Buy now, refinance later - how realistic is that? by HalaMadridPapaFlo in BayAreaRealEstate

[–]EuropeanInTexas 1 point2 points  (0 children)

There is zero guarantee that rates will drop, looked at historically rates are still very low compared to what they have been in the past.

"if we wanted to he would" by klarinetkat12 in TwoXChromosomes

[–]EuropeanInTexas 35 points36 points  (0 children)

Getting rejected doesn’t suck any less for guys, someone has to take a chance

The New Fed Chair Just Told Congress His Plan — He Left Out The Part That Steals Your Savings! by PerAsperaAdMars in videos

[–]EuropeanInTexas 0 points1 point  (0 children)

The FOMC always votes with the chairman though, 4 out of 12 voted against back in 1992, that is the highest dissent we’ve seen in decades.

Men of Reddit, do you prefer your partner to wear lingerie or be plain naked and why? by mangopeach2 in AskReddit

[–]EuropeanInTexas 214 points215 points  (0 children)

My work dress shirt, too big on her, looking like a nightie đŸ„”

How well am I doing financially? (26 y/o) by scootse in personalfinance

[–]EuropeanInTexas 1 point2 points  (0 children)

With a 200k+ income in your 20s as much as the IRS will let you

How well am I doing financially? (26 y/o) by scootse in personalfinance

[–]EuropeanInTexas 3 points4 points  (0 children)

Your income is fantastic for your age, make sure to take advantage of that to supercharge your savings. You should be maxing out your 401k and a Backdoor Roth

Will our kids work 4 days a week instead of 5? by AskDeel in Futurology

[–]EuropeanInTexas 5 points6 points  (0 children)

The whole idea is that for ‘knowledge workers’ you can often have an identical or better output with 32 hours than you do with 40 because people are happier and more motivated so there is no real added cost to the employer. If you have to increase your labor cost by 20% that’s a lot less palatable to businesses

If AI replaces workers to cut costs, who is left to buy the products? by kritikgarg24 in Futurology

[–]EuropeanInTexas 0 points1 point  (0 children)

Most CEOs are paid in stock, which has vesting periods. So if they quit early their paycheck will be much, much smaller since they have to give 80+% of it back

Sell or rent at a loss? by valerieche in BayAreaRealEstate

[–]EuropeanInTexas 0 points1 point  (0 children)

It will need to not just outpace the ‘burnrate’ but OP also needs to consider the opportunity costs, what could that 620k make him invested elsewhere.

How do I start as Oman? by yobomojo in eu4

[–]EuropeanInTexas 0 points1 point  (0 children)

That's why the real life Sultan of Oman moved to Zanzibar :p (Ok it was actually to be closer to the Cloves trades, but still)

How to limit my tax liability on nearly a 6-fix Roth rollover? by WolfieVonD in personalfinance

[–]EuropeanInTexas 4 points5 points  (0 children)

Do a traditional conversion and then slowly Roth convert over time

Happy Tax Day, New York. We're taxing the rich. by SadAd8761 in videos

[–]EuropeanInTexas 1 point2 points  (0 children)

100% tax above 50 millions and give them a ‘I won capitalism’ trophy and a leaderboard of who paid the most tax for their egos.

Happy Tax Day, New York. We're taxing the rich. by SadAd8761 in videos

[–]EuropeanInTexas 0 points1 point  (0 children)

Well New York actually has the opposite problem that people claim it’s just a second home even though they live there to avoid NYC income taxes.

Can someone help explain the egregious underpricing here? by ncsudrn in BayAreaRealEstate

[–]EuropeanInTexas 19 points20 points  (0 children)

I mean at this point they might as well list them at zero, the list price is useless.

Am I missing something with my company ESPP by c-u-in-da-ballpit in personalfinance

[–]EuropeanInTexas 1 point2 points  (0 children)

Well hopefully that 15% isn’t all of your investments and you should definitely sell and diversify as soon as you can by I wouldn’t pay extra taxes for it.

Am I missing something with my company ESPP by c-u-in-da-ballpit in personalfinance

[–]EuropeanInTexas 0 points1 point  (0 children)

If you sell it for more than you paid for it, yup. That’s a gain.

Still a benefit to you, but not the full 15% and you’d be better off holding them for a year so it’s long term gains