▲ 1150 ▼ After donating $1m to Trump and axing DEI, Target CEO watches his salary get chopped in half by tariffs and angry shoppers (sinhalaguide.com) submitted 1 year ago by Merlu@lemmy.ml to c/upliftingnews@lemmy.world 156 comments fedilink hide all child comments Karma is a removed!
[–] FlashMobOfOne@lemmy.world 1 point 1 year ago (1 child) You can get 4% from a high yield savings account. That’s insured. For now, but you make a solid point. It depends on one's risk threshold, but I appreciate you adding that in. permalink fedilink source parent hideshow 2 child comments replies: [–] Nerrad@lemmy.world 1 point 1 year ago (1 child) That's just break even purchasing power. In USA, invest $1000 at 4% earns $40. Federal and State taxes will take $10. The remainder will be dissolved by 3% inflation. And when you go to spend it, sales tax pushes your 'yield' into the negative. 4% isnt the easy street it appears to be. permalink fedilink source parent hideshow 2 child comments replies: [–] FlashMobOfOne@lemmy.world 0 points 1 year ago Yes, that's why it's the worst case scenario in this discussion. permalink fedilink source parent
[–] Nerrad@lemmy.world 1 point 1 year ago (1 child) That's just break even purchasing power. In USA, invest $1000 at 4% earns $40. Federal and State taxes will take $10. The remainder will be dissolved by 3% inflation. And when you go to spend it, sales tax pushes your 'yield' into the negative. 4% isnt the easy street it appears to be. permalink fedilink source parent hideshow 2 child comments replies: [–] FlashMobOfOne@lemmy.world 0 points 1 year ago Yes, that's why it's the worst case scenario in this discussion. permalink fedilink source parent
[–] FlashMobOfOne@lemmy.world 0 points 1 year ago Yes, that's why it's the worst case scenario in this discussion. permalink fedilink source parent