Let Them Eat Cake🍃 Treasury Bill
TL,DR: Like lettuce, lacking substance Treasury Bills / Lettucelacking substanceshort lifespansafe and mildly nutritiousEatamology “T-Bills” or “Bills” for short refer to the hard copy form of these bonds, which looks very much like a dollar bill, and which was created by President Hoover at the start of the Great Depression to raise money for the government when tax income dropped dramatically. The Department of the Treasury, a division of the Executive Branch (which is controlled by POTUS),...
Let Them Eat Cake🚶Who are you?
TL,DR: Choose suitable investments based on your goals and risk tolerance. “Pete Townshend was conflicted because he feared The Who had sold out, and seeing The Sex Pistols, who were icons of rebellion, exacerbated him even more. Pete left that bar and passed out in a random doorway in Soho (a part of London). A policeman recognized him ("A policeman knew my name") and being kind, woke him and told him, "You can go sleep at home tonight (instead of a jail cell), if you can get up and walk awa...
Let Them Eat Cake☀️ ESG
TL,DR: ESG designations are labels meant to indicate ethical products ESG | Organic, Non-GMO, Ethically SourcedLike organic, non-gmo, and ethically sourced marketing labels, ESG labels are applied when a company allegedly meets regulatory standardsCan be related to the product itself, or associated impacts from the productEatamology “ESG” stands for environmental, social, and governance. It’s a broad and sometimes subjective label that attracts investors concerned about outcomes and ethics in...
Helping future investors understand finance and crypto using digestible analogies. I hope you brought your appetite. Not a financial advisor
Let Them Eat Cake🍃 Treasury Bill
TL,DR: Like lettuce, lacking substance Treasury Bills / Lettucelacking substanceshort lifespansafe and mildly nutritiousEatamology “T-Bills” or “Bills” for short refer to the hard copy form of these bonds, which looks very much like a dollar bill, and which was created by President Hoover at the start of the Great Depression to raise money for the government when tax income dropped dramatically. The Department of the Treasury, a division of the Executive Branch (which is controlled by POTUS),...
Let Them Eat Cake🚶Who are you?
TL,DR: Choose suitable investments based on your goals and risk tolerance. “Pete Townshend was conflicted because he feared The Who had sold out, and seeing The Sex Pistols, who were icons of rebellion, exacerbated him even more. Pete left that bar and passed out in a random doorway in Soho (a part of London). A policeman recognized him ("A policeman knew my name") and being kind, woke him and told him, "You can go sleep at home tonight (instead of a jail cell), if you can get up and walk awa...
Let Them Eat Cake☀️ ESG
TL,DR: ESG designations are labels meant to indicate ethical products ESG | Organic, Non-GMO, Ethically SourcedLike organic, non-gmo, and ethically sourced marketing labels, ESG labels are applied when a company allegedly meets regulatory standardsCan be related to the product itself, or associated impacts from the productEatamology “ESG” stands for environmental, social, and governance. It’s a broad and sometimes subjective label that attracts investors concerned about outcomes and ethics in...
Helping future investors understand finance and crypto using digestible analogies. I hope you brought your appetite. Not a financial advisor
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TL,DR: Like applesauce, a way of spoon feeding products to the elderly
Annuity / Homemade Applesauce
requires an upfront investment to fund the product
eventually used to spoon-feed your grandparents
Eatamology
“Annuity” is a derivative of the latin word for “year”, named after the yearly payments received by annuity holders during the pay-out period. Financials Annuities are financial products for retirees and the elderly, which brings to mind applesauce, a healthy and palatable mush. To set receive money from an annuity, you must first deposit money into the product, which happens during the “pay-in” period. This involves a series of upfront payments to the annuity provider, typically an insurance company, who will bundle the payments with other contributions and make large long term investments. During the pay-out period, the provider sends yearly payments to the product holders for the remainder of their lifetime. Contracts can be fixed, meaning the value of each annual payment remains static, even if the underlying investments do extremely well or extremely poorly. Contracts can also be variable, in which case the size of annual payments depends on the investment performance.
Early Withdrawal Like taking too big of a bite and spilling applesauce all over your fine linens, extracting a lump sum from the annuity can cause a excess fees for product holders. Since annuity providers already charge exorbitant fees to manage the payout on these products, lump sum withdrawals are not advised.
Nutrition Facts Tax Status: Gains are Taxable, first in, last out Investments are made post tax, unlike traditional retirement accounts
TL,DR: Like applesauce, a way of spoon feeding products to the elderly
Annuity / Homemade Applesauce
requires an upfront investment to fund the product
eventually used to spoon-feed your grandparents
Eatamology
“Annuity” is a derivative of the latin word for “year”, named after the yearly payments received by annuity holders during the pay-out period. Financials Annuities are financial products for retirees and the elderly, which brings to mind applesauce, a healthy and palatable mush. To set receive money from an annuity, you must first deposit money into the product, which happens during the “pay-in” period. This involves a series of upfront payments to the annuity provider, typically an insurance company, who will bundle the payments with other contributions and make large long term investments. During the pay-out period, the provider sends yearly payments to the product holders for the remainder of their lifetime. Contracts can be fixed, meaning the value of each annual payment remains static, even if the underlying investments do extremely well or extremely poorly. Contracts can also be variable, in which case the size of annual payments depends on the investment performance.
Early Withdrawal Like taking too big of a bite and spilling applesauce all over your fine linens, extracting a lump sum from the annuity can cause a excess fees for product holders. Since annuity providers already charge exorbitant fees to manage the payout on these products, lump sum withdrawals are not advised.
Nutrition Facts Tax Status: Gains are Taxable, first in, last out Investments are made post tax, unlike traditional retirement accounts
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