Forum Replies Created
-
AuthorPosts
-
(former)FormerSanDiegan
ParticipantSo, the unit in question ‘cash flows’ at about 260 x rent with 20% down. Does that make sense to you?
Why use a rule of thumb (price as a multiple of rent) when the numbers are all laid out already.
Rules of thumb do not account for progressive tax rates or the loss of those breaks at the point where the standard deduction exceeds itemized.
A break-even analysis for rent versus buy is completely different for someone buying making 60K compared to someone making 130K. Therefore the ratio of price to rent at which renting and buying are equivalent on a monthly cash flow basis are significantly different, depending on income levels. Thorough analysis trumps rules of thumb.
ParticipantI started a 529 plan for my youngest when she was 6 months old. Automatic payments $100 monthly. It currently amuonts to about $7700 last I looked (well maybe about 7000 after the past few weeks). The cumulative earnings today over the past 5 years is about the same as a savings account (almost zero).
But at least it has been pain-free. Never missed the 100 bucks once I started. I expect that gains going forward over the next decade might outpace a savings account.ParticipantI started a 529 plan for my youngest when she was 6 months old. Automatic payments $100 monthly. It currently amuonts to about $7700 last I looked (well maybe about 7000 after the past few weeks). The cumulative earnings today over the past 5 years is about the same as a savings account (almost zero).
But at least it has been pain-free. Never missed the 100 bucks once I started. I expect that gains going forward over the next decade might outpace a savings account.ParticipantI started a 529 plan for my youngest when she was 6 months old. Automatic payments $100 monthly. It currently amuonts to about $7700 last I looked (well maybe about 7000 after the past few weeks). The cumulative earnings today over the past 5 years is about the same as a savings account (almost zero).
But at least it has been pain-free. Never missed the 100 bucks once I started. I expect that gains going forward over the next decade might outpace a savings account.ParticipantI started a 529 plan for my youngest when she was 6 months old. Automatic payments $100 monthly. It currently amuonts to about $7700 last I looked (well maybe about 7000 after the past few weeks). The cumulative earnings today over the past 5 years is about the same as a savings account (almost zero).
But at least it has been pain-free. Never missed the 100 bucks once I started. I expect that gains going forward over the next decade might outpace a savings account.ParticipantI started a 529 plan for my youngest when she was 6 months old. Automatic payments $100 monthly. It currently amuonts to about $7700 last I looked (well maybe about 7000 after the past few weeks). The cumulative earnings today over the past 5 years is about the same as a savings account (almost zero).
But at least it has been pain-free. Never missed the 100 bucks once I started. I expect that gains going forward over the next decade might outpace a savings account.ParticipantI’m dollar cost averaging into this market. Started in the early 1990’s, addicted to it. Can’t stop.
ParticipantI’m dollar cost averaging into this market. Started in the early 1990’s, addicted to it. Can’t stop.
ParticipantI’m dollar cost averaging into this market. Started in the early 1990’s, addicted to it. Can’t stop.
ParticipantI’m dollar cost averaging into this market. Started in the early 1990’s, addicted to it. Can’t stop.
ParticipantI’m dollar cost averaging into this market. Started in the early 1990’s, addicted to it. Can’t stop.
ParticipantBusiness cycle phasing (US hits bottom first and presumably recovers first while rest of world lags), or anticipation thereof would tend to lead to dollar strength at what intuitively should be a weak point in time.
The dollar simply sucks less than the currencies it is being compared to (e.g.Euro). The U.S. is much further along in this down cycle/recession than the rest of the World (which until a few months ago was assumed by many to be “decoupled”).
ParticipantBusiness cycle phasing (US hits bottom first and presumably recovers first while rest of world lags), or anticipation thereof would tend to lead to dollar strength at what intuitively should be a weak point in time.
The dollar simply sucks less than the currencies it is being compared to (e.g.Euro). The U.S. is much further along in this down cycle/recession than the rest of the World (which until a few months ago was assumed by many to be “decoupled”).
ParticipantBusiness cycle phasing (US hits bottom first and presumably recovers first while rest of world lags), or anticipation thereof would tend to lead to dollar strength at what intuitively should be a weak point in time.
The dollar simply sucks less than the currencies it is being compared to (e.g.Euro). The U.S. is much further along in this down cycle/recession than the rest of the World (which until a few months ago was assumed by many to be “decoupled”).
-
AuthorPosts
