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kewp
ParticipantMy model for airport security.
1. Separate crew compartment from passengers. Like Israel does.
2. No searches, metal detectors or carry ons. You are allowed to walk on the plane with one personal item.
3. All bags must be checked and screened.
4. Strict policy of no negotiation with terrorists.
ParticipantI am considering relocating to San Diego from Oregon. However, I am concerned about the illegal alien situation. Is it a safe place to live? I do not want to live in a hostile atmosphere.
I live in Hillcrest (uptown) and crime is definitely an issue. I was mugged a few years ago and witnessed a stabbing of an elderly couple just a few blocks from my apartment. The gay community hires private security guards to patrol the streets.
We have lots of military, migrants and homeless, so yeah it can be downright hostile at times.
ParticipantI am considering relocating to San Diego from Oregon. However, I am concerned about the illegal alien situation. Is it a safe place to live? I do not want to live in a hostile atmosphere.
I live in Hillcrest (uptown) and crime is definitely an issue. I was mugged a few years ago and witnessed a stabbing of an elderly couple just a few blocks from my apartment. The gay community hires private security guards to patrol the streets.
We have lots of military, migrants and homeless, so yeah it can be downright hostile at times.
ParticipantGreat analysis, freefall!
I’ll agree, I’m more interested in the all the fraud and funny money washing out of the game first. I’m less hung up on price.
ParticipantGreat analysis, freefall!
I’ll agree, I’m more interested in the all the fraud and funny money washing out of the game first. I’m less hung up on price.
ParticipantNot to mention, how many baby boomers in management are outsourcing all of the GenX’ers jobs overseas? Not to mention flat wages, loss of benefits and uncompensated overtime for those that are left.
ParticipantNot to mention, how many baby boomers in management are outsourcing all of the GenX’ers jobs overseas? Not to mention flat wages, loss of benefits and uncompensated overtime for those that are left.
ParticipantSo I ask those who are older, wiser and more experienced. . . . was it always this difficult to do things the “right way” or is it just me?
It’s just you. I light cuban cigars with $100 bills while chugging Christal with the other piggingtons.
All kidding aside, not its not at all just you. There was a study recently that males in their 30’s are first generation since the Great Depression to be worse off than their parents. Wages are flat and the cost-of-living is skyrocketing due to inflation. You and I are doing better than the median and its indeed difficult to make ends meet whilst still being financially responsible.
Anyways, here’s my advice. First, let go of the American ‘dream’ of home debtorship. It’s a ponzi scheme to scam you into buying shitty stucco boxes at a 200% markup. Or, really, selling yourself into indentured servitude to a bank in exchange for the privilege of living on their property. The general public will figure this out over the next few years and prices will retract accordingly.
Next, looking at your budget I’ll suggest moving somewhere closer to work that is cheaper (if possible) and taking public transportation or walking/biking. Don’t forget there is maintenance with the mileage. Look into cheaper insurance as well, especially if you don’t drive much.
Also, drop the charity. If you want to make a difference, donate your time. The vast majority of money that goes to charity ends up funding administrative infrastructure. Might want to cut down on groceries too, try going vegan a few days a week. It’s healthier and will save you money, both at the market and the doctors office.
My financial goal is 1/3 housing and related expenses (rent, utilities, internet), 1/3 debt reduction or savings/investment and 1/3 for everything else. I’m almost there, once I cancel digital cable (basic + dual-tuner Tivo is a rad combo!) and get my promotion and equity increase in August I’ll be hitting these numbers almost exactly.
My mid-term goals are stable, recession-resistant employment in a job I enjoy, great benefits, no commute (no driving at least) and to be debt-free by 2009. A house isn’t even on the radar at this point. If I can buy something when I have a down payment and it fits my budget, I may do that. Otherwise, I have no problem with renting.
Long term, same deal but plan on making over 100k within 5 years. Maybe return to private sector if I’m confident in a stable economy.
ParticipantSo I ask those who are older, wiser and more experienced. . . . was it always this difficult to do things the “right way” or is it just me?
It’s just you. I light cuban cigars with $100 bills while chugging Christal with the other piggingtons.
All kidding aside, not its not at all just you. There was a study recently that males in their 30’s are first generation since the Great Depression to be worse off than their parents. Wages are flat and the cost-of-living is skyrocketing due to inflation. You and I are doing better than the median and its indeed difficult to make ends meet whilst still being financially responsible.
Anyways, here’s my advice. First, let go of the American ‘dream’ of home debtorship. It’s a ponzi scheme to scam you into buying shitty stucco boxes at a 200% markup. Or, really, selling yourself into indentured servitude to a bank in exchange for the privilege of living on their property. The general public will figure this out over the next few years and prices will retract accordingly.
Next, looking at your budget I’ll suggest moving somewhere closer to work that is cheaper (if possible) and taking public transportation or walking/biking. Don’t forget there is maintenance with the mileage. Look into cheaper insurance as well, especially if you don’t drive much.
Also, drop the charity. If you want to make a difference, donate your time. The vast majority of money that goes to charity ends up funding administrative infrastructure. Might want to cut down on groceries too, try going vegan a few days a week. It’s healthier and will save you money, both at the market and the doctors office.
My financial goal is 1/3 housing and related expenses (rent, utilities, internet), 1/3 debt reduction or savings/investment and 1/3 for everything else. I’m almost there, once I cancel digital cable (basic + dual-tuner Tivo is a rad combo!) and get my promotion and equity increase in August I’ll be hitting these numbers almost exactly.
My mid-term goals are stable, recession-resistant employment in a job I enjoy, great benefits, no commute (no driving at least) and to be debt-free by 2009. A house isn’t even on the radar at this point. If I can buy something when I have a down payment and it fits my budget, I may do that. Otherwise, I have no problem with renting.
Long term, same deal but plan on making over 100k within 5 years. Maybe return to private sector if I’m confident in a stable economy.
ParticipantHeh, I thought it was a joke as well. Turns out its the real deal (at least, the concept exists).
http://en.wikipedia.org/wiki/Hindenburg_omen
This is the kicker however:
“On the other hand there has never been a significant stock market decline in history, that was not preceded by a confirmed Hindenburg Omen.”
Kind of like shooting an arrow at the side of a barn and then drawing the bullseye around it.
ParticipantHeh, I thought it was a joke as well. Turns out its the real deal (at least, the concept exists).
http://en.wikipedia.org/wiki/Hindenburg_omen
This is the kicker however:
“On the other hand there has never been a significant stock market decline in history, that was not preceded by a confirmed Hindenburg Omen.”
Kind of like shooting an arrow at the side of a barn and then drawing the bullseye around it.
June 25, 2007 at 5:42 AM in reply to: San Diego among 5 cities positioned to bounce back the fastest… #61811ParticipantThats a little harsh, PD.
As I’ve said before, if you wanna buy and can afford it, who’s to judge. I don’t judge even if you can’t afford it, as long as I don’t have to bail you out when you foreclose!
Anyways, I wanted to comment on the boomer issue. I have a theory that the inevitable housing correction will spill over into a stock market correction and millions of boomers are going to watch in horror as the equity they counted on for retirement evaporates. I think this is going to snowball in the stock market as retirees panic and cash out their 401k’s. I wouldn’t be surprised if ‘401k’ becomes a dirty word when the younger generations watch theirs go ‘poof’.
So I wouldn’t count on the boomers to bail much of anything out. Plus, based on experience with my parents, they are having a rad time spending money on themselves (they’ve earned it), so why give it to kids they’ve spent a fortune on already.
However, there is another generation to watch that I’m very curious about. The boomers parents. These are folks that lived through the depression and WW2, were savers, experienced the greatest economic boom in US history and and as a result many have sizable estates. My grandmother just passed and we are doing the legal work now, we expect a few hundred K to each of her surviving children. I already told my parents they will need to share the wealth if they want grandkids, as there is no way I’ll be able to settle down with what I make in southern California.
The flipside of the expiring pre-boomers is that their homes are gonna go on the inventory with everyone elses.
June 25, 2007 at 5:42 AM in reply to: San Diego among 5 cities positioned to bounce back the fastest… #61852ParticipantThats a little harsh, PD.
As I’ve said before, if you wanna buy and can afford it, who’s to judge. I don’t judge even if you can’t afford it, as long as I don’t have to bail you out when you foreclose!
Anyways, I wanted to comment on the boomer issue. I have a theory that the inevitable housing correction will spill over into a stock market correction and millions of boomers are going to watch in horror as the equity they counted on for retirement evaporates. I think this is going to snowball in the stock market as retirees panic and cash out their 401k’s. I wouldn’t be surprised if ‘401k’ becomes a dirty word when the younger generations watch theirs go ‘poof’.
So I wouldn’t count on the boomers to bail much of anything out. Plus, based on experience with my parents, they are having a rad time spending money on themselves (they’ve earned it), so why give it to kids they’ve spent a fortune on already.
However, there is another generation to watch that I’m very curious about. The boomers parents. These are folks that lived through the depression and WW2, were savers, experienced the greatest economic boom in US history and and as a result many have sizable estates. My grandmother just passed and we are doing the legal work now, we expect a few hundred K to each of her surviving children. I already told my parents they will need to share the wealth if they want grandkids, as there is no way I’ll be able to settle down with what I make in southern California.
The flipside of the expiring pre-boomers is that their homes are gonna go on the inventory with everyone elses.
Participantjust came into a large chunk of cash and would like to get it working for me, not just sitting on the sidelines. Should I buy a couple of spec houses in Carmel Valley?
Have you read “Crash Proof” by Peter Schiff yet? I just finished it and he paints a pretty compelling case for a severe collapse of the dollar.
You might want to check it and his brokerage, “Euro Pacific Capital” out. Specifically the Merck Fund, http://www.europac.net/investment_merk_hard_currency.asp and the Rodgers Fund http://www.europac.net/investment_rogers.asp
If I had some cash sitting around I would definitely park a good chunk of it in the above two funds as a hedge against inflation. A nice perk of the Rodgers fund, whenever you see rising prices at the pump, you know that is money in the bank for you!
A word of warning, I did pick up a pretty anti-goverment tone from the book and Mr. Schiff’s father is currently in jail as a tax protester, so there is some bias there that colors his analysis.
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