Middle East Conflict

[ChicagoBlue]

I think you're forgetting discounted cash flow and net present value!

At 3% average inflation over 40 years, $1m is only worth $300k in real terms.

Or to put it another way, you need $3m in the future to be a millionaire on today’s prices.

I thought we were just talking about being able to say “Millionaire!”?!

Next you’ll be wanting stock tips and offshore banks to keep your money!! ;-)

Save yourself the time and effort to create a number and simply SAVE AND INVEST from the earliest age possible and no matter the number, even “an average man” will be waaaay ahead of the rest of the population! That comparison is what helps you feel like a “comparative millionaire,” because you end up able to enjoy life much more than most whenever you decide to utilize those compounded savings.

I have done this math with my kids since they could understand “free money” from being an investor rather than a borrower, and starting as early as possible. By age 30, they will have more than the average U.S. retiree has at 67 yrs of age!

There’s an old adage that if you save a set amount of money every year from age 20-30, you will retire with the far more money than if you STARTED at 30 and saved that amount of money every year FROM 30 to retirement (35 yrs!).

Try it with $2,000/yr and 10% and you'll see the early saver for only 10 yrs ends up at $1M, while the age 30-65 saver ends up with less than $600K!

All other things being equal, TIME IS YOUR BEST FRIEND!

Compound Interest: The strongest force of the universe!

 

[shevtheblue]

What's the topic?

There seems almost a determination to go off-topic to avoid the genocide.

How the world is sitting back and allowing people to be exterminated in front of our eyes, with the western leaders openly bragging about it being Israel's right. It's because of all the things I mentioned.

 

[Kirkstall Blue]

Most of the country wants a permanent ceasefire Pep has a heart but Starmer has turned us into a complicit country to the genocide taking place in Gaza, everyday people dying
The Palestinian’s have a right to exist in Palestine

 

[Don Karleone]

Their coverage hasn't been flawless by any means, but fair play to them for showing this.

 

[Gobshiight]

Greater Israel update...

This Sulaiman guy seems like a bit of a crank, not sure I'd pay much attention to him

 

[Kirkstall Blue]

https://www.itv.com/news/2025-06-28/kneecap-set-to-perform-at-glastonbury-today-despite-backlash-from-politicians

Our politicians would rather make the Free Palestine chant a crime at Glastonbury, than Netanyahu who is killing innocent Palestinians in Gaza.

 

[Trevor Morley's Tache]

 

[TinFoilHat]

Christian settlers being bombed out their houses by israeli settlers



IDF starving babies



A black rapper says death to the IDF and that's the main headline!



Says it all about our governments complicity in genocide.

 

[The Future’s Blue!]

Christian settlers being bombed out their houses by israeli settlers



IDF starving babies



A black rapper says death to the IDF and that's the main headline!



Says it all about our governments complicity in genocide.

I was shocked this morning as Streeting called the Settler violence as terrorist acts, and condemned them for their actions.

Funny old world.

 

[Don Karleone]

 

[The blue phantom]

When it hits around 70 - 100 massacred it may get a mention on MSM.

 

[Postman Pep]

Delete and cancel as much as you like but this is the reality.

 

[Kirkstall Blue]

Christian settlers being bombed out their houses by israeli settlers



IDF starving babies



A black rapper says death to the IDF and that's the main headline!



Says it all about our governments complicity in genocide.

We need a public inquiry over our governments handling of the genocide in Gaza, it’s gone to far, the majority of constituents want an immediate ceasefire in Gaza and the release of hostages.
That should be the public announcement not some rappers wanting/ and getting publicity and recognition

The media storm, arresting someone for wearing a scarf and a media storm over saying death to the IDF. While we don’t wish death on anyone surely it’s not the first time Pop stars have been controversial.

 

[Vic]

This Sulaiman guy seems like a bit of a crank, not sure I'd pay much attention to him

Is the Cyprus Mail ok?

Akel focuses on Israelis amidst Cyprus for sale fears

Akel on Monday reiterated its concerns over what it calls the en masse buying up of real estate in Cyprus by non-EU nationals, particularly Israelis with ‘targeted purchases’ of land creating gated communities in Larnaca and Limassol, with the party introducing legislation aiming to curb the...

cyprus-mail.com

 

[cheekybids]

Sunak just wasn't very good at his job. But to think that any multi-millionaire (billionaire?) goes into politics for the money, is just bonkers.

That’s how you control the tax policy, he’s considerably richer than he was before office.

 

[Vic]

So the BBC will commission The Moral Maze on radio 4 to consider:

"Is it morally wrong to wish death to soldiers who are committing war crimes?"

 

[cheekybids]

I thought we were just talking about being able to say “Millionaire!”?!

Next you’ll be wanting stock tips and offshore banks to keep your money!! ;-)

Save yourself the time and effort to create a number and simply SAVE AND INVEST from the earliest age possible and no matter the number, even “an average man” will be waaaay ahead of the rest of the population! That comparison is what helps you feel like a “comparative millionaire,” because you end up able to enjoy life much more than most whenever you decide to utilize those compounded savings.

I have done this math with my kids since they could understand “free money” from being an investor rather than a borrower, and starting as early as possible. By age 30, they will have more than the average U.S. retiree has at 67 yrs of age!

There’s an old adage that if you save a set amount of money every year from age 20-30, you will retire with the far more money than if you STARTED at 30 and saved that amount of money every year FROM 30 to retirement (35 yrs!).

Try it with $2,000/yr and 10% and you'll see the early saver for only 10 yrs ends up at $1M, while the age 30-65 saver ends up with less than $600K!

All other things being equal, TIME IS YOUR BEST FRIEND!

Compound Interest: The strongest force of the universe!

My boys have just started in the workforce in Oz where you have compulsory superannuation savings. The employer contributes 10%. They can contribute pre-tax up to $30k per year.

Once they saw the figures on the spreadsheet compounded they were looking forward to their 40s.

 

[Gobshiight]

Is the Cyprus Mail ok?

Akel focuses on Israelis amidst Cyprus for sale fears

Akel on Monday reiterated its concerns over what it calls the en masse buying up of real estate in Cyprus by non-EU nationals, particularly Israelis with ‘targeted purchases’ of land creating gated communities in Larnaca and Limassol, with the party introducing legislation aiming to curb the...

cyprus-mail.com

Could be! I can't comment either way

This Sulaiman posts nonsense like this, though, so he's best ignored:

 

[ChicagoBlue]

My boys have just started in the workforce in Oz where you have compulsory superannuation savings. The employer contributes 10%. They can contribute pre-tax up to $30k per year.

Once they saw the figures on the spreadsheet compounded they were looking forward to their 40s.

EXACTLY!

There’s a lot to be said for financial security and the freedom it creates.

With a 7 yr doubling period (Rule of 72), those in their 20’s with some discipline can set themselves up for the future.

 

[Chippy_boy]

That’s how you control the tax policy, he’s considerably richer than he was before office.

Interesting. So which tax changes did he introduce that led to his increased wealth?