usaar333

93 ms·

901.
by usaar333 8y ago
Well, historically, but not in the past 9 years. Last 9 years S&P 500 return is ~13.9%. Both housing and market returns have been abnormally high.
902.
by usaar333 8y ago
> What would you do if your rent went up 10% - 20% a year? Rents follow inflation. So does my salary expectations. Not getting the ant/grasshopper metaphor. The trade-off is solely a function of risk ability & willingness (high
903.
by usaar333 8y ago
> They rented houses (didn't have the down payment) to get the benefits of more space This is just a statement that living beyond your means is bad. Even in markets where renting is cheaper ( https://medium.com/@usaa
904.
by usaar333 8y ago
Or it can come out behind if alternative investments have higher returns. A calculator: https://medium.com/@usaar33/an-up-to-date-buy-or-rent-calcul...
905.
by usaar333 8y ago
> We have not had inflation for a long time, but I remember the Carter years where we had inflation and people who rented were in a world of hurt. Owners had no such problems. I could see how an owner with a mortgage benefits with unexpe
906.
by usaar333 8y ago
It depends where you are. I'd argue the SF Bay Area is not being driven by investors (many investors think it is bad to invest given the very low rent yields), but by supply constraints themselves. The supply constraints are not so muc
907.
by usaar333 8y ago
We're thinking the same scope, just different titles. I'm more familiar with companies that level set as follows: VP Engineering -> runs the 100 person org <L8 equiv> Director -> manages managers (30 person org) <L
908.
by usaar333 8y ago
> You will not be hired as T7 either. What do you mean by this? (I know someone that was)
909.
by usaar333 8y ago
Your L4+ levels seem pushed up by one to two. Levels should align to manager equivilent scopes. Based on my own experience at peer company and https://www.quora.com/What-are-all-the-job-levels-in-Googles... L4: Capable o
910.
by usaar333 8y ago
Years of experience don't matter as much as output. If you are capable of outputting at t7 level after 10 years of experience, that would make you one of the best engineers (by Google ratings) in the world. And yes, you could be earni
911.
by usaar333 8y ago
Yes, but if you are capable of getting to senior levels at Google, COL in the Bay area is much less of a concern.
912.
by usaar333 8y ago
> Tech employees, who skew younger and more educated than people in other industries, are more likely to identify as Democrats and to donate as such. And how much of the donation difference can be explained by the demographics of tech em
913.
by usaar333 8y ago
How is it not true in East Asia? The rich countries (Japan, South Korea) have super low fertility rates; the poor ones have higher (North Korea). Can you point out some clear violators? The inverse relationship is obvious in South Korea: h
914.
by usaar333 8y ago
What destruction? On most metrics, they are improving.
915.
by usaar333 8y ago
It's true in East Asia as well. In fact, where is it not true? https://en.m.wikipedia.org/wiki/Income_and_fertility
916.
by usaar333 8y ago
If you look at the report, generally things are getting better in developed counties. https://news.nationalgeographic.com/news/2014/09/1409030-ani... All the hit is coming in developing nations.
917.
by usaar333 8y ago
> Studies on happiness--as hard as that is to objectively study--show it is more closely related to social status than absolute and total consumption. > In other words, the SUV or sports car apparently has more to do with making peopl
918.
by usaar333 8y ago
> . The whole reason for the first 2000 yen not being tax deductible is this is something you are only supposed to do if you seriously want your money to go to a local government, and allowing non-taxed return gifts defeats the intention
919.
by usaar333 8y ago
> I wish I could start a poll here, but does anyone really think there's still time? Really? Climate change is not a black & white thing; it's a gradient of bad things. No, we're not going to avoid heavy costs (sea l
920.
by usaar333 8y ago
> Based on last year's acceptance rate of ~3% and the expected lifetime earnings of ~$3,000,000, then the price you should pay for that lotto ticket should be $89,800. It's not the lifetime earnings from a Harvard education th
921.
by usaar333 8y ago
If Harvard was scoring Asians no worse than Whites, there would be less outrage. Instead, data is suggesting that Harvard actively is discriminating against Asians in favor of all other groups (including Whites). That is absolutely not jus
922.
by usaar333 8y ago
On the other hand, marginal tax rates are a thing. If you take six months off (across a year boundary), you might be only losing 55% of your salary or so, not the entire thing. (That is your marginal rate is much higher than effective) Say
923.
by usaar333 8y ago
> it’s a lot cheaper than what I’d imagined That's mostly because so few people buy them. You are getting low hanging fruit prices; if we were offsetting a significant amount of world emissions, offset prices would be much higher.
924.
by usaar333 8y ago
The article seems to paint a rather non-crisis economically, perhaps unintentionally: > The United States, it said, could lose roughly 1.2 percent of gross domestic product for every 1.8 degrees of warming. I guess that's in Fahrenh
925.
by usaar333 8y ago
Highest bracket for ordinary investment income is 54.1%. 37% federal income, 13.3% state, 3.8% federal net investment. California uses same tax rate for long term cap gains. So highest long term rate is 37% (20% federal, 13.3% California, 3
926.
by usaar333 8y ago
It matters how you are defining rate. The 4% rule is using a withdraw amount fixed to an initial start time, only increasing with inflation. If your withdraw in a given year is percentage of current portfolio size, you can tolerate a higher
927.
by usaar333 8y ago
I find it odd to blame DAFs rather than the absurd tax laws that enable them. There are several oddities in our tax laws: - extremely generous treatment of donating long term appreciated property. You deduct the FMV and also avoid paying ca
928.
by usaar333 8y ago
And actually increased the draw of dafs, since now you want to batch years of donations into a single year to get past the standard deduction.
929.
by usaar333 8y ago
Well, then you have the problem of defining what a DAF vs. regular charity is. Regular charities might also just stockpile your money or give to other charities - and what makes DAFs so special is that they don't have any legal obliga
930.
by usaar333 8y ago
> But no matter what, if they just sold the damn asset and kept the money, they would have more money at the end of the day than they would having gone through this rigmarole. Yes, that's true, but that ignores the personal benefits

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