D e t e r m i n a t i o n @givrally - Tumblr Blog

Put your harpy girl in a harness, then attach a big rope to the harness, then take her to the park and fly her like a kite

grimoiremanifest

☝️Probrlem

lithominium

Whats the problem

grimoiremanifest

how;get down

beardedmrbean

Made the smart choice there, $52,000 a year is nothing to balk at even after taxes.

waitwhatimconfused

I love how there are so many comments that I found that are trying to imply that she is dumb for doing this. Or that our generation is stupid. But...shes 20!

Assuming that she lives to be 80, that is $3.12 million. Over triple the amount offered to begin with. All the while paying less in taxes because it is in a SIGNIFICANTLY lower tax bracket as a passive income rather than a lump sum. (Assuming this is in the US. The article I found was in Canada and they do not tax lottery income.)

So, while the goal may be to make her sound stupid, for doing this. It sounds to me like SHE is the only one who paid attention in math!

givrally

That's a pretty unfair comparison, you're only considering the time value of money for one of the two options but not the other.

That million is not (or at least shouldn't be) sitting in a bank account. It should be properly invested and out there gathering interest. And that's where the math gets more complicated, the annuity gets more input capital over time and gets interest on the existing capital, but the lump sum starts gathering interest on the full million immediately. There's therefore a chance that the annuity could "catch up" to the lump sum, or that the lump sum is simply growing too fast to catch up.

Thankfully, as it turns out, there's an easy way to go about it: If the lump sum gets more interest per year than the annuity, then the annuity can never catch up. (Rearranging the terms, it's the same as saying that the ratio of annuity to lump sum must be bigger than the expected interest rate). That's because, for every dollar you get in annuity, the lump sum will get more than a dollar in interest, so the difference between the two can only grow. The same argument reversed proves that the annuity will catch up if it's higher than the interest. It might take a long time (34 years for a 70k annuity at 6% interest), but it will happen.

In this case, I'm not sure enough about US taxes to say (and there's an argument to be made that the money is taxed at her marginal tax bracket if it's added to her income, making the rate steeper), but assuming untaxed or post-tax for both, the number to beat is 5.2%. Depending on your guess of how the next 40 years are going to go, that is either easily beatable (historical returns for broad US ETFs being in the 7-12% range) or impossible (asset meltdown hypothesis). That's where the nuance is.

Safety is another argument that sounds overwhelmingly in favor of the annuity, but where the truth is also more nuanced. You can lose the lump sum, while the annuity is paid for life... or until the lottery company goes out of business. The lump sum is yours, and only you have the ability to lose it. And if you think the lottery company isn't going out of business during your lifetime, then what's preventing you from investing part of the lump sum into it as a sure option?

The only argument that I think is 100% in favor of the annuity is psychological. A lump sum is tempting, it allows you to do bad financial decisions like buy a house or a cool new car, which even in small doses can make your interest plummet. Spend just 10% on yourself and now your 6% interest is only 54k a year, barely enough to win over the annuity. In contrast, you can be completely financially irresponsible with the annuity and lose it all on red, and it's back the next year. If the lump sum is better in a particular situation, that's only with the discipline to not spend it until it reaches the amount you set your sights on. And considering the statistics on credit card debt, a good amount of Americans most likely don't have that discipline. In contrast, the annuity can be completely lost at the casino one year, and back the next, no discipline required.

So yeah, the annuity may have been good in her case, but it's not always going to be the best, it's a lot more nuanced than just "after 60 years that's 3x more than the million"

fu-boss

Real life Road Runner

sahonithereadwolf

Looney Tunes is real and happening outside.

uncle-beanbag-mojave

85% sure I know where this is. Need to check to be 100% sure

givrally

That bird:

transmascmarypoppins

why is this post completely broken in every way imaginable

cecilsrandomeverything

Broken notes… deactivated account… removed image….

Finally, we have them all.

spacefinch

In addition: OP’s name is just… gone. No “[insert username]-deactivated[insert a bunch of numbers]” as is the standard for deactivated blogs.

Just the world “deactivated.” Look upon their post, ye mighty, and despair.

chatblancofficial

It’ll be almost impossible to find this post unless it wanders across your dash.

itsvondell-deactivated20180104

you can take one man’s trash to another man’s treasure but you can’t make it drink

stack--trace

Fun fact: the blending of idioms or cliches is called a malaphor.

My personal favorite is “We’ll burn that bridge when we get to it.”

chromalogue

I’m rather fond of “It’s not rocket surgery” and “not the sharpest egg in the attic,” but my all-time favourite is, “…until the cows freeze over.”

bowtochris

You’ve opened this can of worms, now lie in it,

the-davest-of-uncles

A horse of a different color would smell as sweet.

mornington-the-crescent

It’s all water under the dam.

An early bird in the hand is worth two worms.

Don’t put your chickens all in one roost.

givrally

A bird in the hand is worth a gift-horse in the mouth.

such-justice-wow

London has brutalist crackers

Hate them

superbeans89

The Tetris invasion has begun

such-justice-wow

Easiest game of tetris ever, theyre all line pieces

sighinastorm

is there even a paper hat

such-justice-wow

Maybe someone will go at one with a hammer and we can find out togethere

givrally

Are those Christmas decorations? What's next, a Christmas celebration in Minecraft?

sometiktoksarevalid

beardedmrbean

"it's thick, it's greasy, it's disrespectful" If I ever open a pizza place, that's going to be my motto

givrally

I love this guy, I want him as my president

#✅perfect english #✅uses french accent for fun effect and not because he can't be bothered #✅absolutely W opinion #✅He said Dominos and not Pizza Hut

facts-i-just-made-up

I heard its illegal to practice alchemy in certain states, but there's not much out there as to why. Got any ideas why?

Let’s look at two case studies to see why:

California, 1922. The alchemist Theophrastus Bombastus Paraschwarzenegger arrives in San Francisco, and sets up shop. He contributes several tons of gold to local politicians and as a result, California amends its constitution to provide protections for alchemists and their practice.

By contrast:

Utah, 1901. The Alchemical Order of the Mercury Sable is founded by several fraudulent magicians to scam the church out of $12, which in 1901 was equivalent to $789 billion today. Claiming they could make gold out of less valuable metals, they were given nearly all of Utah’s ore supply, which they promptly sold off to become rich themselves, leaving the state empty of metal and distrusting of new alchemists, who might even be able to refill the state’s supplies with their abilities. Oddly, the wording of this law also prohibits Cartoon Network from airing Fullmetal Alchemist.

So the true answer is that each state has had different experiences with the art, making it legal in 11 states, illegal in 38 states, and semi-legal in Florida, where the politicians responsible thought Alchemy was a type of alcoholic beverage and it was banned only for sale on Sundays.

i-suggest-human-transmution

i have a suggestion

facts-i-just-made-up

...Whatcha thinkin'?

i-suggest-human-transmution

you’ll never guess. i’m gonna need a lot of carbon

i-recommend-against-that

Hold up a minute, you two.

facts-i-just-made-up

Hey I didn’t do shit, that carbon isn’t even mine!

givrally

Not even mine ? Where do you think coal comes from ?

beardedmrbean

I can see ways this could go wrong, but it's a good idea in concept, just gotta flesh out the issues of things like people in the background of other folks photos that may not want to be in them and a few other things.

givrally

That last part already exists in France, it's called "image rights" and, among other things, makes dashcams largely irrecevable as evidence (so basically useless), prevents you from putting up a security camera on your home if part of it covers the street, and has been used against journalists and citizens when the photos showed something the powers that be didn't like. Because cops are entitled to privacy while on the job, obviously.

(Also you can't take photos of Paris at night with the Eiffel Tower in view for that reason, but it's not like Paris is a place you'd want to photograph anyway)

I really don't like "passing X law to combat Y" type laws. If Y is already illegal, just enforce it better, and if it's not, why aren't you making it illegal in the first place ? If the law isn't about Y, then it's just a convenient excuse.

#idk maybe I'm just too used to french policing #But this does NOT feel like a W to me #Feels like something that'll be 10% intended effect and 90% used to screw you over in ways I can't even imagine

catchymemes

spottytonguedog

This is legit the best thing I’ve read all day.

scretladyspider

Please read it, please

cartoonnachos

I will never not reblog this story

everythingfox

Embracing the moment

givrally

ned8-back-again

"Americans are so stupid about burgers" oh I'm sorry, I thought taking your national food seriously was a point of pride among people

ned8-back-again

A. No one gives a shit

B. We invented the burger, we know what a burger is. I bet your gay ass calls a chicken sandwich and a pulled pork sandwich a burger too.

Retard.

robin-hood-for-freedom

So fun fact: the 'burger' invented in Hamburg was a minced meat patty, usually served with a mushroom sauce, no bun.

The Hamburger bun was invented in America, creating the minced meat patty sandwich that most people think of when they think 'burger.'

justkillingtimeuntiltomorrow2

It also wasn't called a burger in Germany, it was called a Hamburg steak. Do you really think German, the language known for being able to craft oddly specific words, would choose a word already understood to mean 'a person from Hamburg' to describe an iteration on a food staple that shared a name with the town? Kartoffelsalat, Apfelstrudel, and Schweinebraten would like a word with you.

Shortening “Hamburg steak sandwich” to “hamburger” makes perfect sense in English, but it’s something no native German speaker of the 19th century would have done. What instead seems to have happened is Germany migrants brought the Hamburg steak to America as food item, and Americans opted to put it in sandwich form. Subsequent additions, such as cheese or other toppings, are easily traced to US origins anyway, so even if we ignore all the lead up, the modern incarnation definitely has American influence, and to deny this is to ignore typical culinary evolution - no one would suggest marinara sauce isn't Italian, even though tomatoes come from the Americas. And no one ever seems to argue that Boston Creme Pie is French because it uses custard. Cross cultural influences on food, in every other nation, are generally accepted as belonging to the nation where the changes occurred. There isn't a single fucking person on this planet who would suggest Korean Barbecue or US Southern Barbecue is a Caribbean food, even though that's where the word Barbecue COMES from, and in this case actually specifically refers to the style of cooking. Miss me with this specious 'hamburgers must be German because Hamburg' style reasoning that completely ignored semantic drift and language evolution.

givrally

You're right but I do need to point out that they do in fact have a food with the same name as "a person from Berlin". That's a pretty significant food that happened.

eretzyisrael

Good News From Israel

In the 26th Oct 25 edition of Israel’s good news, the highlights include

Two ex-hostages were presented with signed shirts by Soccer legend Lionel Messi.

Israelis are the 4th longest-lived citizens in the developed world.

France has employed an Israeli firm to track down Louvre thieves.

An Israeli autonomous system can extinguish wildfires before they take hold.

Almost every airline that had a service to Israel pre-2023, has returned.

Jerusalem takes an extra day to celebrate good news.

A letter from Assyria to Jerusalem has been read after 2,700 years.

Read More: Good News From Israel

Media claims that Israel is isolated can be disproved by quoting the articles in this newsletter. Medical giant AstraZeneca partnering Israeli startup Immunai to develop an IBD treatment. Israeli focused ultrasound treating patients in a London hospital. And breakthrough Israeli treatments approved by the US for cancer and fertility. The French President is not friendly to Israel, but his countrymen have asked an Israeli security company to help investigate the Louvre heist. The UAE have bought land in Herzliya for their permanent embassy. Thousands of Christians celebrated Tabernacles in Israel. And the UN's 52 best villages for tourists includes an Israeli kibbutz. 60 airlines are now flying to Israel. US and South Korean companies are partnering Israeli companies to make products varying from airplanes and autonomous cars, to air purifiers. And if France doesn't want to give a platform to Israeli defense companies, customers are happy to schlep to South Korea to see and buy Israeli systems. Germany, for example, has just spent 2 billion Euros with Israel's Rafael. And read how Israeli desalination technology spread across the Middle East and beyond. The photo is of our street after a sudden downpour during the festival of Sukkot. A reminder that rainfall in Israel relies on the response that our eternal partner gives to our prayers for rain.

givrally

Starting to think about applying to jobs in Israel, not only do I probably have more of a chance than in France, it would also stick it to my president multiple ways and I like that.

#and the economic outlook looks less bleak

jeusussavearmyveteran1205

beardedmrbean

Cows can be recycled, plastic coke bottles not so much.

snowie-skyes

Didn't they discover edible fungi that break down plastics?

beardedmrbean

it changes every few weeks, some big breakthrough happens and then after a few weeks crickets.

There's some pseudoscientist dude I saw on youtube bragging about making plastiline, (auto fuel out of plastic) it works but it's not a sustainable thing can't remember if it's a laws of thermodynamics things where it takes more to make it than the fuel puts out, or if it's that the fuel is just super hydrocarbon heavy or something.

Either way his deal isn't a new process, likely got some kind of twist to it, but the process is gonna be tough all around one way or the other

givrally

One problem with most "organism that can break plastic" projects besides scaling costs is that it goes against the main appeal of plastic : durability. We use plastic a lot because it doesn't mold, it doesn't rot, it doesn't leech anything, or at least we thought it didn't. But the moment you make bacteria that can break down plastic efficiently, you've essentially created a rotting machine, and once it gets out and thrives in the environment, plastic can now rot. Make fungi that eats PVC and now PVC pipes are a haven for mold.

Even if it was scalable, it would be much harder to do correctly than simply "make tons of super bacteria and release them everywhere". Just replacing the millions of miles of PVC plumbing would cost trillions in the U.S alone, and that's before the millions of homes and towns without running water, the surge in copper demand... this would be a disaster of unprecedented scale.

That's part of the reason it's going so slowly. There's of course things like scaling costs, lack of funding, the fact that PVC is especially hard to break down among plastics, and that the current state of the art can only "eat" orders of magnitude less PET than natural bacteria can eat cellulose... but there's also deliberate regulatory caution, they have to make sure their rotting machine can't survive outside a lab before they make an actual rotting machine.