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Hatfield
ParticipantThe sort of thing makes me want to throw up.
Frankly, doing a calculation and deciding to stop paying the mortgage is a scum bag move. These people need to be taken out back and beaten.
I know several people who think this way – they’re upside down so fuck it, I’m not paying anymore. One of them even has a rental unit that he’s collecting rent on but not paying the mortgage. It makes me sick. Another acquaintance lost a business, got foreclosed on, then ran out and bought a brand new Range Rover. The sense of entitlement is breath-taking.
Oops, the car is dented, I’ll stop making payments. Oops, my wife has cancer, time for a divorce.
What has this world come to?
ParticipantThe sort of thing makes me want to throw up.
Frankly, doing a calculation and deciding to stop paying the mortgage is a scum bag move. These people need to be taken out back and beaten.
I know several people who think this way – they’re upside down so fuck it, I’m not paying anymore. One of them even has a rental unit that he’s collecting rent on but not paying the mortgage. It makes me sick. Another acquaintance lost a business, got foreclosed on, then ran out and bought a brand new Range Rover. The sense of entitlement is breath-taking.
Oops, the car is dented, I’ll stop making payments. Oops, my wife has cancer, time for a divorce.
What has this world come to?
ParticipantI’m actually curious about CA muni bonds maturing in the next 6-12 months. Idea is to hold until maturity. Apparently you can get them in the 3.5-4.5% range, no state tax. What I don’t understand is the re-insurance landscape: what happens if a muni defaults, who’s the insurer, how solvent are they, etc? Awhile back I did do some research on Orange County, and when OC declared bankruptcy, the original bondholders were made whole. They didn’t lose a penny.
As for the equities market, forget it. To quote John Mauldin: “Sell in May and walk away.”
ParticipantI’m actually curious about CA muni bonds maturing in the next 6-12 months. Idea is to hold until maturity. Apparently you can get them in the 3.5-4.5% range, no state tax. What I don’t understand is the re-insurance landscape: what happens if a muni defaults, who’s the insurer, how solvent are they, etc? Awhile back I did do some research on Orange County, and when OC declared bankruptcy, the original bondholders were made whole. They didn’t lose a penny.
As for the equities market, forget it. To quote John Mauldin: “Sell in May and walk away.”
ParticipantI’m actually curious about CA muni bonds maturing in the next 6-12 months. Idea is to hold until maturity. Apparently you can get them in the 3.5-4.5% range, no state tax. What I don’t understand is the re-insurance landscape: what happens if a muni defaults, who’s the insurer, how solvent are they, etc? Awhile back I did do some research on Orange County, and when OC declared bankruptcy, the original bondholders were made whole. They didn’t lose a penny.
As for the equities market, forget it. To quote John Mauldin: “Sell in May and walk away.”
ParticipantI’m actually curious about CA muni bonds maturing in the next 6-12 months. Idea is to hold until maturity. Apparently you can get them in the 3.5-4.5% range, no state tax. What I don’t understand is the re-insurance landscape: what happens if a muni defaults, who’s the insurer, how solvent are they, etc? Awhile back I did do some research on Orange County, and when OC declared bankruptcy, the original bondholders were made whole. They didn’t lose a penny.
As for the equities market, forget it. To quote John Mauldin: “Sell in May and walk away.”
ParticipantI’m actually curious about CA muni bonds maturing in the next 6-12 months. Idea is to hold until maturity. Apparently you can get them in the 3.5-4.5% range, no state tax. What I don’t understand is the re-insurance landscape: what happens if a muni defaults, who’s the insurer, how solvent are they, etc? Awhile back I did do some research on Orange County, and when OC declared bankruptcy, the original bondholders were made whole. They didn’t lose a penny.
As for the equities market, forget it. To quote John Mauldin: “Sell in May and walk away.”
ParticipantI have to agree with the consensus here. A week ago I left SD at noon on Saturday and it took three and a half hours to get to Hollywood going up the 5 and the 101. It was hellish.
The drive generally isn’t too bad until right around Santa Fe Springs. South of there I-5 has been widened all the way down to the 405 split. But that widening comes to an abrupt halt and you’re down to three, sometimes two lanes. It’s often bad no matter which direction you’re going. Also, being a holiday weekend, it’s likely to be ugly.
405 bunches up around LAX, but the carpool lane helps a lot if you can use it. It also tends to bunch up going up into the valley, but still usually better than the 5. You can also use the toll road and skip a nice chunk of the 405 around South Coast Plaza.
ParticipantI have to agree with the consensus here. A week ago I left SD at noon on Saturday and it took three and a half hours to get to Hollywood going up the 5 and the 101. It was hellish.
The drive generally isn’t too bad until right around Santa Fe Springs. South of there I-5 has been widened all the way down to the 405 split. But that widening comes to an abrupt halt and you’re down to three, sometimes two lanes. It’s often bad no matter which direction you’re going. Also, being a holiday weekend, it’s likely to be ugly.
405 bunches up around LAX, but the carpool lane helps a lot if you can use it. It also tends to bunch up going up into the valley, but still usually better than the 5. You can also use the toll road and skip a nice chunk of the 405 around South Coast Plaza.
ParticipantI have to agree with the consensus here. A week ago I left SD at noon on Saturday and it took three and a half hours to get to Hollywood going up the 5 and the 101. It was hellish.
The drive generally isn’t too bad until right around Santa Fe Springs. South of there I-5 has been widened all the way down to the 405 split. But that widening comes to an abrupt halt and you’re down to three, sometimes two lanes. It’s often bad no matter which direction you’re going. Also, being a holiday weekend, it’s likely to be ugly.
405 bunches up around LAX, but the carpool lane helps a lot if you can use it. It also tends to bunch up going up into the valley, but still usually better than the 5. You can also use the toll road and skip a nice chunk of the 405 around South Coast Plaza.
ParticipantI have to agree with the consensus here. A week ago I left SD at noon on Saturday and it took three and a half hours to get to Hollywood going up the 5 and the 101. It was hellish.
The drive generally isn’t too bad until right around Santa Fe Springs. South of there I-5 has been widened all the way down to the 405 split. But that widening comes to an abrupt halt and you’re down to three, sometimes two lanes. It’s often bad no matter which direction you’re going. Also, being a holiday weekend, it’s likely to be ugly.
405 bunches up around LAX, but the carpool lane helps a lot if you can use it. It also tends to bunch up going up into the valley, but still usually better than the 5. You can also use the toll road and skip a nice chunk of the 405 around South Coast Plaza.
ParticipantI have to agree with the consensus here. A week ago I left SD at noon on Saturday and it took three and a half hours to get to Hollywood going up the 5 and the 101. It was hellish.
The drive generally isn’t too bad until right around Santa Fe Springs. South of there I-5 has been widened all the way down to the 405 split. But that widening comes to an abrupt halt and you’re down to three, sometimes two lanes. It’s often bad no matter which direction you’re going. Also, being a holiday weekend, it’s likely to be ugly.
405 bunches up around LAX, but the carpool lane helps a lot if you can use it. It also tends to bunch up going up into the valley, but still usually better than the 5. You can also use the toll road and skip a nice chunk of the 405 around South Coast Plaza.
Participantstiffs.com FTW:
“He touched so many…”
Participantstiffs.com FTW:
“He touched so many…”
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