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OctaviusBeaver posted:BWM: Taking giant student loans and then being shocked and indignant that you have to pay it back. I paid off my own student loans a couple years out of college and nearly a decade ago. It was a joke, you see. About the dumb economic structures in this country and the "freedom" to become massively indebted for basic things like education and health care that people in other countries don't have to worry as much about.
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Aug 26, 2017 08:28
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brugroffil posted:I paid off my own student loans a couple years out of college and nearly a decade ago. college is not "basic things" lmao. most people do not, and should not, go to college. even in countries where it's free, generally fewer people go to college than in america. see for yourself: https://en.wikipedia.org/wiki/List_of_countries_by_tertiary_education_attainment
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Aug 26, 2017 09:11
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ohgodwhat posted:But selling drugs is GWM? I think that guy was dipping into his own supply, which is BWDrugDealing.
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Aug 26, 2017 10:32
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Received a check for $18,000. Need advice It starts off so well... quote:Well, my first question is: Is it even safe for me to deposit a check this large? It was a gift from an Aunt and Uncle. I'm assuming they worked it out with tgeir accountant and either decided to eat the gift tax, or since it was a gift from two people it doesn't go past the 14k per person limit. Second, I'm a 1099 employee, and pay my taxes every year with pretty much no write offs. Is this grounds for auditing me? It's all in one check, so that's what concerns me. I don't have anything to hide, but I really dont want to have to pay taxes on this money. Third, if it is safe to accept all at once, I have a few investment ideas which I'd like advice/opinions on. So with this check, and my incoming paycheck, I'll have $25,000. Easily the most money I've ever had in my life. I'm 25, single, no kids, and I rent. So zero tax write offs. I wad planning to put 5-6k of my money before the check into an IRA to lower my income and also get a retirement account of some sort going. I'm also planning to buy a house in early 2018, so between 3-9k of it will be going towards down payment on a house, depending on the loan program. I'd also like to keep ~5k as a rainy day fund in case I get hurt or lose my job. That leaves me with 5K-13K left to invest with. I was thinking of going with a cryptocurrency after doing a ton more research. Do you guys have any advice on that? Or other suggestions for investment? Thank you in advance. He's getting reasonable advice, but the buttcoiners have also smelled fresh meat and are circling. quote:Complete disagree about cryptos. Buying Bitcoin, Ethereum, etc. is a way of investing in the future of the blockchain the same way buying Tesla is investing in the future of self-driving/electric cars. Sure, BTC might go to 0 just like Tesla might, but you buy it because you believe in the technology. Buying BTC/ETH is the best way of investing in the technology that will revolutionize the way we transfer wealth. quote:Buying Bitcoin is also like buying a chunk of the Bitcoin ecosystem and network. As it develops, you get richer. It's not necessarily pure speculation.
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Aug 26, 2017 12:18
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I say let the kid go for it. He's 25 so it's a good time to be insanely speculative with your investing since you have 40 years to make up any losses. This is of course assuming he's going to stay employed and make continuous contributions.
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Aug 26, 2017 14:01
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[quote="“Zo”" post="“475761121”"] college is not “basic things” lmao. most people do not, and should not, go to college. even in countries where it’s free, generally fewer people go to college than in america. see for yourself: https://en.wikipedia.org/wiki/List_of_countries_by_tertiary_education_attainment [/quote] College is one of those tricky things that’s both a personal benefit and a public good. It’d be better phrased as vocational since you want a skilled workforce, but everyone can’t be the project manager.
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Aug 26, 2017 15:00
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But if we let poor and coloreds have nice things that's starting down the slippery slope of social equality and maybe even eliminating racism entirely.
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Aug 26, 2017 15:06
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Guest2553 posted:But if we let poor and coloreds have nice things that's starting down the slippery slope of social equality and maybe even eliminating racism entirely. But a colorblind and just society can still find legitimate people to hate, like the Irish.
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Aug 26, 2017 15:09
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Education is in fact a "basic thing" and whether people choose to go or not, loading your younger generation with massive, massive debt is bad with economy
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Aug 26, 2017 15:13
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Zo posted:college is not "basic things" lmao. most people do not, and should not, go to college. Yeah dont go to college if you are happy being a dirty poor person, i guess.
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Aug 26, 2017 15:14
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But dividing society into a caste of permanently poor service workers and a caste of educated knowledge workers, where social mobility is possible only through military service or a lifetime of inescapable debt, is GWM!
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Aug 26, 2017 15:21
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Oh good, this again.
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Aug 26, 2017 15:42
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Enfys posted:Received a check for $18,000. Need advice Lol at saying buying a tesla is an investment
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Aug 26, 2017 15:55
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C.H.O.M.E posted:Lol at saying buying a tesla is an investment It's worked out great for Tesla shareholders
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Aug 26, 2017 15:57
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C.H.O.M.E posted:Lol at saying buying a tesla is an investment That ridiculousness stuck out to me too. A loaded one will lose about $40K of value in the first year.
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Aug 26, 2017 16:21
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brugroffil posted:Education is in fact a "basic thing" and whether people choose to go or not, loading your younger generation with massive, massive debt is bad with economy You know College has costs even if the government is paying for it, right?
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Aug 26, 2017 16:54
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There's a fair bit of daylight between "share of distributed cost for government funding" and "permanent indebtedness".
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Aug 26, 2017 16:57
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Aug 26, 2017 17:03
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That could be amazing with money, if it turns out like Kickstarter potato salad guy.
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Aug 26, 2017 17:08
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Foma posted:You know College has costs even if the government is paying for it, right? You just blew my mind bro
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Aug 26, 2017 17:45
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Subjunctive posted:That could be amazing with money, if it turns out like Kickstarter potato salad guy.
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Aug 26, 2017 17:48
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Subjunctive posted:There's a fair bit of daylight between "share of distributed cost for government funding" and "permanent indebtedness". The college educated are going likely to be the higher earners in society, you are literally suggesting taking tax money from lower earners to fund higher earners vs having higher earners pay their own way.
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Aug 26, 2017 17:53
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Foma posted:The college educated are going likely to be the higher earners in society, you are literally suggesting taking tax money from lower earners to fund higher earners vs having higher earners pay their own way. You're right we should start forcing everyone to pay for 100% of their education. After all those dirty poors are always going to be poor, why provide free high school/middle school?
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Aug 26, 2017 18:24
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Foma posted:The college educated are going likely to be the higher earners in society, you are literally suggesting taking tax money from lower earners to fund higher earners vs having higher earners pay their own way. If only you could adjust tax rates.
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Aug 26, 2017 18:29
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Enfys posted:Oh good, this again. 
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Aug 26, 2017 18:39
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Foma posted:The college educated are going likely to be the higher earners in society, you are literally suggesting taking tax money from lower earners to fund higher earners vs having higher earners pay their own way. There is absolutely no reason why this would follow from education being publicly funded.
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Aug 26, 2017 18:47
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How about we just agree that 18 year olds shouldn't take on lifetime debt? My guess is making student loans dischargeable (even if it took longer than 7 years) would discourage as much easy lending and probably lower overall tuition costs in the long term. We don't necessarily have to nationalize higher education to fix its problems.
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Aug 26, 2017 19:12
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Subjunctive posted:That ridiculousness stuck out to me too. A loaded one will lose about $40K of value in the first year. As stupid as the rest of it is, I'm pretty sure he meant buying tesla stock.
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Aug 26, 2017 19:27
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AreWeDrunkYet posted:As stupid as the rest of it is, I'm pretty sure he meant buying tesla stock. You aren't very fun.
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Aug 26, 2017 19:39
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Aug 26, 2017 19:58
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I know it's a toucan but: "In the summer puffins’ bills are a distinctive bright red, blue and yellow, hence their nicknames Sea Parrot, Bottle Nose and Clown of the Ocean. In winter the colourful outer part of the beak is shed, leaving a smaller, duller one behind." There is indeed a bird whose beak comes off!
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Aug 26, 2017 21:44
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ranbo das posted:You're right we should start forcing everyone to pay for 100% of their education. After all those dirty poors are always going to be poor, why provide free high school/middle school? To instill in them the work ethic for their future lives as service workers and belief that America is the land of opportunity and it's their fault if they're stuck in poverty. Finding the few people who can overcome that and join the rest of society is a bonus.
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Aug 26, 2017 23:06
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Solice Kirsk posted:Horses turn feral in only two weeks out in the wild. Their tusks grow out and they begin foraging and hunting like their primitive ancestors. And because they reproduce by mitosis, one feral horse can quickly become a dozen or more with in a few months. States like Texas have a real feral horse problem where they will destroy farmland and eat pets if they are left out at night. Releasing a horse into the wild isn't just a dick thing to do to the horse. It's a dick thing to do to the environment. So that's where unicorns come from.
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Aug 27, 2017 05:42
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Ashcans posted:I wonder if 'debt' encompasses all debts like mortgages and student loans. Being in debt because you're still paying off your student loans or because you got an affordable 30-year mortgage is very different than someone with maxed cards or even carrying balances on them consistently. Having said that, this is the real killer: As someone else has pointed out this is only full time and doesn't include part time or permanent freelancers The number of people who don't work full time but have multiple part time jobs and can't sace money is disgusting, raise minimum wage to a livable wage, eat the rich
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Aug 27, 2017 06:49
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Foma posted:The college educated are going likely to be the higher earners in society, you are literally suggesting taking tax money from lower earners to fund higher earners vs having higher earners pay their own way. Or, crazy thought, tax the rich so that people can get an education. Fuckin wild.
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Aug 27, 2017 06:50
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Zillow sent me an email with some pretty dope houseboats.
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Aug 27, 2017 07:02
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oRenj9 posted:Zillow sent me an email with some pretty dope houseboats. Sounds like a good idea for a thread.
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Aug 27, 2017 12:20
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oRenj9 posted:Zillow sent me an email with some pretty dope houseboats. Its where I keep my horse.
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Aug 27, 2017 13:58
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oRenj9 posted:Zillow sent me an email with some pretty dope houseboats. There were more related listicles at the bottom, like "7 things you didn't know about floating homes and houseboats." I know I posted a video in the houseboat thread here in BFC, not sure about this thread: CAMI Terra Wind amphibious RV https://www.youtube.com/watch?v=Za63ltkMGGE
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Aug 27, 2017 16:25
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SpelledBackwards posted:CAMI Terra Wind amphibious RV $1.2 million 
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Aug 27, 2017 17:13
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