Even as Target posted improved earnings in certain quarters, CEO Brian Cornell’s paycheck didn’t reflect a win. Instead, it got slashed — again — thanks to
That’s just break even purchasing power.
In USA, invest $1000 at 4% earns $40. Federal and State taxes will take $10.
The remainder will be dissolved by 3% inflation. And when you go to spend it, sales tax pushes your ‘yield’ into the negative.
That’s just break even purchasing power. In USA, invest $1000 at 4% earns $40. Federal and State taxes will take $10. The remainder will be dissolved by 3% inflation. And when you go to spend it, sales tax pushes your ‘yield’ into the negative.
4% isnt the easy street it appears to be.
Yes, that’s why it’s the worst case scenario in this discussion.