Tag: investments

Thoughts and questions

On By Luther M. SilerIn Politics, video games5 Comments

I’ve got a few things rattling around in my brain, none enough for a whole post, so let’s just toss all three of them together. Why not, right?

FIRST: That game up there? Was crafted deep in the bowels of Hell, on the lower foothills of Mount Sonofabitch. I just beat the game’s third major boss tonight, after, no shit, probably five or six hours of attempts and farming over the last few days. The recommended level for his area? Seventeen. My level when I finally took him down about half an hour ago? Forty-five. And the next area promptly beat the shit out of me again.

SECOND: You may have heard the godawful fucking story about the people Trump effectively sold as slaves to El Salvador, including a number of them who were accused of no crime at all other than being brown. Now, before I ask this, I want to be crystal fucking clear that this is horrible and the people responsible should rot in Hell. Okay? We’ve got that? Everybody understand? Good. Because while I’m having some trouble untangling the court cases, what with not being a lawyer and all, it looks like a judge ordered the government to produce one of the men involved by midnight tonight? And there may or may not be a temporary stay on that order, or maybe SCOTUS just overturned it, I dunno, it looks like things changed while I was playing video games. But here’s my question: Does the court, any court, have the ability to order other entities to do literally impossible things? Because part of the whole point of selling these men to El Salvador was to put them beyond the reach of US courts. Short of invasion, which Trump obviously isn’t going to do, we don’t really have a way to compel El Salvador to return any of these people, and certainly not to do so in the next three hours and eighteen minutes. The judge has no jurisdiction. Again, yes, I recognize that there’s something horrible about taking the situation these human beings are in and reducing it to a legal hypothetical, which is part of why I’m doing it on my blog and not, say, BlueSky– but does anyone actually have any authority to compel this to happen right now? The courts can order the government to do shit all they want. What happens if they just … can’t?

THIRD: I don’t remember the goddamn third thing. Fuck. I’ve had this post in the back of my head all day and now that it’s time to write it Thing Three is gone.

…

Right, shit, the economy went to hell today too. So I, personally, with very modest investments in, until yesterday, the low (very low) five figures, have lost about a thousand bucks in the last few days. I do not expect things to get better anytime soon, for obvious reasons. I have been contributing a couple hundred a month to an account managed through MetLife that I deliberately rarely look at, and $100 a week to an Acorns account that I monitor perhaps more carefully than I ought to. Yesterday I reset a bunch of stuff on Acorns so that now that $100 a week goes directly to my savings account and is not invested in anything. My understanding of how this works is even if the value of individual shares of a given stock are falling, buying more of them means a faster theoretical recovery later on, since I’ll own more stock, assuming that the companies I’m investing in don’t go under, in which case that money is just gone. But if I think it might be years before the market recovers– and I do– isn’t there more value in socking that money away into a savings account, where it’s not going to just vanish? Or at least is much less likely? The interest rate is going to be a lot lower but at least it’ll be positive.

Help me out if you know anything about investments. I’m sure there are better ideas than the binary I’ve set up here, but if you’re going to give advice at least tell me which of those two is a better idea right now before telling me about your third thing, okay? Thanks.

On the unimaginable

On By Luther M. SilerIn TeachingLeave a comment

Nevin Longenecker, my freshman Biology teacher, passed away last week. I was surprised to realize, when I checked, that Mr. Longenecker was not among the teachers who I dedicated Searching for Malumba to. I can sort of reconstruct my logic; every high school teacher I mention on that list was someone who I spent at least multiple years if not all four years of high school with, and I only had the one class with Mr. Longenecker. Among his many accomplishments as an educator was his senior Research Biology seminar, an opportunity that several of my friends participated in and which, over the years, generated literally millions of dollars in research grants. I was not planning on a career in the sciences, so I was not part of that seminar, and Mr. Longenecker’s direct role in my education ended after my freshman year. He was, regardless, one of the finest educators I ever had the pleasure of being in a classroom with.

He started teaching at my high school in 1968. And Adams wasn’t his first school. He taught for sixty-four years in total, and never actually retired, although my understanding is that health reasons prevented him from starting this school year. He started that research program in 1976, the year I was born.

Sixty. Four. Fucking. Years. I am a grown-ass man with white hair and I have sixteen years to go before I have lived as long as he was a teacher. Fifty-six years at the same school, and I’d bet money that he was still in the same classroom that he occupied when I was there. I’m trying to imagine the pressure of being the next person to move into that room and I can’t do it.

The phrase “rest in peace” has had all the edges rubbed off of it by years and years of use, but I cannot imagine someone who deserves more peace and rest than someone who taught high school for six and a half decades.

Meanwhile, and the reason this isn’t headlined as an RIP post, I logged into my pension website and was greeted with, I believe for the first time, an indication that I was hitting my “retirement goals.”:

I don’t know who generated that $3533 number, for the record, or how or if it’s slid around during my years as an Indiana teacher, but this is the first time that dollar bill has been entirely orange. I don’t want to hear shit from anybody about how bad the economy’s doing; apparently my retirement account is up sixteen percent this year, which is ludicrous. I can’t even move that “might return” slider far enough to the right to account for sixteen percent increases (and, okay, I know it’s not going to last forever, too, but still.)

Anyway, I was happy for a minute, until I saw that retirement age.

68? Sixty-eight? Sixty-eight???? Shit, I’m not even going to be alive at 68 much less wait that long to retire. It turns out that if I play with that slider I can earn an impressive $55 a month if I retire next year, and the magic number appears to be 62, where the orange bar makes a big jump over to the right. That’s still fourteen years out, which feels kinda crazy.

I learned all of this and had all of these thoughts before learning of Mr. Longenecker’s passing. There’s no obituary yet and I’m not sure when he was born, but if he started teaching straight out of college he’d have to have been at least 85. The craziest thing is he was the teacher with the second longest tenure in the district. As far as I know, Bev Beck is still in the classroom.

(For giggles, take a look at the article linked on that page about the “80-year-old teacher” suing the district for age discrimination, and then look at the date on the article.)

I will, nonetheless, not be aspiring to equal either of those people’s feats. That said, I probably ought to start buying lottery tickets.

Some realizations

On By Luther M. SilerIn life2 Comments
  • First, that it is 7:30 PM, and I probably ought to blog today;
  • Second, that I am officially closer to retirement than I am to college, even assuming I wait to 65 to retire;
  • Third, that my student loans are due to be paid off four years prior to said 65th birthday, which should be a crime;
  • Fourth, that even if the notion of living another 20 years much less teaching for that long is difficult to wrap my head around, I probably ought to take this retirement thing seriously since I have, y’know, a wife and child in the mix now.

In case you can’t tell, I met with a retirement … dude, of some sort, at work on Friday, and several mortality-confronty sorts of things were discussed, and then this weekend I managed to keep my shit together long enough to dig through the folder that I throw anything even vaguely investment-related into and find not one but two different investment-related accounts that appear to no longer be receiving active contributions; I did some strategic scanning and sent them off to The Dude with a note attached that basically said I don’t know any of the money words, please help and we will see if anything happens. I have never really believed in retirement, to be honest; not in the sense that I don’t want to eventually quit working– I want to quit working now— but in the sense that I suspect any money I “invest” in my “future” will be stolen or siphoned off somehow before I’m able to actually benefit from any of it.

Today also included mowing, putting all my laundered clothes away like a big boy, finishing a book, starting another one, getting my grading done, writing a number of important emails, and a couple of videos recorded for The YouTubes. All in all, not bad for a Sunday.