Recent comments in /f/explainlikeimfive

explainlikeimfive-ModTeam t1_jeev285 wrote

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Arctyc38 t1_jeeub56 wrote

The sugar in fruits isn't "good for you". It's just sugar.

Why fresh fruits are good for you is mostly due to all the things they have that aren't sugar. Dietary fiber, vitamins and minerals, moisture content, antioxidants...

The fiber especially has the effect of reducing the glycemic index and increasing your satiety response, meaning that when compared to a processed sugar-containing food, you end up eating less sugar and having it hit your bloodstream more slowly, which reduces stress on your pancreas.

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blipsman t1_jeetocb wrote

What reason did financial planner give for leasing? Because in general it costs more in the long run to lease, as you're either always paying for the highest depreciation period of car ownership or paying unnecessary additional lease fees (acquisition fees and such) if you plan to buy it out at the end anyway, plus paying higher used car financing for the purchase at lease end.

Only way I could possibly see it being beneficial is if you own a business and lease the vehicle through the business.

Except today, lease rates are sky high since vehicles are selling at or even above MSRP and interest rates are high. It's not like you can lease a BMW for $399/mo. anymore.

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everythingwastakn t1_jeetene wrote

Leasing, at least here in Canada, has some tax implications if you use it for business so all the sales guys where I used to work leased their cars to write part of it off. Plus the buy out can often be less than the used sale price so most of them would then buy it out and immediately privately sell it before leasing a new car.

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blipsman t1_jeet1v2 wrote

The debt is owned to investors who buy government bonds. Individuals can buy them, but most are owned by institutional investors like mutual funds, pension funds, insurance companies, university endowments. If the government were to default -- refuse to pay the interest or principal owed -- then investors would no longer buy government bonds and that was severely damage the government's ability to operate, throwing the entire world into economic catastrophe worse than the Great Recession.

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