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Myriad
Participant[quote=gzz]Come on FANG/Big Tech, expand your SD offices faster so your staff can afford a house on a $150,000 wage![/quote]
It’s a lot cheaper for those businesses to expand in states like CO, TX, or FL rather than SD.
ParticipantIf the world’s population stops growing, then a lot of economic assumptions about economic growth, investing, debt, etc are no longer valid.
For example, there may be a surplus in funds for investment by retirees, driving rates for safe assets to near 0%. Asset prices would probably go down globally while wages increase, until the world gets to steady state. Meanwhile borrowing money for “risky” investments or real estate would go up significantly because no one would expect asset price increases.
State state, of course would be a big ?. You could just be for setting up for a massive decline in population as a result of people not having kids because the economic situation will be worse.Participant[quote=flu][quote=EJ]Just curious … why pay the second installment now? I always wait until April 10, the last day without penalty. Is there any advantage to pay early?[/quote]
no, besides remembering to pay them versus forgetting April 10[/quote]
At some point in the past, I paid 3 installments in one year for tax reasons. So now I’m on the schedule where I pay both of my payments at the end of the year.
ParticipantI don’t think property taxes are the problem. They’re not great, but not terrible like NJ – 2% and crappy roads, services, etc – but you don’t have to pump your own gas.
The issue is that they allow to homeless to setup anywhere while not providing other options. It’s definitely cheaper just to create a town in the middle of nowhere somewhere in CA, and move all the homeless there. Give them some basic food and shelter at 50% the cost of doing the same thing in LA/SF/SD.Participant[quote=flu]Since I won’t be able to touch my 401k/IRA until 65, my other thing is my non-ira/401k investments with 4% dividend returns would generate $40k/year after taxes if I could consistently hit a 4% dividend return.[/quote]
Sounds like you have a lot of income & assets by the time you’re 60. Why not retire then and start moving all your IRA/401k to Roth?
I’m looking at what to do to reduce my taxable income at 72 to avoid hitting the Medicare IRMAA limits. Mostly involves retiring early enough to move assets from non-Roth to Roth when i retire (assuming markets don’t just die from here on out)ParticipantYes, the latency is high (550ms Roundtrip), so it’s bad for things that require real-time interaction (games, video chat). I’ve done real-time video chat over satcom – it’s doable, just have to allow a slight delay for the response (whatsapp over a 1Mbps x 512k).
Probably even worse for things like webex which have their own delay in addition to the network latency.But for things like video streaming, minor web browsing, it doesn’t really make much of a difference.
December 23, 2019 at 11:34 AM in reply to: stretch ira/401k for non spousal beneficiaries law change cut to 10 years #814222Participant[quote=flu]
It won’t be cash flow negative if the property is free and clear. Then it’s more or less simply cash on cash returnHyothetically, one can spend $300k on a 1/1 in MM that rents for $1600 month. Factoring in HOA, insurance, and ptax costing $450/month, that’s still
$13800/300000 or 4.6% return[/quote]Well, don’t have that much cash. But continuing on with your #s, you have some good assumptions on that. A few places I looked at have HOA around $250ish. Add in the other costs, and I think I never managed to get above 3%. Add in all the non-$ costs associated with managing a local property, seems like there are better investments (stocks, non-CA property)
Participant[quote=henrysd]Professor Shiller, the creator of CAPE, is in bull camp for stock 2020:
LOL, now that he’s in the bull camp, probably means there will be a 20% correction in sometime in 2020
December 21, 2019 at 7:49 PM in reply to: stretch ira/401k for non spousal beneficiaries law change cut to 10 years #814211ParticipantI’m sure a lot of the advice is for people that haven’t saved enough in their 401k, IRA/Roth 401k, IRA. Since the majority of Americans haven’t saved enough in general.
For those that have significant amounts in a tradition 401k/IRA, moving money prior to RMD requires a lot of planning. Converting as much as possible prior to RMD to lower AG taxable income.
It’s hard to imagine tax rates for the 0-90% of income really going up more than a few % points. There would pretty much be riots in the streets if it goes up by 5%. More likely, the step-up basis will be eliminated – a stealth estate tax for the relatively wealthy.As for real estate, prices are pretty high now and lots of places in SD/CA are cash flow negative. And if interest rates ever go up, the appreciation will be pretty limited.
Participant[quote=flu]Broadcom also came in better than expected.
https://finance.yahoo.com/quote/AVGO
2020 guidance also good.[/quote]
The discussion is that Broadcom wants to sell off the wireless unit.
ParticipantI just switched from VZ post-paid to prepaid. Not quite as cheap as going to another carrier, but pretty close.
Was previously paying the $35 plan for 2GB, (+$20 for line, -17% for discount).
Now I pay $35 for 6GB.
Was thinking about switching to Red Pocket, but only save $5 vs VZ prepaid. Not quite as cheap as some other ones, but pretty much no work other than a 5 min phone call with VZ.
Now home internet is what’s expensive…November 25, 2019 at 1:30 PM in reply to: OT: Details of the Tesla Motor’s WhiteStar sedan emerges. #814063Participant[quote=outtamojo]Mount a machine gun in the bed and you will be the envy of urban warlords everywhere.[/quote]
So Toyota will still be the preferred brand for ISIS?
ParticipantRight, then when AMD doesn’t meet their “new” expectations, they’ll say it’s valuation got ahead of it’s earnings, and issue “Hold”s…
There’s an interesting aspect that with Indexes >50% of AUM, certain non-index stocks are under-priced. I guess if you can figure out which ones would be added, might make for a good arbitrage opportunity.
Participant[quote=FlyerInHi]
I rarely eat Chinese food — too fat and greasy.
[/quote]The problem is most Chinese food in the US isn’t cooked properly.
For example – stir fry. Properly cooked stir-fry at the right temperature isn’t supposed to be greasy. Stir-fry rice noodles are a measure of how well a chef can cook.
Southern Chinese cooking has a lot more steamed dishes and seafood. But good luck finding a good chef in CA. -
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