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June 3, 2022 at 10:59 PM #825869June 4, 2022 at 7:10 AM #825870CoronitaParticipant
[quote=an][quote=deadzone]I don’t have time to go through your entire dissertation on this subject, but once again it looks like you are drunk and typing random keys on your computer.
Just look at yourself in the mirror, how much of your net worth (i.e. Wealth) is tied up in RE and Stocks? Almost all of it I will go out on a limb? That would explain why you are so defensive whenever anyone brings up the topic of RE or stock market crashing.[/quote]
You literally described most, if not all, people who have any wealth in this country.[/quote]Like I said, dz gets defensive because he lacks any basic long term financial plan, and for the past 20+ years hasn’t moved his/her/their financial pillar significantly forward despite how smart he/she/they claims to be. These lack of financial focus aren’t problems for young people just starting out because they the next 20+ years to solve, incrementally over time.
But for dz, 20+years has past, and he/she/they know they blew it. If I were in his/her/their position, I too would be worried and get defensive if someone pointed out this glaring big hole in their financial plan that became a crater 20+years later.
I seriously doubt he/she/they has even bothered with simple basic stuff such as setting any retirement account : 401k/IRA/Roth/529 thinking any equity investment is too risky and think they know better than average people. He/she/they most likely missed out any tax advantage of said accounts (didn’t bother to understand them), probably missed out on any sort of free money 401k company match at previous and present employers ( do they even know what a 401k match is???)
It’s ironic, because even in the worst case scenario and he/she/they is right and the appreciation gains from house and stock is cut in half, having half of the appreciation gains is still way better than his/her/their do nothing 0% gain they managed to accomplish over the past 20 years.
Given his/her/their decisions made over the past 20+ years, I’m not sure why he/she/they think they are a shining example of how one should run one’s finances. It’s not that the his/he/their end result 20 years later was better than an average Joe six pack that just followed the basics over the past 20 years.
June 4, 2022 at 2:16 PM #825873XBoxBoyParticipant[quote=deadzone]Covid is over now for all intents and purposes. Amazon announced return to the office (3 days a week) and no longer requiring vaccine.
[/quote]Funny how things change with time. The above quote is from the very first post of this thread on Feb. 23rd. But today, Covid is more active than then, and just the other day the head of Amazon’s recruiting replied to Elon Musk’s demand that workers return to the office with this:
“If the Emperor of Mars doesn’t want you, I’ll be happy to bring you over to #AWS. If you don’t like to be micromanaged by the Elon Musk’s of the world, come to #AWSIdentity!”
June 4, 2022 at 9:02 PM #825874anParticipant[quote=XBoxBoy][quote=deadzone]Covid is over now for all intents and purposes. Amazon announced return to the office (3 days a week) and no longer requiring vaccine.
[/quote]Funny how things change with time. The above quote is from the very first post of this thread on Feb. 23rd. But today, Covid is more active than then, and just the other day the head of Amazon’s recruiting replied to Elon Musk’s demand that workers return to the office with this:
“If the Emperor of Mars doesn’t want you, I’ll be happy to bring you over to #AWS. If you don’t like to be micromanaged by the Elon Musk’s of the world, come to #AWSIdentity!”[/quote]
https://www.msn.com/en-us/news/technology/recruiters-at-major-companies-like-amazon-are-going-after-tesla-employees-angered-by-elon-musk-s-return-to-office-demand-if-the-emperor-of-mars-doesn-t-want-you-i-ll-be-happy-to-bring-you-over/ar-AAY2ynH?ocid=uxbndlbingAnd then there’s more.
https://www.businessinsider.com/musks-back-to-the-office-demand-like-something-1950s-2022-6?inline-endstory-related-recommendations=Would be interesting to see massive poaching from companies like tesla.
June 5, 2022 at 1:00 AM #825875CoronitaParticipant[quote=an][quote=XBoxBoy][quote=deadzone]Covid is over now for all intents and purposes. Amazon announced return to the office (3 days a week) and no longer requiring vaccine.
[/quote]Funny how things change with time. The above quote is from the very first post of this thread on Feb. 23rd. But today, Covid is more active than then, and just the other day the head of Amazon’s recruiting replied to Elon Musk’s demand that workers return to the office with this:
“If the Emperor of Mars doesn’t want you, I’ll be happy to bring you over to #AWS. If you don’t like to be micromanaged by the Elon Musk’s of the world, come to #AWSIdentity!”[/quote]
https://www.msn.com/en-us/news/technology/recruiters-at-major-companies-like-amazon-are-going-after-tesla-employees-angered-by-elon-musk-s-return-to-office-demand-if-the-emperor-of-mars-doesn-t-want-you-i-ll-be-happy-to-bring-you-over/ar-AAY2ynH?ocid=uxbndlbingAnd then there’s more.
https://www.businessinsider.com/musks-back-to-the-office-demand-like-something-1950s-2022-6?inline-endstory-related-recommendations=Would be interesting to see massive poaching from companies like tesla.[/quote]
Actually, based on my network of colleagues I see Amazon losing quite a few good people that went there from Intuit…Guess where they are now? Walmart.com… looks like Walmart.com.is poaching from Amazon here in SD.
June 5, 2022 at 8:58 AM #825876sdrealtorParticipantWalmart is working on a big push into eHealth. They’ll be one of the biggest providers of primary care in a few years. Amazon is also
June 5, 2022 at 9:24 AM #825877anParticipant[quote=sdrealtor]Walmart is working on a big push into eHealth. They’ll be one of the biggest providers of primary care in a few years. Amazon is also[/quote]
I thought tech is dying?June 5, 2022 at 2:49 PM #825878svelteParticipant[quote=XBoxBoy]
“If the Emperor of Mars doesn’t want you, I’ll be happy to bring you over to #AWS. If you don’t like to be micromanaged by the Elon Musk’s of the world, come to #AWSIdentity!”[/quote]
That’s hilarious! Has to be one of my favorite quotes of 2022.
And even here in San Diego back to office for tech workers is flopping very badly.
A large privately owned tech company here has tried to limit working from home to 1 day a week. Just this week the owners threw in the towel and said work from home as much as you want. They were losing too many people. Hundreds of engineers involved.
Another local company said in March that meetings were expected to be in person and then found they couldn’t even get the managers to come in! They too have backed off.
This all may change in a year or two if the pendulum swings the other way and there are more people than jobs, but return to office is a very huge flop in 2022.
June 5, 2022 at 8:31 PM #825879AnonymousGuest[quote=JPJones][quote=deadzone]I don’t have time to go through your entire dissertation on this subject, but once again it looks like you are drunk and typing random keys on your computer.
Just look at yourself in the mirror, how much of your net worth (i.e. Wealth) is tied up in RE and Stocks? Almost all of it I will go out on a limb? That would explain why you are so defensive whenever anyone brings up the topic of RE or stock market crashing.[/quote]
How have you not been shown the door yet?[/quote]
Door to what?
June 5, 2022 at 8:32 PM #825880AnonymousGuest[quote=an][quote=deadzone]I don’t have time to go through your entire dissertation on this subject, but once again it looks like you are drunk and typing random keys on your computer.
Just look at yourself in the mirror, how much of your net worth (i.e. Wealth) is tied up in RE and Stocks? Almost all of it I will go out on a limb? That would explain why you are so defensive whenever anyone brings up the topic of RE or stock market crashing.[/quote]
You literally described most, if not all, people who have any wealth in this country.[/quote]Exactly, which is why FLUs quote of “I think you might underestimate the many sources of wealth some have” was so stupid, since the main sources of wealth for nearly everyone are RE and Stocks.
June 5, 2022 at 8:42 PM #825881AnonymousGuest[quote=Coronita][quote=deadzone]I don’t have time to go through your entire dissertation on this subject, but once again it looks like you are drunk and typing random keys on your computer.
Just look at yourself in the mirror, how much of your net worth (i.e. Wealth) is tied up in RE and Stocks? Almost all of it I will go out on a limb? That would explain why you are so defensive whenever anyone brings up the topic of RE or stock market crashing.[/quote]
I understand because reading comprehension can be difficult at times.
But to your question. I’m not at all defensive, you’re the one overly defensive and trying to prove how right and smart you are. Bluntly put, this recession and inflation will not nearly affect me as much as you so i understand why you are hell bent on proving how right you are
Bluntly put, it sounds like you are so far behind building your financial house from being so pessimistic the past 20+years, it totally backfired, and now you need a miracle catch up to others that have been just inching forward slowly over the past twenty years.
It’s like the story of the tortoise and the hare, in which you thought you could outsmart the tortoise by picking some select one hit wonders, and didn’t bother to run the slow, tiny incremental race over the past 20 years that others have done to move their financial pillar forward step by step, slowly.. And now, due to poor planning on your part 20 years later, you’re seeing that the tortoise has crossed the finish line, and you haven’t even left the starting gate… So now you’re hoping for a miracle earthquake that will make the tortoise roll back to the start line, even though he already finished the race…Because even though the race has already been decided, by seeing the tortoise at the starting gate from an earthquake, somehow makes you feel like you can still win the race, in theory, despite the race is already over.
Why do you think I’m defensive about things again? I don’t need a miracle to be made whole and catch up 20 years of doing not much…. Sounds like you do…
Yes, the hard truth is: sometimes trying to be an outlier and outsmart everyone else, one ends up being dead wrong and end up in a financial dead zone for a long time.[/quote]
There you go again, trying to attack me personally just because I bring up the topic of RE and stock market crash. You and SDR are pretty much clones of each other at this point. If you guys are doing so great financially, which I truly believe you are, then why does it bother you so much that Stocks and RE may crash? Wouldn’t it be nice for the younger generation to afford houses in the future? You guys are just greedy, the “Fuck you I’ve got mine” mentality is strong.
June 5, 2022 at 10:24 PM #825882sdrealtorParticipantThe younger generation can afford houses lots of places. But there have always been places that were too expensive for most to and this place is joining that list for many including those who passed up on the opportunity of a lifetime.
The answer is it doesnt bother us, we just understand that it would hurt many good hardworking people. You are just bitter, the “Fuck you I didnt get mine” mentality is strong.
June 5, 2022 at 11:59 PM #825883CoronitaParticipant[quote=sdrealtor]The younger generation can afford houses lots of places. But there have always been places that were too expensive for most to and this place is joining that list for many including those who passed up on the opportunity of a lifetime.
The answer is it doesnt bother us, we just understand that it would hurt many good hardworking people. You are just bitter, the “Fuck you I didnt get mine” mentality is strong.[/quote]
This isn’t just a simple fuck up. As said in The Lion King. He fucked up….royally.
I mean, the fuck up isn’t missing the opportunity of a lifetime in real estate.
Sounds like a pretty big fuck up not even materially participating in any sort of tax advantaged retirement account too…for 20+ years…This isn’t just a once in a lifetime opportunity miss fuck up. This a annual subscription-based fuck up. which imho is way worse…because it’s not like.ypi can easily catch up 20+years of retirement saving and compounding in a tax advantaged way easily
June 6, 2022 at 2:12 AM #825885CoronitaParticipant.
June 6, 2022 at 2:23 AM #825884CoronitaParticipant[quote=deadzone][quote=Coronita][quote=deadzone]I don’t have time to go through your entire dissertation on this subject, but once again it looks like you are drunk and typing random keys on your computer.
Just look at yourself in the mirror, how much of your net worth (i.e. Wealth) is tied up in RE and Stocks? Almost all of it I will go out on a limb? That would explain why you are so defensive whenever anyone brings up the topic of RE or stock market crashing.[/quote]
I understand because reading comprehension can be difficult at times.
But to your question. I’m not at all defensive, you’re the one overly defensive and trying to prove how right and smart you are. Bluntly put, this recession and inflation will not nearly affect me as much as you so i understand why you are hell bent on proving how right you are
Bluntly put, it sounds like you are so far behind building your financial house from being so pessimistic the past 20+years, it totally backfired, and now you need a miracle catch up to others that have been just inching forward slowly over the past twenty years.
It’s like the story of the tortoise and the hare, in which you thought you could outsmart the tortoise by picking some select one hit wonders, and didn’t bother to run the slow, tiny incremental race over the past 20 years that others have done to move their financial pillar forward step by step, slowly.. And now, due to poor planning on your part 20 years later, you’re seeing that the tortoise has crossed the finish line, and you haven’t even left the starting gate… So now you’re hoping for a miracle earthquake that will make the tortoise roll back to the start line, even though he already finished the race…Because even though the race has already been decided, by seeing the tortoise at the starting gate from an earthquake, somehow makes you feel like you can still win the race, in theory, despite the race is already over.
Why do you think I’m defensive about things again? I don’t need a miracle to be made whole and catch up 20 years of doing not much…. Sounds like you do…
Yes, the hard truth is: sometimes trying to be an outlier and outsmart everyone else, one ends up being dead wrong and end up in a financial dead zone for a long time.[/quote]
There you go again, trying to attack me personally just because I bring up the topic of RE and stock market crash. You and SDR are pretty much clones of each other at this point. If you guys are doing so great financially, which I truly believe you are, then why does it bother you so much that Stocks and RE may crash? Wouldn’t it be nice for the younger generation to afford houses in the future? You guys are just greedy, the “Fuck you I’ve got mine” mentality is strong.[/quote]
Well, my purpose is not to primarily attack you personally. It’s merely to point out all of your inconsistencies you post here that only makes sense back to my initial claim. You post here because you have serious axe grinding issues with people who have done better than you financially for the past 20+ years, which is a lot of average Joe’s, because they weren’t the sleeping hare with investments and you are looking for validation that those were good decisions you made the past 20 years, when clearly they were not. That’s why you are so fixated on a tsunami economic event and desperately seeking validation to miraculously catch up.
Context is important here, because you badly attempt to gaslight everyone when someone disagrees with many of your posts… You accuse them of taking things defensive because they are afraid of getting financially hurt..uh no, lol we are not defensive at all because.sorry to disappoint you, we have a 20 year head start while you were sleeping
..even average joe six pack that did the basic tax advantaged IRA/401k/Roth is ahead of you by 20+years..but thanks for checking on us…I’m merely pointing out your big axe grinding bias …from falling behind financially over the past 20+ years from trying to outsmart the system, but that it blew up in face, both sitting idle and not securing a primary residence for 20+years. And also for not materially participating in the stock market for the 20+ years..
You got overly defensive when I brought that up but didn’t refute it..Is it because I’m correct why you are so defensive about it?
1. for the past 20+years of working , do you have a 401k , 403,traditional IRA and/or Roth IRA you make regular contributions to in a tax advantaged way?
2. if you don’t make regular contributions to one of the above in (1), have you even bothered to open a 401k, 403b, traditional IRA, or Roth IRA at any point during the past 20+ years of you working?
If your answer is no (1) and (2) that’s certainly your personal choice. BUT certainly glad it wasn’t mine.
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