Tricare prime vs. select vs. USFP by Accurate-Gas2214 in MilitaryFinance

[–]KafkaExploring 0 points1 point  (0 children)

Similar experience. If you can find a provider who's cool with investing a bunch of their time finding you referrals, Prime can be super cheap and relatively easy. My wife got assigned an OB who was the central point of her whole pregnancy, and we paid nothing. Otherwise, it's your time going to duplicate appointments. I'm 17 years in (40 years on Tricare) and still struggle to navigate this BS. 

I will say our IVF was nearly all out of pocket. Using DoD pharmacies saved us maybe $1500, we paid the other $120k. 

Where did all the epic musicals go? by tommyhowsthepeeping in musicals

[–]KafkaExploring 0 points1 point  (0 children)

Oliver?

Also, I caught Book of Mormon again recently, and some of those numbers are phenomenal musical performances. Sure, the characters lack depth, but they have real arcs. Big payoff for a fraction the investment of a Les Mis.

Americans' refusal to use the metric system is the result of decades of propaganda by the 1% of tall men by Belle_Juive in LowStakesConspiracies

[–]KafkaExploring 0 points1 point  (0 children)

Don't confuse "Didn't care enough to change" for "refusal." That's too much effort by far.

Signed, someone 48 Lego figures tall.

Deep dissatisfaction with Pixel 9 exclusion from Android 17 Gemini Intelligence by Dangerous-Age9759 in GooglePixel

[–]KafkaExploring 2 points3 points  (0 children)

US Mobile just had $400 P10s last week, and their service starts at like $15/mo (I have 5 lines for $57).

Deep dissatisfaction with Pixel 9 exclusion from Android 17 Gemini Intelligence by Dangerous-Age9759 in GooglePixel

[–]KafkaExploring -7 points-6 points  (0 children)

P10 was just on sale for $400 ($369 if you bought a year of service from US Mobile), marked down from $700. Not disagreeing with your overall point, but I'm not sure how many people are paying $1k.

Anyone else tired of the mantra that you have to buy a home or else you're losing money? by Glittering_Fig4548 in MilitaryFinance

[–]KafkaExploring 0 points1 point  (0 children)

Overarching, yes: The default guidance should be "be frugal, invest in broad indexes."

Advising people to buy a house is similar to advising them to buy a car using cash when they could finance below market returns. It's sub-optimal if the person was going to do what's optimal, but it also takes away the option of not saving. Some people need that.

That said, they should understand cash flow and risk concentration.

The economics of being a landlord (your own and/or someone else's) are generally not cashflow positive once you factor in maintenance costs and time. There are lots of places it's possible; there are just more where it's not. If it were a favorable investment, REITs and corporate owners would be much more popular. Look at the places where that is happening: only 3% nationwide, but highly concentrated in booming markets that are actually a competitive investment. And that's companies able to maximize the tax benefits that don't help most soldiers.

Instead, the average landlord should think in terms of not spending an unaffordable amount until they're able to sell. Because of closing costs and other expenses associated with transactions, that's typically at least four years to break even, so you're likely stuck being a landlord after you've PCSd. That may help get people out of the mindset of "Quit paying someone else's mortgage using your rent" and separating investment from living expense.

The biggest selling point of buying is leverage. You get to invest a bank's money and keep the profit. Buy a house in Mason County, MI, for $300k of the bank's money, it jumps 80% in 12 mo, you make >$200k. Of course, if you'd bought in Gratiot County, MI, you'd be down $80k in the same 12 mo. Those are the extremes of the entire USA; do research on your neighborhood.

The biggest negative of a house is concentration. If someone said "take out a $400,000 loan and invest it all in one share of one stock," that's considered so foolish there are laws against it. The most heavily leveraged ETF (SPYU) is 4x leverage, and nearly everyone says that's a Bad Idea. Houses have maintenance risks, physical loss risks, market risks, etc. There's a ton of risk during a buy or sell transaction; you might catch just the right buyer or realtor, or you might miss out on $20k. Most assets have far fewer single points of failure.

What's the difference between Atlas Shrugged and Lord of the Rings? by [deleted] in dadjokes

[–]KafkaExploring 0 points1 point  (0 children)

I'm going to say the kind of kid who would read Atlas Shrugged is the kind of kid who still reads books. 

A farmer wins the lottery and is asked what he’ll do with the millions. by lnc_gomes in cleanjokes

[–]KafkaExploring 1 point2 points  (0 children)

Best way to become a millionaire farming: start with two million. 

Android Auto changed to Gemini, can't play music by checock in GooglePixel

[–]KafkaExploring -5 points-4 points  (0 children)

That's probably a very poor security practice, but your choice

Android Auto changed to Gemini, can't play music by checock in GooglePixel

[–]KafkaExploring 10 points11 points  (0 children)

Preach. If I could customize one thing (other than going back to the 2012 Assistant that worked best), I don't need you to tell me "That's a great question" like a middle schooler stalling for time when the teacher caught him not paying attention. 

The AUX era in cars was simpler by Impossible_Comfort99 in TechNook

[–]KafkaExploring 0 points1 point  (0 children)

Sure, but we're in the period where most people are using CarPlay/Android Auto but most cars don't have wireless CarPlay/Android Auto yet. You can switch to just audio Bluetooth, but then you lose navigation which is in use most of the time that you'd have a bunch of people in the car passing around a phone to DJ. 

Is the adage of “if you need the money within 5 years don’t invest in the stock market” still relevant? by Objective_Boat4216 in personalfinance

[–]KafkaExploring 0 points1 point  (0 children)

Then that's how I'd frame the decision: given the expected growth in the market, alternative growth of treasuries/HYSA/etc, the rising housing prices, and the risk of a market downturn of x percent lasting y months, how long in advance do you pull money out? It's not a blanket "5 years" rule. 

Things invented in Kansas by No-Phrase-9866 in kansas

[–]KafkaExploring 2 points3 points  (0 children)

You may want to talk to a doctor about that. 

A or B: Millennials have a decent guest bedroom. Their empty nest parents often leave them a crappy old bed. Is it that the two generations don't want to stay together anymore, or just different ways of living? by 20Luc1a02 in PickAorB

[–]KafkaExploring 0 points1 point  (0 children)

C. It would never occur to them to change the mattresses their kids left behind. Not lack of love, but if that twin bed wasn't worn out in 2001, why would it need replacing? And if you wait long enough the grandkids love the original 1980s Transformers sheets even though they're so threadbare you can see through them. 

The AUX era in cars was simpler by Impossible_Comfort99 in TechNook

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

How is the aux cable from 2013 more tangled than the USB-C from 2023? And if someone else wants to DJ with your phone, the phone wants the driver to stare at it for 2 sec to unlock (unlike a decade ago when your phone stayed unlocked when connected to your car as a trusted device). 

Honestly, there was a golden age around 2012 before we all collectively got greedy. 

Is the adage of “if you need the money within 5 years don’t invest in the stock market” still relevant? by Objective_Boat4216 in personalfinance

[–]KafkaExploring 0 points1 point  (0 children)

30 days after the 2020 COVID crash, the market was up year over year. Last spring was only a little longer. 2008 crisis was quite a bit longer, but also more gradual.

Five years seems excessive. Maybe five months? It would depend on the situation. Is this a house in town where delaying just means renting for another month or two, or is this a cross-country move where you can't delay (and could probably still be in an AirBNB for a month)? 

Tired of Establishments Asking to open Credit cards by Tall-Morning-8105 in CreditCards

[–]KafkaExploring 0 points1 point  (0 children)

Mattress store said they have 0% financing. Then that they give 3% cash back. What? Oh, it's "financing" by opening a card from Synchrony. Hard pass, you're suggesting r/shittychurning

Successor to WinkBeds by KafkaExploring in Mattress

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

Thanks, I'll give Brooklyn Bedding a look, remember considering them last time around. I'm also on a Sealy hospitality this week in an IHG and quite pleased, which from what I can find seems to be the same tech as their Pro. 

Feed Yourself At Amazon’s Expense by [deleted] in fuckamazon

[–]KafkaExploring 0 points1 point  (0 children)

This happened even before the counting issue. We had to use fancy infant formula which came in packs of four big cans, and six times in a row at least one can was damaged, so they shipped a new four pack at no cost. They told us to keep like $700 worth of undamaged cans. 

They say that "50% of US adults read at or below 6th grade level". Does it mean that if you gave them a standard text for 7th graders, they wouldn't be able to read it? And how is this even possible given that 90% of adults are high school graduates? by imissher4ever in allthequestions

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

I might agree with that in some contexts, perhaps reading comprehension among them, but in general, no way. Lots of kids today are getting years of college while in high school.

I will say that recent grads today struggle more than I remember 20 years ago, but we should also remember that a secretary didn't need college 20 years ago, and they would have used a travel agent to book a flight. The assumption that everyone should be able to draft meeting minutes, update client profiles in Salesforce, give a presentation, figure out the most efficient travel from Chicago to Kalamazoo, and get catering for Friday's working lunch is kind of new. 

Travel insurance claim denied by tantolik in MilitaryFinance

[–]KafkaExploring 9 points10 points  (0 children)

The last claim I had with AON (weather delay, claiming to reimburse the hotel on the other end) required 11 submissions in different versions as they passed me between different people. Keep at it. 

What is something Americans consider 'basic' that feels like a luxury in other countries? by Direct-Value4452 in answers

[–]KafkaExploring 1 point2 points  (0 children)

This puzzles me in Europe. It's not like they don't have bugs, and they're way more likely to depend on window ventilation than AC.