RE: Time Value of Money

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RE: Time Value of Money

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fullcoverbetting in TradFi • 6 days ago (edited)

Good luck with the new community. Unfortunate, not my cup of tea. When I do post about financials, it is gambling or how I try to save more money then I spend. That last one it for some reason in some months harder then it looks.

The best investment we made, was buying or house and have a fixed mortgage. Then money we do pay now, has less value then we did start paying of the debt. 5 more years to go and then we are mortgage free. Only 60 down payments and more or less each payment is cheaper by the month.

When I read the title, I was thinking that the article would be about the time investigated to earn money. More or less a ROTI (Return On Time Investment) if that does exist. Because then I do suck at it, certainly here on Hive :)

6 days ago in TradFi by fullcoverbetting

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hurtlocker 6 days ago

how I try to save more money then I spend

I mean I think that meets the rules to post in here. There are a lot of rules though so idk without seeing the post.

Only 60 down payments and more or less each payment is cheaper by the month.

Congrats! I think refinancing is overrated and most people would be better off with less debt. Debt is stressful, it's like a 2nd job managing it if you have a lot so I try to be careful when I take loans myself (even if the loan makes financial sense it does not always make sense for my sanity lol).

Return on Time Invested (ROTI) sounds like what you are referring to. But that is less technical and more subjective. You could apply your implied hourly rate to what you do and see if it is worth it vs working more. But most people are limited to how much they work and having fun is valuable even if we cannot put a price tag on the fun part of our experience.

Present Value and Future Value just helps you make decisions between investment decisions. I am not sure there is a lot of value on Return on Time Invested unless you are using it to see if you are wasting time. But wasting time is very subjective. Work hard play hard is a saying for reason. What is the point of making money if we never enjoy it? (That is rhetorical of course 😊). Nice seeing you here, hope you have a good week!

Comment Content Creators are welcome to apply for membership by the way. You leave good comments so I think you would be a good fit if you enjoy leaving these comments.

Cheers!

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fullcoverbetting 6 days ago

I indeed can comment in that community and see if it does give me some ideas for a post.

Have a great week!

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hurtlocker 6 days ago

I can add you as a member so at least you are eligible for TradFi-Curator upvotes on your comments. Just let me know if you want to be added!

I think we are limited to 100 members in the community so I do not just add people for this reason. Also, I do not just add anyone.... even if they are a whale 😊

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fullcoverbetting 6 days ago

Let’s give it a shot and add me.

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hurtlocker 6 days ago

Wahoo!

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