ANNOYING than anything, i forgot to add.

so let's say that you could live freely for $40K/year. no job, no meetings, no sucking up to the boss or dealing with assholes. it's not a fortune either but people who are free don't need a lot of money to buy happiness.

what would you need to get that?

get $400K in an account that generates 10% a year and you have $40K for the rest of your life.

how do you get $400K?

cake

clever actually. too bad i thought of that already.

sure. you invented the egg salad sandwich also.

actually, nefeli seems to know a shitload about finance-- i'd ask her for pointers. i know very little about this shit.

anyway, enjoy the reading.

my work here is done-- mhuahahahahahahahaaa.

did i not already tell you i've got my money in an interest bearing account?
i just didn't say how MUCH money is in there or how much interest it generates because that would be unseemly.

and no i'm not going to read that shit.