Yes it’s very remunerative. But have you stopped to consider it could be even more so? /s
Yes it’s very remunerative. But have you stopped to consider it could be even more so? /s
Great idea!
Just make sure it’s not anywhere near me.
/s
Yeah, breaks your heart, don’t it?
You’re not misunderstanding at all. Opportunity cost is that simple.
If I can get 5% guaranteed on a government bond, and my buddy needs some help to get out of a jam (and I’m as sure as I can be he’ll pay me back) and he offers me 3%, if I give him the money I’m not doing a nice thing and making 3%, I’m an idiot that’s losing 2%.
At least according to the people that can only think of more more more.
It doesn’t always have to be greedy though. If you’ve got money you don’t need anytime soon sitting in your checking account doing nothing what your missing out on by not at least putting it in an interest bearing account is opportunity cost.
First of all, fuck landlords and double fuck people that buy up single family homes to rent out. This is not an endorsement, just a basic explanation of opportunity cost for anyone interested.
Fuck landlords, in case you missed the first one.
Now that that’s out of the way, opportunity cost is what you lose by not doing something else with your capital.
For example:
You assume you could make an average of 10% a year in the stock market.
You have 100k equity in a rental property.
You collect rent, after paying the mortgage, taxes, maintenance, and any other expenses you make 10k in a year.
That’s 10% of your 100k in equity, the same you estimate you’d make in the market, no opportunity cost.
Some number of years later between paying more of your mortgage and increase in the value of the property you have 500k in equity.
You only increased rent enough to cover increases in taxes, maintenance, and other expenses so you still only make 10k a year.
That is now 2% of your 500k in equity.
The 8% difference between the 10% you think you could make in the stock market if you sold the place and the 2% you’re getting without jacking up the rent, is the opportunity cost.
Of course there are more things to take into account, this is just to give you a basic idea.
Fuck landlords.
So because the US has pulled a bunch of bullshit over the last several decades they shouldn’t get involved when there is a real evil to fight? That’s a boneheaded take. What if it was actual real Nazis? What if Nazis got ahold of a country in Europe and started invading and putting people into death camps? Should the US just say “I don’t know man, we’ve fucked up in the middle east, south America, and southeast Asia so much we’re just going to sit this out”?
Yes, western imperialism is bad. No, everyone opposed to western imperialism is not necessarily good.
Think of it as broken clock being right twice a day. Think of it however you need to. Russia needs to lose in Ukraine. And if that means the west gets a propaganda “win”, that sucks but just deal with it. Western countries getting egg on their faces isn’t worth letting Russia rape, murder, and steal.
If it makes you feel any better, there is a good chance we’re living at the peak of civilization and it’s all downhill from here (or been going downhill for a while, depending on your perspective).
It should get OP a ban. What’s the point of defederation if someone from .ml is just going to bring all that shit here?