The Economy (2020/21)
- Thread starter rideit
- Start date
I still have a year of car payments on the newer truck. Reason one, to get my credit over 820 or so, and two, my interest is .9%. ridiculous. But I hate, hate having any toy debt.
Do I submit my resume directly to Kidwoo, or does he have an HR department I should contact?
This is how debt should work. If you are paying interest for the time value of making an acquisition today, then the cost of that should be offset by an appreciating asset, not a depreciating one.
...or the debt should enable you to make a purchase and continue to utilize other assets in a way that offsets the interest cost.
Guessing that PMing him some nip picks should suffice.
I paid for most of the stinger up front, but still financed maybe 1/3rd...but got in on the early covid 0% offerings. 0% is like free money...well, not free, but I don't really care about how long it takes given that it's fixed at zero. I did have to nearly fist-fight at the dealership to get them to honor all the dealer incentives, but yay for the dealer model.
the pitch was slow...
I picked a good time for my 0% APR, 0 fee balance transfer shenanigans. Will buy in a bit more at market lows over the next few months in my taxable account, and in my tax-deferred accounts will continue to dollar cost average away.
This is a good thing for those of us who are
a) not renters
b) with fixed rate mortgages (or no mortgages like some of y'all)
c) 10+ years from retirement
d) not in a labile field likely to suffer layoffs (sorry, Coinbase peeps)
This is a good thing for those of us who are
a) not renters
b) with fixed rate mortgages (or no mortgages like some of y'all)
c) 10+ years from retirement
d) not in a labile field likely to suffer layoffs (sorry, Coinbase peeps)
I don’t like that it has to be bad for some to be good for others. Also shit is just a pain in the ass now. It’s no fun if ya have cash if there’s nothing to buy and a bunch of kidwoos wanna burn it anyways.
True. But as stoney notes, people close to retirement were just being idiots if they were still highly exposed to the market (or, god forbid, crypto) at this point in the game.
There exist many idiots.
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how dare you
your newsletter should be there tomorrow
Imma setup a mannequin on a dirtbike at a PCT trailhead with a stack of Sierra Club form letter complaints......but only one pen.
They'll have murdered each other over the one writing utensil in minutes.
there’s a portion of the pct I used to ride my bike on, it is some sweet single track. Leave a 1 inch dull pencil.
Nah let's save it
It's awesome
How private equity gobbled up the US economy—and ruined life for everyone else
Billionaires are looting the country, leaving everyday Americans to clean up the mess—and fight for the scraps.
www.motherjones.com
decent little series of reads if you follow the linkys in the box with the linkys
cop
a completely untouchable, unaccountable, ever growing parasitic field of work, even more so when fan catches poo
this is exactly how I want to spend my Saturday night. I’ve got some houdaille lever shocks around here someplace.Nah let's save it
It's awesome
How private equity gobbled up the US economy—and ruined life for everyone else
Billionaires are looting the country, leaving everyday Americans to clean up the mess—and fight for the scraps.
decent little series of reads if you follow the linkys in the box with the linkys
I know my ins. How to find the jugular so to speak.
Maybe not liable, but cheap big liquor producers always seem to profit.
Oh. I didn't realize I didn't put these in as normal vs. organic items. My bad.
theres a house up the hill that just came on the market for $725k. i was very wtf at that price for a house under 3ksqf and a stucco exterior until i saw the pool and outdoor area.
Dining with the poors.
www.cnn.com
Richer people are eating more at Applebee's and IHOP | CNN
Cash-strapped consumers are starting to trade down, swapping higher-priced goods for more affordable alternatives. That's good news for Applebee's and IHOP.
www.cnn.com
We eat at IHOP regularly. When it's just me and the girls, probably 2x/month. I can get a meal for $10, 1 kid eats free, Haley eats my pancakes and then gets a side of eggs and bacon for $5. If I have credits in the Pancake Points program, I might get out for $10.Dining with the poors.
Richer people are eating more at Applebee's and IHOP | CNN
Cash-strapped consumers are starting to trade down, swapping higher-priced goods for more affordable alternatives. That's good news for Applebee's and IHOP.
///Ihop
That made me lol.
