| Money Talk|| re: What grade do you give your personal finance skills? - Hand on 11/22/13 at 8:16 pm|
The amount that I do owe is minimal and at an average rate of 1.5%... B
I'm on autopilot for the most part... I limit my purchases. I don't have a want for stuff, but the stuff I do own, I want to be really nice... I project my quarterly personal...
| Money Talk|| re: Land as an investment - Hand on 11/22/13 at 7:28 pm|
I'm younger... no wife... no kids. I recently decided against purchasing multiple acres waterfront for $20,000 per.
Here's why I wanted it: It's beautiful land. I feel that it's a good deal. Similar property in the area is selling for $30,000 per acre (smaller acreage). I want diversification be...
| Tiger Rant|| re: Players need to improve on disguising their blitz - Hand on 10/7/13 at 12:30 pm|
This has been the case since Chavis has been here. Telegraphed all the way. That's why they've been so ineffective....
| Money Talk|| re: Empire State Building IPO - Hand on 9/21/13 at 10:46 am|
There was a lot of empty space in it the last time I was there.
I used to have an article laying around my office of these SPE's of certain institutions that would purchase office buildings, wait for a RE market uptick, have the building re-appraised, get some other institution to load it up with...
| Money Talk|| re: BlackBerry loses $1B latest qtr, to lay off 40% of workforce - Hand on 9/21/13 at 10:34 am|
I wouldn't be surprised to see IBM, HP, or some government contractor that we've never heard of buy them....
| O-T Lounge|| re: MoMa or Guggenheim? - Hand on 8/22/13 at 11:43 am|
the met is not only one of my favorite museums, but one of my favorite places. you can spend a lot of time there.
moma can be enjoyable and it's fun if someone is with you.
i found guggenheim to be neither interesting nor fun and to be completely honest, creepy as hell...
| O-T Lounge|| re: Best tactical fighter aircraft? - Hand on 8/19/13 at 5:02 pm|
| Money Talk|| re: How do those online mortgage calculators work? - Hand on 8/1/13 at 1:08 pm|
So in a low rate environment you can "afford" a larger or more costly home because the notes are smaller relative to the balance of the mortgage but the same relative to your income. People get in trouble with ARMs and ballons because the don't understand changing rate environments. Other rules of t...
| Money Talk|| re: How do those online mortgage calculators work? - Hand on 8/1/13 at 12:57 pm|
No. It's based on percentages. Your gross income is used. They upper end of what they say a person can afford when it comes to housing (PITI) is roughly 26%. The amount of overall debt you can handle is roughly 36% (including PITI). The other roughly 64% is assumed to go to income and payroll taxes,...
| Money Talk|| re: Perfect Annual Salary? - Hand on 7/29/13 at 11:36 pm|
FWIW I read some article a few months ago stating the cost to raise a child to 18 years old in today's dollars is somewhere between $250k and $280k....
| Money Talk|| re: Perfect Annual Salary? - Hand on 7/29/13 at 11:32 pm|
Purely hypothetical example of a $100k single earner in his late 20s:
-6k social security
-5.5k roth ira
= $39.25k = $3,270 per month
-405 electricity/water/sewage/trash/natty gas/...
| Money Talk|| re: Perfect Annual Salary? - Hand on 7/28/13 at 12:52 pm|
Add payroll and state taxes to that...
| Money Talk|| re: Perfect Annual Salary? - Hand on 7/28/13 at 12:24 pm|
100k would be alright. you still have trade offs between roi and rol. 150k would give you an extra ~2k per month to have fun with. ...
| Money Talk|| re: What's a "normal" amount of money for a late 20s person to have in savings? - Hand on 7/27/13 at 4:32 pm|
I keep 3x monthly expenses in my "operating account". This is the account I use to pay all bills.
I keep 6x monthly expenses in my "savings account". I use this as an emergency fund and to fund my Roth IRA and my HSA as early in the contribution year as possible.
I keep 0.5x (book) annual sal...
| Movie/TV Board|| re: Chick flicks you are ashamed you like - Hand on 7/24/13 at 11:08 pm|
When Harry Met Sally...
| Movie/TV Board|| re: The Writers' Room - Hand on 7/24/13 at 10:28 pm|
The Breaking Bad episode is free on iTunes right now....
| Money Talk|| re: Economist Peter Schiff Forecasts Second Crisis to Hit Around 2013 - Hand on 7/6/13 at 5:38 pm|
1. I support the Austrian School
2. Schiff is doing a pump and dump with gold and increasing his funds' asset sizes
3. Yes, the United States can't keep borrowing money and it will lead to more issues down the road
4. The Dollar will always have its place. When we frick up, the rest of the world f...
| O-T Lounge|| re: AppleTV Owners: how often do you actually use it? - Hand on 6/1/13 at 2:50 pm|
Everyday. I cut the cord. I've got a Roku (bedroom), AppleTV (living room), an antenna, Netflix subscription, ESPN3, and rent from iTunes.
| O-T Lounge|| re: "Step cousin" - Hand on 6/1/13 at 3:34 am|
Anything after second cousin doesn't count. Marriage ........... or blood.
The consequences of being a social pariah are overblown. There are perks... like having more time available to frick your cousin.
| Money Talk|| re: Can someone explain the difference between 'Beta' and 'Standard Deviation'? - Hand on 5/19/13 at 9:06 pm|
Hedge postions with derivatives and diversify the portfolio with uncorrelated asset classes....
| Tiger Rant|| re: Throw out your best case comparison and worst case comparison for Mett - Hand on 5/11/13 at 1:39 pm|
[quote]Best: Mark Sanchez [/quote]
... Whether we want it or not......
| More Sports Board|| re: Who should bear the costs of retired NFL players’ medical bills? - Hand on 5/11/13 at 10:13 am|
Who is going to be responsible for my diabetes, carpal tunnel, and poor eye sight from sitting in front of a computer all day at the end of my career? ...
| Tiger Rant|| re: Feeling bad for Faulk - Hand on 4/27/13 at 4:31 pm|
| Tiger Rant|| re: Feeling bad for Faulk - Hand on 4/27/13 at 3:19 pm|
Didn't Faulk say he got a second round grade and that's why he entered the draft?...
| Tiger Rant|| re: Brent Bonvillain gave a ball that says F*** off to Arky Fan. - Hand on 4/14/13 at 10:19 am|
Compare the "o"in off and the "o" in love. Someone else wrote it....
| O-T Lounge|| re: Dating a Co-Worker - Hand on 4/6/13 at 10:53 am|
There's no way to not frick this up....
| Money Talk|| re: Once A Year Employer 401K Contribution - Hand on 4/3/13 at 10:55 am|
| O-T Lounge|| re: Names in History That Have Been Forever Ruined - Hand on 3/30/13 at 7:44 pm|
| O-T Lounge|| re: Can the OT recommend a good travel backpack? - Hand on 3/26/13 at 11:08 pm|
I'm a fan of Dakine. I have this [link=(http://www.dakine.com/p/packs/street-packs/2013-summer-mens/terminal-31l?clr=CB1)]one[/link]....
| O-T Lounge|| re: Should I major in Finance or Accounting? - Hand on 3/25/13 at 8:47 pm|
FIN+>3.0GPA=Insurance or Banking
FIN+>3.0GPA+Rich Parents=Wealth Management
FIN+<3.0GPA=Real Estate or "Management Trainee"