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010a
3408 days ago
This isn't true on the span of a single year due to market volatility.
3 comments
Zombieball
3408 days ago
I think sidlls is really pointing out the present/future value of money calcations. It's 100% accurate if you invested in a flat rate, guaranteed interest, investment.
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sidlls
3408 days ago
The $5k bump has to be figured over more than one year, unless of course it's an instant raise.
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rexreed
3408 days ago
I'm assuming the commenter is referring to interest on savings. Which of course is quite laughable these days.
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vram22
3408 days ago
Why is it so low? I think I read it happened after the 2008 recession, but why so low, and still? seems extra unusual.
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rexreed
3407 days ago
Quantitative Easing and the US Fiscal policy. Look it up.
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vram22
3407 days ago
Thanks.
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