71 ms·

This isn't true on the span of a single year due to market volatility.

• sidlls 10y ago
  The $5k bump has to be figured over more than one year, unless of course it's an instant raise.
• Zombieball 10y ago
  I think sidlls is really pointing out the present/future value of money calcations. It's 100% accurate if you invested in a flat rate, guaranteed interest, investment.
• deleted 10y ago
  [deleted]
• rexreed 10y ago
  I'm assuming the commenter is referring to interest on savings. Which of course is quite laughable these days.
  • vram22 10y ago
    Why is it so low? I think I read it happened after the 2008 recession, but why so low, and still? seems extra unusual.
    • rexreed 10y ago
      Quantitative Easing and the US Fiscal policy. Look it up.
      • vram22 10y ago
        Thanks.