Distribution of Wealth in SD County

[all]

[quote=AN]I just checked out BRKB’s 10 year return and it’s greater than 8% over the last 10 years. [/quote]

6.9%, taxable

[an]

Captcha, what tax rate are you using to get that 6.9%?

Equalizer, I guess the real question then is, do you foresee the rate of return being more or less than 4% over the next 15 years or not. If less, you should go out and buy a 10 years CD today. I think they’re I’m the low 4% range.

Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.

[an]

Captcha, what tax rate are you using to get that 6.9%?

Equalizer, I guess the real question then is, do you foresee the rate of return being more or less than 4% over the next 15 years or not. If less, you should go out and buy a 10 years CD today. I think they’re I’m the low 4% range.

Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.

[an]

Captcha, what tax rate are you using to get that 6.9%?

Equalizer, I guess the real question then is, do you foresee the rate of return being more or less than 4% over the next 15 years or not. If less, you should go out and buy a 10 years CD today. I think they’re I’m the low 4% range.

Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.

[an]

Captcha, what tax rate are you using to get that 6.9%?

Equalizer, I guess the real question then is, do you foresee the rate of return being more or less than 4% over the next 15 years or not. If less, you should go out and buy a 10 years CD today. I think they’re I’m the low 4% range.

Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.

[an]

Captcha, what tax rate are you using to get that 6.9%?

Equalizer, I guess the real question then is, do you foresee the rate of return being more or less than 4% over the next 15 years or not. If less, you should go out and buy a 10 years CD today. I think they’re I’m the low 4% range.

Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.

[Scarlett]

[quote=AN]
Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.[/quote]

Do you mind telling us how much you’re paying for housing?
Is your income from 2 working people or 1?
How many people/dependents in your HH?
( I am just trying to estimate your NET income – and on how big of a HH).
How much is your car payment?

I am trying to figure out in what areas of expenses we differ, to understand why I can’t save 4K, even though our HH income is more than 150K. And since you started mentioning these numbers and expenses…

thanks.

[Scarlett]

[quote=AN]
Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.[/quote]

Do you mind telling us how much you’re paying for housing?
Is your income from 2 working people or 1?
How many people/dependents in your HH?
( I am just trying to estimate your NET income – and on how big of a HH).
How much is your car payment?

I am trying to figure out in what areas of expenses we differ, to understand why I can’t save 4K, even though our HH income is more than 150K. And since you started mentioning these numbers and expenses…

thanks.

[Scarlett]

[quote=AN]
Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.[/quote]

Do you mind telling us how much you’re paying for housing?
Is your income from 2 working people or 1?
How many people/dependents in your HH?
( I am just trying to estimate your NET income – and on how big of a HH).
How much is your car payment?

I am trying to figure out in what areas of expenses we differ, to understand why I can’t save 4K, even though our HH income is more than 150K. And since you started mentioning these numbers and expenses…

thanks.

[Scarlett]

[quote=AN]
Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.[/quote]

Do you mind telling us how much you’re paying for housing?
Is your income from 2 working people or 1?
How many people/dependents in your HH?
( I am just trying to estimate your NET income – and on how big of a HH).
How much is your car payment?

I am trying to figure out in what areas of expenses we differ, to understand why I can’t save 4K, even though our HH income is more than 150K. And since you started mentioning these numbers and expenses…

thanks.

[Scarlett]

[quote=AN]
Regarding $4k saving, like I said, I doing it every month and I make less than $150k. I go on vacations, fancy dinner once a week, lux car payment, etc.[/quote]

Do you mind telling us how much you’re paying for housing?
Is your income from 2 working people or 1?
How many people/dependents in your HH?
( I am just trying to estimate your NET income – and on how big of a HH).
How much is your car payment?

I am trying to figure out in what areas of expenses we differ, to understand why I can’t save 4K, even though our HH income is more than 150K. And since you started mentioning these numbers and expenses…

thanks.

[sdcellar]

AN, I have to say the BS detector is really starting to take off, if for no other reason your troubling use of tense. You talk about various investments like something you should do, or switch to or do differently. Seems very odd for a guy who says he’s been putting $50K a year into savings and investments.

You talk about different times of good return in the market that have nothing to do with your investment timeframe. Around me, most people I know are very disappointed with their investment return over the last decade. You, being the savvy young know-it-all you are, know that past performance is no guarantee of future return, so sure, things can certainly turn around, but it’s equally (and somewhat scarily) possible that they won’t. What the market did between 1960 and 1980 doesn’t do me any good.

But again, you come off like someone who talks of financial markets who doesn’t have much skin in the game. Maybe you’ll buy some Berkshire Hathaway, maybe some DOW index. Maybe a CD. Hmmmm.

And again, you find it less than hard to save that money, but sounds like you’re living a fairly lavish (frugal) life. Nice restaurants, luxury cars, vacations and you’re saving a ton to boot. Maybe this is a case where my literal sense is doing me in. Perhaps by luxury car you mean a ’92 Lexus ES250. Maybe by nice dinner, you mean Souplantation. And that vacation is two days at Torrey Pines State Beach.

[sdcellar]

AN, I have to say the BS detector is really starting to take off, if for no other reason your troubling use of tense. You talk about various investments like something you should do, or switch to or do differently. Seems very odd for a guy who says he’s been putting $50K a year into savings and investments.

You talk about different times of good return in the market that have nothing to do with your investment timeframe. Around me, most people I know are very disappointed with their investment return over the last decade. You, being the savvy young know-it-all you are, know that past performance is no guarantee of future return, so sure, things can certainly turn around, but it’s equally (and somewhat scarily) possible that they won’t. What the market did between 1960 and 1980 doesn’t do me any good.

But again, you come off like someone who talks of financial markets who doesn’t have much skin in the game. Maybe you’ll buy some Berkshire Hathaway, maybe some DOW index. Maybe a CD. Hmmmm.

And again, you find it less than hard to save that money, but sounds like you’re living a fairly lavish (frugal) life. Nice restaurants, luxury cars, vacations and you’re saving a ton to boot. Maybe this is a case where my literal sense is doing me in. Perhaps by luxury car you mean a ’92 Lexus ES250. Maybe by nice dinner, you mean Souplantation. And that vacation is two days at Torrey Pines State Beach.

[sdcellar]

AN, I have to say the BS detector is really starting to take off, if for no other reason your troubling use of tense. You talk about various investments like something you should do, or switch to or do differently. Seems very odd for a guy who says he’s been putting $50K a year into savings and investments.

You talk about different times of good return in the market that have nothing to do with your investment timeframe. Around me, most people I know are very disappointed with their investment return over the last decade. You, being the savvy young know-it-all you are, know that past performance is no guarantee of future return, so sure, things can certainly turn around, but it’s equally (and somewhat scarily) possible that they won’t. What the market did between 1960 and 1980 doesn’t do me any good.

But again, you come off like someone who talks of financial markets who doesn’t have much skin in the game. Maybe you’ll buy some Berkshire Hathaway, maybe some DOW index. Maybe a CD. Hmmmm.

And again, you find it less than hard to save that money, but sounds like you’re living a fairly lavish (frugal) life. Nice restaurants, luxury cars, vacations and you’re saving a ton to boot. Maybe this is a case where my literal sense is doing me in. Perhaps by luxury car you mean a ’92 Lexus ES250. Maybe by nice dinner, you mean Souplantation. And that vacation is two days at Torrey Pines State Beach.

[sdcellar]

AN, I have to say the BS detector is really starting to take off, if for no other reason your troubling use of tense. You talk about various investments like something you should do, or switch to or do differently. Seems very odd for a guy who says he’s been putting $50K a year into savings and investments.

You talk about different times of good return in the market that have nothing to do with your investment timeframe. Around me, most people I know are very disappointed with their investment return over the last decade. You, being the savvy young know-it-all you are, know that past performance is no guarantee of future return, so sure, things can certainly turn around, but it’s equally (and somewhat scarily) possible that they won’t. What the market did between 1960 and 1980 doesn’t do me any good.

But again, you come off like someone who talks of financial markets who doesn’t have much skin in the game. Maybe you’ll buy some Berkshire Hathaway, maybe some DOW index. Maybe a CD. Hmmmm.

And again, you find it less than hard to save that money, but sounds like you’re living a fairly lavish (frugal) life. Nice restaurants, luxury cars, vacations and you’re saving a ton to boot. Maybe this is a case where my literal sense is doing me in. Perhaps by luxury car you mean a ’92 Lexus ES250. Maybe by nice dinner, you mean Souplantation. And that vacation is two days at Torrey Pines State Beach.

[Author]

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