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Hey you guys are needed in the Altcoin thread to argue about what is or is not a Ponzi scheme.
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Dec 16, 2017 08:42
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Guinness posted:The real estate industry has done a real good job of beating the idea of homeownership into the average American's head. Don't think too hard about whether it's actually a good idea or not in your circumstances, just do whatever you can to buy buy buy! Renting is throwing money away, get started building equity! Not having to loving move all your poo poo every couple years is a hell of a drug too.
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Dec 16, 2017 11:08
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I hear people bitch about not being approved for mortgages almost everyday. If you've got 10k in credit card debt, only have the minimum 3% down payment in your savings (or your 401k that you insist on taking a loan from to buy the house), a car note of $400 a month, make 40k a year, and have a debt to income ratio of 70% then....no. No we're not going to give you a 500k mortgage. They may be able to find a place, but suggesting looking outside of their neighborhood is just unacceptable.
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Dec 16, 2017 13:36
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Just roll the credit cards and car loan into the mortgage.
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Dec 16, 2017 13:43
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sleepy gary posted:Just roll the credit cards and car loan into the mortgage. Put wheels on the house so it counts as a vehicle, then try to get a lease arrangement with a balloon payment at the end.
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Dec 16, 2017 13:48
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Hoodwinker posted:I scrolled through all of that. Nobody cares. Every time I'm scrolling past some lengthy argument in a thread, I wonder if anyone is actually reading any of it besides the two or three participants. But I understand that it's preferable to make everyone else think you're an annoying pedantic tiresome blowhard than to allow one other person to think they're right when you know they're wrong about some completely irrelevant issue for which their incorrect beliefs will never have the slightest impact on your or anyone else's life.
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Dec 16, 2017 13:53
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I am a teacher at a school for rich Chinese kids. My coworker and I are sort-of-coteaching an IT class. It's my class, but I got stuck with two wildly different ability levels, the lower group isn't even supposed to be in there, and I have them off doing busywork. So now I've got this guy to take over. He's been working with them on the code.org stuff I had them doing. But he's talking about giving them his own project. He's been dabbling in cryptocurrency. He wants to have them set up cryptocurrency wallets with some joke coin or something and have them do transfers and stuff. Part of me is like "okay, well, that would require them to gain a grasp of a whole lot of computing concepts before they could make it work." The other part of me is like "are you insane?"
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Dec 16, 2017 13:54
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Yep let's keep talking about craptocurrency, that'll be entertaining
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Dec 16, 2017 14:02
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VideoTapir posted:I am a teacher at a school for rich Chinese kids. My coworker and I are sort-of-coteaching an IT class. It's my class, but I got stuck with two wildly different ability levels, the lower group isn't even supposed to be in there, and I have them off doing busywork. So now I've got this guy to take over. He's been working with them on the code.org stuff I had them doing. But he's talking about giving them his own project. The transfers and stuff like that work the same (time frames not included) as regular online banking, so it may give a bit of real world know how to them.
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Dec 16, 2017 14:35
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Doc Hawkins posted:Yes, of course, to whatever degree that you direct your wife's activities and material conditions. The even more obvious example would be if you had one for a child. I have a sizeable life insurance policy on my child because there is a history of rated illness in my family, and it’s a way to lock in reasonable premiums for her when she’s older.
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Dec 16, 2017 15:21
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Zo posted:now, guess what insurance does? So you did believe I was saying it is bad to have life insurance. Amazing. AreWeDrunkYet posted:The reason you can take out insurance where there is an insurable interest is that this mitigates the moral hazard (which is there regardless!). If the insurable interest doesn't exist, these incentives are twisted and can lead to undesirable outcomes. You're a kinder person than I am, to actually spell it out. Subjunctive posted:I have a sizeable life insurance policy on my child because there is a history of rated illness in my family, and it’s a way to lock in reasonable premiums for her when she’s older. That sounds like a pretty badass level of prudence and foresight in a lovely situation. Good luck to you and her.
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Dec 16, 2017 15:44
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Fil5000 posted:Put wheels on the house so it counts as a vehicle, then try to get a lease arrangement with a balloon payment at the end. I know this is a joke, but even reading it made me scream internally.
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Dec 16, 2017 16:39
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22 Eargesplitten posted:I know this is a joke, but even reading it made me scream internally. Then my work is done.
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Dec 16, 2017 16:48
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Propaniac posted:Every time I'm scrolling past some lengthy argument in a thread, I wonder if anyone is actually reading any of it besides the two or three participants. Depends on the participants whether I read them but I also read technical manuals for fun sooo grain of salt. Regardless, those sick from-on-high burns really work best when the argument is current, not like a day later. Got to visit the in-laws this past week. I know my FIL is pulling two gov pensions and they have savings, but that's it as far as I know and I don't know the state of their finances. They refuse to let us pay for anything when we visit them and constantly send their 3 adult offspring not small sums of money, meanwhile my MIL frets over $60/mo additional rent for their two cats and the additional water/electricity needed to service the pool in their rental (they sold their house and moved from upper midwest to FL when they retired). They're not old, 50s and 60s, and I live in perpetual terror they're going to live into their 90s eating dog food in some home that looks like the hospital from Jacob's Ladder. My MIL asks me one morning if I would do secret shopping and I tell her only if they pay for the goods/service up front (not worth my time to report FMV of goods/services on top of SE taxes, no thanks). She insists that her friend does it and pays for things and that she always gets reimbursed and always reports the value of what she receives because she's a minister's wife (lol ok mom) and she even receives a bit of extra payment too. Well drat, I tell her, she's not even making minimum wage! But her friend likes it, MIL says. I'm like, yeah most people would go for some money over no money, which is why we established a minimum wage that must be paid so businesses can't take advantage of people like this. Again with the 'but she's decided it's worth her time and it's right for her situation' and I'm like "yeah, poverty"  But for real this is a distraction from the real BWM which is my own mother, the one with $6k in her 401k at 55. She is insane and won't accept help with anything and every single day with her is like a white-knuckled roller coaster ride where you kind of wish the ride just breaks and you fall to your death. Families, man.
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Dec 16, 2017 19:11
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Selling my half of the house after 5 monthsquote:Quick back story: Moved in August 2017 to my older sisters home after her divorce. I put $15k down cash and pulled out $150k house loan and now I'm part title owner of home. However, sister has been difficult to live with. Have moved out. Fast forward to now. My credit score went from 760 to 660. My credit cards are over max limit. My money I've saved up is in the house with a house loan I took out. I would like to take my part out of the house and invest it elsewhere (Bitcoin seems to my my current option).
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Dec 16, 2017 20:24
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I want to slap this person for wasting this great hand he's been given. Also ask how a full time college student can work two restaurant jobs making 54K Student, currently making 45k a year, no bills or debts. Very impulsive spender. quote:I am a 19 y/o college student, I currently attend a State college for free and live with my parents.
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Dec 16, 2017 20:52
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He (or she) recognizes he has a problem and is trying to start fixing it. But drat that’s a lot of money at 19.
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Dec 16, 2017 22:12
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I would have been much much worse with that kind of money at 19, that's for drat sure. At least he's reaching out now to try and get better habits while he's young.
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Dec 16, 2017 23:00
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I thought the advice for young people who spend money freely was "get a job and learn the value of money.". This guy's already got two... So yeah, just don't buy poo poo?
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Dec 16, 2017 23:14
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Wow, that kid is absolutely going to be fine. Good god how is he working full time and going to college at the same time??
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Dec 17, 2017 02:22
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Full time school is often only 20-30 hours / week including study time. If you work weekends and evenings it’s definitely doable.
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Dec 17, 2017 02:36
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KingSlime posted:Wow, that kid is absolutely going to be fine. Good god how is he working full time and going to college at the same time?? If the people I encountered doing so are anything to go by, he is either a heavy (meth/dex/whatever) amphetamine user, or has a superior genetic trait that allows him to be fully rested after four hours of sleep, much like Margaret Thatcher.
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Dec 17, 2017 02:38
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Jordan7hm posted:Full time school is often only 20-30 hours / week including study time. Good lord where did you go to school? I went to technical college and a “light” semester was thirty hours of butt-in-chair (or lab), and that again in studying. The few people who tried to work part time on top of that either had terrible grades, dropped out, or took a couple extra semesters to finish.
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Dec 17, 2017 02:41
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Weatherman posted:Yep let's keep talking about craptocurrency, that'll be entertaining For sure. One of my friends is working a temp job and one of her coworkers sold everything, including his kids bikes, to buy bitcoin. Best dad in the world.
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Dec 17, 2017 03:49
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Edit: sorry! 
Involuntary Sparkle fucked around with this message at 04:21 on Dec 17, 2017 |
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Dec 17, 2017 03:55
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FrozenVent posted:I went to Involuntary Sparkle posted:I was extremely lucky to https://www.youtube.com/watch?v=BLUkgRAy_Vo Just because I'm anticipating reports
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Dec 17, 2017 04:09
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FrozenVent posted:Good lord where did you go to school? I went to technical college and a “light” semester was thirty hours of butt-in-chair (or lab), and that again in studying. The few people who tried to work part time on top of that either had terrible grades, dropped out, or took a couple extra semesters to finish. Quick everyone post about how much you studied in school.
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Dec 17, 2017 04:58
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Motronic posted:Selling my half of the house after 5 months Wait, why does it matter what her credit score is for investing? Was she planning on taking out a loan for this?
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Dec 17, 2017 05:11
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Dec 17, 2017 06:00
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"Live on the edge of financial ruin, and you too can funnel money up a pyramid scheme!"
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Dec 17, 2017 06:11
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Lmao, my wife used to work for Enterprise and her customers would constantly try to recruit her for some MLM scheme, including that wrap one which had a convention here in Tampa. She had never even heard of MLM's before that.
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Dec 17, 2017 06:31
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That 14% battery life sets me off worse than the content of the post.
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Dec 17, 2017 07:35
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My wife wanted to write a nonfiction book about MLMs and in order to do that took up two of my cousins's wives on thier pitches for Melaleuka. But my wife couldn't bear lying to everyone she knew so she have up after a month or two, much to my overly generous mother's relief. The other two had apparently been arguing over who got to pitch sales to my mom but since she is my mom they had to give my wife first dibs. My mom was so happy to learn that not only did she not have to buy that poo poo anymore out of social obligation, but also that her daughter in law wasn't dumb enough to drink that kool-aid. Unfortunately one of the cousins's wives successfully reeled in my at the time 90 year old great aunt who was struggling financially. I think it took almost a year for her to realize she would never make money on it.
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Dec 17, 2017 08:47
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Hoodwinker posted:That 14% battery life sets me off worse than the content of the post. How did this "oh god the battery level  " meme start, anyway?
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Dec 17, 2017 12:21
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What is that about wraps? Like...vinyl on cars, or not-sandwiches? Neither of these things seem like things you'd buy from just some guy, even if they are a family member.
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Dec 17, 2017 13:10
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VideoTapir posted:What is that about wraps? Like...vinyl on cars, or not-sandwiches? I think it is like beauty Saran wrap crap
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Dec 17, 2017 13:30
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Yeah, some sort of plastic you wrap around your waist that "melts" the fat away.
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Dec 17, 2017 13:51
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Weatherman posted:How did this "oh god the battery level I think it's honestly kind of a knee jerk "oh god my phone is about to die" reaction that everyone has gotten ingrained in them.
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Dec 17, 2017 14:26
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https://en.m.wikipedia.org/wiki/Wrap_(clothing)
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Dec 17, 2017 14:35
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VideoTapir posted:What is that about wraps? Like...vinyl on cars, or not-sandwiches? It's these guys. 
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Dec 17, 2017 14:49
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