Are Asians more bullish about housing in general…

[an]

[quote=flu][quote=AN][quote=carlsbadworker]Because they have no idea how much wealth they needed and how to generate sustained cashflow, so they tend to over-save (maximize 401K in both spouses’ accounts) and do nothing when inflation kicks in.[/quote]
How do you “over-save”?[/quote]

Simple, excessively contribute to a 401k, so that in your golden years you are taxed hire post retirement than during your earning years…After all, you’re forced to take mandatory distributions at a certain age. If it goes below a limit, you pay penalties, if you take distributions above a limit, you pay penalties too…[/quote]
You’re assuming the saving is in 401k. What about Roth IRA, Roth 401k, cash, houses, investments in small biz, investment in small biz that grew to mid size biz, etc.?

[jameswenn]

I think the question in the areas you’ve mentioned should be “Are Engineers more bullish about housing?”.

I’ve been around engineering for years, and engineers are smart people, but many have no clue about economics and money.

I currently implement ERP systems, and specialize in finance including payroll. I’ve seen the largest variances in pay amongst engineers. I’ve routinely seen companies where guys doing the same function, 10 years with the company, same job titles, and a group of them will make 70K and another will be at 95K.

[jameswenn]

I think the question in the areas you’ve mentioned should be “Are Engineers more bullish about housing?”.

I’ve been around engineering for years, and engineers are smart people, but many have no clue about economics and money.

I currently implement ERP systems, and specialize in finance including payroll. I’ve seen the largest variances in pay amongst engineers. I’ve routinely seen companies where guys doing the same function, 10 years with the company, same job titles, and a group of them will make 70K and another will be at 95K.

[jameswenn]

I think the question in the areas you’ve mentioned should be “Are Engineers more bullish about housing?”.

I’ve been around engineering for years, and engineers are smart people, but many have no clue about economics and money.

I currently implement ERP systems, and specialize in finance including payroll. I’ve seen the largest variances in pay amongst engineers. I’ve routinely seen companies where guys doing the same function, 10 years with the company, same job titles, and a group of them will make 70K and another will be at 95K.

[jameswenn]

I think the question in the areas you’ve mentioned should be “Are Engineers more bullish about housing?”.

I’ve been around engineering for years, and engineers are smart people, but many have no clue about economics and money.

I currently implement ERP systems, and specialize in finance including payroll. I’ve seen the largest variances in pay amongst engineers. I’ve routinely seen companies where guys doing the same function, 10 years with the company, same job titles, and a group of them will make 70K and another will be at 95K.

[jameswenn]

I think the question in the areas you’ve mentioned should be “Are Engineers more bullish about housing?”.

I’ve been around engineering for years, and engineers are smart people, but many have no clue about economics and money.

I currently implement ERP systems, and specialize in finance including payroll. I’ve seen the largest variances in pay amongst engineers. I’ve routinely seen companies where guys doing the same function, 10 years with the company, same job titles, and a group of them will make 70K and another will be at 95K.

[an]

[quote=nocommonsense]My parents are even worse. They keep telling me the million ways we’re being wasteful and how much money they would’ve saved if they had my income. Did your parents ever tell you that Flu? In a way I admire my parents for being that way. They have little demand in life and are easily content and satisfied. And they’re misers only to themselves and are extremely generous to meet others’ needs.[/quote]
My parents tell me that all the time.

[an]

[quote=nocommonsense]My parents are even worse. They keep telling me the million ways we’re being wasteful and how much money they would’ve saved if they had my income. Did your parents ever tell you that Flu? In a way I admire my parents for being that way. They have little demand in life and are easily content and satisfied. And they’re misers only to themselves and are extremely generous to meet others’ needs.[/quote]
My parents tell me that all the time.

[an]

[quote=nocommonsense]My parents are even worse. They keep telling me the million ways we’re being wasteful and how much money they would’ve saved if they had my income. Did your parents ever tell you that Flu? In a way I admire my parents for being that way. They have little demand in life and are easily content and satisfied. And they’re misers only to themselves and are extremely generous to meet others’ needs.[/quote]
My parents tell me that all the time.

[an]

[quote=nocommonsense]My parents are even worse. They keep telling me the million ways we’re being wasteful and how much money they would’ve saved if they had my income. Did your parents ever tell you that Flu? In a way I admire my parents for being that way. They have little demand in life and are easily content and satisfied. And they’re misers only to themselves and are extremely generous to meet others’ needs.[/quote]
My parents tell me that all the time.

[an]

[quote=nocommonsense]My parents are even worse. They keep telling me the million ways we’re being wasteful and how much money they would’ve saved if they had my income. Did your parents ever tell you that Flu? In a way I admire my parents for being that way. They have little demand in life and are easily content and satisfied. And they’re misers only to themselves and are extremely generous to meet others’ needs.[/quote]
My parents tell me that all the time.

[ocrenter]

FLU, on Evelyn Lin, what is up with this Chinese mainlander changing her last name to appear “Taiwanese?”

On the Asian thing, this stereotype thing is getting overplayed. Folks need to give it a rest.

On Michael Chang, yes, a brief 15 sec of fame and now in total obscurity. No worries, my Taiwanese friend is feeding his boys REAL AMERICAN CRAP so they become super giants, the 9 year old is almost approaching my height. At this rate, he’ll be in the NBA in no time.

[ocrenter]

FLU, on Evelyn Lin, what is up with this Chinese mainlander changing her last name to appear “Taiwanese?”

On the Asian thing, this stereotype thing is getting overplayed. Folks need to give it a rest.

On Michael Chang, yes, a brief 15 sec of fame and now in total obscurity. No worries, my Taiwanese friend is feeding his boys REAL AMERICAN CRAP so they become super giants, the 9 year old is almost approaching my height. At this rate, he’ll be in the NBA in no time.

[ocrenter]

FLU, on Evelyn Lin, what is up with this Chinese mainlander changing her last name to appear “Taiwanese?”

On the Asian thing, this stereotype thing is getting overplayed. Folks need to give it a rest.

On Michael Chang, yes, a brief 15 sec of fame and now in total obscurity. No worries, my Taiwanese friend is feeding his boys REAL AMERICAN CRAP so they become super giants, the 9 year old is almost approaching my height. At this rate, he’ll be in the NBA in no time.

[ocrenter]

FLU, on Evelyn Lin, what is up with this Chinese mainlander changing her last name to appear “Taiwanese?”

On the Asian thing, this stereotype thing is getting overplayed. Folks need to give it a rest.

On Michael Chang, yes, a brief 15 sec of fame and now in total obscurity. No worries, my Taiwanese friend is feeding his boys REAL AMERICAN CRAP so they become super giants, the 9 year old is almost approaching my height. At this rate, he’ll be in the NBA in no time.

[Author]

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