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[quote=flyer]If Americans are really concerned about their future and the future of their children, they should be very concerned that only 10% of Americans are millionaires, and around 80% of all workers (which would encompass those from both parties) earn around $50K a year.

It’s clear that the wealth gap, among all economic strata is continuing to widen in this country, and it will be interesting to see if either candidate, if elected, can change this trend going forward. If not, there should be a lot of very disappointed voters.[/quote]

The reality is that $50K/year is a lot of money in many parts of this country. One could do OK even in some part of this county. A household with two working adults making $100K/year is probably solid (upper)middle class.

The problem with most Americans is that they simply don’t know how to manage their money and their financial ignorance sometimes borderline stupidity. Talked to someone recently and found out the dude needed to replenish his emergency fund (a good thing) awhile back (a year?). So, exactly how did this guy fund his emergency fund? He did it by completely stopping participating in his company’s 401k plan. A complete idiotic move since for during that period he missed out on the generous company’s matching. Here’s the kicker, he’s a financial “adviser” for his church.

I am curious what kind of budget the Piggs are putting aside a year for expenses (including mortgage payments).

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Shouldn’t you be able to put that in an IRA?

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Trump building the wall would actually create a boatload of jobs.

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[quote=Hobie][quote=harvey]….These jobs aren’t coming back. Trump can’t bring them back, nobody can bring them back. …..[/quote]

And why not?[/quote]

The manufacturing jobs left as far back as the 50’s. Among the Pacific Rim nations, Taiwan was probably the first one to benefit from the “cheap” overseas labor; until the threat of Red China invading Taiwan scared the crap out of the many companies that set shops there and they ended up shifting it to Singapore. The 1st PM of Singapore, the late Lee Kuan Yew, himself acknowledged this event provided the impetus to propel to Singapore into an economic powerhouse. The jobs that went overseas themselves are rotated from one country to the next. In the 80s a lot of the clothings (textile) were made in Hong Kong, then for awhile it’s India and Bangladesh, and then China, etc… Nowadays, it’s more likely to be made in vietnam. So, manufacturing jobs chasing cheap overseas labor is not a new phenomenal like the right-wingers and their sheeple like to believe.

The most ironic thing is that the one candidate who would understand that these jobs are not coming back, it would be Trump. And, yet, he’s making all these rhetoric and pretends that it can be done is deplorable. Someone ought to ask Trump where the tie he’s wearing on his neck is made.

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[quote=flyer]From what we’ve heard from friends in tech, you’d better have your F. U. funds and/or passive income rolling in at least by the time you’re 50, and that also seems to apply to lots of other fields today, as more and more people become more and more dispensable in the workplace as they grow older. I’ve always believed that was the smart way to go, even if you continue working past 50.[/quote]

Regardless of the situation, everyone should start working on their go-to-hell fund as soon as they start working. Your goal shouldn’t be to be gainfully employed past 50, but to be able to say Fvck it at an age where you still have your health and can still enjoy life.

btw., wrt the topic – sure jobs can always be brought back. Question is, how much more are you willing to pay for those products?

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mm has a good point. Unless these 80-100 kids were all ninjas, I would expect someone else in the ‘hood would have seen or heard them.

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Eudora. One of the better products created by Q.

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[quote=Escoguy]The home is really too nice for the area.

The geography is fine, but there are many homes not updated or renovated in the surrounding streets which make one like this stand out.

So you end up having the nicest house where 90% of the homes are still 70s style.

Now if everyone on the surrounding 3-4 cul-de-sacs also did exterior stucco remodel to give the neighborhood a more standard look, it may actually be worth 850K, but for now I’d guess 780K just because it is close to Sorrento Valley.

I’m just not seeing that that neighborhood will appeal to the executive types who can afford 850K. Perhaps two mid level managers with combined income of 200K but even then it’s a big compromise and getting to Mira Mesa schools is a mess with the road layout even if it’s a few miles away.

Try driving on Flanders on a weekday morning. Not fun.[/quote]

I am really interested to see who’s foolish enough to cough up that much to buy in that ‘hood…..speaking of Flanders, I guess that’s a good sign. It used to be that you wouldn’t want to go anywhere near Flanders Drive-bys.

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[quote=flu]Is this another home brought to you by Courtney Campbell???

Sorry, I couldn’t resist and had to ask….[/quote]

haha. I have a vested interest in staying abreast with 92126. At this rate, I might have to break my own rule and considering selling my rentals. I am not at all tempted to do that yet, but if it keeps going up…..

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Most modern planes could fly and land on their own. Pilots are there pretty much for take-offs and taxiing.

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Trump is Faux News in 3D.

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[quote=scaredyclassic]i had a friend who really used to get angry at everyone on the road, everything was a personal affront.
[/quote]

I can’t stand those effing prius drivers.

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No need to look further for a reason why you should not mess with cops. They could kill you in so many different ways.

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Not yet. Thought about it this morning. My gains on the bank stocks more than offset this gamble on sqqq so I am not too worried for now. The nasdaq has been solid…

On a different note. WTH is wrong with yahoo? They keep tweaking their finance page. The new format could no longer show a list of stock quotes (only 1 at a time) and good luck looking for foreign stock market indexes. I need to start getting into the habit of going to marketwatch instead of yahoo.

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I missed my exit point, twice, last week on sqqq….I am going to hang on to sqqq for now….

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