triptrapper
Blade Runner 2049
I agree, and we’d have to do it carefully so tipped workers continue making roughly the same as they do now.
Where I live a handful of trendy restaurants announced opened as no-tipping restaurants. They would add a 20% gratuity to every bill and claim it was used “to support a living wage and benefits” to the staff. Usually it was just sucked up into the revenue pile and used however the owner wanted.
If restaurants dropped tipping, raised their prices by 20%, and paid their staff 20% more, I would be okay with that. In the European countries I’ve visited, it seems to work just fine and food is still cheaper than where I live.
Just to emphasize the importance of low expense ratios: you don’t just lose the money you pay to the fund manager. Over time you also lose what that money could have made if it had stayed invested. Even a modest retirement fund can have an opportunity cost of $50k by the time you retire. As another commenter said, Vanguard tends to have the lowest fees.
Honestly, he hasn’t fought much in the last 8 years. His decline is 90% from alcohol and cocaine. His talent and work ethic was incredible during his rise, but after the Mayweather fight in 2017 he couldn’t resist the Scarface lifestyle he had dreamed about. It’s a sad story, not because he’s a good person (he’s not) but because he went from this athletic anomaly to a scared, weak, delusional has-been. Truly a literary tragedy.