Forum Replies Created
-
AuthorPosts
-
joec
ParticipantUnder the right stimulus, I think a perfectly sane/mind could do some pretty bad stuff.
Maybe it will be more targeted, but similar to road rage issues or people just being pissed at their situation or lot in life, a poor unconnected society leads to more of these blow ups.
I know of a divorced professional pretty ticked off at his situation who can decide to take it out.
Trying to correctly identify these things will be very hard and you will have tons of people probably locked up.
Sounds like that movie that locks people up before they commit the actual crime.
ParticipantI think AMD (used to be ATI) is just so insignificant now and needing cash infusions won’t make any programmer/developers or chip plants want to support your platform if you will be sold, not around, etc etc…long term.
They have also had layoffs and morale must be dismal.
I think they may have won some chip contracts for consoles, but don’t follow it closely at all.
I game and only use Nvidia for “imagined” better compatibility and less problems.
ParticipantNo planning needed IMO in the past.
Anyone who had good amounts of cash and purchased places from Marin down to Santa Clara in CA from the 80s-90s is sitting on triple or many times profits.
Having parents who did just that, EVERYTHING they purchased is up a lot and like LA and SD, I don’t think you had to be a rocket scientist or anything to make good money.
Back in the 70-80s, real estate wasn’t viewed as much of an investment as it is now and with prop 13, a problem for most every other state making real estate not as profitable, long term leverage gains in the bay area was an awesome asset/income/step off the rat race situation.
This is very different now with global competition and prices being what they are now.
(Not that it can’t go higher…
… or lower).
Participant[quote=poorgradstudent]If living in Temecula is a reasonable option for you, by all means, live in Temecula.
You’re right that tons of people live above their means. In my marriage I’m the one who constantly reminds my wife that we can’t afford things.
There *is* something to be said for having fun and enjoying life in your 20s with a few frivolous vacations. It sounds like you’re not married and don’t have kids yet. Enjooooy it wile you caaaaaaan (he says in a spooky ghost voice).
Prices are high right now. It’s probably a good idea to keep renting.[/quote]
I would assume most of us put 20% down when we bought? We actually put more than that since we were self employed and qualifying was hard back then. I think in this market, as a single person, you may think 250k is a lot, but there is a lot of money out there and some people also have family money so you are competing with those folks too. There is just too little supply and rentals are insanely pricey.
I agree with most of flu posts as well. I don’t even know why you’d want to buy a house, maybe your rent is high, but assuming you are single with no kids, who cares what area you really live in? When I was single, I always lived in the dumpiest places since safety is not as big of a concern for a guy and I suppose I didn’t “care” that much what other people thought about me.
I suppose to impress the ladies, you don’t want to live in a crappy place or live in a “bad area” perhaps or want own a place since that looks good when you are out competing with all the other rich guys out there with just as much money or houses or jobs.
pgs, like you, my wife and I think women in general just need to spend more money overall compared to men.
Like it was posted before, I think men just simply stop caring as much on appearances so in most studies, I think men tend to save a lot more money than women.
If I was in the OP positions, just keep socking away the bucks while you can since saving money is far far easier without kids/single/etc…
Just enjoy a little as well and try not to be too upset about what other people save/housing.
A good thing with a bigger down payment though is your payment is prob a lot lower and with how our loans are set, we’re over 50% equity now I think and our mortgage will drop to like 2k/month soon when rentals are 4k in the area.
Makes cash flow much better for us and stable housing costs too.
Course, we have kids so aren’t moving anytime soon.
Participant[quote=mixxalot]Desperate house horny buyers will get slaughtered. I figure that I can save 500K in five years then retire overseas to a nice place like Thailand or Chile rather than pay over 1MM for a crapshack and be debt for 30 years.[/quote]
This only works for single people with no kids…
I agree that if you can “fit in” in another lower cost, foreign country, that will certainly make your dollars last much much longer than here.
Some of my relatives left the US back to Asia since healthcare alone was a concern which can pretty much bankrupt anyone here.
If I was single/no kids, I’d probably try to move, but trying to find high paid work in a foreign country might not be that easy for most folks.
Participant[quote=profhoff]Nice post. I’m just trying to make sense of the market. Prices don’t seem tied to fundamentals. Not to middle income wage increases, not to high income investment returns. I don’t get it.
I currently own a home in NCCSD SW C’bad, but would like to live closer to friends and colleagues which means SB, DM area. Good luck with that.
I think we’re priced out. :([/quote]
One thing that I think people need to also accept in general is that to live in CA and if you think of a “coastal” place, those places and most places in metro CA (SF, SV, LA, SD) will never be affordable for “middle” income people.
Middle income americans weren’t meant to buy homes here at the 700-1mil min to play price when you can go to Vegas or Texas and buy a nice decent place for 200k.
I actually think we will be more like Europe and most people will just end up renting moving forward in a lot of areas in CA.
With a global economy and wealth all over the world, people who have the wealth (stocks/houses) aren’t in any rush to sell and supply is still pretty limited overall here.
Participant[quote=FlyerInHi]Joec, I have teen to some “financial independence” seminars because li’ve been invited for free. They are pretty much scams. And people who get taken are not the brightest.
You do realize that Trump cited the internment of Japanese Americans as totally appropriate? I don’t foresee war with China, but I do think that there could be skirmishes and tensions in the South China Sea. That could make Asians (who are all regarded as Chinese kinda like people view all Muslims as Arab, and they think Sihks are Muslim) very unpopular.
You should watch the documentary on Maya Lin. She was born in USA but was the target of much hatred when she won the competition to design the Vietnam war memorial. And she had nothing to do with the war. Veterans felt that an Asian architect was equivalent to a slap on their faces.[/quote]
I suppose if war were ever to happen with China, even if Trump wasn’t in the white house, I think this can happen already and even if not, ALL Asians would be hated across most of the country as much as Muslims are now. Doesn’t matter if you’re Japanese nor Korean neither.
Maybe my overall view of society/people in general is a lot worst than you (in my older age, I think I find most people are generally a**holes to begin with now…especially other drivers…dog owners are annoying too).
Not sure why, but I suppose I am a product of my environment and as mentioned in another post, maybe it’s just society (lack of trust for others), a bit of being in CA (much worst in LA), and just large town anonymous living…
Participant[quote=enron_by_the_sea][quote=joec]
My ideal scenario is we have a 4 way election.Trump with his racist republicans, Romney with the old school establishment republicans, Hillary as the establishment democrat and Bernie as the democratic socialist party all running in a 4 way battle royale! 🙂
As for all the dems coming together, having voted for Obama and NOT voting for Hillary after Bernie’s loss, I suppose I am not “coming together” for her. In CA, it probably won’t matter anyways, and if it did, I suppose I am gambling I may just get sent off to a concentration camp like my fellow Chinese people if Trump gets elected.
[/quote]Joec, if 4 strong candidates did end up running, there is a good chance that no one will win greater 50% of electoral votes (>271). If that happens, house of representatives votes to select president and senate selects vice president. So we may end up with president Trump anyway.
I feel that sometimes we need to be pragmatic and not fall into the trap of withdrawing from tough decisions or fall into the trap of making perfect the enemy of good…
Besides your vote, even in CA, matters. Winning popular vote does carry a lot of moral & symbolic value for any presidential candidate and your vote in CA does make difference to that popular vote.
(And personally I would never gamble with even 1% chance of concentration camp..)[/quote]
Good point on the electoral college issue if no one gets enough votes. I think the republicans originally thought to put Bloomberg in the election to take a few states in case it was Bernie vs. Trump…
Sorry, not going to vote for Hillary so I suppose if Trump does win, I may end up in a camp…Or leave the country, assuming we make it out in time.
ParticipantI admit I am probably a racist, but I think a lot of people are racist, but just too polite to claim they aren’t or never make so and so comments, etc…
I think Trump is an idiot and also a racists and just looking to enrich himself and say he “was” POTUS while he can.
There are probably different degrees of racism, but from knowing a few Qualcomm workers too, it sounds like that whole company has tons of racists too.
It sounds like certain races of people mostly hang and support people of their race, ever go to an Indian kid birthday party? Only see Indians. Does that make them racists?
All studies have stated that people are less trusting now than years past. This may have to do with people who aren’t the same as us moreso in the US now than in the 60s. This is probably why Japan refuses to open up immigration since it solves the lack of children/workers issues, but opens up other social problems to deal with (less caring/support for people of a diff race).
https://medium.com/@slowerdawn/the-decline-of-trust-in-the-united-states-fb8ab719b82a
Participantprofhoff, are you looking to purchase or do you own a place now or multiple places already?
What I’ve noticed the problem is for people shopping for a place renting, even though prices are elevated, compared to rents, a lot of places aren’t in crazy bubble territory according to Rich and some of his posts and analysis.
The problem is rents are insanely high.
Also, all these renters complain that everything is a bubble, but a lot of it is just wishful thinking I think.
Prices are insanely high, but many areas in SD have 1 month supply and there simply is NO building at the < 500k levels so with construction at historical low levels, rents being high, 30 days on market vs. a normal 6 months, a lot has to change before housing collapses IMO.
June 10, 2016 at 5:33 PM in reply to: OT: Does anyone have a list of local politicians that are endorsing Trump? #798601Participant[quote=FlyerInHi]Calhunter, with immigration reform, all else being equal, there will be 2 separate lines. One queue for H1-B and legal immigrants, and another queue for unauthorized immigrants to get legalized. No unfairness. The h1-b line does not move any faster under Trump’s deportation plan.
As to the rest is your post, that’s just typical right wing ideology. Essentially, you’re willing to overlook all of Trump’s flaws and consider him just like mitt Romney or another “normal” republican candidate.[/quote]
Decent post earlier…I suppose for a lot of folks, they are “voting” for a candidate based on just 1 or 2 points…that they care more about than anyone else.
As I have mentioned, I know of well educated, decently compensated nurses who are trump supporters just because of the illegal immigration issues and benefits they see at their own hospitals. I think all the other stuff that are bad, no matter how bad, is just not enough for them to care.
Oh well, nice to see someone who isn’t a blue collar uneducated hick come out and give their opinion.
I do find all the Trump supporter haters pretty annoying personally.
Again, I am not voting for Trump, but there is just so little tolerance for people to support their own candidate from Clinton supporters and as others have mentioned, if you support Trump, you are viewed as Hitler yourself almost.
Oh well, everyone will just do whatever they please since forums aren’t really to debate anyways.
Participant[quote=SK in CV][quote=FlyerInHi]Isn’t Trump university a blatant case of fraud. Any intelligent can see that. I don’t think that’s even debatable.[/quote]
I try not to pass judgment on people. But when someone says “Any intelligent (person) can see that”, about a court case where there has been zero public presentation of evidence, and very little in depth review of case, I make an exception. No. No, intelligent persons cannot see that. If you haven’t read every single pleading in the case, if you haven’t reviewed every single deposition in the case, there is no way for you to know if it was obvious fraud. Only a moron can see what hasn’t happened yet. If you weren’t a plaintiff, or at least a victim, you can’t know there was fraud. The process is in place for a reason. To determine which side is right. This case is likely to settle, and there never will be a trial available for public consumption. It’s unlikely all the documents related to the case will ever become public.
If you want to pass judgment on Trump because he’s been involved in 4,500 law suits, that makes sense. If you want to pass judgment on him because of what he’s said about the judge in this case, that makes sense. But to conclude that he’s committed fraud, based on nothing but claims of the plaintiffs, is stupid and presumptuous.[/quote]
No idea on Trump U, but agree with the above as well.
As a total scam artist also, that Rich Dad Poor Dad guy also made some decent points such as understanding US tax rules where corporate taxes vs w-2 income, real estate, etc.
Maybe Trump U actually had decent educational material (maybe it doesn’t, I don’t know), but basic real estate concepts don’t have to be outright fraud I suppose.
Like a lot of Trump stuff, he probably didn’t even do much with it since he’s more in it to sell the name “Trump” so if they said he did have a say and he didn’t, yeah, he should get punished I think…
It’s like all these other for profit schools and I think Obama is preparing another volley to shut more of them down which is a good thing.
Cutting off all federal loan funding , etc…would probably solve this problem already since no money to pay for this crap school stuff and you won’t have much students.
My ideal scenario is we have a 4 way election.
Trump with his racist republicans, Romney with the old school establishment republicans, Hillary as the establishment democrat and Bernie as the democratic socialist party all running in a 4 way battle royale! 🙂
As for all the dems coming together, having voted for Obama and NOT voting for Hillary after Bernie’s loss, I suppose I am not “coming together” for her. In CA, it probably won’t matter anyways, and if it did, I suppose I am gambling I may just get sent off to a concentration camp like my fellow Chinese people if Trump gets elected.
Hopefully, they will impeach him first if it ever came to that.
Participant[quote=enron_by_the_sea][quote=FlyerInHi]I just looked at the map of urban vs rural counties.
Clinton won where the population is more diverse, so I’m assuming Latinos, and other minorities. My intuitive tells me Latinos prefer la secretaria Clinton. Granted, Sanders has made a lot of progress, especially with native born Latinos.The polls were wrong. The race was not a tie. I was pretty confident Clinton would win california.[/quote]
What is amazing is that Hillary won San Francisco county (55-43%), Santa Clara county (60%-30%), San Mateo (61%-38%), Alameda county (54%-46%), Contra Costa county (60-40), Solano County (57%-43%), Napa County (60-40), Sonoma County (51-49) & Marin County (51-47)
I thought the above counties were the epicenter of Bernie Voters. Hillary winning them by such margins makes me think that in reality there are a lot fewer Bernie voters than what you would expect by browsing on the internet, twitter, reddit etc. Otherwise I am at loss to explain this result![/quote]
All those counties look generally wealthy. I think Bernie loss those areas since those areas see higher taxes for them being the 10 to the ultra 1%. Free college, healthcare, etc etc etc…all those areas see that they are going to be paying for it so no go Bernie.
Bernie mostly gets the college town/young vote and those could be clustered and much much smaller than the 2 person married household.
Marin? SF? San Mateo?? Santa Clara? These are all ultra or at least, upper wealthy incomes with homes all in the 1 mil+ areas or much much more (esp Marin).
All the other areas have also increased in value tremendously so I don’t see why you would even THINK Bernie would have support in those areas.
June 7, 2016 at 6:29 PM in reply to: The dire climate of CA public university admissions for freshmen #798510ParticipantThat’s the thing…Every parent wants to do the best for their kids, but like everyone has noticed, I’m sure some of you look at other people’s parenting and gasp/laugh at how things are or will turn out.
I see kids hitting their parents, some parents give tons of sugar/soda to very very young kids < 5. Parents actually letting kids assume it is their choice to do some things in life (kid's should not assume something is a right or their choice...) I see all these cases as problems down the road and even though the parents are trying and doing their "best", sad thing is you already see problems for them down the line. Even in our own family growing up, we see things that our parents did (me and spouse) that wasn't really in our interest or actually good towards long term success and this is why I think having a parent who actually KNOWS what is best helps tons. flyer, good for you things worked out so well...I have generally admired your success in life and with your kids. Good work...and good parenting from your own parents as well.
-
AuthorPosts