Can someone explain to me why in Section 4: Functions they compute Twice by multiplying the number by three then subtracting the number once? Is it just to showcase more math, or is there a detail I'm missing?
> /*
Computes double of a number.
Works by tripling the number, and then subtracting to get back to double.
/
static int Twice(int num) {
int result = num * 3;
result = result - num;
return(result);**
Investing is inherently risky and prices ought to reflect a companies viability and performance. 401ks give a variety of options to reduce risk including money markets, bonds, and stocks in different sectors with diversification options
Just optimizing for 401ks is going about it wrong. $500b from the stimulus went to corporations, which indirectly boosts stock prices, which indirectly boosts 401ks. (unless the market still crashes). It's essentially trickle-down economics. If we wanted to improve individual's retirement savings then it would more effective to just divert more of that $500b to social security.
The stimulus packages seem more focused on ensuring that asset prices remain inflated. The idea that the average person will see any major impact from the S&P500 dropping to 2000 points is laughable.
How many people do you know that truly had their lives ruined by the 2008 crash? Allowing the markets to find a bottom and recover creates opportunities for social mobility.
The people who don't want asset prices to drop are rich people. They are the ones who own the assets.
It isn't going to be every company. It's better in the long run for the health of the market if companies' financial success correlates with their asset prices - it isn't good for investor confidence to add in an X factor of whether companies are going to have the political capital needed to get bailed out.
> /* Computes double of a number. Works by tripling the number, and then subtracting to get back to double. /