People are addicted to the idea of an overlord doing something for them, even something as simple as the employer

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Feb 1, 2023
12:52:28pm

JollyGreenGiant All-American

depositing money in an investment account rather than you depositing in an investment account

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JollyGreenGiant

Previous username: Cashmeousside
Bio page: JollyGreenGiant
Joined: Mar 5, 2017
Last login: Apr 28, 2024
Total posts: 13,525 (6,511 FO)

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Messages

Author

Time

Was talking last night with a guy who owns an auditing firm...

volleyjiver

2/1/23 12:42pm

I don't think it is fair to except people in accounting to understand numbers that complex. $80,000 and $5000 are large

Baron

2/1/23 12:43pm

RE: I don't think it is fair to except people in accounting to understand

vagabonder

2/1/23 12:49pm

It’s really interesting. I had a situation where I transitioned employees to

gww687

2/1/23 12:45pm

This type of stuff happens all the time. It's totally illogical but even otherwise smart people often value

CSoul

2/1/23 12:48pm

People are addicted to the idea of an overlord doing something for them, even something as simple as the employer

JollyGreenGiant

2/1/23 12:52pm

You can still be making $80K more and still miss the extra $5K match.

Tesla Coug

2/1/23 12:55pm

This was my thought.

BLT-Coug

2/1/23 12:55pm

You can, but it isn’t logical to do so.

Ozymandias

2/1/23 12:58pm

He misses the match. He'd rather be making $85K more with a match than $80K more with no match.

Tesla Coug

2/1/23 1:05pm

Like he said, it isn't logical. And concerning perspective, this guy has none.

bulletproof

2/1/23 1:09pm

Well I’d rather make more than a $1M more than I am making now, but I can’t

Ozymandias

2/1/23 1:10pm

It makes sense if you look at it from the perspective of effort required to make that money. He gets $80k more because

supertux

2/1/23 1:15pm

He stated that folks work less and set their own schedules. If you have ever

Ozymandias

2/1/23 1:19pm

Part of that is education. Does your education train you to be a business owner

Nat Gas Man

2/1/23 1:06pm

You expect accountants to be good with numbers? It's not like they're engineers

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