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BEHOLD: MY CAPE posted:Why put 20% down if you can get identical <3% interest rates for 10% down? He technically said "can't" put 20% down, not "don't".
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# ? Nov 7, 2017 18:45 |
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# ? Jun 8, 2024 08:57 |
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Motronic posted:Couples using the proportional income method, how is inheritance handled? The obvious answer is you dazzle your spouse with a big chunk of money so they don't notice the bigger chunk of money going into an investment account with only one name on it.
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# ? Nov 7, 2017 18:46 |
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Impending BWM from special guest /r/relationships: Me [47 M] with my wife [45 F] 16 years married, her family asking us to go in on a joint investment. She wants to and I don't. quote:u/kangaloon
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# ? Nov 7, 2017 18:50 |
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I almost quoted a John Smith post. Sorry folks, glad I caught my mistake in time. Here’s some actual BWM: brother bought a house with wife in spring. Spent 15k on new appliances. Spent however much on moving costs. Bought all kinds of new stuff for house. Divorced 3 months later. Sold house at a loss (paying 5% for the privilege), sold new appliances at a (huge) loss, had to get rid of stuff they didn’t have room for in their separate new accommodations. Luckily for him I guess most of the money was a gift from my mom. Because they bought a house. Like, divorces happen, but what the gently caress. This was a “I’m not happy”, rather than a “you cheated on me” divorce. They knew it was coming. Don’t buy a house to fix your marital problems. I figure at least they didn’t have a kid.
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# ? Nov 7, 2017 18:57 |
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Haifisch posted:Impending BWM from special guest /r/relationships: Wow! I didn't expect to see a horse mention in this post at all. I suppose a cheap way to get content for this thread might be to continually filter or search /r/relationships for horse.
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# ? Nov 7, 2017 19:05 |
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Jordan7hm posted:I almost quoted a John Smith post. Sorry folks, glad I caught my mistake in time. Talking & counseling are too hard, let's just throw some new joint responsibilities on the pile and hope that magically makes it work out.
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# ? Nov 7, 2017 19:05 |
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Panfilo posted:A lot of what it takes to be a homeowner here tends to involve taking a lot more risk than in other areas, presumably BWM stuff like having to deal with PMI or piggyback loans to offset it, but the problem is if you like living here rent isn't any better in terms of steadily going up. Pay is higher, but not relative to living expenses. But there are other hidden benefits. Rent here is awful but it has actually leveled off circa 2016 whereas home prices keep going up, up, up.
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# ? Nov 7, 2017 20:08 |
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Haifisch posted:It's baffling what people think will fix a marriage. This has always baffled me. Relationship stressful? Just add some more stress and unresolved conflict rather than address the real problems.
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# ? Nov 7, 2017 21:18 |
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BEHOLD: MY CAPE posted:Why put 20% down if you can get identical <3% interest rates for 10% down? Accumulating the down payment is a good test to ensure that you're financially secure enough - and responsible enough to undertake the massive pain in the balls that buying a house involves. Despite what you may think about how prices will never go down, or jobs in your industry are always going to be in demand, having significant equity in your house is a very good hedge against downturns in the job/market/economy. If (when) the tech industry blows up again, instead of being trapped in your house, you might still be able to come out of things without being in significant financial peril. It's a good way to not get sucked into spending more on the house than you can actually afford. Nobody says you can't invest the money you are saving for a down payment. Hell if you really want to own real estate while you save, buy REITs (terrible idea). Renting also gives you a massive amount of flexibility. If you don't want to have some horrible commute for a new job, you move with much less cost to relocation. So many good reasons to not own a house...
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# ? Nov 7, 2017 21:21 |
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n8r posted:It's a good way to not get sucked into spending more on the house than you can actually afford. Many high priced areas have proportionately low rents (still a lot of money though). In Auckland, NZ the rental yields are 2% or less as the rents are what the market will pay. The house/apartment prices are all elevated due to foreign and local speculators. Right now prices are falling and they're likely to fall for all of 2018. The fall is primarily tightened monetary conditions and banks becoming aware that they've been lending to people that they shouldn't have. On a local site I've been pushing 20% deposit and no more than 33% of gross income. The same site lists 40% as affordable but whatever. The 33% is all about being able to cope with interest rate increases, yet many people are on 50%+ in NZ and Australia. I'm expecting a lot of amateur speculators to get burnt and end up in a mortgagee sale. High incomes or not there's going to be a lot of people wrecking their net worth on speculation instead of buying race car parts.
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# ? Nov 7, 2017 21:37 |
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Guys next to me talking about speculating on stocks and crypto currencies. “Bitcoin is based on nothing. It’s air” “Yeah but so is money” I’m sold.
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# ? Nov 7, 2017 21:43 |
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Jordan7hm posted:Guys next to me talking about speculating on stocks and crypto currencies. Show him this article https://arstechnica.com/information-technology/2017/11/with-deletion-of-one-wallet-280-m-in-ethereum-wallets-gets-frozen/
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# ? Nov 7, 2017 21:50 |
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"Imagine 5 blocks on the edge of a chain. Zycoin works the same way."
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# ? Nov 7, 2017 21:57 |
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lostleaf posted:Show him this article I'm probably going to need to call a doctor in about 3 hours.
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# ? Nov 7, 2017 22:26 |
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H110Hawk posted:I'm probably going to need to call a doctor in about 3 hours. I'm waiting for the hilarious fall out. I'll probably need a doctor to sew my split sides back together too.
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# ? Nov 7, 2017 22:52 |
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You know, things like this:quote:Multi-signature wallets have cryptographic security measures that require multiple users to sign a transaction in order for it to be processed and approved—an approach that allows for escrow contracts to control payments from accounts belonging to a group. are really interesting and cool. I think the idea that cryptocurrencies could be mainstream and central to the economy (or at least parts of it) in the future (whether it's 5 years or 50) isn't very farfetched. Being digital, you have a lot of flexibility in the things you can do, like the above, that could prevent a lot of potential problems, like a joint husband/wife bank account, as a very basic example. But for now, you know, stupid things like this happen and it's pretty clear the technology (or experience at implementation) just isn't good enough.
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# ? Nov 8, 2017 00:13 |
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totalnewbie posted:You know, things like this: trustlessness means untrustworthiness either digital currency will have great big honks of trust in them (making them indistinguishable from Visa and poo poo) or Visa and poo poo will continue being the electronic currency thing of choice
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# ? Nov 8, 2017 00:22 |
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to be fair that's not bitcoin, the code for eth is entirely different. i think eth is not even really a decentralized tech since there's a big company that manages the main client and can hard fork the blockchain whenever they want.
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# ? Nov 8, 2017 00:26 |
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Hoodwinker posted:"Imagine 5 blocks on the edge of a chain. Zycoin works the same way." Please, Sam, he had a MTGOX wallet. *takes draw off cigar, blows a cloud of smoke that makes the Bitcoin symbol*
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# ? Nov 8, 2017 01:08 |
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crazysim posted:I suppose a cheap way to get content for this thread might be to continually filter or search /r/relationships for horse. Me [40'sF] with my parents (80's M/F] and their horses. Driving me nuts quote:So my parents like horse racing. They have done pretty well for themselves financially and my dad in particular has thrown himself deep into breeding and racing them. It's more than a hobby it is turning into an outright obsession.
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# ? Nov 8, 2017 01:31 |
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I thought 5 digit pedal bikes that maybe get used twice a year or so were dumb but wow horses are on entirely new different level.
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# ? Nov 8, 2017 05:26 |
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Ethereum is utterly baffling to me on a fundamental level, it is an unsolvable riddle of the cosmos that it was even made. Anyone with enough programming knowledge to actually implement it would also have enough programming knowledge to understand that while machines may be logically perfect your code will never be and thus why it's a terrible idea to design a system around code that is not allowed to be changed. Ethereum cannot exist, its conditions of creation contain the seeds of its own destruction, the knowledge necessary for one to make it demonstrates why one shouldn't. Its existence is impossible and yet, here it is.
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# ? Nov 8, 2017 09:27 |
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Jordan7hm posted:I almost quoted a John Smith post. Sorry folks, glad I caught my mistake in time.
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# ? Nov 8, 2017 12:48 |
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VitalSigns posted:Ethereum is utterly baffling to me on a fundamental level, it is an unsolvable riddle of the cosmos that it was even made.
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# ? Nov 8, 2017 14:39 |
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VitalSigns posted:Ethereum is utterly baffling to me on a fundamental level, it is an unsolvable riddle of the cosmos that it was even made. Hubris is a powerful motivator. Also the potential for huge upside in swindling early to medium adopters.
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# ? Nov 8, 2017 15:49 |
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H110Hawk posted:Hubris is a powerful motivator. Also the potential for huge upside in swindling early to medium adopters.
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# ? Nov 8, 2017 15:58 |
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quote:I have had to take over more responsibility for their day to day lives to allow them to be as independent as possible. This does not make sense at all unless you substitute some other meaning for what "independent" actually means.
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# ? Nov 8, 2017 18:15 |
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Independent from fiscal responsibility?
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# ? Nov 8, 2017 18:33 |
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Hoodwinker posted:Ponzi scheme, the phrase you're looking for is Ponzi scheme. Words have meanings and Ethereum isn't a Ponzi scheme, just a fantastic tool and vehicle for running them.
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# ? Nov 8, 2017 19:25 |
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Cocoa Crispies posted:Words have meanings and Ethereum isn't a Ponzi scheme, just a fantastic tool and vehicle for running them.
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# ? Nov 8, 2017 19:33 |
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https://www.reddit.com/r/ukpolitics/comments/7bkgfm/a_third_of_all_men_aged_2034_are_still_living/dpis7y4/quote:28 and moving out next month. Moving into a quaint little 2 bed with parking, for the bargain price of £1,095pcm. Gotta get that fiber internet guys.
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# ? Nov 8, 2017 20:27 |
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Budgie posted:https://www.reddit.com/r/ukpolitics/comments/7bkgfm/a_third_of_all_men_aged_2034_are_still_living/dpis7y4/ Buy fewer candles.
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# ? Nov 8, 2017 20:49 |
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At least everyone in the comments is telling him this is a terrible idea. ...and I regret going to read comments in the wider thread, because reddit naturally turned it into a discussion of and whether or not it's really that weird to live with your parents in your late 20s.
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# ? Nov 8, 2017 20:50 |
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Living with parents can be a GWM move but I've seen far too many examples of people that act more like lovely roommates living rent free than using the opportunity to do something constructive.
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# ? Nov 8, 2017 20:52 |
Haifisch posted:At least everyone in the comments is telling him this is a terrible idea. quote:Precisely. Many people completely ignore the fact that marrying an established older man is actually a legitimate life option for many women. Men simply don't have that option - it's work, provide (for yourself, or for your spouse), or go gently caress yourself. Women don't have that same pressure (which is part of the reason why male suicide rates are so high). They can always hit the eject button and choose the easy way out (i.e. living off a man's income), while men are left to fend for themselves and abandoned if they fail to perform.
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# ? Nov 8, 2017 20:57 |
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Dear Prudence is a goldmine of bad decisions: http://www.slate.com/articles/life/dear_prudence/2017/11/dear_prudence_help_how_do_i_know_if_i_m_bad_at_sex.html quote:Q. College: My husband is 20 years older than me and we have a 6-year-old daughter together. My stepchildren are all married and had children at very young ages—the grandchildren are older than my daughter. My relationship with my stepchildren has mostly been civil and respectable as I came into their lives when they were adults. At a recent family gathering, the topic of the cost of college came up and my stepdaughter (mother of five) blithely said she didn’t have to worry because “Daddy would take care of it.” My husband paid for all his children’s college and a few of their graduate schools but doesn’t make nearly as much as he used to. He will be looking at retirement in a few years and most of our income is going to come from me. I am not worried about providing for our daughter—but one girl is not the same as 10 grandchildren. I hope she outlives her husband, inherits everything, and then disinherits that stepdaughter.
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# ? Nov 8, 2017 20:59 |
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Good on the husband for backing her up, and no need to blame yourself for saying something because it was going to come up eventually.
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# ? Nov 8, 2017 21:03 |
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People who plan to rely on grandparents to pay for their children's education - without a clear offering along these lines - are scum and are the reason wealth often doesn't last 2 generations. The Millionaire Next Door calls this "Financial Life Support."
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# ? Nov 8, 2017 21:19 |
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There are plenty of men that are dependent on their wives as sole bread-winners. This is just dumb misogynistic reddit poo poo manufactured out of a sense of victimization and a sheltered, ignorant understanding of the world.
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# ? Nov 8, 2017 21:26 |
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# ? Jun 8, 2024 08:57 |
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Lol yep my friend's in-laws pay his rent because their daughter married a fragile little man who literally told me that effort feels like "being zapped by an electric shock," and in science experiments the rat learns to stay away so This conversation just happened two hours ago and my blood pressure is through the roof, I'm speechless and am giving up on offering any type of advice or helping hand His wife just got her first job in her field making a slim 30k, at least she can help her parents in supporting the embarrassment of a human that my once competent friend has morphed into KingSlime fucked around with this message at 21:33 on Nov 8, 2017 |
# ? Nov 8, 2017 21:30 |