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EAT FASTER!!!!!! posted:We are WAY, WAY beyond that point KK (when'd you change your name?) Well yeah, I think the unemployment rate for White men has been well below the national rates for awhile. And there's always exceptions (it took me 4 months to find a job this year). But for the most part if you're straight, White, and male you don't have a whole lot of excuses. Changed it about two or three months ago. I do like wafers.
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Nov 16, 2017 21:14
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not really that exciting but where the hell do people come up with some of these ideas. https://www.reddit.com/r/personalfinance/comments/7df06l/large_savings_already_set_for_retirement_not/ posted:I'm in my early 30s. I have two pensions; one I can draw at age 55, one at age 58. I haven't set up an additional retirement account (yet). I've been told that if I did, I would not be able to draw social security. quote:Why do you think you won't be able to draw social security if you save money? quote:I had heard that if you have more than three retirement accounts/sources you are/were ineligible to draw social security benefits.
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Nov 16, 2017 21:21
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BEHOLD: MY CAPE posted:If gifting a house I paid for with premarital and marital assets to a sibling in law was going to cost me like $100,000, I would probably be willing to stand my ground at the brink and go through a partition sale over it but that's just me. Of course I would never have gotten into this harebrained investment deal where they are presumably equally titled 50% owners with the in laws free rolling on my mortgage payments for 10 years, so there's that I guess. Sure, but we don’t actually know what her premarital assets were or what her contribution is. For all we know it was mostly paid for by her husband. I think the last sentance is the important one. Don’t do stupid nonsense like this with anybody, let alone family.
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Nov 16, 2017 21:24
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Real talk, is 6% considered a "low" interest rate these days for student loans? Honest question. About to get a mortgage @ 3.875 and it's making me cringe, though after it closes I'm going to swing by the long term investing forum because I think I'm better off aggressive contributing to a 401k than paying ahead on my mortgage. But that's for that thread. BWM: buying a house
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Nov 16, 2017 21:48
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KingSlime posted:There were generally more girls in college than guys, from the time I spent there Agreed, only complete losers blame their failures on race or sex.
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Nov 16, 2017 21:58
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Ehh not quite Only loser dudes with opportunities blame their squandered chances at success on race or sex I'm referring to the bitter boys I personally know and grew up with (one of them, who can't hold a job for more than a few months, is looking into starting up a Bitcoin mining operation to help with child support all thanks to that SHE DEVIL he knocked up)
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Nov 16, 2017 22:09
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For the gifting house one, at most I would consider letting them live there rent free for a while. gently caress giving up the entire house though, that's insane. They're already giving her super cheap rent. The only only other way I would say it's ok to give up the house is if these people are stupidly wealthy. She mentions they make more than the sister-in-law, and have decent savings, but she doesn't say how much. If they're sitting on $1 million, and this is some $150k house, then maybe I could see it. I'm assuming they're still making mortgage payments on the house, I don't think I saw where it was paid off. Is SIL going to take over the mortgage payments? totalnewbie posted:Real talk, is 6% considered a "low" interest rate these days for student loans? Honest question. Are you cringing at 3.875% because you think that's high? We're at historic lows in mortgage interest rates.
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Nov 16, 2017 22:16
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https://www.reddit.com/r/personalfinance/comments/7dede3/mother_wants_to_make_stupid_decision_on_a/quote:Mother wants to make stupid decision on a superstition
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Nov 16, 2017 22:30
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totalnewbie posted:Real talk, is 6% considered a "low" interest rate these days for student loans? Honest question. Invest the remainder, at least as much as you're capable of putting in tax advantaged accounts.
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Nov 16, 2017 22:41
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OctaviusBeaver posted:https://www.reddit.com/r/personalfinance/comments/7dede3/mother_wants_to_make_stupid_decision_on_a/ Best thing to do here is make up a counter-dream
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Nov 16, 2017 22:53
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OctaviusBeaver posted:https://www.reddit.com/r/personalfinance/comments/7dede3/mother_wants_to_make_stupid_decision_on_a/ On that note, this is my landlord: http://www.kelownadailycourier.ca/news/article_085fc8e2-5295-11e5-a1f8-b7f708e785bd.html quote:"It was my intention when I bought the lot 10 years ago to one day build my dream home there," Weisstock, of Witmar Developments, said Thursday. He probably made money off that, but he does other weird stuff, like doing a whole lot of property maintenance himself. One day I saw him bringing a new (used) double-sized refrigerator for the rental property next door, then unloading it off the truck alone.
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Nov 16, 2017 22:54
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Multiple bad with money ideas combined are the best http://www.gold-plating-kits.co.uk/index.php/electroplating-kits.html quote:Gold Plating is highly profitable and allows kit owners to offer a huge range of gold plated products that just cannot be found in the High Streets of the world today. If the general public wanted to go out to the shops and buy any of the countless items you could gold plate - they simply will not be able to.
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Nov 16, 2017 23:01
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BWM: I just spent $80 total on two sweaters that say “I Miss My Dog” One for me and one for my cousin as an Xmas gift.
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Nov 16, 2017 23:05
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Krispy Wafer posted:Well yeah, I think the unemployment rate for White men has been well below the national rates for awhile. And there's always exceptions (it took me 4 months to find a job this year). But for the most part if you're straight, White, and male you don't have a whole lot of excuses. Why do you keep writing white men with a capital W?
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Nov 16, 2017 23:11
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He means White as in you're Walter White
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Nov 16, 2017 23:16
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Weatherman posted:Why do you keep writing white men with a capital W? It's a grammatical choice. http://www.diversitystyleguide.com/glossary/white-white/ Both white and White are correct. Also, Walter White did a lot for unemployment in Krispy Wafer fucked around with this message at 23:33 on Nov 16, 2017 |
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Nov 16, 2017 23:19
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Krispy Wafer posted:It's a grammatical choice. New Mexico 
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Nov 16, 2017 23:29
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One Weird Trick to paying off your student loans and being insufferable about it: financial support from your parents https://www.forbes.com/sites/zackfriedman/2017/11/15/student-loans-repayment/amp/
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Nov 16, 2017 23:46
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House-Chat is great. My father had a similar idea, he said to all of us kids quote:we should help your eldest brother buy a house. Once he gets a house, we can then do for the rest of you  There's 7 of us. Papa John Misty posted:One Weird Trick to paying off your student loans and being insufferable about it: financial support from your parents quote:That’s right. Every paycheck that I received, I would put in an average of $2,000/month into my loans, and attacked them one at a time. Suspicious Lump fucked around with this message at 00:41 on Nov 17, 2017 |
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Nov 17, 2017 00:34
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When we were in college and without dental insurance, my wife went in to get a crown done. The dentist told her she needed that done, plus this other thing, plus this thing, and replacing this filling, blah blah blah $12k worth of work needed to be done. That represented about 50% of our gross annual income and she started crying thinking about how we couldn't pay it and had no idea how we would come up with $12k. The puzzled dentist said  "Why don't you just ask your parents to pay for it?" It's as if this guy had no concept that someone's parents might not have $12k just lying around waiting for a kid to ask for it. Felt very Lucille Bluth "it's one banana, how much could it cost? Ten dollars?" (we went to a different dentist and he said her teeth were fine, and did the one thing we needed for $600. 6 years later her teeth are still fine according to every other dentist that ever looked at them)
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Nov 17, 2017 00:43
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Suspicious Lump posted:House-Chat is great. My father had a similar idea, he said to all of us kids Why would they write the article when he has $1300 left out of a $65000 loan? Just wait two weeks until he pays it off. That's just stupid timing.
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Nov 17, 2017 01:18
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totalnewbie posted:Real talk, is 6% considered a "low" interest rate these days for student loans? Honest question. My federal school loans were at around 6% and I paid them fast as hell. My private student loans are at 2.5-2.85%. I’ve been paying them down but I’m not in any hurry there. Rather pay down my mortgage.
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Nov 17, 2017 02:37
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My boss, who is always complaining about money issues and lives paycheck to paycheck, just bought 2 iPhone Xs. One for him, one for his wife. $2700 because he also got AppleCare
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Nov 17, 2017 04:11
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Dick Nipples posted:My federal school loans were at around 6% and I paid them fast as hell. My private student loans are at 2.5-2.85%. I’ve been paying them down but I’m not in any hurry there. Rather pay down my mortgage. That's a fantastic rate, especially if fixed
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Nov 17, 2017 04:25
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Inept posted:My boss, who is always complaining about money issues and lives paycheck to paycheck, just bought 2 iPhone Xs. One for him, one for his wife. $2700 because he also got AppleCare Honestly the nerve what do you expect people to use as a phone? A 2 year old apple phone, ugh
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Nov 17, 2017 04:39
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Tomfoolery posted:Multiple bad with money ideas combined are the best who needs a kit when you can just burn mercury and wind up on some dude's podcast.
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Nov 17, 2017 05:06
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Inept posted:My boss, who is always complaining about money issues and lives paycheck to paycheck, just bought 2 iPhone Xs. One for him, one for his wife. $2700 because he also got AppleCare Goddamn Apple is just printing money these days.
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Nov 17, 2017 08:56
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Vox Nihili posted:Goddamn Apple is just printing money these days. The thing I love the most about the iPhone is that the most expensive component of the entire thing is the screen which is manufactured by their most bitter rival Samsung. I wish that Samsung phones had components manufactured by Apple too so that the irony circle would be complete.
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Nov 17, 2017 15:09
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When we run out of rare metals in a couple decades, prepare for the iPhone wars.
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Nov 17, 2017 15:19
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BEHOLD: MY CAPE posted:The thing I love the most about the iPhone is that the most expensive component of the entire thing is the screen which is manufactured by their most bitter rival Samsung. I wish that Samsung phones had components manufactured by Apple too so that the irony circle would be complete. No, but Samsung uses Apple patents so that's kind of the same thing. It's not a new thing. Samsung has been manufacturing iPhone CPUs for years. So a phone designed in California, manufactured primarily in China by a Taiwanese company, has its CPU built in Texas by a Korean company - who also happens to be their biggest rival.
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Nov 17, 2017 15:21
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Krispy Wafer posted:No, but Samsung uses Apple patents so that's kind of the same thing.  and globalization
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Nov 17, 2017 16:26
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Nail Rat posted:When we run out of rare metals in a couple decades, prepare for the iPhone wars. Rare earth metals aren't all that rare.
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Nov 17, 2017 16:33
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Phanatic posted:Rare earth metals aren't all that rare. Some are. https://gizmodo.com/the-metals-in-your-phone-arent-just-rare-theyre-irre-1477904295 quote:Take dysprosium, as just one example. Atomic number 66, substitute rating as poor as they get. Not only is it running low (with shortages predicted to get problematic by 2020-ish) but its unique magnetic powers are also key in burgeoning green technologies like electric vehicles and wind turbines, in addition to in your smartphone. And it's bad enough that it's rare, but with no viable substitute in sight, you've got double the problem. It will be an issue at some point unless we start mining asteroids or landfills and I feel like the expense in doing either would be pretty BWM. Nail Rat fucked around with this message at 17:11 on Nov 17, 2017 |
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Nov 17, 2017 17:05
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So what you are saying is that I should invest in Dysprosium stockpiling now so that I can sell it at a huge markup in twenty years. Maybe we can set up some sort of blockchain to allow people to invest in physical dysprosium stockpiles!
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Nov 17, 2017 17:29
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Phanatic posted:Rare earth metals aren't all that rare. Even if they aren't super rare, they are hard to go from ground -> isolated element. Lots of energy goes into their production. Yes that can be mitigated through huge solar/wind farms, but right now we're in a race to get critical mass. I would say recycle your electronics but even that is currently awful for the environment.
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Nov 17, 2017 17:58
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Humans are just Bad With Life
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Nov 17, 2017 18:00
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Nail Rat posted:When we run out of rare metals in a couple decades, prepare for the iPhone wars. They are only rare compared to regular dirt. They are actually quite available.
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Nov 17, 2017 18:09
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Elephanthead posted:They are only rare compared to regular dirt. They are actually quite available. Moreover, it's like anything else: when available reserves get tapped out enough for the price to go up, reserves increase because now it's economical to mine deposits that previously weren't worth it. The big US mine has restarted production precisely for this reason. http://www.zdnet.com/article/americas-only-rare-earth-metals-mine-gears-up/ The US is now the leading petroleum producer in the world. Because we reduced producing petroleum when other places did it cheaper, and then prices rose, and it became economical for us to start producing again.
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Nov 17, 2017 18:18
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metallicaeg posted:Humans are just Bad With Life It's chemistry in action How many wildly successful organisms are able to maintain favorable conditions for a long time (geologically speaking not like a few hundred years wise) while thriving, multiplying, and extracting resources at record paces? Everything generates waste and eventually kills itself before something else comes along to take advantage of the new conditions, at this point even the most tenacious efforts on our part would add a few seconds to our timeline if it was compacted into a 24 hour day Not a good reason not to try but it sure helps me sleep happily at night cuz nothing really matters when you look at the bigger picture, and all actions come with consequences so *shrug* KingSlime fucked around with this message at 18:40 on Nov 17, 2017 |
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Nov 17, 2017 18:37
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Ashcans posted:So what you are saying is that I should invest in Dysprosium stockpiling now so that I can sell it at a huge markup in twenty years. IDO (initial dysprosium offering)
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Nov 17, 2017 18:47
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