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an
Participantbsrsharma, I am in the same situation minus the bank accounts part. Brokerage account is insured by SIPC, not FDIC, so I wonder how it work. If they declare bankruptcy, how easy is it to transfer the fund to a different brokerage company? Accounts I’m worried about is my IRA. Should I worry and move the money now? Seems like a possible “run of the bank”.
ParticipantJimmy, the 770k was in 2004 while the 775k one was bought in 2005. We all know there’s a big price difference between 2004 and 2005. This just come to down we’re already below mid 2004 price in SV. SD R, thanks for the pending info. There’s another one active with 2893 sq-ft listing for $749,000 – $819,000. I wonder if the guy who’s buying the 2527 sq-ft one for $875k is aware of another one but in less desire lot going for $650k. Some how, I don’t buy a $225k lot premium, but that’s just me. Also, I’m sure the $980k listing is pissed, especially when they bought it for over $1M and get the road noise since it’s right next to SV Blvd. nostradamus, I’m also watching that house as well. There’s a new one that came onto the market on River Rim Rd. listing for $589k w/ bigger lot and same size house w/ canyon view.
ParticipantJimmy, the 770k was in 2004 while the 775k one was bought in 2005. We all know there’s a big price difference between 2004 and 2005. This just come to down we’re already below mid 2004 price in SV. SD R, thanks for the pending info. There’s another one active with 2893 sq-ft listing for $749,000 – $819,000. I wonder if the guy who’s buying the 2527 sq-ft one for $875k is aware of another one but in less desire lot going for $650k. Some how, I don’t buy a $225k lot premium, but that’s just me. Also, I’m sure the $980k listing is pissed, especially when they bought it for over $1M and get the road noise since it’s right next to SV Blvd. nostradamus, I’m also watching that house as well. There’s a new one that came onto the market on River Rim Rd. listing for $589k w/ bigger lot and same size house w/ canyon view.
ParticipantJimmy, the 770k was in 2004 while the 775k one was bought in 2005. We all know there’s a big price difference between 2004 and 2005. This just come to down we’re already below mid 2004 price in SV. SD R, thanks for the pending info. There’s another one active with 2893 sq-ft listing for $749,000 – $819,000. I wonder if the guy who’s buying the 2527 sq-ft one for $875k is aware of another one but in less desire lot going for $650k. Some how, I don’t buy a $225k lot premium, but that’s just me. Also, I’m sure the $980k listing is pissed, especially when they bought it for over $1M and get the road noise since it’s right next to SV Blvd. nostradamus, I’m also watching that house as well. There’s a new one that came onto the market on River Rim Rd. listing for $589k w/ bigger lot and same size house w/ canyon view.
ParticipantJimmy, the 770k was in 2004 while the 775k one was bought in 2005. We all know there’s a big price difference between 2004 and 2005. This just come to down we’re already below mid 2004 price in SV. SD R, thanks for the pending info. There’s another one active with 2893 sq-ft listing for $749,000 – $819,000. I wonder if the guy who’s buying the 2527 sq-ft one for $875k is aware of another one but in less desire lot going for $650k. Some how, I don’t buy a $225k lot premium, but that’s just me. Also, I’m sure the $980k listing is pissed, especially when they bought it for over $1M and get the road noise since it’s right next to SV Blvd. nostradamus, I’m also watching that house as well. There’s a new one that came onto the market on River Rim Rd. listing for $589k w/ bigger lot and same size house w/ canyon view.
ParticipantThis house is relatively expensive compare to other house in Sorrento Valley. Here’s one that’s bigger at a slightly higher price: Linky.
This one is 2527 sq-ft asking for $650,000 – $690,000. Which equates to $257-$273/sq-ft. While the one you linked to is 1832 sq-ft asking for $615-674k, which equates to $335-$368/sq-ft.
ParticipantThis house is relatively expensive compare to other house in Sorrento Valley. Here’s one that’s bigger at a slightly higher price: Linky.
This one is 2527 sq-ft asking for $650,000 – $690,000. Which equates to $257-$273/sq-ft. While the one you linked to is 1832 sq-ft asking for $615-674k, which equates to $335-$368/sq-ft.
ParticipantThis house is relatively expensive compare to other house in Sorrento Valley. Here’s one that’s bigger at a slightly higher price: Linky.
This one is 2527 sq-ft asking for $650,000 – $690,000. Which equates to $257-$273/sq-ft. While the one you linked to is 1832 sq-ft asking for $615-674k, which equates to $335-$368/sq-ft.
ParticipantThis house is relatively expensive compare to other house in Sorrento Valley. Here’s one that’s bigger at a slightly higher price: Linky.
This one is 2527 sq-ft asking for $650,000 – $690,000. Which equates to $257-$273/sq-ft. While the one you linked to is 1832 sq-ft asking for $615-674k, which equates to $335-$368/sq-ft.
ParticipantMy bad, I miss read your # arenter. I didn’t know that $1k/month/child is for daycare only. If you have 2-3 kids, it does get quite expensive. I guess that’s a good thing about being close to your parents and have them help out with that kind of stuff. No one in my family have to send their kids to daycare, so I didn’t know how expensive it is.
ParticipantMy bad, I miss read your # arenter. I didn’t know that $1k/month/child is for daycare only. If you have 2-3 kids, it does get quite expensive. I guess that’s a good thing about being close to your parents and have them help out with that kind of stuff. No one in my family have to send their kids to daycare, so I didn’t know how expensive it is.
ParticipantMy bad, I miss read your # arenter. I didn’t know that $1k/month/child is for daycare only. If you have 2-3 kids, it does get quite expensive. I guess that’s a good thing about being close to your parents and have them help out with that kind of stuff. No one in my family have to send their kids to daycare, so I didn’t know how expensive it is.
ParticipantMy bad, I miss read your # arenter. I didn’t know that $1k/month/child is for daycare only. If you have 2-3 kids, it does get quite expensive. I guess that’s a good thing about being close to your parents and have them help out with that kind of stuff. No one in my family have to send their kids to daycare, so I didn’t know how expensive it is.
Participant“1000/kid/month is above average even for infants. As kids grow older, they get cheaper.”
I totally agree. It’s all relative to how much you want to spoil your children. For the basic needs, it shouldn’t cost that much. I know families who don’t make all that much but can afford 4 kids and a house and able to save. They might not get all the luxury stuff but the kids don’t feel like they’re missing on anything they need to have either. It’s really how you raise your kids.
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