Quote from: philipma1957 on Today at 12:43:28 AM

Quote from: ChartBuddy on Today at 12:01:15 AM

Explanation
Chartbuddy thanks talkimg.com

jjg looks right how bout that.

How could I have ended up being right about anything?

I usually don't say much of anything... I mean there are a lot of words coming out.. but still... my posts largely boil down to proclamations of 50/50.. or alternatively 45/45/10

It seems that I mostly just tell others, when feasible, that they are wrong since they are proclaiming too much.. to the degree that anybody proclaims anything (or has the balls to proclaim anything), anymore.

I am not going to deny that some guys continue to proclaim things in spite the odds being against their proclamation..and surely from time to time, they end up being correct.. so there is that angle, too.

Oh..? Upon further reflection, I think that I see that you had meant my "corn not being onsale" rebukening? oh that.

Quote from: Biodom on Today at 03:13:05 AM

@jjg-re our periodic discussion about the cost of living in US.
https://www.cnbc.com/2025/06/14/how-much-money-a-family-of-four-needs-to-live-comfortably-in-all-50-states.html
An eye-opening article.

Here is the kicker:
US median household makes about 80K/year (per article), yet "a family of four needs at least $186,618 a year to live comfortably* in Mississippi in 2025, the country’s most affordable state, found a SmartAsset study that published on June 4."
Later it shows data for all 50 states (from the aforementioned $186618 to $313747 in Massachusetts).
Wowza!
* live comfortably

Quote

“Living comfortably” means having enough income to dedicate 50% to necessary costs, 30% to discretionary wants and 20% to debt payments and saving, also known as following the 50/30/20 budget, according to the study.

EDIT: An easy calculation shows that in the cheapest state 50% (which is defined as "necessary costs") of 186618 is $93309, which is 13k HIGHER than the median family income country-wide.

Fair enough, yet I'm not sure if I should be agreeing to change entry-level default fuck you status, which is entry-level fuck you status is presumed based on a single person's situation rather than a family of four, yet of course, any person who has additional members in the family (besides being a single person) has to account for his responsibilities over the expenses of those other persons, and surely of course, if he is providing the income for the whole family versus getting income assistance from his spouse or any other family member, then those would also be relevant considerations.

From my perspective, it seems a bit unnerving for me to consider that there is some need to adjust the entry-level fuck you status up again, since already in 2020, I thought that it was appropriate to double it from millionaire status (and the presumption of a passive income of $40k per year (and $3,333 per month) to 2 millionaire status which doubles each of those numbers, and even with doubling each of those there seems to be some potential out-of-touchness with the rest of the world with some guys proclaiming that they are living off of $300 per month and even with them I try to proclaim that we need to try to be more realistic in terms of talking about bitcoin, investing and other principles, even though surely there are decent amounts of folks who consider it quite doable to be having those lower level incomes, since they may even consider it difficult for them to get higher paid work.. .. ..

But, yeah, we might be talking about entry-level fuck you status for western locations, and I am getting the sense that the CNBC article is being a bit out of touch since I still see that average incomes across the USA are more in the ballpark of $66k, so with that I still consider entry-level fuck you status of $80k per year seems to be a reasonable place to be for now.. especially talking about entry level and passive income, which from my perspective a passive income coming from bitcoin is much more solid than various traditional ways of attempting to both measure and to rely upon the various traditional calculations of 4% from a starting base of $2 million as the investment portfolio in which $6,666 per month would come....

With bitcoin, I am currently seeing 16.451 BTC as the entry level quantity of bitcoin in order to start to reliably and perpetually draw $6,666 per month and $80k per year - even likely being able to upwardly adjust around 7% per year given the expected ongoing debasement of the dollar.

For sure, there is nothing wrong with proclaiming that you need more for your base starting out (entry) level amount so that your income would be higher or even proclaiming that you would like to have a 20%-40% cushion amount beyond the current 16.451 BTC, since if a person might have that quantity of BTC and want to start drawing $80k per year right away, i will admit that some dancing and carefulness needs to be done as compared with some one who might have some extra cushion beyond having the bare minimal entry level amount of BTC to justify the withdrawal rate. One of the problems with any anticipated passive withdrawal is to attempt to withdraw too much too soon and then to overly deplete the funds and then it ends up not being perpetually sustainable since the calculations were wrong, so in that sense it may well be better to have some bit of a cushion to make sure that the numbers are actually working out in practice rather merely in theory..