Category: greg schad

The Eye of the Needle Doesn’t Mean What You Think

The Eye of the Needle Doesn’t Mean What You Think

The popular belief that the “Eye of the Needle” refers to a small gate in Jerusalem is a myth with no archaeological or historical evidence from the first century. This interpretation, known as the “gate theory,” is a late fabrication that did not appear until the 11th century. Scholars and theologians overwhelmingly agree that Jesus …

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I Put $50,000 Into 5 Investments — The $1,955 Difference Shocked Me

I Put $50,000 Into 5 Investments — The $1,955 Difference Shocked Me

Plan A: The phrase “$1,955 difference shocked me” likely refers to the annual income generated by investing $50,000 at a 4% yield, which equals $2,000 per year (with $45 being the difference if calculated differently or accounting for fees/taxes, or simply a misremembered figure for $2,000). According to financial guides on investing $50,000, a 4% …

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