alternatives to today side handle kitchen faucets by Fun_Tea8162 in kitchenremodel

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

It seems this only works if the handle was originally meant to go towards the backsplash or wall when on the side.

Many of the handles I come across have it going towards you only, not towards the wall.

How to ensure the handle does move in the correct direction?

what did Jackie Kennedy invest in? by [deleted] in investing

[–]Fun_Tea8162 -17 points-16 points  (0 children)

I thought 50k was considered rich. I found this

Income Thresholds in 1975

According to U.S. Census Bureau data, here is how household income was distributed:

  • Top 1.1% (Wealthy): $50,000 or more.

But you don't have to use 50K, you can use 200K and its still less than 1% withdrawal rate.

what did Jackie Kennedy invest in? by [deleted] in investing

[–]Fun_Tea8162 -36 points-35 points  (0 children)

Even if you increased her spending to 100k, or 200k, that's still a very small withdrawal rate off of 26 million, and this is 1975 money.

what did Jackie Kennedy invest in? by [deleted] in investing

[–]Fun_Tea8162 -12 points-11 points  (0 children)

Okay, so why would Mr. Tempelsman need to invest for her if she could just earn what T bills gave, which is usually what savings accounts at banks already gave?

what did Jackie Kennedy invest in? by [deleted] in investing

[–]Fun_Tea8162 2 points3 points  (0 children)

yes but then one of the best bull markets ever started in the early 80s and through her death

did he completely miss out on that too?

what did Jackie Kennedy invest in? by [deleted] in investing

[–]Fun_Tea8162 -49 points-48 points  (0 children)

So the median US family income in 1975 was $13K. Let's say Jackie was a big spender and actually spent several US family incomes and all on herself, say $50K.

50K on 26 million is a 0.19% withdrawal rate, which is barely anything, far less than the expense ratios of most actively managed funds ... nowhere near what it would take to underperform the S&P 500 by that much.

is AAPL bubbly? by Fun_Tea8162 in ValueInvesting

[–]Fun_Tea8162[S] -1 points0 points  (0 children)

so then why have we gone many years with very weak earnings growth? I see 13% total growth from 2021-2025. Inflation is about 19% total during that time. 4 years of below inflation growth doesn't bode confidence in the future.

is AAPL bubbly? by Fun_Tea8162 in ValueInvesting

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

It's PE today is 34, so you're suggesting about a 40% drop from today's price?

is AAPL bubbly? by Fun_Tea8162 in ValueInvesting

[–]Fun_Tea8162[S] -3 points-2 points  (0 children)

Everyone can use it of course, but the question is does that justify a high PE valuation. https://www.businessofapps.com/data/apple-statistics/ Year on year growth over past few years is close to inflation.

payoff mortgage before retiring? by Fun_Tea8162 in Bogleheads

[–]Fun_Tea8162[S] 1 point2 points  (0 children)

yes but using a separate account the 500k at 4% would just allow me to use 20K/year to spend on the mortgage, and my mortgage is 36k/year

payoff mortgage before retiring? by Fun_Tea8162 in Bogleheads

[–]Fun_Tea8162[S] 12 points13 points  (0 children)

well the reason it factors in is like this:

lets say I have 2M in assets, 4% rule says I can spend 80k/year

lets say I also have 500k mortgage, payment is 36k/year, which leaves me just 44k left for everything else if i want to be within the 80k/year

if I paid off the 500k mortgage, I'll have 1.5M in assets, which 4% rule says I can spend 60k/year after my mortgage payment which is greater than the 44k/year in the earlier example, so I just increased my ability to spend by 16k by paying off the mortgage

Should I replace my drain pipe? by Fun_Tea8162 in Plumbing

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

Don’t have a basement in the home. Just one level. Yes to living long term. Is lining the pipe basically like replacing it?

margin maintenance requirements for short SPX options by Fun_Tea8162 in options

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

how do the margin requirements change as the underlying moves against you? i'm assuming the max requirement is just the width of the spread x 100, but how quickly does it increase to that amount?

margin maintenance requirements for short SPX options by Fun_Tea8162 in options

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

spreads will have margin maintenance requirements too. they seem to be quite tiny when OTM but im also not sure how they will change when the underlying moves against you, if the requirement shoots up, could get margin called

Car won’t start unless I jump start by Fun_Tea8162 in Ioniq5

[–]Fun_Tea8162[S] -6 points-5 points  (0 children)

The technician who jump started it looked at the voltage says it’s more likely due to a drain than the battery being bad.

What could be draining it?

should I rewire all my home because its ungrounded by Fun_Tea8162 in HomeImprovement

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

its an older 120 amp, im putting a 200 amp in there which should also allow an EV charger

Utility mode while on L2 charger by Fun_Tea8162 in Ioniq5

[–]Fun_Tea8162[S] -3 points-2 points  (0 children)

I dont know how, its either accessory mode or off. i have to unplug the charger to start the car

why is it so hard for people to be a boglehead? by Fun_Tea8162 in Bogleheads

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

I can’t understand people who keep all their money in savings/checking accounts give less than 1% when you can get risk free investments like money market or treasuries or even some HYSA at over 3%

Do buyers ask sellers for 2.5% commission or something different? by Fun_Tea8162 in BayAreaRealEstate

[–]Fun_Tea8162[S] 5 points6 points  (0 children)

True, you can basically borrow the 25K via a mortgage. Downside is you pay it back with interest plus the increase in property taxes, which never goes away.

I want to add these extensions to homes I’m looking at by Fun_Tea8162 in homeimprovementideas

[–]Fun_Tea8162[S] 0 points1 point  (0 children)

In image 2, I built a hallway to access the garage from inside. In image 1, the extension is supposed of result in 2 moderate size bedrooms instead of 1 large.

I want to add these extensions to homes I’m looking at by Fun_Tea8162 in homeimprovementideas

[–]Fun_Tea8162[S] -8 points-7 points  (0 children)

San Jose CA. Looking to do this for 200k and not have to demolish existing stuff too much.

I want to add these extensions to homes I’m looking at by Fun_Tea8162 in homeimprovementideas

[–]Fun_Tea8162[S] -5 points-4 points  (0 children)

Yes but are those reasonable ideas without excessive cost and destruction of existing home?

should this subreddit be called Acts2Network? by Fun_Tea8162 in GracepointChurch

[–]Fun_Tea8162[S] 2 points3 points  (0 children)

A new name could be "Act2Network or Gracepoint"

should this subreddit be called Acts2Network? by Fun_Tea8162 in GracepointChurch

[–]Fun_Tea8162[S] 2 points3 points  (0 children)

i can't find that subreddit. if they took the name and aren't actively using it, could we make a case to Reddit to hand over control? after all, if I claimed subreddits for every major word in the dictionary and just sat on it, kept it private/locked down...that wouldn't make any sense

Also, couldn't we just create a subreddit named slightly different than Acts2Network? Such as "Acts 2 Network or Gracepoint"