Stalin Did Nothing Wrong

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Re: Stalin Did Nothing Wrong

Postby Frank the Tank » 14 Feb 2017, 12:28

MisterTambourineMan wrote:After paying off all debts I would invest 75% in stable mutual funds that over 20 years should triple in value while establishing a trust that wouldn't allow any potential future heirs to squander it, at least right away, then using most of the remainders to purchase real estate in developing communities that should only appreciate in time while leaving myself with enough liquid assets to live comfortably and maintain my current job.


That's an implied 5.65% annual return. Fairly reasonable IMO. Much more reasonable than pension funds assuming 7% every year. However remember that in 20 years inflation will eat away at that. If you assume 2% annual inflation (probably fair over 20 years even if a little high now) then a dollar will only be worth 2/3rds as much in 2037 than it is today. So you have 3x as much money but only 2x as much buying power. The moral of the story is that if you want to both manage money over your remaining life and make sure money-grubbing heirs don't get their filthy hands on it, you have to go the Leaving Las Vegas route and do a lot of hookers, booze, and blow to manage your bankroll and lifespan simultaneously.
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Re: Stalin Did Nothing Wrong

Postby MisterTambourineMan » 14 Feb 2017, 12:32

Frank the Tank wrote:
MisterTambourineMan wrote:After paying off all debts I would invest 75% in stable mutual funds that over 20 years should triple in value while establishing a trust that wouldn't allow any potential future heirs to squander it, at least right away, then using most of the remainders to purchase real estate in developing communities that should only appreciate in time while leaving myself with enough liquid assets to live comfortably and maintain my current job.


That's an implied 5.65% annual return. Fairly reasonable IMO. Much more reasonable than pension funds assuming 7% every year. However remember that in 20 years inflation will eat away at that.


Fuck, Inflation! The most insidious tax of them all....

you have to go the Leaving Las Vegas route and do a lot of hookers, booze, and blow to manage your bankroll and lifespan simultaneously


I knew I was doing it right.
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Re: Stalin Did Nothing Wrong

Postby Frank the Tank » 14 Feb 2017, 12:35

MisterTambourineMan wrote:
Frank the Tank wrote:
MisterTambourineMan wrote:After paying off all debts I would invest 75% in stable mutual funds that over 20 years should triple in value while establishing a trust that wouldn't allow any potential future heirs to squander it, at least right away, then using most of the remainders to purchase real estate in developing communities that should only appreciate in time while leaving myself with enough liquid assets to live comfortably and maintain my current job.


That's an implied 5.65% annual return. Fairly reasonable IMO. Much more reasonable than pension funds assuming 7% every year. However remember that in 20 years inflation will eat away at that.


Fuck, Inflation! The most insidious tax of them all....

you have to go the Leaving Las Vegas route and do a lot of hookers, booze, and blow to manage your bankroll and lifespan simultaneously


I knew I was doing it right.


The next MinneapolisCon is going to be epic, even though Dong set a high bar for shenanigans last year.
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Re: Stalin Did Nothing Wrong

Postby Rodney Farva » 14 Feb 2017, 12:52

you know who loved hookers, booze, and blow? and hockey?

joe stalin. that's who.
You coin contrarian bro and say shit nonsense like this.
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Re: Stalin Did Nothing Wrong

Postby mister bacon » 14 Feb 2017, 12:55

Rodney Farva wrote:you know who loved hookers, booze, and blow? and hockey?

joe stalin. that's who.



Image

tfw you love hookers, booze, blow, and hockey.
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Re: Stalin Did Nothing Wrong

Postby BigJohnStudd » 14 Feb 2017, 14:14

Rodney Farva wrote:gregs, if you won the lottery and were really rich, would you hire a housekeeper?


He's already got a wife. After she left him and took all his money, she'd keep the house too.
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Re: Stalin Did Nothing Wrong

Postby Dthefritz » 14 Mar 2017, 20:44



Image

Image
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Re: Stalin Did Nothing Wrong

Postby chrisco » 14 Mar 2017, 20:50

Stalin did a lot of things, but he didn't double post.
SY wrote:....but yeah if there's an awkward silence i am definitely filling it with nonsense.
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Re: Stalin Did Nothing Wrong

Postby JichaelDick » 14 Mar 2017, 20:51

The dog seems to be more libertarian to me.
TVF wannabe - Mon Jan 30, 2017 1:42 pm: ...a good rule of thumb is if you post some thing like that and IMS quickly jumps in with an uncomfortable reference you went too far
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Re: Stalin Did Nothing Wrong

Postby Dthefritz » 14 Mar 2017, 20:56

'Sco: He was never confounded by diabolical capitalist HTML.

JichaelDick wrote:The dog seems to be more libertarian to me.

Libertarians go on and on about how they're "the real liberals". In any event, they are both politics that represent the commercial interests in one way or another.
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