[Coronita]

[quote=flyer]True, flu, and yet, hidden among all of your points above, are realities that will dictate the future living conditions of many people–which, I think–is what this thread is about.[/quote]

Nah, I beg to differ on that point. There’s plenty of decent sized homes in San Diego County. It’s a matter of how much you are willing to spend and where you want to live. Since there’s pretty healthy demand for these more expensive homes, there’s little incentive to build starter homes, for now. So the key would be to start small, and trade up. For anyone one with a decent education and decent career, you’ll do alright and reasonable at managing your money, you’ll do alright.

Now, if you’re someone that can’t exercise some fiscal prudence, when then that is a problem. Or if you let your skills and employability wither during your earning years, when then that is a a problem. If you don’t spend your time to manage your money beyond just sticking it in a 1%CD, well that too is a problem. People have all these variables to play with, the worst thing they could do is nothing. But then, doing nothing. well you can’t blame anyone else for that. The do nothing crowd is usually the most vocal about things being unfair.

Yes, kids, your house is more expensive that your parent’s house. Yes, kids, your parents probably can’t afford to live in the house you currently live in, because most likely their earning years are over. But no kids, some of us kids make a lot more money that our parents did…And yes kids, some even though we might make more money than our parents did, some of us also tend to spend a lot more than our parents did. So, again there’s all these variables one can play with.

[Coronita]

This thread just cracks me up.

Step 1: rant and complain
Step 2: post anecdote “evidence”
Step 3: wait for someone else to post real data disputing one’s claim
Step 4: post more anecdote “evidence”
Step 5: wait for a different person to post more real data disputing one’s claim
Step 6: find web url to something completely unrelated, to redirect attention
Step 7: get called out for the redirect
Step 8: run away and hide from this thread.

[Coronita]

[quote=spdrun]The worst are the water valves with corrugated hoses permanently attached, from the 80s. Pure junk. If you have those, replace ASAP.

Technically, your water valve doesn’t need to be welded. It needs to be soldered. Easy enough to do with a blowtorch, some flux, and some solder, but you need to get the water co to shut off the water to the house since you can’t solder a squirting pipe.

You can also get a freezing kit that creates an ice plug in the pipe further from where you will solder.

As far as the valve in future, close and open it once every month or so. That keeps deposits from building up and jamming it open or making it leak.[/quote]

I know exactly what you are talking about those old style valves. I still had a few in one of my houses. The trick to making sure those old valves never leak? Never use them…

I meant solder, not weld. But its still a pita. I do have a main water line shutoff that shuts off water to the entire property and one that just shuts off the irrigation. It’s funny both of those work just fine. Whoever decided to put this screw=type drop gate shutoff valve for the house water line, however, was a moron.

[Coronita]

Ive never had a problem with my dishwasher hose leaking. I just use a rubber hose, its not even braided. Its been like this for 18years. I replaced the dishwasher myself when I first moved in, but never replaced the original hose from the previous owner. I run my dishwasher every 3rd day so I’m not sure if using it more frequently or less frequently is better/worse for the hoses.

The leaks I have had were with water shutoff valves all over the house…The old style screw-in type shutoff valves are notorious for leaking if you don’t use them most of the time, and seem to fail in the rare cases you actually need to use them to replace a fixture.

I’d recommend for every fixture, waterline, you replace the shutoff valve if is one of the really old screw in type… Replace them with the newer ones that are quarter turn shutoff valves. They aren’t that hard to replace, but well worth it especially on older homes. The worst situation is when you have a fixture that leaks, and you try to shutoff the water line, and the valve itself is broken.
Basically, most valves are compression type fittings that sit over regular copper pipes, so it’s a matter of unscrewing the lock nut, and than screwing in the new valve tight. You’ll know if you screwed up and didn’t install it correctly, because the thing will either fall right off or leak massively.

Also , since my washer and dryer on upstairs, I’ve gotten into a habit of shutting off the water lines when I’m not using the washer, in addition having large drip tray that empties into a built drain. also i have a water sensor that is hooked up to my alarm system.

Also, if you don’t already have one, I’d get a shutoff valve installed on the water line running just into your house. If you have already have one, I’d make sure that it works. Normally, if I were to go on a short trip lasting longer than 2 days, I would just shutoff the water running into the house, and leave the water running to the irrigation systems….Unfortunately, that valve is also currently broken and doesnt shutoff (surprise surprise)…and i haven’t gotten around to replacing it. It’s a little more complicated since I think mine needs to be cut out and welded.

[Coronita]

Lol. Someone sounds a little bitter. Lol.

[Coronita]

And yes, the turd AMD is up a lot today. Lol.

[Coronita]

AMD swings to profit. Yeah…

Kinder Morgan sort of sucked .Booo…

Net effect… $0 (both pretty much cancel each other out).

[Coronita]

Ok. Went with exFat for now…. Seems to be the most compatible without the FAT32 file size limit of 4gb…Cool.

Ended up getting a Western Digital 12TB Duo, for now…
Total damage, $490 after tax.

But I’m also a shareholder, so , I’m contributing to its bottomline.

While I’m at it, I think I’m going to be building media drive so I’m think I’m going to get this and drop my old drives in there as a networked media drive.

[Coronita]

bump…

Well, looks like Qualcomm is recovering. Pretty decent quarter….

http://finance.yahoo.com/quote/QCOM

And yes, the layoffs didn’t do didly to housing inventory and house prices.

My understanding is that they didn’t need to do the full layoff, because shortly after after the layoff announcement, a lot of good/top people ended up leaving for Google, Facebook, Apple, etc. So then, they had a bigger problem of attrition. So they ended up giving some people pretty big retention bonuses just to stay.

Lol.

[Coronita]

I’m going the opposite direction… Gonna take a chance with Kinder Morgan and Chesapeake Energy, as long. Also bought Micron Tech. and holding AMD until after the earnings. I can digest a $2 drop in AMD stock with my remaining shares, and still come out a little ahead. Looking for a white knight in a probably atrocious earnings call though.

Playball AH today…

[Coronita]

I think the markets are going to rally. I think people are going to pull money out of Europe and put it in the U.S. markets. Japan already is.

I’m trying to figure out what other UK companies could be takeover targets, given a weak UK pound and a strong currency like the Japanese Yen.

I think we’ll see more actions like what happened to ARM Holdings over the next few months.

And even here, I think you’ll have folks rebalance their 401k’s such that their international holding is much less.

[Coronita]

Lol phaster. You crack me up. On one hand you’re disputing the accuracy of all those stats provided by financial institutions about their returns and how it’s not the case…And on the other hand, you’re using some of these status from the same financial institutions about market timing.

Do you enjoy just googling shit and finding whatever sticks to your position. It’s even cute how you started to use the “boldface” type to highlight 1 or 2 lines out of an entire paragraph out of context and redirect you entire discussion on something else. How BG’ish….

Man, remind me never to hang out with folks like you. It’s not that I don’t value actual insight, positive or negative. I do. It’s just I don’t understand some of you that are so fixated with your beliefs that you can’t really think objectively in the only thing that matters…. “How can I make money?”

Warning: extreme mental states at either end of the spectrum can be hazardous to your financial health.

[Coronita]

Lol… Pence is just about as far right as any old school republican lol…..

But he also supported the ACA and expanded the medicaid program in Indiana.

Lol….

[quote]
As Bernie Sanders explained in so many words when he endorsed Hillary Clinton this week, Trump’s racism obscures the fact that much of his agenda—lower taxes, less environmental, and financial regulation, and so on—is familiar conservative sop for the GOP donor class. But with the partial exception of his enforcement-only views about immigration reform, Pence doesn’t stand for any of the things Trump promises to change about the Republican Party. To the contrary, his record and Trump’s agenda contradict one another in critical ways.

Consider:

Trump opposes cuts or changes to retirement programs like Social Security and Medicare; Pence backed radical reforms to those programs, and used to criticize President George W. Bush’s Social Security privatization plan because it wasn’t radical enough.
Pence supports the trade agreements Trump deplores.
Pence supported the war in Iraq. Whatever Trump once thought of that endeavor, he now criticizes Republicans who beat the drum for it in the most withering terms.
Pence is for most purposes a doctrinaire social conservative, business conservative, and neoconservative. He opens the Trump campaign up, in other words, to the kind of attacks that doomed the Romney campaign: war on women; war on the working class; war on everyone. His greatest defenses against these criticisms are that as Indiana governor he worked with the Obama administration to expand his state’s Medicaid program under the Affordable Care Act; and ultimately turned against legislation that would have allowed Indiana business owners to discriminate against LGBT people. But these are ultimately moderate, bread-and-butter-style decisions Pence won’t want to draw attention to.
The incompatibilities don’t end there. As much as they are ideological misfits, they’re also temperamental and geographic misfits.
Pence is a bad talker. He will have to explain his deviations from Trumpism, from opposing Trump’s proposed ban on Muslim travel, to supporting the Trans Pacific Partnership, to answering for any new Trump controversy in the weeks and months ahead, and he will do badly at it. By the same token, he will do a poor job explaining his views on everything from abortion to the health impact of smoking. And when it’s all over, it’s not even clear Pence can help Trump in Indiana—a state Hillary Clinton doesn’t need to win anyway—because his popularity is under water there.
Because he is neither erratic nor corrupt—because he doesn’t amplify Trump’s worst qualities—Pence is being celebrated as a sober and steadying force for Trumpland. Someone who might even make it easier to treat the major party campaigns as equivalents. But this is the soft bigotry of low expectations.

[/quote]

[Coronita]

The thing about being an excessive doomsayer is that enables one to be financially lazy. The thought process is that since we are all doomed, let’s rationalize why it’s never a good idea or good time to invest in anything. This makes the decision process a heck of a lot easier. Do nothing, leave money in a 1%CD, and convince yourself there’s nothing better out there.

But when one sees other assets outperforming after years and years, what ends up happening is one end up spending a lot more time trying to rationalize the decision to stay out, even going as far as trying to find news clippings here and there that seem to support that position that a crash is near, all while the markets keep changing for better or worse, costing a fortune in missed opportunities.

Taking calculated risk and trying to figure out when and where, is a lot more difficult, because it takes a lot more nerves and a lot more time trying to figure out what. Shutting off the brain early is easy. You can do that anytime.

And investing in socially responsible stock is hogwash. I’ll take my nice gain in Phillip Morris, Altria, and Monsanto (which is being acquired) over any sort of socially responsible company with crappy performance anyday.

[Coronita]

Any income requirements, either upper bound or lower bound.

Fixed or adjustable?

[Author]

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