117600+ entries in 0.955s
liquidassets: in spite of these two failures
I manage a decent size portfolio now
PeterL: any financial advice
I give should be taken with a grain of salt, as exemplified by my horrible mortgage investment
I don't have alot of good marks on my record
liquidassets: 2nd one was a $10,000 'private investment' in a mobile medical PET scanner that was such a total scam...RapidScam Imaging
I think it was called lol
PeterL: there is one question "does it make sense to rent or buy (or try squatting) based on my financial situation?" and a separate question of "
I have x money to invest, should
I put it in real estate or investment y or z?"
liquidassets: pete_dushenski been a USmarket bezzle investor since 1999. Alliance Pharmaceutical was my first hot stock tip
I bought into, put all my eggs in that basket. 1 of 2 investments
I've lost all principal
PeterL: based on pete_dushenski's articles,
I am not sure if
I have a good personality for being a land-lord
liquidassets:
I've just tried to blend the two as much as possible
PeterL: for example, where
I want to live (close to my place of employment, nice neighbors, etc) has different criteria than a place for investment (price/value, possible tennants, etc)
PeterL:
I think getting a dwelling and making real estate investments should be approached in different ways
liquidassets: so instead of only buying what you think you can afford.
I always try to buy properties with income producing potential. Might be tough with family though..
PeterL:
I don't think it will take a long time,
I currently live rent free. Before you ask why not just stay, it is a bit small for my family
liquidassets: If your 'goal' is to be comfortable with no debt,
I commend you..for the no debt part...kind of. But the money rules are made to take the most advantage of those that make comfortability their goal
PeterL:
I just hope
I can get things together before interest rates go up too much.
PeterL:
I was unemployed part of this year.
I am working on building a savings to use as a down payment
liquidassets: sure, about 1.1% of assessed value where
I live
assbot: Logged on 19-12-2015 06:39:24; liquidassets: most people, and mexicans
I work with, will buy a house with the little money they have, stack 9-12 members of extended families, and work their asses off to pay off a 30 year mortgage in less than 5
PeterL: would have worked if housing prices hadn't dropped 75% where
I lived
☟︎ PeterL: When
I bought the house
I thought it was a financially good thing to do (
I was in college at the time): buy house, pay mortgage for ~5-8 years, sell and have a nice down payment for the next house wherever my after college job ended up
PeterL: Now
I would want to get a house with a large down-payment, pay it off quickly, then not have to worry about a monthly rent payment
☟︎ PeterL: It is hard to predict the future, having a 30 year mortgage locking you down in one spot is not what
I want to do again
PeterL:
I dunno,
I think
I might buy. But
I will approach it a bit different now,
I will be more selective and aggressive instead of just taking the first offer the real estate agent suggests.
PeterL: The bank didn't lose any of that 75k, they had insurance (which was tacked onto my bill every month) to cover such a loss. Insurance didn't help me any, even though
I was the one paying for it.
PeterL: liquidassets:
I owed about 110k on the mortgage, house sold for about 35k. So
I guess it was more like 75k "income" that was "forgiven" by USG for taxes.
☟︎ liquidassets: PeterL how long was the short sale?
I got in when short sales were the thing to be in, thankfully only ever was involved with one.
assbot: Logged on 19-12-2015 12:30:38; mircea_popescu: liquidassets>
I want to play.. << so wgat;s keepin you ?
liquidassets: Fiesty blogger
I think we should bring her here
pete_dushenski:
i've had the icespheres in old fashioneds at local restaurants. tis a classy touch
PeterL:
I think the second should be the title of the post?
pete_dushenski: "The government in the Netherlands has clarified that it is legal for driving instructors to offer lessons in return for sex, as long as the students are over the age of 18. However, it is illegal to offer sex in return for lessons." << hahaha so man may proposition fillie but not vice versa eh. man
i like those dutch.
☟︎ PeterL:
I don't understand how the plastic is hygroscopic?
assbot: Logged on 19-12-2015 04:32:25; mircea_popescu: so
i ended up the happy owner of the best ice tray
i have ever seen in my life. it's exceptionally well made plastic. for one thing, it's properly flexible. for the other, it's actually hygroscopic. for yet another, the separators are actually TALL enough you get proper cubes made. it is a wonder of perfection which literally fills my life with joy.
PeterL: most just go straight to the tv, "
I'll think about burning stuff after
I watch my shows and surf facebook for a while"
PeterL:
i'm confused by your analogy, how does watery people relate to the current topic?
PeterL: ^
I short-sold a house a few years ago, was lucky enough to fall in the time frame USgov was doing a special "excluding mortgage losses from taxes" stint
assbot: Logged on 19-12-2015 04:32:25; mircea_popescu: so
i ended up the happy owner of the best ice tray
i have ever seen in my life. it's exceptionally well made plastic. for one thing, it's properly flexible. for the other, it's actually hygroscopic. for yet another, the separators are actually TALL enough you get proper cubes made. it is a wonder of perfection which literally fills my life with joy.
mircea_popescu: punkman>
I quite like not being in debt << as usual, retail is for suckers. consumer debt's just about the dumbest proposition
i ever heard. nevertheless, nrl isn't that bad.
punkman: wywialm:
I looked at it recently, the code is not horrible, but
I've yet to fully grasp the overall design of the thing
liquidassets: In other news,,
I haven't jerked off for 3 days, MP you got anything for me?
liquidassets: not one decent lawyer
I can rightfully put in my wot
liquidassets: but seriously don't give me money,
I"m not even close lawyer wise yet
liquidassets: And anyway, it could be for other people. Give me a few million to work with and
I'm going to put that shit to work
liquidassets:
I'm in real estate, so it's a little more liquid for me ;)
liquidassets:
I'm not sure
I made a point out of all of this
liquidassets: It's like 20s 20s 20s 20s everywhere a 20. Ok Maybe a 50....Oh well hold on,
I can't really break 100
liquidassets:
I mean, it would seem that 'they' got really really good and keeping inflation down, or hiding it in other ways
liquidassets: most people, and mexicans
I work with, will buy a house with the little money they have, stack 9-12 members of extended families, and work their asses off to pay off a 30 year mortgage in less than 5
☟︎ punkman:
I quite like not being in debt
liquidassets:
I'm calling smart money has a significant % in cash
assbot: Logged on 18-12-2015 16:53:58; Birdman: These are interesting times to be alive, that is for sure. And
i have a bezzle bag so if
i do somehow keep my imediate freedoms through the crash of fiat and rise of sound money my mouth will be fed.
mircea_popescu: so
i ended up the happy owner of the best ice tray
i have ever seen in my life. it's exceptionally well made plastic. for one thing, it's properly flexible. for the other, it's actually hygroscopic. for yet another, the separators are actually TALL enough you get proper cubes made. it is a wonder of perfection which literally fills my life with joy.
☟︎☟︎ trinque: fuck this "oh the server is down" therefore
I cannot access this information that was previously published by someone in my WoT
mircea_popescu: <asciilifeform> because unless std::string does something clever with refcounts, as far as
i can see: they do not. << they do not.
kakobrekla:
i think ;;8ball might be more accurate than ;;isup
mircea_popescu: anyway,
i think ima bring up a nigger.trilema.net or somesuch. be a few.
assbot: You rated user Naphex on 18-Dec-2015, with a rating of 10, and supplied these additional notes: most badass coder
i ever worked with. his moral character & integrity are rock solid..
adlai: BingoBoingo:
i'll be rooting for it... but
i can't load qntra now, DNS is up to its usual reliability standards
CoraCrisT: !rate Naphex 10 most badass coder
i ever worked with. his moral character & integrity are rock solid.
Naphex: alright,
i'm off too bed. gn
CoraCrisT: also need to prepare the next statement.. while
i get used to it
CoraCrisT:
i just need to study it a bit. won't take long tho
CoraCrisT: also talked to Naphex about it.
i stil need to see the actual contract
CoraCrisT:
i lurk around here for quite some time
BingoBoingo: Win >> "Guys,
I think the Gopher people were right."
assbot: Logged on 18-12-2015 02:16:10; mircea_popescu: (this was counterintuitive to the grunts doing money changing in the street, we had a good laugh over steaks about it, when discussing venezuela's plans to the same thing. after it played out they decided
i was a god. because hey, why admit you were wrong when you could think the guy who's right is simply supernatural)
pete_dushenski:
i thought ben_vulpes was all 'auto-auto-mobiles are the footoor because bayes'
☟︎ Birdman:
I discussed with danielpbarron about how bitbet could be used to casually place hits on people
ascii_field:
i'd have to get it out of the vacuum cleaner
ascii_field:
i often find it interesting to think about fields where this did NOT happen.
ascii_field: incidentally,
i never understood why a spectrum analyzer could not be a purely analogue affair
mircea_popescu: dude
i want a payment machanism that works on par with fucking hosting.
ascii_field:
i think he even did volkov's mega-upgrade of 'wizard of oz' even
mircea_popescu:
i had never met someone up to that point who didn't longhand.
assbot: Logged on 18-12-2015 17:07:00; mircea_popescu: the 18 so it's 180 now, comes to 520.
i point this out. she proceeds to add them again correctly this time, and comes to 488.
i refuse this alt-arithmetic too. she does it once more, hands me 82 pesos in change for my 400.
i refuse this once again, hand 40 pesos back to her and leave.
ascii_field: funkenstein_:
i haven't started yet, only signed