return2ozmaBill Burr calls on 'billionaires to be put down like rabid dogs' in podcast
just_another_personGood. Need more of this.
I do think he’s quite wealthy though…
Bernie Sanders is out there talking about eating the rich…he always convienently leaves out that HE HIMSELF is rich.
I’m never sure if that’s meant to say like “Yeah, I’LL pay my fair share if we get all the other rich people to do it too”.
Or if it’s meant to be something that sounds good on a soundbyte that makes you angry at the rich…while you’re not supposed to know HE’S rich.
I never know what to take that context as.
Bernie isn’t rich. He’s in the low millions, which pretty much can’t even buy a home in most places anymore.
If someone has even 1 million dollars they’re rich. That’s the thing about numbers. They’re infinate.
You say you couldn’t even buy a house with a few million dollars? I could buy a house for $70,000.
For another $10,000 I could fit the house with solar, and use the other 900,000 to live off interest.
How is that not rich?
if you want $900k to provide a steady return every year indefinitely, and while accounting for inflation, taxes on proceeds, fluctuations in the market, etc. you won’t be taking out nearly as much as you think each year.
$900,000 x .02 = $18,000 ÷ 12 = 1,500.
$1,500 every month, no rent, no mortgage, no electric bill. Basically means you’re paying taxes, insurance, water, gas, phone/internet. I’ll just round that off at $600. Means $900 a month after bills. All without working.
You telling me that ain’t rich?
lol what? No, that’s not at all rich by any account
$18,000 is only $3k above the federal poverty level, and well below for a family of 2. This sounds like one of those out of touch McDonald’s PR budgets.
Better hope your home never needs a new roof, that’ll be at LEAST 6 months of your passive income gone. Car breaks down? Well you need to fix that because you live in BFE, that’s another month gone.
Not to mention I don’t know what scooter you’re parking in your one room shack to keep taxes and insurance and utilities under $600. Are you fitting health insurance in that too or just offing yourself when you get medical debt? Hope you never have any dependants either, that’s when things get really pricey.
I wouldn’t call 44th and Clark BFE.
If anything, I’d have to check the map, and make sure Daves is as close as I think, but you could just walk everywhere. Although at his age, maybe he’d need a car. But the neighborhood is very drivable. It’s not like you’re out in the sticks.