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Weatherman posted:You take that back, you filthy bastard! Thought about flying ants and died.
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May 14, 2017 23:47
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100 years ago, serious cooks using teflon would make a point to having a macaw around to serve as an early warning system for toxic gas.
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May 14, 2017 23:48
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Jeffrey of YOSPOS posted:100 years ago, serious cooks using teflon would make a point to having a macaw around to serve as an early warning system for toxic gas. In those days, were macaws expensive enough to make this BWM?
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May 14, 2017 23:53
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Ignoranus posted:In those days, were macaws expensive enough to make this BWM?
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May 15, 2017 00:18
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I can't tell if you're just loving with us or not
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May 15, 2017 00:22
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No Butt Stuff posted:I can't tell if you're just loving with us or not Teflon isn't even 100 years old and that's clearly just the canary in a coal mine thing but with cookware
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May 15, 2017 00:24
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I think talking about relatives isn't banworthy. I just found out my grandmother managed to turn $1m in 1994 dollars into $500k of today dollars. She went all in on tech stocks, lost a bunch when the tech bubble popped because she got scared and sold at the very bottom. Did the same with the housing bubble in 2009. Also, bonus points, she has someone who invests for her so she has no idea what she's holding other than it's mostly individual stocks, has no idea how much she is paying this guy, and really seems obsessed with dividends. She gets a whole $170 in dividends per month from her $500k investment!
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May 15, 2017 00:30
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Tell her she can make $420/month with zero fees tomorrow if she just fires fuckstick von shithead and moves all that money to a FDIC banking account like gsbank. That should be her bare minimum return, like if she's super paranoid, just to put into perspective how much she's getting robbed.
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May 15, 2017 00:38
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Pryor on Fire posted:Tell her she can make $420/month with zero fees tomorrow if she just fires fuckstick von shithead and moves all that money to a FDIC banking account like gsbank. That should be her bare minimum return, like if she's super paranoid, just to put into perspective how much she's getting robbed. Will they actually insure over $250k? I realize a bank run/bankruptcy is extremely unlikely but [Great Recession]
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May 15, 2017 00:44
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Jeffrey of YOSPOS posted:The expression, "the macaw in the macaroni" is still used idiomatically in some parts of northern Italy to refer to any sort of early warning system. One particularly successful bird vendor grew rich and became known in those parts as "the Teflon Don" which an expression still in use today. ranbo das posted:I just found out my grandmother managed to turn $1m in 1994 dollars into $500k of today dollars. I'm going to go out on a limb and guess that your grandmother did not generate the initial million.
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May 15, 2017 00:53
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DarkHorse posted:Will they actually insure over $250k? I realize a bank run/bankruptcy is extremely unlikely but [Great Recession] Thankfully it's per-depositor per-institution per-category. Basically the easiest way to do this is to open accounts at different banks, but if you just call up your bank and ask how to spread the money so it is all insured they will do it for you. https://www.fdic.gov/deposit/deposits/faq.html
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May 15, 2017 01:04
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Pretty sure a good chunk of it was inheritance. She also actively hates technology so it'll be interesting trying to get her to ditch whoever the gently caress runs her money now and get into vanguard or fidelity. GS bank is probably out because they only exist online. I'm gonna try to get her to drop it all in index funds and forget about it. She has enough money between pension + SS to live comfortably. She just wants to see the numbers grow and use it as a way to keep power over her relatives afaik. ranbo das fucked around with this message at 01:09 on May 15, 2017 |
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May 15, 2017 01:07
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ranbo das posted:use it as a way to keep power over her relatives afaik. Grandma planning some family hunger games? GWM.
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May 15, 2017 01:18
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Focusing on what the FDIC deposit limit when someone just got robbed to the tune of 2 mil+ over 20 years sure is bizarre. I can just see grandma saying "oh well its such a hassle if I have to open two accounts to get guarantees" and irrelevant trivia like this just distracts and confuses people and makes it easier to rob them.
Pryor on Fire fucked around with this message at 01:53 on May 15, 2017 |
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May 15, 2017 01:32
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ranbo das posted:I think talking about relatives isn't banworthy. I just found out my grandmother managed to turn $1m in 1994 dollars into $500k of today dollars. She went all in on tech stocks, lost a bunch when the tech bubble popped because she got scared and sold at the very bottom. Did the same with the housing bubble in 2009. Also, bonus points, she has someone who invests for her so she has no idea what she's holding other than it's mostly individual stocks, has no idea how much she is paying this guy, and really seems obsessed with dividends. She gets a whole $170 in dividends per month from her $500k investment! Holy God this makes my head hurt. Throw that in vtsax and forget about it, from a risk standpoint it's far less than she's exposed to right now and if she doesn't actually need income withdrawals - and at $170/m right now I am guessing she does not - she can bank that for a few years at least and let it grow. poo poo even at a 4% withdrawal she'd make $1,600/m on that without having to touch the principal at current returns. I am guessing this is a lost cause though.
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May 15, 2017 02:01
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H110Hawk posted:Thankfully it's per-depositor per-institution per-category. Basically the easiest way to do this is to open accounts at different banks, but if you just call up your bank and ask how to spread the money so it is all insured they will do it for you. Fidelity, for example, will do it by splitting your deposits over something like 5 different institutions: "If you have more than $245,000 in uninvested cash in your account, the Program maximizes your eligibility for FDIC insurance by systematically allocating this uninvested cash across multiple program banks. At a minimum, there are generally five banks available to accept customer deposits, making customers eligible for nearly $1,250,000 of FDIC insurance."
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May 15, 2017 02:59
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To avoid turning this into an E/N post and hopefully not get banned, I'll just say that she hates computers for taking her job at a bank in the early 90s and so doesn't have internet or a cell phone. However the realization that she is gonna die alone in a hospital bed with no one giving two shits about her if she kept her poo poo up is doing wonders for her attitude. I'm lets say cautiously optimistic on her actually getting her money straightened out. Say a 20% chance.
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May 15, 2017 04:56
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Just so you know I'm pretty sure this falls under "BWM story in which you only play a bit part" which is explicitly allowed by the new rules, and also this is a pretty good BWM story anyway 
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May 15, 2017 05:09
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Yeah it's not wedding horse chat, so I think it's acceptable anyway. Wait, debating the rules is a derail...I've become what I've always hated. BIRD ME!
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May 15, 2017 05:16
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Hot Dog Day #91 posted:Yeah it's not wedding horse chat, so I think it's acceptable anyway. I would but I made some stir fry and now the derail bird is dead.
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May 15, 2017 06:24
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Hot Dog Day #91 posted:Yeah it's not wedding horse chat, so I think it's acceptable anyway. 
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May 15, 2017 10:13
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Hot Dog Day #91 posted:Yeah it's not wedding horse chat, so I think it's acceptable anyway.  Sic Semper Goon fucked around with this message at 11:00 on May 15, 2017 |
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May 15, 2017 10:57
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We had an "Employee Appreciation Day" last week. It is for employees at a government agency, so all funds have to be raised from the employees themselves; no public money or office money for anything. To "make up" for the fact that the employees have to pay for their own appreciation event, the Managers give out awards to hourly employees and give the winner in each section a free day of PTO. One of our Managers gave an award to one employee for "staying until 7 pm almost every single day to make sure that we never fall behind." There is currently a budget directive that bans anyone from authorizing overtime. The head of our agency pulled the manager aside and asked her why she had been approving overtime. She told him to not worry because she hadn't, she just never paid him for all the time he worked. That is super illegal and they withdrew the award from that guy, gave him the day of PTO anyway, and paid him for 2 months of overtime. They took the money from the general expense and office supply fund for that department and now the manager is telling everyone that they aren't getting new computers because "they had to pay out Jose." BWM: Working for free. Even more BWM: Giving an award for wage theft when the head of the Department of Labor and OMB is in attendance.
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May 15, 2017 17:54
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And of course everyone is going to blame Jose.
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May 15, 2017 17:57
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Am I reading that story right that the manager committing wage theft didn't get fired? Because of course they didn't.
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May 15, 2017 17:58
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Tomie knows me posted:Am I reading that story right that the manager committing wage theft didn't get fired? She said that she never explicitly told him to stay. She just said that it needed to get done and Jose volunteered for it once and then kept doing it voluntarily. Jose defended her too. She would have gotten fired if she didn't say it was accidental and Jose didn't support her.
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May 15, 2017 18:01
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Tomie knows me posted:Am I reading that story right that the manager committing wage theft didn't get fired? If it were the private sector he would be the one getting the award instead, I'll take what I can get in trump's america 
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May 15, 2017 18:19
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Leon Trotsky 2012 posted:She said that she never explicitly told him to stay. She just said that it needed to get done and Jose volunteered for it once and then kept doing it voluntarily. ~~false consciousness~~
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May 15, 2017 18:27
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This might not be actual BWM content, but our open enrollment period for healthcare recently ended. Someone was up in our HR office today asking if their deductible would affect their withholding or if they just apply it all at once during tax season. Apparently, they thought that the "deductible" on their health insurance plan was the amount that you were allowed to deduct from your taxes and that picking a higher deductible meant you got more back on your taxes. They ended up accidentally picking the plan that was best for them anyway, but that could have gone pretty wrong. Having your office right next to the HR/Benefits office is a terrifying insight into how bad with money people can be.
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May 15, 2017 18:38
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BWM on grandparents' part? Pretty cool though.quote:Grandparents gifted me & S/O 100g of 99.99% gold to start a college fund, since we are expecting a baby. How do I convert this literal bar of gold into a more fungible/secure investment? 
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May 15, 2017 18:57
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~$3950 for anyone wondering. He's going to lose a nice cut straight away to convert it to cash.
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May 15, 2017 19:00
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I see I wasn't the only one that was immediately curious what 100g of gold is worth.
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May 15, 2017 19:03
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If you buy and sell gold coins from a place like APMEX, you probably only lose like 4-5% between their bid/ask and your shipping fees, so he'll probably only lose a couple hundred dollars if his grandfather just bought the gold recently. I don't know if bars have the same tight market though. Most likely, the grandfather has already owned it for decades.
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May 15, 2017 19:07
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Wow serious BWM converting yuan -> physical gold -> dollars. For such a small bar he could probably sell it for its full value to someone who wants a bar but he might also just get robbed.
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May 15, 2017 19:11
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I saw that thread and someone mentioned there's at least a decent chance that it's counterfeit because fakes are common in China so possibly very BWM.
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May 15, 2017 19:38
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Leon Trotsky 2012 posted:This might not be actual BWM content, but our open enrollment period for healthcare recently ended. Someone was up in our HR office today asking if their deductible would affect their withholding or if they just apply it all at once during tax season. I used to sit next to HR and the number of people playing stupid games with potentially huge sums of money is staggering. People running up after open enrollment because they couldn't be bothered to carve out 15 minutes from two weeks of their life to do things like enroll their children in healthcare or ensure they have a FSA/DCA account is insane. Yes, your failure to click a few buttons means your whole family is now on the cheapest plan and you have no tax advantaged money for childcare and prescriptions. One GWM / Funny story (Sorry for off topic) was one guy asking why he didn't get paid on Jan 15. Turned out he had forgotten to undo his 100% 401k withholding from the end of the year which use used to top off his account, but then the year rolled over and he simply didn't get a paycheck. Whoops! He was asking them to undo it but they couldn't (wouldn't?). I guess he had hit the limit so his paychecks were coming in as usual by christmas.
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May 15, 2017 19:55
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It's nice to know that you don't need to be a full member of the military to be terrible with money. Terrible decision-making affects people in the reserves too!I have access to a large, low interest loan. I think I found a good way to invest it, would like some advice on it first. posted:
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May 15, 2017 20:07
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Area ROTC gets 7% returns! Banks hate him! <click for article>
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May 15, 2017 20:27
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That man is officer material and I mean that in the worst possible way.
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May 15, 2017 20:34
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Shocking stupidity. Incredible, short sighted greed. No wonder so many people get caught up in MLMs and Craigslist scams, people will to overlook absolutely anything when they think they can profit.
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May 15, 2017 20:42
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