$1600 of GameStop bought last year would be worth $70000 right this second

investment like interest to the bank

'm sorry

I suspect your calculations might be off

turning 5600 into 20,000 is impossible?

I'm so mad. If I had known that Gamestop stock had gone down to $2/share last summer, I would have bought like $100 worth just to say I owned part of Gamestop.

lol

If you have $5,600 and leave it in a bank account for 5 years, with a monthly interest rate of 4%, you'll have $6,837.58 after those 5 years

what about the long term acount?

And 4% is very optimistic in the current environment. Nowadays I'm hard pressed to find even 1% interest

I just think about how much money I could have made and am sad :(

the one where its litreally impossible to get the money until a set time

@doppelgreener a few CD's at 3.5 % offered by my credit union last year, but require min 10K for one.

@Catofdoom2 to get to $20,000 you'll need an interest rate of about 25%

@RevanantBacon me too

which is ... a lot

if you find a bank that offers that, please let me know as well

It's like that thing where you can buy a 1' square plot of land in Scotland and get the title of Lord for like $50

But actually worth something

i mean, trading does not occur with time travel

lost opportunities are only opportunities if you could have foreseen them at the time

and at the time, people were half expecting gamestop to go bankrupt

(for those who are curious, this website is the one that sells these plots and ttles)

its not any instant 20k

it would be a lo0ng term investment

@doppelgreener @ThomasMarkov if i put all possible money into a saving account by the age of 25 I'll have more than 20k

yeah that's unrealistic

The return on savings accounts is miniscule

you can put some of your money into a spending account, but you'll need a goodly portion of your money to pay for transport, food, rent if you're living out of home, etc

@Catofdoom2 elderly folks say that putting your money in a saving account is better because at the time they were doing that is was better. Trading on the stock market for laypeople and retirement investing wasn't really a thing. Nowadays it's much better to put your money in some kind of retirement or long-term account or fund, as those offer much higher % rates than savings accounts, which are quite low

in a good case you'll be able to afford to put maybe 30% of your income into savings

My savings account is making about $4 a year.

@ThomasMarkov yeah savings rates are stupidly bad. Put your money into a long-term account through a provider like Vanguard or Fidelity. Much better return, you can contribute every year, you can even have your employer contribute under certain circumstances.

@ThomasMarkov thats, not terrible

it's terrible

Mine makes 0% ( but that's intended )

@Catofdoom2 We don't know how much money is in the account. a $4 yearly return on $100 is decent, but a $4 return on $10000 is not

fair

so, the rod of secruity, good item?

for point of comparison, the inflation rate in most nations' economies is about 2%. this means if a shirt costs $100 this year, it will cost $102 next year. this is compounding so the year after it's $104.04, then $106.12, etc

if your savings earn 2% interest and the inflation rate is 2%, your savings are maintaining the exact same buying power over time

your money is growing, but your buying power is not.

but, is the rod of secruity a helpful item?

@G.Moylan I know this is a weird flex, but it's way bad. But it's risk free.

@G.Moylan @GcL @doppelgreener @ThomasMarkov @RevanantBacon the daily question was just posted to daily discussion. feel free to discuss and share your opinion chat.stackexchange.com/rooms/123313/daily-discussion

i'll leave that one be, as i don't play D&D

ok

@doppelgreener well, I think it's slightly more complicated than that isn't it? 2% of your money could be more or less than the price of the things you buy depending on the amount of money and the original price of the thing, but overall yeah

@trogdor it is. for example, 4% interest is pretty decent, but if you're trying to buy a house, 4% interest won't get you anywhere.

Yes true

by the time you've got your 4%, houses got more than 4% more expensive

That's all I mean

Although it also benefits anyone who happens to be ridiculously rich and also frugal

If you are a billionaire and only buy extremely cheap things,... your 2% is probably higher than the price increases

But most of us aren't billionaires I would hazard to guess

Overall it doesn't do much other than keeping up with prices and at that maybe doesn't even entirely do that

If are in the market for a house you also still have to at least buy food, you are probably paying rent already or paying for a hotel, or if you are lucky have a house already but have electricity and water Bill's for it still

@BESW This just created "Principality of Thatking" for me

The theoretical 2% of all those things that apply in any single case is probably higher than the 2% of what most people have in the bank

Sounds like a very plausible name!

@kviiri shouldn't it be of thatprince? Or Kingdom of?

@AncientSwordRage I mean, while I agree in principle, these things never really had to make sense

@kviiri in that sense it's quite realistic then

Both in folk nomenclature and more formal practice: Henry VIII declared England to be an Empire without ever claiming the title of Emperor

cue that old holy roman empire joke

@kviiri Not to be confused with the Duchy of Watprince or the Unincorporated Exarchate of Somepsychopomp.

The Demesne of Whatshisname

The Unceded Territory of Pompousjerk

The Disputed Holdings of Thoseguys.

The Contested Counties of Queen Mean

Or the Federation of Yourfingeryouidiot

They may or may not be painted red.

The Ungovernable Freeholdings of N/A.

The Oligopolis of Filenotfound

The Sixth Empire of NaN

The missing lands of Forroh-Phaw

Momatoes wrote a twitter thread about TRPG "safety in terms of principles and questions each group should ask -- instead of just resorting to a favorite tool."

Jay Dragon asks on twitter "how did you become a ttrpg designer / how did you get involved in indie ttrpgs"

Kickstarter ending soon: SIN: A Spire RPG Sourcebook by Grant Howitt. Crime, punishment and uncaring gods in a mile-high cursed city.

Kickstarter: Court of Blades by A Couple of Drakes. The Tabletop RPG of power politics, gunpowder diplomacy, renaissance magic, and romantic skullduggery.

Kazumi Chin wrote a twitter thread about how "Breaking rules is a big part of design!"

Six Figures Under, or: You Went Through Ten Years Of Necromancy School And They Never Taught You How To Market Yourself by Samantha Leigh. A series of 6 solo micro-games about being a freelance necromancer.

The Wee One - A Wanderhome Playbook by breathingstories. A Playbook for Wanderhome, inspired by Tom Thumb and tales of the tiny

DINO ninja by Kazumi Chin. ur a dino ninja idk what else to tell u??

@Yuuki A major part of Dealing with Dragons is explaining this to people who don't get it.

(A princess flees an arranged marriage by volunteering to live in a dragon's cave, cooking and cleaning and organizing her Latin library. Knights keep coming to rescue her and it's very annoying.)

Kickstarter: The Shape of Shadows by Jeeyon Shim. A connected path game about magic, being taken under someone's wing, and the price you are willing to pay to fly on your own.

@BESW "Where the heck have you been LIVING all this time?!?!" "Yeah, I rent a room from Szurlyx the Glistening, they're a pretty cool chap" "?!?!??!?!?!!!!!?????!!!!!????"

@BESW anybody tried this one?

@Akixkisu I've downloaded it but haven't played it yet.

The blurb Spoke To Me on a deep level.

@BESW if you do, then I'd enjoy hearing about it.

@BESW it is a great pitch.

Kind of surprised that the smoke detector didn't pick this one up rpg.stackexchange.com/a/184470/44723

@Shalvenay Some of the knights refuse to believe she's living with a dragon voluntarily, until she offers to fight them herself. (She tries to keep the dragon away from the knights, because she doesn't want either dragon or knights to get seriously hurt.)