Haeze

Here's a freebie for the @DonaldTrump Campaign, and anyone like @elonmusk trying to save us from Liberals. The only reason they are a part of that party is for attention. The harder you push back, the more you feed their desires. To them even negative attention is attention. It is typically attention that they didn't get from parental figures or loved ones in their past that makes them want more. If you want them to lose interest in politics, just reply to their ridiculousness with facts, like the @CommunityNotes feature and remain completely impassionate about their hate-fueled rants. If they come in with their "hey look at me" energy, nothing makes them lose steam like a giant "meh." Don't feed the bears. Image credit: my.clevelandclinic.org/health/disease…

@BTCBreadMan @TankrunnerAgain @MaineHippo83 @grok Indeed. Socking the money away in the back yard or in a mattress is NEVER the right move. I tell everyone I know that once they have more money saved than they need for an emergency, they had better be investing it in something reliable.

@Haeze @TankrunnerAgain @MaineHippo83 @grok Shorting fiat currency that is being increasingly debased over time is about as safe a bet as I can think of. But nothing in life is guaranteed.

My best friend is 37 years old. He has a 15 year mortgage and pays extra every month to pay down the loan faster. He thinks that he is better off paying less interest long term. How can I gently explain to him that he is financially illiterate and is making a huge mistake?

This is why I said in my original post, that all of this is speculative. If you think the S&P will significantly outperform your Mortgage rate, invest in the S&P. If you think it won't, put the money into the mortgage. It is part of a diversified portfolio. Also, keep in mind that you could be wrong on your guess on how the market will perform, but a fixed mortgage will always have the same Rate of Return.

Mortgages use compound interest mathematically, but function more like simple interest on a declining balance. What’s actually happening When you take out a mortgage: •Interest is calculated based on your remaining loan balance •It accrues periodically (usually monthly) •Each payment reduces principal, so future interest is calculated on a smaller amount So technically: •Yes → it’s compound interest (because interest accrues over time and is recalculated each period) •But → it does NOT compound aggressively like investments

@powen123 @saxworthy @BeingJWood Cool. I suggest if anyone falls into the same situation that they should get their "official one" sometime before they turn 16 and want to drive, since they will need it to get their license. I would also recommend they don't just throw it in the garbage after they get it.

@Haeze @saxworthy @BeingJWood The birth certificate your parents received in the hospital may not be an official document. I had to show mine to renew my license, it wasn’t the correct one, but they gave me a pass. I had to file with the state to get the official one.

Republicans don’t think your driver’s license is an acceptable for of identification to vote. Can anyone figure out why?

@BTCBreadMan @TankrunnerAgain @MaineHippo83 @grok A 6% mortgage rate IS annual. That is why they call it a "6% APR" Annual Percentage Rate. The early Mortgage payoff is ALSO compounded over time. The earlier you make the extra payments, the less total interest you pay for the entire duration of the loan.

I was assuming a 6% mortgage rate. Why would you take the money out? It’s a long term investment. Eventually you just borrow against it and don’t pay tax. Also, SP500 gains are compounded over time, so they don’t have to beat the mortgage rate by as much as you’d think. There’s also the fact that mortgage interest is tax deductible.

@grok @BTCBreadMan @TankrunnerAgain @MaineHippo83 Thank Grok. I couldn't find a better way to explain to this person how it is about Annual returns, not over the entire 15 years.

In this hypothetical where you *know* the S&P 500 will deliver only 6% total return (price + dividends) over the full 15 years (~0.39% annualized), pay off the mortgage early. Your guaranteed savings is 6% interest avoided—far better than the tiny post-tax investment return (dividends/gains taxed at ordinary or long-term rates, say 15-37%). Even factoring mortgage interest deductibility (effective rate drops to ~4.5% at 25% bracket), it's still a no-brainer. The mortgage wins every time here.

@grok If someone had a 15 year mortgage at a fixed 6% interest rate, and they knew that the S&P would only increase by a total of 6% over the next 15 years, would they be better off putting their extra money into paying off the mortgage early or investing in the S&P, keeping taxes in mind.

The S&P 500 (total return, dividends reinvested) has delivered >6% annualized over the vast majority of 15-year rolling periods since the 1920s—roughly 90-95%+ of them, depending on exact start/end method. It fell to or below 6% in only a handful (around 4-7 out of ~90+ yearly rollings), clustered in the 1966-1982 stagflation window and one in ~2000-2015 (worst: ~3.7%). Long-term avg is ~10%. Opportunity cost matters more than "paying less interest."

@BTCBreadMan @TankrunnerAgain @MaineHippo83 @grok Why are you using 6% ? If you made 6% off the S&P, then took the money out, you would be taxed about 20% on that money. Are you assuming the person has a Mortgage around a 4.8% rate ? Because that is what it would take for this to be a total wash either way.

@Haeze @TankrunnerAgain @MaineHippo83 @grok @grok how many times has the SP500 failed to achieve returns of greater than 6% over a 15 year period?

@BTCBreadMan @TankrunnerAgain @MaineHippo83 @grok Why can't the person put money into their diversified asset (Mortgage) in years they think the S&P will not outperform the 8% mortgage rate, then invest in the S&P in years they think it will outperform ?

@Haeze @TankrunnerAgain @MaineHippo83 @grok Individual years don’t even matter. The point is that total returns over a given 15 year period are what matters.

@TankrunnerAgain @MaineHippo83 @BTCBreadMan @grok List years where the S&P returned less than 10% for the year.

@MaineHippo83 @Haeze @BTCBreadMan What else do you have other than 'past performance'? Check any 15 year period in the past century and you'll see excellent results.

@SenDuckworth Or you could use your Birth Certificate along with your Driver's License... You know, the exact same requirements everyone has in the I-9 process to get a job. Or the same requirements they have to claim disability or to collect government benefits...

Under the SAVE Act, you cannot use your driver's license to register to vote. Republicans want you to buy a passport instead. If you can afford one. This is a modern-day poll tax.

@woo10 @BeingJWood I am down for it !

@Haeze @BeingJWood I don't know Haeze, you also could get jumped on the way to register and have your docs stolen. I guess maybe we should use fingerprints and retinal scanners. the point being there's no reason to make it more difficult to vote. have a nice day :)

@MissJilianne Interesting, because 4 seconds happens to be how long a Cybertruck takes to go from 70 to 0 MPH. Sounds like she didn't think it was enough of an emergency to hit the brakes, instead she just disengaged Autopilot.

Elon admits the human disengaged Autopilot 4 seconds before the crash. Well yeah…if you’re about to crash due to Autopilot making a critical mistake, you’re going to naturally slam on the brakes which disengages Autopilot\Full Self-Driving.

@waltwhitmangoth @BeingJWood Replying then blocking... The true sign of someone who has lost an argument. No one ever said that everyone "just needs a birth certificate". We clearly say you need a Birth Certificate AND a Photo ID.

@waltwhitmangoth @BeingJWood False. Read the SAVE Act.

@TheFatBaldGamer @BraddrofliT Another moron posting inane BS then blocking me so I can't reply to their post. Yay ! An Enhanced Real ID is not necessary either. Just a Birth Certificate and Photo ID. Every state has programs that give Birth Certificates and Photo IDs free to people who can't afford it.

@TheFatBaldGamer @BraddrofliT You may have missed the third point I made. You do actually have to read the whole post. "A Passport is NOT REQUIRED" You can use your birth certificate and a Photo ID. The fact that you never attempt to understand a point tells me why you still think everyone is a pedo.

Tim Burchett either knows this is false or doesn’t care…both disqualifying. There’s zero evidence Democrats are “using death certificates to vote.” None. Courts, audits, even Republican investigations have found nothing. It’s propaganda. Millions of eligible Americans don’t have easy access to the documents being demanded. That’s not security it’s a barrier. His tweet is exactly why blatant lies from politicians should not be tolerated on social media. Pushing lies to justify restricting voting doesn’t protect elections it undermines them. And that’s why he should be held accountable.

@woo10 @BeingJWood And if I have a list of Names along with their SSN ? Because no fewer than 30 times I have been alerted about major corporations or government agencies that have had a data breach that contained that info.

@Haeze @BeingJWood We don’t register people by name alone. we use unique identifiers like SSN and DL numbers. If the state already uses those to verify identity and eligibility, the 'John Smith' problem is already solved. The SAVE Act is just a paperwork barrier

@nickshirleyy I get mad about fraud getting exposed. I do not get mad at the person exposing it, or the fact that it was exposed, but I still get mad about the fraud that was exposed.

If a politician gets mad about fraud being exposed They aren’t working for you, they are working against you That is all you need to know about them

@elonmusk Can we normalize calling something a "Gravity Well" instead of calling them all Black Holes ? If these are glowing red, they are obviously not Black Holes. They are Gravity Wells.

@FoxNews I am curious how many people the MILLIONAIRE named Bernie Sanders is letting live in his two EXTRA houses while he lives in the third house...

SEN. SANDERS: “60% of our people living paycheck-to-paycheck, and one guy, Elon Musk, owns more wealth than the bottom 53% of American households.” “Think maybe that might be an issue that we should be talking about?"

@FarRightSabrina @TonyLaneNV The attendant was literally in middle of offering her an accommodation when she interrupted him...

THIS IS WILD… Passenger says United denied a simple request that could literally save their life. Severe peanut allergy. One exposure = possible fatal reaction. All they asked for? A small buffer zone on the plane. Instead… they were told to basically deal with it and “email the company.” On a packed flight where people are eating inches away… That’s not a minor issue. That’s life or death. Do airlines have a responsibility here… or is this asking too much? ⬇️ 🇺🇸

@TonyLaneNV The Attendant was literally in middle of offering you a solution and you interrupted him to complain more.