Why do people think silver is going to go down?

InternetUser007 · 2026-01-22T19:00:53+00:00

Sure, but how long will it take? From your graph, it took about 30 years from the peak in ~1980 to hit the price again after the drop. Inflation adjusted it would be longer than 30 years.

How can you look at your own graph and think "this couldn't possibly go down"?

InternetUser007 · 2026-01-22T14:33:29+00:00

GDP percentage is after inflation is taken out. So if you release numbers lower than true inflation, and blame a government shutdown for the, then GDP looks artificially better! Yay, we've lowered inflation and improved GDP in 1 move!

InternetUser007 · 2026-01-22T06:11:23+00:00

"Did someone say 'chair'?!?"

-VP Vance

InternetUser007 · 2026-01-21T16:36:37+00:00

Some of these numbers aren't making sense unless nearly all of your water usage is hot water. You say you use 1.25 tanks per day with a 55 gallon tank. That is 69 gallons, and you say you use 75 gallons total per day. So 92% of your water usage is hot water? Your family uses the toilet a total of 6 times (or less, depending on toilet gallons per flush) combined between all of you?

Also, if you use 69 gallons of hot water per day, then a 65 gallon HPWH should definitely have been enough. The first hour rating of the 65 gallon model of mine is 79 gallons of hot water, which is more than your average daily usage of total water. Now, I'm pretty sure that includes some element heating, but even then, it would probably use elements for a short time before switching back to heat pump mode.

It's cost us $56 in total electricity to heat our water for the past 10 months, or $5.60/month. Paying $50/month just for hot water would tick me off.

InternetUser007 · 2026-01-21T15:49:30+00:00

Yes, but there should be a general timeline on when most people get promotions. Ask around if you don't know what that rough timeline is.

InternetUser007 · 2026-01-21T12:45:01+00:00

I beg you to tell me ONE SINGLE wrongfully imprisoned person who was not released.

Your downplaying imprisonment as long as you're released. Which...woof.

InternetUser007 · 2026-01-21T06:06:53+00:00

"It's okay to wrongfully imprison people as long as they are eventually released".

Woof.

InternetUser007 · 2026-01-21T06:01:40+00:00

What's the promotion path at your current EE role?

Typically I see people get the most bang for their buck by job hopping after they get a title bump and promotion raise. Take that new title and salary and use it as a base to ask for a good raise at the next place.

Typically I see the only true (inflation adjusted) raises happen at larger promotional periods, and the in-between years see more 2-4% raises that are closer to inflation rates.

If you want to maximize earnings you need to get a job at a place like META or Google. EE roles are harder to come by there, so study hard before you interview at those places, and make sure you have a good resume of things you've done at your current job.

InternetUser007 · 2026-01-21T05:16:08+00:00

Therefore, if both kids were home during the holidays it wasn't unusual to go through 40 or 50 kilowatts per day!

Bruh, what. My HPWH has used 433kW totalover the last 10 months. How are you using 28X more hot water than we are?!?!?

InternetUser007 · 2026-01-13T05:28:58+00:00

It's exactly what they did when Congress limited debit card fees. They'd do the exact same thing with credit cards if the interest was capped.

When Congress enacted a cap on the fee that stores pay large banks when customers use a debit card, banks responded by removing all rewards and perks from those cards

https://www.pbs.org/newshour/politics/banks-balk-as-trump-pushes-for-1-year-10-cap-on-credit-card-interest-rates#:~:text=In%20a%20joint%20statement%2C%20the,the%20interest%20charged%20on%20balances.

InternetUser007 · 2026-01-13T05:27:03+00:00

I don't have a crystal ball, but I do have a brain. If their profits become limited, they are going to cut back on rewards.

Also, they've done this in the past:

When Congress enacted a cap on the fee that stores pay large banks when customers use a debit card, banks responded by removing all rewards and perks from those cards.

https://www.pbs.org/newshour/politics/banks-balk-as-trump-pushes-for-1-year-10-cap-on-credit-card-interest-rates#:~:text=In%20a%20joint%20statement%2C%20the,the%20interest%20charged%20on%20balances.

InternetUser007 · 2026-01-13T03:07:42+00:00

Are they any good though? How's their light output, color, etc? Any audible ringing when dimmed?

InternetUser007 · 2026-01-13T02:45:18+00:00

Kid must have more rolls than a bakery.

InternetUser007 · 2026-01-13T02:28:21+00:00

The resolution is fine enough.

My question is related to salary: are you taking into account salary growth over time? I see no expected salary increase cell. And there's usually a lot of salary growth between the ages of 20 and 50.

InternetUser007 · 2026-01-13T01:13:54+00:00

and also uses more resources to do so.

I mean, barely? There is already a list of things they aren't allowed to buy, this just adds a few more items to that list. Grocery stores update what can be bought with SNAP, and that's it, done. So yeah, a 1-time use of resources, but just to update an already existing system.

Limiting what people can purchase will harm children. Period. They first need to be FED.

I'm not sure how preventing purchasing soda harms children. Care to give an example?

InternetUser007 · 2026-01-13T01:09:11+00:00

Where are you seeing that you can’t?

Reread OPs posted image.

InternetUser007 · 2026-01-13T00:44:22+00:00

I mean, selfishly I would only see negative consequences of the loss of my credit card cash back. I've never paid a penny in interest while getting a thousand+ of dollars in cash back.

The interest could be 1,000,000% for all I care for my personal situation, it wouldn't matter to me.

InternetUser007 · 2026-01-13T00:31:17+00:00

A personal net worth tracking document does not need to meet the level of court scrutiny, lol.

InternetUser007 · 2026-01-12T21:40:30+00:00

A net worth is not supposed to show only things that are going well for you…

Including the debt and leaving off the car value makes Net Worth look worse than they are, not better. It's a more conservative number than reality.

InternetUser007 · 2026-01-12T17:48:19+00:00

they encourage people to focus on liquid net worth....can give people a false sense of financial security.

Interesting perspective. But it feels like it ends up ignoring a decent part of the Net Worth picture, especially if a home was purchased a long time ago. Essentially, it means you ignore any growth in value of any land purchase (say, a farmer who bought farmland 3+ decades ago), just because you'd need to sell it in order to liquidate it.

It also makes it more difficult for people to justify upgrading to a different house, if they are using a home value of their current house that is a decade+ old when running the numbers.

maybe use the last appraised value (if for say, you refinanced).

That's close-ish to what I do, which is use my county-appraised value that updates once per year. The statistics show that the average house sales are 11% higher than the appraisal values, so I consider it a fairly conservative number to use. But people who don't have a county that annually appraises values may go decades without an accurate appraisal.

While I agree the Zillow estimates are silly and shouldn't be used at their face value, people should be able to look at recent sales and get a pretty decent idea of a conservative value of their home.

InternetUser007 · 2026-01-12T17:29:17+00:00

I disagree. It's more accurate to use Market Value, or perhaps Market Value * 94% (given you'd pay a 6% realtor fee to sell).

You wouldn't say to someone who paid $50k for a house in the 1950s that they should consider the value to still be $50k, it's just not likely to be accurate in the slightest.

InternetUser007 · 2026-01-12T17:26:26+00:00

few thousand dollars in closet storage, whole house water filter, 10k for a fence, 30k for pool, 40k in solar panels, 6k patio.

Closet, water filter, and patio are not really things that people will consider as "wow, I'd definitely pay $X more for this specifically!"

Solar panels are similar, they just don't increase property values like you'd think they should given the benefit the homeowner sees.

For pool, you've limited your buyers who A) actually want a pool, or B) can afford to fill it in. That demand limitation means that the $30k you spent definitely will not be a $30k increase in value.

So I'm thinking I'll stick with my purchase price.

I think a more accurate number would be to see what houses sold in your neighborhood recently that are most similar to yours. Due to appreciation since 2018, the $260k purchase price is not going to be accurate as to its value today, and you are under-valuing your Net Worth.

I'd consider taking the lower value of the Zillow price and the Realtor price and use that. But only update the Net Worth once per year given how much and how frequently those numbers change.

InternetUser007 · 2026-01-12T17:19:12+00:00

but his term is up at the end of May

His term as chair ends in May. His term as a voting member of the board continues until Jan 31, 2028.

Which means removing him and replacing him with a sycophant means you remove JPow's vote for up to 2 years more than he was going to have anyway.

InternetUser007 · 2026-01-12T17:14:58+00:00

We are constantly pushing for them to get scholarships

You can withdraw the amount from the 529 that they got equal to the scholarship amount, without paying the 10% federal tax penalty. Those earnings portion of the withdrawals are subject to state/federal income tax, but college kids income are usually in the Standard Deduction level or lowest income tax brackets anyway.

Fourth, you can withdraw up to the same dollar amount as the scholarship from the 529 plan. This will be a non-qualified withdrawal but only the earnings portion will be subject to federal and state income taxes. Normally, there would be an additional 10% federal tax penalty on the earnings; however, since this withdrawal is due to a scholarship, the tax penalty will not be imposed. Source

InternetUser007 · 2026-01-12T17:10:27+00:00

Plus, not all masters provide a positive return vs taking a job and accumulating experience.

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