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Post by doctorquant on Dec 29, 2023 13:22:38 GMT
Good God can senators of color from Massachusetts be full of shit.
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Post by dirtybird on Dec 29, 2023 13:52:45 GMT
I think this is the dream urban landscape for Liz Warren and others of her mindset. Although, to her credit, at least she's suggesting there is still a place for single-family homes. Some environmentalists want to do away with those entirely.
Wild to have Liz and the free marketers on the same side on that one. |
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Post by doctorquant on Dec 29, 2023 13:54:17 GMT
I love the "plain old Econ 101" bit. Priceless coming from her.
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Post by gordonbombay on Dec 29, 2023 14:20:30 GMT
Yeah I’ve seen the new housing popping up all over greater boston and they are not single family homes
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Post by YankeeFan on Dec 29, 2023 14:27:45 GMT
I have a bunch of friends in Massachusetts, spanning the political divide.
One thing they all agree on is the at they do not want multi family housing in their town/neighborhood.
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Post by doctorquant on Dec 29, 2023 15:10:15 GMT
My older daughter's dipping her toes in the Austin housing market, which is insanely expensive (for single-family detached units) relative to her income. She's a very cautious person by nature, and the ins-and-outs of homebuying are pretty intimidating for her. I've been trying to assist, but it's been almost 20 years since I did a real-estate purchase. One of the especially frustrating things is that I can't for the life of me find some place on the interwebs that gives one a rough idea of mortgage scenarios WITHOUT actually coming across with personal information.
I finally just did a tentative inquiry with my bank this morning, which I'll probably regret once the mortgage officers and real estate agents start reaching out with unsolicited offers to "assist."
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Post by doctorquant on Jan 26, 2024 18:09:54 GMT
My friend who's a stockbroker (and also manages a chunk of my money) came by yesterday for a beer and was in a DAMN good mood. "We made out pretty good today," says he, grinning while telling me to check out how stock X has performed. Four years ago he bought me a chunk of X at around $120 a share ... it's over $600 a share now. He hasn't batted 1.000, but his extra-base hits have more than made up for his strikeouts.
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Post by Da Man on Jan 26, 2024 18:26:53 GMT
My friend who's a stockbroker (and also manages a chunk of my money) came by yesterday for a beer and was in a DAMN good mood. "We made out pretty good today," says he, grinning while telling me to check out how stock X has performed. Four years ago he bought me a chunk of X at around $120 a share ... it's over $600 a share now. He hasn't batted 1.000, but his extra-base hits have more than made up for his strikeouts. I wish to subscribe to your newsletter. |
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Post by doctorquant on Jan 26, 2024 19:12:01 GMT
My friend (let's call him "Jim") and I, we had this friend ("Joe," now deceased) who fancied himself this grand trader because he watched CNBC every morning. Every now and then he'd get hot and bothered and make a few trades, and inevitably what he bought would hiccup a bit in the next few days. I'm not exaggerating when I say that the moment he found himself down $1,000 on a $50,000 play, he'd bail. A handful of times a year he'd dip his toes in, and he'd lose money every time simply because he couldn't stomach even the thought of only-on-paper losses. Every time, I'd sternly say "Joe, you either need to stay the fuck out of the market OR you need to give Jim this money and have one sit-down a year with him. At the sit-down, ask him what happened, let him tell you, and then say, 'Same time next year?'"
I manage my business relationship with Jim the way I begged Joe to do it. Jim's firm sends me quarterly statements, which I look at and then throw away. Jim'll call every now and then to let me know he's going to do something, and every time I say, "Sounds good! And that next thing you're going to do, and the thing after that? I'll be fine with them, too!"
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Post by batman on Jan 27, 2024 5:33:54 GMT
My friend (let's call him "Jim") and I, we had this friend ("Joe," now deceased) who fancied himself this grand trader because he watched CNBC every morning. Every now and then he'd get hot and bothered and make a few trades, and inevitably what he bought would hiccup a bit in the next few days. I'm not exaggerating when I say that the moment he found himself down $1,000 on a $50,000 play, he'd bail. A handful of times a year he'd dip his toes in, and he'd lose money every time simply because he couldn't stomach even the thought of only-on-paper losses. Every time, I'd sternly say "Joe, you either need to stay the fuck out of the market OR you need to give Jim this money and have one sit-down a year with him. At the sit-down, ask him what happened, let him tell you, and then say, 'Same time next year?'" I manage my business relationship with Jim the way I begged Joe to do it. Jim's firm sends me quarterly statements, which I look at and then throw away. Jim'll call every now and then to let me know he's going to do something, and every time I say, "Sounds good! And that next thing you're going to do, and the thing after that? I'll be fine with them, too!"
That's pretty much how I am with my 401k. I'll check it when I think about it, occasionally shuffle some of the investments around, but for the most part it's playing the long game. If I was closer to retirement age I might freak out when it dips, but I've seen it go up and down enough to realize that's part of the game. I also have the pessimistic view that if the stock market crashes for real — like, really, really crashes — then my 401k is going to be the least of our worries.
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Post by btexpress on Jan 27, 2024 6:18:13 GMT
With my retirement date set for "the next time the company pisses me off," my 401(k) is only about 15% in stocks.
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Deleted
Deleted Member
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Post by Deleted on Jan 27, 2024 13:08:48 GMT
I enrolled in a pension plan and a 401k when I started in the journalism business. By the time I left 10 short years later, both had been completely wiped out.
Great career choice, dingus.
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Post by doctorquant on Jan 27, 2024 13:22:32 GMT
With my retirement date set for "the next time the company pisses me off," my 401(k) is only about 15% in stocks. Now that I am retired, I need to dial back my exposure to stocks. |
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Post by btexpress on Jan 27, 2024 14:10:28 GMT
I check my 401(k) from the SAME computer and ONLY that computer.
Every time they send me this message:
----------------------------------------------
"Enter security code (texted to me): _______
• Yes, skip security codes when you recognize me.
• No, prompt me with security codes every time I log in.
Please note there are a multitude of factors that contribute to your recognition, including but not limited to device, browser, and location."
-----------------------------------------------------------
Every time I check the box for "skip security codes when you recognize me," and every time they ignore my request and make me enter a security code.
This year I increased my 401(k) contribution and increased how much was taken out of my wife's pitiful paycheck, and we're still going to owe another $1,000 or so on April 15.
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Post by batman on Feb 13, 2024 19:07:25 GMT
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