[Coronita]

[quote=SK in CV]There is virtually no numismatic value to either. They trade at a small discount (transaction cost) to spot price of the metal in the coin.[/quote]

I don’t get why US mint prices are so much higher than dealers that basically sell the same thing.

[Coronita]

[quote=spdrun]I never saw the 2008-9 recession as a storm, only as an opportunity. I was never afraid as much as detached, but my priorities were different then vs now.[/quote]

Sure. ok.

[Coronita]

Thanks everyone. I’ll pass the word along…

[Coronita]

[quote=spdrun]Agreed. I should have bought more and gone harder with stocks. But that’s a good lesson for the next “beautiful opportunity.”[/quote]

And like I said, this time it’s not really going to be different.

Because I bet when you’re in the middle of a turbulent storm, just like everyone else, your economic outlook is being challenged the exact same way AND you’ll have a sense of fear, and you’ll be one of the same exact people that despite prices already having fallen 40-50%, will think things will fall an additional 40-50%…. Because reality is, the only one that does really well in a downturn are rich people who don’t need to blink about their net worth even in a downturn.

[Coronita]

[quote=spdrun]We’ll see. It’s all a cycle.[/quote]

Well, I’m just thinking in perspective. I don’t see many people that are looking forward to a recession are oozing with a boatload of properties after the last great recession. And we probably won’t see another one of that magnitude for a long time… So….maybe this time it will be different…

[Coronita]

[quote=spdrun]Which is why we need a good old-fashioned recession in 2016. Good thing is, it will probably happen in the next 3-4 years if not earlier. Historically, the US has never gone much over 10 years between starts of recessions.

Tick.
Tock.
Tick.
Tock.[/quote]

Somehow I don’t think you would fair as well as you think….

[Coronita]

Relatively stable job market in san diego + low rates + happy stock market => people in a partying mood and not in a hurry to sell, imho…

[Coronita]

[quote=spdrun]Most people “don’t want to become a landlord, it’s too much trouble.” You’re also not thinking of people with HELOCs that are resetting, and people who are running out of options after their foreclosure was delayed by the Homeowner’s Bill of Rights.[/quote]

HAHAHAHAHA… HELOC resetting… HAHAHAHAHA…..

Yes, and those won’t be the ones pricing their homes astronomically high. Those will be the ones selling at market prices, and those are the ones that probably don’t sit 45days as active….In other words, those won’t be the ones that stay on the MLS long enough for most of us to be having this discussion.

[Coronita]

[quote=spdrun]You’re already said that your circle of acquaintances is largely self-limited :)[/quote]

Well, like I said before, striving for economic “diversity” isn’t that high of a priority in my life. But if it is for you, because it makes you feel better about yourself, and that floats your boat, go for it :).

[Coronita]

[quote=spdrun]How many people do you personally know who take selling their home lightly?[/quote]

I don’t know many people desperately selling because they have to. Come to think of it, I don’t know anyone that is desperately trying to sell. I see a lot of people probably asking for a high price to see if it sticks. And in this market, anything is possible.

[Coronita]

[quote=spdrun]

Maybe sellers aren’t in a hurry or desperate to sell… I wouldn’t be.

Most sellers aren’t the average person on this forum. If the house is on the market, they want to sell it. Either they need to move and they don’t want to be landlords (it gets a bad rap), they can’t make payments, or they want to move up. Most listings are also by broker, and brokers want to earn a commission. Therefore, there’s pressure to sell.[/quote]

If you say so.

[Coronita]

[quote=moneymaker]How many days on market today suggests unreasonable price expectation by seller? I’m thinking 45 or more. Should have made this a poll but got to leave here soon, seems like a lot of houses are lingering when there is low inventory.[/quote]

What time during the year?

[Coronita]

[quote=spdrun]Good. Lingering homes are the solution, not the problem. Time for uppity sellers to get some sense drilled into them by Mr. Market.[/quote]

Maybe sellers aren’t in a hurry or desperate to sell… I wouldn’t be.

[Coronita]

Kev, that’s the problem if you’re doing contracting gigs. They hire you only to solve an immediate problem, and often times they don’t care about quality, so it’s about cost. And you got a bunch of people who claim they know enterprise java very well and offer to do it cheaply, when in reality they aren’t that good. The entire consulting thing is just seedy, a hustling industry between recruiters and employers. Enterprise java has been around for ages, and there’s nothing really “new” about it, so you have a bunch of people that know how to do it “good enough”, and most contracting positions don’t care *that* much about quality.

It’s a completely different scenario if you are hired as an FTE by a company that values software engineering. For most contracting that is available to most people, it’s nowhere near as lucrative as having a good FTE position these days with a decent package..unless you plan on cheating on your taxes as a contractor. I say “most” contracting positions, because “most” consulting positions are cost driven, not driven because you know something exceptional that others don’t.

If you’re going to consider the bay area, I’d consider trying to get an FTE position instead of going the contracting route. Either pick a contracting position that can lead to a FTE position, or just try to get an FTE position, no matter if it kinda sucks…After about 1-2 years, you build a reputation and a resume, you can hop to a better company, and continue to build a better resume. It’s not uncommon to hop up there every 1-2 years. And then after you’ve built a credible resume, you can come back to SoCal and get a better position.

Some recruiter just contacted me about a contract enterprise senior java position here in san diego, that is open to full time employment later. I didn’t dig deeper, because I’ve left enterprise java awhile ago (though I can still do it if needed),..PM me if you want that lead. I’m not sure why recruiters keep contacting me about something I haven’t done in a few years….

[Coronita]

[quote=The-Shoveler]Better yet get a gig at google and live at the facility.

That’s my Fantasy position LOL.[/quote]

I have a buddy that I just sent to Google, because the recruiter just kept contacting me over and over again, and as much as I want to go, relocating to the bay area isn’t an option for me and my family at this point. Same goes for Apple. Otherwise, if I could get it, I’d go.

Surprisingly, he told me what numbers he was getting up there, and it’s not as *lucrative* as people think it is, even before you factor in the cost of living up there. Either that, or I’m paid ridiculously down here (which I doubt it).
That said, my current job will probably last for another 1-2 years tops, and I’ve hit my glass ceiling, and doubtful I’ll be a director any time soon….Since there are too many others vying for the same position and we’re not growing these days…So, who knows, maybe I’ll need to relocate…lol..You have the ability to move up much faster up there, or if you’re lucky, start the right startup up there and do reasonably well.

As far as all the freebies you get, it’s great when you’re young and single…But any company that offers free dinners, I’d be worried about…Because the implication is that you’ll be staying late enough to warrant a free dinner.

If you really want to work for google, talk to the recruiters that are soliciting for opportunities in OC and Venice. Amazon too in OC. Most of them have a commuter vanpool between SD and OC, so you don’t even need to really drive. One of my other friends use to take the Coaster back and forth too.

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