• 0 Posts
  • 158 Comments
Joined 1 year ago
cake
Cake day: July 3rd, 2023

help-circle




  • mayonaise_met@feddit.nltoLemmy Shitpost@lemmy.worldYou can't win the lottery
    link
    fedilink
    arrow-up
    4
    arrow-down
    1
    ·
    edit-2
    11 months ago

    The idea that it could happen is false hope though, because you’re buying into the idea that the chance is worth $5. The chance is so small it might as well be zero. So you’re way over spending for a could that is practically a won’t.

    There are some situations with some lotteries where the math works in your favor because of for instance rollover. But if you’re committed to $5 a week you’re not that lottery player.

    If you were to put $5 in S&P 500 weekly for a decade it is far more likely that you’ll have a profit of a few thousand on top of the money that you did not spend on lottery tickets (because you still own the stock). That’s not really as radically marxist as my previous comment might make me seem, but for your personal wallet it’s way better.

    In this economy if you want to become rich, the best thing is to start out rich. The next best thing is starting a company and pocketing the productivity of your employees. Back to that marxism thing again.














  • In Europe (in my case the Netherlands, but it’s similar in surrounding countries) you cannot pass on the right and you can get fined for it. If you do pass on the right you’re taking a bigger risk because it is not expected.

    You can also get fined for staying in the left or middle lane for too long. But that’s somewhat rare. You can get away with it a bit to pass an extra truck (our trucks speed limit is slower) or if the right lane is full and slower than the lane to the left of it, but don’t drive excessively slow on the left. Especially on the Autobahn.


  • Borrowing for a car is becoming normalized in my country, but what’s wrong with just buying a €5-10k car outright? My SO and I have spent a grand total of €12500 on purchasing 3 separate vehicles in about a decade.

    I drive a relatively new electric car for work that is a job perk, but if I wouldn’t I’d just driving to work in our little Mazda 2.

    There is no single part of my house I even want to spend the average new car price on (€43k). That’s retire a year early money.