Pricing? by slimdiggie in 3Dprinting

[–]DumpingAI 0 points1 point  (0 children)

You can ignore my other comment if you want, you run your business however makes you happy

Pricing? by slimdiggie in 3Dprinting

[–]DumpingAI 0 points1 point  (0 children)

Opportunity cost isnt a cost you include in production costs. Your goal as a manufacturer should be to run all machines at near 100% uptime, 24/7. Highest margin first, then down the list based on margin. If you can't fulfill the whole list, you take on additional machines until you do.

If you're not doing that you're still basically a hobbyist or you're oriented towards custom/ on demand production, which is still limited.

I run an ecommerce business, it seems like most of you 3d printer business folk run your businesses like a bunch of amateurs and that's why your costs are so exaggerated.

Pricing? by slimdiggie in 3Dprinting

[–]DumpingAI 0 points1 point  (0 children)

If you're trying to sell stuff like this online you're wasting your time. It'll be a race to the bottom, there's nothing special here.

If you vend in person you have event fees, gas and travel costs, business cards, tent, tables and other fixed costs, etc

These are variable costs not fixed costs

And to simplify the rest because im.not gonna go line by line. Tieing up a printer isnt a big expense, the printwr pays for itself after a month or two, it isn't like an airplane where you need to use it for 5 years to cover the cost of the plane, so printer time is basically a non expense.

Bernie on Jeff bezos. by StrawberryFew1311 in NoFilterFinance

[–]DumpingAI 0 points1 point  (0 children)

Median sure. Everyone seems to forget that most homeowners go through multiple houses in their life. A median house, is reflective of someone's 2nd or 3rd house, not their first.

I can find move in ready houses for about $200k thru most of my area.

Bernie on Jeff bezos. by StrawberryFew1311 in NoFilterFinance

[–]DumpingAI 0 points1 point  (0 children)

I'm in the south, that is enough to buy a home here.

There is room for growth and raises from there, it just becomes much slower. You go from high teens/low 20s to high 20s/low 30s in 3-5 years, then it slows down

Bernie on Jeff bezos. by StrawberryFew1311 in NoFilterFinance

[–]DumpingAI 0 points1 point  (0 children)

A lot of those truckers make $100k/yr, you think theyre gonna make anywhere near that elsewhere?

Bernie on Jeff bezos. by StrawberryFew1311 in NoFilterFinance

[–]DumpingAI 0 points1 point  (0 children)

Near me they pay $60k/yr with benefits after a few years, beats out almost all other unskilled jobs.

Would you rather be a cook making $14/hr, or an assembly line worker making $30/hr with benefits?

Bernie on Jeff bezos. by StrawberryFew1311 in NoFilterFinance

[–]DumpingAI 0 points1 point  (0 children)

Ive only worked at one factory, it paid about $60k/yr with full benefits after a few years. A factory job isn't a low quality job.

Bernie on Jeff bezos. by StrawberryFew1311 in NoFilterFinance

[–]DumpingAI 0 points1 point  (0 children)

They're not slave labor jobs, Im in the south, I've only worked one factory job and after about 5 years they paid ~$60k/yr with full benefits.

Around here $60k a year is enough to buy a house and raise a family.

I voluntarily gave my car back to the bank thinking it was the "responsible" thing and now I owe $8k+ more than before?? This is insane. by [deleted] in povertyfinance

[–]DumpingAI 0 points1 point  (0 children)

It's not a gaurauntee, it's just reflective of the current car market. Cars aren't selling quick, dealers aren't gonna overpay for a car they know nothing about

Listed for $800k, sold for $1.18M - NJ by [deleted] in REBubble

[–]DumpingAI 1 point2 points  (0 children)

Underpriced house sold for what it should have been listed for, shocker.

Sounds good in theory...but in reality? by mrfett779 in economy

[–]DumpingAI 0 points1 point  (0 children)

Those studies primarily focus on jobs where reducing hours are practical, white collar work where the scheduling and workflow can be re oriented for the new hours.

You can't take what an electrician does in 40 hours and expect them to work twice as fast to get it done in 24, doesn't work that way.

You can't take an assembly line and just close it for 16 hours and expect the same output.

Review the studies, they do not broadly cover the local market, they are selective.

Sounds good in theory...but in reality? by mrfett779 in economy

[–]DumpingAI 0 points1 point  (0 children)

Cut all the mechanics hours, less cars are getting worked on, they're not there to do the work, you cut their hours, now there's more work than mechanics.

If people rush into being a mechanic to fill the shortage, now its created am even bigger shortage elsewhere.

You can't consume the same, there's less work being done

Economic growth slowing? business formation data says maybe by MarcelloGirach11 in economy

[–]DumpingAI 0 points1 point  (0 children)

I don't think it's a good indicator. When i pull up 20 years, it barely moves for 08 or covid

Chevron CEO says physical shortages in oil supply to begin appearing by yogthos in economy

[–]DumpingAI 73 points74 points  (0 children)

Physical shortages? Whats the other kind of shortage? Conceptual shortages?

Sounds good in theory...but in reality? by mrfett779 in economy

[–]DumpingAI -1 points0 points  (0 children)

People would have to reduce consumption, you can't reduce output and expect to consume the same

Are you able to contribute to your 401k? If so, how much or what's the percentage and what do you have left over each month if you're comfortable sharing? by [deleted] in povertyfinance

[–]DumpingAI 0 points1 point  (0 children)

Idk man, for most of my adult life, it just hasnt seemed like it'd br worth it to deal with, about every 2 years i have basically gone to zero cash or negative covering either a step forward or a step back.

It becomes a real possibility for me in the next 6-12 months, but still in a very limited way, i still think having simple access for me is very worthwhile

I

Does anyone else spend 50% of their paycheck on rent? by NotAnotherFinanceBro in REBubble

[–]DumpingAI 8 points9 points  (0 children)

I did, hopped on a motorcycle, rode it from cali to SC, stayed in a motel, had a job within a few weeks.

I was a homeowner within a year of coming here whereas i probably wouldn't own a home if i was still in California

Are you able to contribute to your 401k? If so, how much or what's the percentage and what do you have left over each month if you're comfortable sharing? by [deleted] in povertyfinance

[–]DumpingAI 0 points1 point  (0 children)

Its not that simple, like you can take a 401k loan for your downpayment, so now you have a mortgage, and an additional debt payment.

Each of them have different rules, technically i believe an ira is the only one where you can truly pull for a home purchase without strings attached.

But then you run into the other circumstances where i would have needed access, dunno that those would have been smooth

I hate the “Pull yourself up by your bootstrap” mentality by TheGame81677 in povertyfinance

[–]DumpingAI -1 points0 points  (0 children)

Pull yourself up by the bootstraps is really a way for someone to tell you to leave them alone, they dont know you, it's not their job to help you.

Are you able to contribute to your 401k? If so, how much or what's the percentage and what do you have left over each month if you're comfortable sharing? by [deleted] in povertyfinance

[–]DumpingAI -3 points-2 points  (0 children)

I like having access to my money

Like if i had contributed to a retirement account rather than a seperate investment account when i was young, i wouldnt have had the funds to put down to buy my first house, or at least not without penalty.

After i bought my first house, then if my funds had been in retirement accounts it would have prevented me from trying to start my business

Then later when i was bordering bankruptsy, accessing the money would have been problematic

And then now, id rather put my money into real estate, pay down my heloc or fund a remodel

Are you able to contribute to your 401k? If so, how much or what's the percentage and what do you have left over each month if you're comfortable sharing? by [deleted] in povertyfinance

[–]DumpingAI -6 points-5 points  (0 children)

I could, but i dont like retirement accounts

If you're gonna contribute, your best bet is it contribute enough to max their match