mrep

I did something similar when I bought my place. Negotiated the 2.5% buyers fee to go towards closing cost. Paid for all the closing costs and my mortgage guy baked in like 4 months worth of property taxes into it to soak it all up.

They'd still happily write them for kids who can get their parents to co-sign their loan though so you'd mainly just screw over poor kids.

They have a beacon id and you are supposed to register them [0].

[0]: https://beaconregistration.noaa.gov/RGDB/registrationRequire...

You're ignoring interest rates which allow the overall price to go up while keeping the monthly payment the same and the fact that houses have gotten a lot bigger over the decades [0].

[0]: https://www.supermoney.com/inflation-adjusted-home-prices/

Sort of. The employee + employer match can go into regular 401k or roth 401k whereas the mega backdoor roth is only roth.

Thus you can put ~33,000-66,000 into roth ones and only 0-33,000 into pre-tax ones whereas if the employer match got you up to the full 66,000, you could fully customize it to pre or post tax however you like.

Each is slightly different but it amounts to $10,250 worth of match if you max it out and then you can hit the $66,000 limit through the mega backdoor roth.

Why? I have all season tires and they work fine enough when it does snow but I also don’t drive much.

When I looked into getting winter tires, I saw they generally last 60,000 miles or 6 years whatever comes first and since I only drive like 5,000 miles a year, that means I’d have to replace 2 sets of tires every 6 years instead of 1.

If I drove 20,000 miles a year though I’d definitely get them.

You know there is a wealth gini right [0] which has Sweden actually being higher than the US and Denmark 4 spots below it.

[0]: https://en.wikipedia.org/wiki/List_of_sovereign_states_by_we...

Can you explain how you envision that would work? Does the state own all capital to prevent people from accumulating capital, profiting off that and accumulating more?

Don't forget the Build Back Better Plan which got renamed to the "Inflation Reduction Act" even though the CBO estimated that the bill would have no statistically significant effect on inflation. The assholes in congress straight up lie to the American public with the names of their bills.

Yeah, wind and solar are estimated to be $42.8 and $48.8 per MWh respectively in 2023 [0].

[0]: https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#...

That would basically kill the entire rental market and force everyone who wants to move to a new place buy a place instead of having the option to rent which would make changing jobs super painful.

I moved across the country after college for a job and my brother has done that like 5 times changing jobs. Buying and selling a place is a huge pain and has an extremely high transaction cost compared to renting.

> The largest US company in 1929 had revenues of about $1.5bn - roughly $30bn in 2023 dollars, which wouldn't even put it in the Fortune 100 today. Walmart today has revenues of about $600bn, which is roughly equivalent to 6x the top 50 companies in the US in 1929 combined!

US real gdp is 10x what is was in 1947 [0] (FRED only goes back to 1947). Add in the extra 18 years and the fact a bunch of companies are now global thus expanding their markets and those revenue numbers don't look so surprising.

Also, why'd you pick the start of the great depression as your start date?

[0]: https://fred.stlouisfed.org/series/GDPC1

> If you told the banks that you will protect their business regardless of what corrupt, stupid or greedy behavior's they practice... what do you think they'll do?

That's not what the FED is doing though. They are protecting the depositors not the business. The equity holders are getting completely wiped out and most of the employees at First Republic Bank are probably going to lose their jobs so the business is definitely getting screwed.

For most Americans, the biggest debt we have is our mortgage and 90% of mortgages in the US are fixed for the entire duration of the loan so nominal cost stays the same and the real cost goes down.

Why not use a money market account? Vanguard defaults to putting any cash I move there into one and is getting 4.76% currently.

Cryogenic liquid fueled rockets don't make good standby vehicles. There is a reason they use solid fueled rockets primarily.

I tried it with my starter python interview question quite a while back and it did pretty good. Just tried it now and it totally missed half the problem but it figured that part out after I told it what it forgot to solve for.

Still had a bug though but it seemed way faster at writing the code this time than last.

I have > 500k net worth which using the 4% rule gives me 20k a year but I still work. Am I a capitol owner or working class?

Anecdote, but I was required to take an economics class in high school with the basic one being consumer economics which taught me all about personal finance.

I 100% agree with that. Companies should be barred from doing stock buybacks or paying out dividends for some time if they do layoffs.

No, the 1.5 trillion dollar number everybody loves to quote is in 2070 then year dollars and is the total cost of the program which includes design, acquisition, operations and maintenance for making and using a lot of planes (~2,300) over the next ~50 years.

Really? I grew up in the suburbs of chicago and we didn't really play in the streets. We played basketball in one of our parents driveways or at the local park and played football in one of our parents front/back yards or at the local park.

Now I live in Lake View during the summer and I haven't really seen any kids playing in the streets either.

Where are you at in Chicago and what do they play if I may ask?

Hacker news discussion on it 4 years ago: https://news.ycombinator.com/item?id=19817584

Maybe find a different company. I ski 2 hours every weekday before I start my work day.

> My stock broker and the NYSE can't secretly sell my shares and loan out the proceeds. They just hold the stock.

Not in the business so I could be wrong but I believe they can loan shares to short sellers to sell and pocket the interest but they are also regulated which turns out is important.

Yeah it's nuts here in western USA. We've gotten over 200 inches of snow here in Park City Utah and I saw like 10 dump trucks full of snow hauling it away just walking to the grocery store yesterday.

Come to Deer Valley in Park City Utah, it's only $670 a night for lodging (minimum) and 230-260 a day for passes!

Double the cost? I thought about getting winter tires but my all season tires are rated for 60,000 miles or 6 years whichever comes first. I only drive like 6,000 miles per year so getting a second set of tires means buying 2 sets of tires every 6 years.

You generally have an air conditioner though as well as a furnace and you can get those that can also work as a heat pump. Mine supposedly works as both but they only set it up for cooling and my gas furnace does all the heating :(