James_Dixon
@James_Dixon@poa.st
pleroma
2.10.0-124-g1d92e0fa-otp-28-poast-dev
Gab refugee.
Retired computer tech.
Slackware user.
Retired computer tech.
Slackware user.
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Joined January 31, 2022
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@Ghislaine@poa.st
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@Ghislaine@poa.st
Fun Chinese propaganda about the Iran War
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@James_Dixon@poa.st
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22h ago
@Ghislaine The original is at:
https://v.cctv.com/2026/03/18/VIDEtQaMUYpK2RrLNAmDkfcU
but doesn't have the subtitles.
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@James_Dixon@poa.st
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1d ago
This coming Wednesday (March 25th) is the Annunciation of the Virgin Mary and both Church of Our Saviour (Leesburg, VA) and St. Matthias (Dothan, AL) will hold Communion services that day; Church of Our Saviour at 6:30 p.m. Eastern and St. Matthias at 6:00 p.m. Central.
All are welcome to attend and all baptized Christians are welcome to partake in the Communion.
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All are welcome to attend and all baptized Christians are welcome to partake in the Communion.
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@James_Dixon@poa.st
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@James_Dixon@poa.st
Compare and contrast to when a nigger shoves a White in NYC: https://nypost.com/2026/03/21/us-news/usps-mailman-who...
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@ocotillo42@poa.st
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@ocotillo42@poa.st
@James_Dixon Kid was probably being a little jerk and mouthing off.
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@James_Dixon@poa.st
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1d ago
@ocotillo42 > Kid was probably being a little jerk and mouthing off.
https://www.youtube.com/watch?v=ayFZvxbxWMQ
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@James_Dixon@poa.st
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@James_Dixon@poa.st
Allow me to do a quick bit of investing 101 discussion. Why do we invest money? Obviously, so we'll have more money in the future. So, how much more money are we talking about? Well, if you turned 65
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@Largo@poa.st
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@Largo@poa.st
@James_Dixon Never heard of anyone consistently betting *against* the market, and winning. If the stock market continued its downturn and never recovered (in our lifetimes) suffice to say America woul
Current reply
@James_Dixon@poa.st
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1d ago
@Largo > Never heard of anyone consistently betting *against* the market, and winning.
Maybe in the 1930's. But seldom since and never for an extended period.
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@James_Dixon@poa.st
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1d ago
The stocks I own which paid dividends this week were ED and IP. It was a slow week dividend wise.
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@James_Dixon@poa.st
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1d ago
Allow me to do a quick bit of investing 101 discussion. Why do we invest money? Obviously, so we'll have more money in the future.
So, how much more money are we talking about? Well, if you turned 65 today you were born on March 21, 1961. Let's say your parents had been able to invest $1000 in an S&P 500 index fund on the day you were born (hard to do, as S&P 500 index funds didn't exist yet, but for the sake of argument).
On March 21, 1961 the S&P 500 closed at $70.01. Today the S&P 500 closed at 6506.48. That's an almost 93x return over the past 65 years without reinvesting dividends or a gain of 7.22%/year. If you reinvested the dividends back into the fund and achieved the average S&P 500 return of roughly 10%/year (this figure can be found in many places on the web, feel free to verify it for yourself if you have questions) over that time frame it would be a 490x return.
So without dividends that investment would have grown to a bit under $93K and with dividends reinvested it would have grown to a bit over $490K. In other words, if you parents had been able to invest $2000 for you when you were born and had placed it in an S&P 500 index fund and you had never touched the money, you would now be just short of a millionaire without ever saving any money yourself. This is historically why you invest and in particular why you invest in a broad based US stock fund such as the S&P 500. And why, if you have children, you should be doing your best to invest for them now.
Now, as the saying goes, past performance is no guarantee of future results. The stock market could continue it's recent downturn and not recover in the lifetime of anyone reading this. The future is never certain. But history strongly indicates that's not the way to bet.
#Investing
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So, how much more money are we talking about? Well, if you turned 65 today you were born on March 21, 1961. Let's say your parents had been able to invest $1000 in an S&P 500 index fund on the day you were born (hard to do, as S&P 500 index funds didn't exist yet, but for the sake of argument).
On March 21, 1961 the S&P 500 closed at $70.01. Today the S&P 500 closed at 6506.48. That's an almost 93x return over the past 65 years without reinvesting dividends or a gain of 7.22%/year. If you reinvested the dividends back into the fund and achieved the average S&P 500 return of roughly 10%/year (this figure can be found in many places on the web, feel free to verify it for yourself if you have questions) over that time frame it would be a 490x return.
So without dividends that investment would have grown to a bit under $93K and with dividends reinvested it would have grown to a bit over $490K. In other words, if you parents had been able to invest $2000 for you when you were born and had placed it in an S&P 500 index fund and you had never touched the money, you would now be just short of a millionaire without ever saving any money yourself. This is historically why you invest and in particular why you invest in a broad based US stock fund such as the S&P 500. And why, if you have children, you should be doing your best to invest for them now.
Now, as the saying goes, past performance is no guarantee of future results. The stock market could continue it's recent downturn and not recover in the lifetime of anyone reading this. The future is never certain. But history strongly indicates that's not the way to bet.
#Investing
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@James_Dixon@poa.st
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1d ago
I honestly expect independent agents like openclaw to be the future of our current AI development process:
https://www.cnbc.com/2026/03/21/openclaw-chatgpt-momen...
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https://www.cnbc.com/2026/03/21/openclaw-chatgpt-momen...
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@James_Dixon@poa.st
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1d ago
Compare and contrast to when a nigger shoves a White in NYC:
https://nypost.com/2026/03/21/us-news/usps-mailman-who...
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https://nypost.com/2026/03/21/us-news/usps-mailman-who...
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