mrep

8 ms·

31.
by mrep 3y ago
I did something similar when I bought my place. Negotiated the 2.5% buyers fee to go towards closing cost. Paid for all the closing costs and my mortgage guy baked in like 4 months worth of property taxes into it to soak it all up.
32.
by mrep 3y ago
They'd still happily write them for kids who can get their parents to co-sign their loan though so you'd mainly just screw over poor kids.
33.
by mrep 3y ago
They have a beacon id and you are supposed to register them [0]. [0]: https://beaconregistration.noaa.gov/RGDB/registrationRequire...
34.
by mrep 3y ago
You're ignoring interest rates which allow the overall price to go up while keeping the monthly payment the same and the fact that houses have gotten a lot bigger over the decades [0]. [0]: https://www.supermoney.com/in
35.
by mrep 3y ago
Sort of. The employee + employer match can go into regular 401k or roth 401k whereas the mega backdoor roth is only roth. Thus you can put ~33,000-66,000 into roth ones and only 0-33,000 into pre-tax ones whereas if the employer match got
36.
by mrep 3y ago
Each is slightly different but it amounts to $10,250 worth of match if you max it out and then you can hit the $66,000 limit through the mega backdoor roth.
37.
by mrep 3y ago
Why? I have all season tires and they work fine enough when it does snow but I also don’t drive much. When I looked into getting winter tires, I saw they generally last 60,000 miles or 6 years whatever comes first and since I only drive li
38.
by mrep 3y ago
You know there is a wealth gini right [0] which has Sweden actually being higher than the US and Denmark 4 spots below it. [0]: https://en.wikipedia.org/wiki/List_of_sovereign_states_by_we...
39.
by mrep 3y ago
Can you explain how you envision that would work? Does the state own all capital to prevent people from accumulating capital, profiting off that and accumulating more?
40.
by mrep 3y ago
Don't forget the Build Back Better Plan which got renamed to the "Inflation Reduction Act" even though the CBO estimated that the bill would have no statistically significant effect on inflation. The assholes in congress str
41.
by mrep 3y ago
Yeah, wind and solar are estimated to be $42.8 and $48.8 per MWh respectively in 2023 [0]. [0]: https://en.wikipedia.org/wiki/Cost_of_electricity_by_source#...
42.
by mrep 3y ago
That would basically kill the entire rental market and force everyone who wants to move to a new place buy a place instead of having the option to rent which would make changing jobs super painful. I moved across the country after college f
43.
by mrep 3y ago
> The largest US company in 1929 had revenues of about $1.5bn - roughly $30bn in 2023 dollars, which wouldn't even put it in the Fortune 100 today. Walmart today has revenues of about $600bn, which is roughly equivalent to 6x the to
44.
by mrep 3y ago
> If you told the banks that you will protect their business regardless of what corrupt, stupid or greedy behavior's they practice... what do you think they'll do? That's not what the FED is doing though. They are protect
45.
by mrep 3y ago
For most Americans, the biggest debt we have is our mortgage and 90% of mortgages in the US are fixed for the entire duration of the loan so nominal cost stays the same and the real cost goes down.
46.
by mrep 3y ago
Why not use a money market account? Vanguard defaults to putting any cash I move there into one and is getting 4.76% currently.
47.
by mrep 3y ago
Cryogenic liquid fueled rockets don't make good standby vehicles. There is a reason they use solid fueled rockets primarily.
48.
by mrep 4y ago
I tried it with my starter python interview question quite a while back and it did pretty good. Just tried it now and it totally missed half the problem but it figured that part out after I told it what it forgot to solve for. Still had a
49.
by mrep 4y ago
I have > 500k net worth which using the 4% rule gives me 20k a year but I still work. Am I a capitol owner or working class?
50.
by mrep 4y ago
Anecdote, but I was required to take an economics class in high school with the basic one being consumer economics which taught me all about personal finance.
51.
by mrep 4y ago
I 100% agree with that. Companies should be barred from doing stock buybacks or paying out dividends for some time if they do layoffs.
52.
by mrep 4y ago
No, the 1.5 trillion dollar number everybody loves to quote is in 2070 then year dollars and is the total cost of the program which includes design, acquisition, operations and maintenance for making and using a lot of planes (~2,300) over
53.
by mrep 4y ago
Really? I grew up in the suburbs of chicago and we didn't really play in the streets. We played basketball in one of our parents driveways or at the local park and played football in one of our parents front/back yards or at the
54.
by mrep 4y ago
Hacker news discussion on it 4 years ago: https://news.ycombinator.com/item?id=19817584
55.
by mrep 4y ago
Maybe find a different company. I ski 2 hours every weekday before I start my work day.
56.
by mrep 4y ago
> My stock broker and the NYSE can't secretly sell my shares and loan out the proceeds. They just hold the stock. Not in the business so I could be wrong but I believe they can loan shares to short sellers to sell and pocket the int
57.
by mrep 4y ago
Yeah it's nuts here in western USA. We've gotten over 200 inches of snow here in Park City Utah and I saw like 10 dump trucks full of snow hauling it away just walking to the grocery store yesterday.
58.
by mrep 4y ago
Come to Deer Valley in Park City Utah, it's only $670 a night for lodging (minimum) and 230-260 a day for passes!
59.
by mrep 4y ago
Double the cost? I thought about getting winter tires but my all season tires are rated for 60,000 miles or 6 years whichever comes first. I only drive like 6,000 miles per year so getting a second set of tires means buying 2 sets of tire
60.
by mrep 4y ago
You generally have an air conditioner though as well as a furnace and you can get those that can also work as a heat pump. Mine supposedly works as both but they only set it up for cooling and my gas furnace does all the heating :(

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