3 ms·
$38k at 1% interest = $380 per year, forever. Current US Treasury rates are > 5%, meaning > $1900 per year. What is the overlap between people who have $38k dis
by somenameforme 3y ago
$38k at 1% interest = $380 per year, forever. Current US Treasury rates are > 5%, meaning > $1900 per year. What is the overlap between people who have $38k disposable, don't realize this, and also think paying $38k for a Wordpress domain lease is a good idea? I can only assume this has to be some weird publicity stunt, which is probably quite clever, because here we are talking about Wordpress.
- donmcronald 3y agoIt’s almost $2 million at 4% compounded annually. $80 million at 8%. Lmao.
- willcipriano 3y agoIf inflation is persistent throughout the decade it might end up as a better deal but its a long shot for a small payoff.
- eastbound 3y agoRe: An update about our Squatting Domains (formerly “Lifetime domains”) Dear valued customers, Due to unprecedented and frankly unforeseen inflation no really we couldn’t see that coming, we have decided that a small number of customers couldn’t be costing everyone else something, risking our whole company to go bankrupt, so we’ve decided to migrate every Squatting Domain to our new service at squatting.wordpress.com/[your account name]. Proud to offer the best customer service for a century!