It sounds more like you bought more home than you could afford.
I live way below my means. By standard metrics I would qualify for one to two million mortgage. I choose to live in a half a mill. I come from very poor background. This already feels like the palace of the Maharajah of Mysore to me.
Share price is manipulatable. Don't trust it. The executive stock options and incentive triggers are based usually on stock price. They manipulate it. Stock buy back etc are gimmicks to prop up the stock price to hit the trigger points for executive pay.
Dividend is money going out of the company. They dont do it willingly and you need to pry it from them. For large cap companies, dividend is a very good indicator of the company's health.
Over 5 million existing homes were sold in the US this year.
Think about it. 25000 homes every working day (200 / 365). Billion shares trade every day. Which is more liquid? Think scientifically. Do not be swayed by emotions and anecdotal evidence. You need a place to live. You need to pay for it. Do not mix it with investment. For a 20 year stretch of time in your life, it would make sense to live in a four bedroom, three car garage, half acre suburban home. If the timing works out, it might even make sense to own it. But, do not call it an investment.
Home is where you live. Investment is where you money lives.
Yes, I would consider renting it, but I am not that good with home repairs and handyman work. So after counting labor the return is too poor. I will cut the price and sell it and invest it better. But anyway it is a very small portion of my portfolio. Not worth the trouble.
Really? End of the year, I rebalanced my portfolio. In my 401K account I sold a quarter mill and bought quarter mill. Total trading cost, in nine securities, was less than 100$. Took me all of half a day to decide what to sell and what to buy.
As I said in the first posting, we spent 18 months to find a half mill home, 9K in stamp duty, title insurance and buyer agent commission. The old home is sitting on the market for 80 days now.
If you buy a home, you are stuck with it. If switch jobs to the other side of the town, you spend 10 hours more on commute, gas, car maintenance. You can't even think of taking a better paying job in another town. You are not taking into account the opportunity costs. If your town goes down, find a booming town and move. Let the landlord worry about the vacant property.
You need a larger four bedroom three car garage half acre lot for just 20 years when the children are in school. Once they go to college you are better off in a condo. Before kids you are better off in an apartment. For that 20 years, if your job is stable and you are comfortable, by all means buy a home. But do not make home ownership with investment. These two are different.
Security and Convenience are diametrically opposite.
If you leave your home unlocked and ask the cable guy to just go in and "fix" it, you don't have to wait at home between 8 AM and 4PM. So would you?
Everytime my banker calls me on phone to check a 10K wire transfer, I specifically thank him for security.
When I filed my change of address, Vanguard locked my account withdrawals for seven days. I sent a mail thanking them.
If there is someone to blame, blame Microsoft was making convenience more important than security, and for fostering a climate where that decision was considered better.
Put 33% in SDY, VNQ or such high dividend yield large cap. 33% in MidCap, 33% in SmallCap.
Do not put money in SP500 it is market cap weighted, and all the bubble companies producing no real income dominate that index. Large Cap Value, dividend index funds are better choices. Stay away from DOW. It is stupidly price weighted dumb thing. 100 years ago thats the best you could do. Not now.
If you can invest in only one fund, do it in SP400 midcap. No small company riff-raf. Growing companies enter, grow big, graduate to SP500. You will catch companies on the rise, and cash out regularly when they get into SP500. One mistake people do is to hold on to "successful" investment for too long, they feel emotionally attached to a good buy. SP400 will regularly sell winners and lock in the profits. It will also catch companies falling out of SP500, beaten down stocks, that often rebound, again regular profit making. Not without risk, companies fall out of SP500, into 400, and then fall so low, it goes private or gets bought up. Some loss there. But unemotional detached periodic profit taking is the hallmark of SP400. It will triggers taxable distributions. If you are concerned about that go for Vanguard midcap index.
SmallCap is also good, it routinely produces a bumper crop of growing companies that get in and get taken over at a hefty premium.
Stay away from owning homes. But do buy VNQ real estate will produce nice inflation adjusted returns. Become a landlord through VNQ, not a homeowner anxiously sitting over a plywood and Tyvek wrapped wooden frame plagued with creaky floor boards and leaky toilets. Rent, call the landlord to come and fix it.
It is incredible for 60% of the Americans, the home they live forms more than 50% of their networth!. Homes are very very illiquid. It ties you down. You are not able to follow the economic trends and go where the jobs are. Makes you do stupid things to "protect the value of home". They are expensive to maintain. It is really a dumb way to save money. Renting is a far better solution for most Americans.
This especially true now. The babyboom peaked in 1952, and their retirement is peaking in 2017. The market is awash with four bedroom, three car garage, quarter-to-half acre lots. The demand will fall, not rise for these properties. Younger generation is not as car obsessed as the previous generations. They do not see the point in maintaining lawns or raking leaves. Any fool buying a half a million four bedroom 0.5 acre lot home in the suburb today would be lucky to sell it at cost 20 years from now.
You can add me to that list of fools. I could not convince my own wife about this. "Millions of people can't be fools. We do what they (meaning richer White people) do". Lucky for me, I can secure my retirement even if lock away half a mill in such a non performing asset. So I agreed to be smack dab right in the middle of affluent white neighborhood. Government always takes care of them, so I would not lose much.
But for younger generation starting out, "stay away from owning homes. Wait for a down turn, buy only if the mortgage is less than rent, and you are assured of job safety for 20 years, and you are planning to stay in that neighborhood for 20 years. Always watch the affluent white class is doing and do that". Invest in index funds. Put 33% in SDY, VNQ or such high dividend yield large cap. 33% in MidCap, 33% in SmallCap. Treat your credit card limit as the emergency funds. You have six month lead time to cash in some securities. Don't fall in love with cars. Start with civic, corolla level, and upgrade to pilot, crv, rav4 level. Don't pay for luxury car brands. Enjoy life.
A Lyft drive's car broken down. Despo guy stole a car, ran it for 11,000 miles and made enough money to repair his car and then abandoned it after making enough to repair his regular car.
Under these circumstances, would the guy have to steal the same model, make and color? Then we can narrow down the suspects list.
"I've heard of Keeper, I remember filing a bug a while ago about how they were injecting privileged UI into pages," said Tavis Ormandy, the Google security researcher who discovered the recent vulnerability.
Looks like, keeper is installed, but the user needs to somehow "login" to keeper for this flaw to trigger. Then it injects some privileged UI into pages, it says. A malicious site can use click jack to steam password.
Looks like, the victim should login to keeper, and then visit a malicious website. Not clear whether it is adding this privileged UI only into Edge/Internet Explorer or if it is injecting it into Chrome and Firefox as well.
If Chrome/Firefox users are not affected, this gives one more reason to stay away from
IE/Edge.
Got a Win10 recently. The homepage that came preloaded out of the box in Edge was some serious comparison stats with chrome. In default apps settings switching out of edge begs "please give edge a chance" or something like that. Looks like the only use for edge is to download chrome or firefox.
There is a God. There is karma. All they did to Netscape! It is justice delayed, no doubt, and all the jerks who did that have cashed out and gone. But I do feel some schadenfreude looking at its problems.
Rogers Wireless will slam charges in my T-Mobile phone. Had to call T-Mobile to have the charges reversed. Every. single. time. Very very abusive practice.
If you transfer a million bucks, they will call to make sure, right? Why this accountant did not do that? It is the dog that did not bark, that is significant.
Yes, and vast majority of the public sat through irritating used commercials rather than mess with VCRs.
99% of the VCRs never even got their clocks set. Blinking 12:00 has been the stock joke for decades.
Comic: "...That blinking 12:00, you know what it tells you, you-are-dumb you-are-dumb... that is what the blinking clock says. But... I don't mind. It is ok. It is true. I can't set the clock. But... you know what gets me? It starts blinking 01:00 during daylight savings time. Come on... "
Slashdot Mirror
I always buy in Alibaba, some Russian named seller in a Bulgarian store fulfills my Alibaba order that gets shipped straight from China.
Don't like it? Show up to vote. Democrats stayed at home they don't get to complain. Republicans voted for Trump, they don't get to complain.
The research was done by older researchers, so the question is, did they remember to follow the protocols...
Not getting up in the middle of the night and peeing in the diaper is worse.
It sounds more like you bought more home than you could afford.
I live way below my means. By standard metrics I would qualify for one to two million mortgage. I choose to live in a half a mill. I come from very poor background. This already feels like the palace of the Maharajah of Mysore to me.
What makes you think I am not a landlord?
Dividend is money going out of the company. They dont do it willingly and you need to pry it from them. For large cap companies, dividend is a very good indicator of the company's health.
I thought America is where this would happen first.
Over 5 million existing homes were sold in the US this year.
Think about it. 25000 homes every working day (200 / 365). Billion shares trade every day. Which is more liquid? Think scientifically. Do not be swayed by emotions and anecdotal evidence. You need a place to live. You need to pay for it. Do not mix it with investment. For a 20 year stretch of time in your life, it would make sense to live in a four bedroom, three car garage, half acre suburban home. If the timing works out, it might even make sense to own it. But, do not call it an investment.
Home is where you live. Investment is where you money lives.
Yes, I would consider renting it, but I am not that good with home repairs and handyman work. So after counting labor the return is too poor. I will cut the price and sell it and invest it better. But anyway it is a very small portion of my portfolio. Not worth the trouble.
True, if you are handy with small jobs and maintenance work, it would make sense to own homes and rent.
As I said in the first posting, we spent 18 months to find a half mill home, 9K in stamp duty, title insurance and buyer agent commission. The old home is sitting on the market for 80 days now.
You are stuck with a home. No doubt about it.
You need a larger four bedroom three car garage half acre lot for just 20 years when the children are in school. Once they go to college you are better off in a condo. Before kids you are better off in an apartment. For that 20 years, if your job is stable and you are comfortable, by all means buy a home. But do not make home ownership with investment. These two are different.
I would pay the Wallstreet dogs a share of the rent for them to fetch me a good return.
If you leave your home unlocked and ask the cable guy to just go in and "fix" it, you don't have to wait at home between 8 AM and 4PM. So would you?
Everytime my banker calls me on phone to check a 10K wire transfer, I specifically thank him for security.
When I filed my change of address, Vanguard locked my account withdrawals for seven days. I sent a mail thanking them.
If there is someone to blame, blame Microsoft was making convenience more important than security, and for fostering a climate where that decision was considered better.
Put 33% in SDY, VNQ or such high dividend yield large cap. 33% in MidCap, 33% in SmallCap.
Do not put money in SP500 it is market cap weighted, and all the bubble companies producing no real income dominate that index. Large Cap Value, dividend index funds are better choices. Stay away from DOW. It is stupidly price weighted dumb thing. 100 years ago thats the best you could do. Not now.
If you can invest in only one fund, do it in SP400 midcap. No small company riff-raf. Growing companies enter, grow big, graduate to SP500. You will catch companies on the rise, and cash out regularly when they get into SP500. One mistake people do is to hold on to "successful" investment for too long, they feel emotionally attached to a good buy. SP400 will regularly sell winners and lock in the profits. It will also catch companies falling out of SP500, beaten down stocks, that often rebound, again regular profit making. Not without risk, companies fall out of SP500, into 400, and then fall so low, it goes private or gets bought up. Some loss there. But unemotional detached periodic profit taking is the hallmark of SP400. It will triggers taxable distributions. If you are concerned about that go for Vanguard midcap index.
SmallCap is also good, it routinely produces a bumper crop of growing companies that get in and get taken over at a hefty premium.
Stay away from owning homes. But do buy VNQ real estate will produce nice inflation adjusted returns. Become a landlord through VNQ, not a homeowner anxiously sitting over a plywood and Tyvek wrapped wooden frame plagued with creaky floor boards and leaky toilets. Rent, call the landlord to come and fix it.
It is incredible for 60% of the Americans, the home they live forms more than 50% of their networth!. Homes are very very illiquid. It ties you down. You are not able to follow the economic trends and go where the jobs are. Makes you do stupid things to "protect the value of home". They are expensive to maintain. It is really a dumb way to save money. Renting is a far better solution for most Americans.
This especially true now. The babyboom peaked in 1952, and their retirement is peaking in 2017. The market is awash with four bedroom, three car garage, quarter-to-half acre lots. The demand will fall, not rise for these properties. Younger generation is not as car obsessed as the previous generations. They do not see the point in maintaining lawns or raking leaves. Any fool buying a half a million four bedroom 0.5 acre lot home in the suburb today would be lucky to sell it at cost 20 years from now.
You can add me to that list of fools. I could not convince my own wife about this. "Millions of people can't be fools. We do what they (meaning richer White people) do". Lucky for me, I can secure my retirement even if lock away half a mill in such a non performing asset. So I agreed to be smack dab right in the middle of affluent white neighborhood. Government always takes care of them, so I would not lose much.
But for younger generation starting out, "stay away from owning homes. Wait for a down turn, buy only if the mortgage is less than rent, and you are assured of job safety for 20 years, and you are planning to stay in that neighborhood for 20 years. Always watch the affluent white class is doing and do that". Invest in index funds. Put 33% in SDY, VNQ or such high dividend yield large cap. 33% in MidCap, 33% in SmallCap. Treat your credit card limit as the emergency funds. You have six month lead time to cash in some securities. Don't fall in love with cars. Start with civic, corolla level, and upgrade to pilot, crv, rav4 level. Don't pay for luxury car brands. Enjoy life.
Under these circumstances, would the guy have to steal the same model, make and color? Then we can narrow down the suspects list.
"I've heard of Keeper, I remember filing a bug a while ago about how they were injecting privileged UI into pages," said Tavis Ormandy, the Google security researcher who discovered the recent vulnerability.
Looks like, keeper is installed, but the user needs to somehow "login" to keeper for this flaw to trigger. Then it injects some privileged UI into pages, it says. A malicious site can use click jack to steam password.
Looks like, the victim should login to keeper, and then visit a malicious website. Not clear whether it is adding this privileged UI only into Edge/Internet Explorer or if it is injecting it into Chrome and Firefox as well.
If Chrome/Firefox users are not affected, this gives one more reason to stay away from IE/Edge.
Corporate IT. VPN support only for win10. what to do?
There is a God. There is karma. All they did to Netscape! It is justice delayed, no doubt, and all the jerks who did that have cashed out and gone. But I do feel some schadenfreude looking at its problems.
Hey! lookie here! champion of the downtrodden millionaires!!
Rogers Wireless will slam charges in my T-Mobile phone. Had to call T-Mobile to have the charges reversed. Every. single. time. Very very abusive practice.
If you transfer a million bucks, they will call to make sure, right? Why this accountant did not do that? It is the dog that did not bark, that is significant.
99% of the VCRs never even got their clocks set. Blinking 12:00 has been the stock joke for decades.
Comic: "...That blinking 12:00, you know what it tells you, you-are-dumb you-are-dumb ... that is what the blinking clock says. But... I don't mind. It is ok. It is true. I can't set the clock. But... you know what gets me? It starts blinking 01:00 during daylight savings time. Come on... "