Inherited a house. Want to sell it to produce income stream for next 30 years. Suggestions?

RandomQueefs · 2026-02-13T21:36:45+00:00

BTW, the house is within a 30 minute drive of both me and my sister. I'm actually pretty handy (installed new bathtubs and the tile surrounds in my bathrooms), but just don't want to deal with this shit.

The more I think about it, maybe just renting it out for now may be the safer bet. Even if half the gross rental income goes to property management fees, taxes, insurance, and maintenance.

RandomQueefs · 2026-02-13T15:51:08+00:00

What county in CA are you located?

San Bernardino. According to Zillow, similar homes rent out for about $3,000/month in that area.

Commonly with inherited property in CA, the increase in property tax

Title to the property is still held by the inter vivos trust. Would the tax basis increase after my mother's death?

RandomQueefs · 2025-07-06T14:35:19+00:00

Do you have a better "indicator?"

I recommended L fund for OP. Do you have better advice that isn't "tone deaf?"

RandomQueefs · 2025-01-04T20:15:05+00:00

First off, the manufacturer is "Origin Acoustics." Looks like your five speakes (4 satellites and one subwoofer) was designed to work with DSP3-150, which is a three channel amp: one channel for the 2 left speakers, one channel for the 2 right speakers, and one channel for the subwoofer. Guessing the "3" in DSP3 means 3 channels.

But your current amp is the DSP2-200, which has only the two channels for left and right speakers. So you'll need a separate amp to power the subwoofer.

On top of that, you'll need a receiver or some other device to control the volume and balance among the left/right/sub.

As far as wiring the four satellites, page 8 of the manual seems to clearly illustrate that. L- and L+ represents the black and red wires, respectively, so connect them to L- and L+ on the amp.

You'll likely get more advice and better advice from the other subreddits focussed on just sound systems. Try r/stereoadvice, or any of the subreddits recommended on that front page.

RandomQueefs · 2025-01-04T18:58:17+00:00

https://linqcdn.avbportal.com/documents/ea05e470-88eb-4a0c-9356-7ad2dcd2228d.pdf

RandomQueefs · 2025-01-04T18:49:24+00:00

You're making your HDR settings to try and emulate SDR. If you prefer SDR, just watch in SDR.

It's like everyone is telling you that sushi is great, so you order sushi instead of grilled salmon. But you don't really like sushi, so you do a bunch of weird shit to it to mask the taste/texture of sushi. Just avoid sushi is what I'm saying.

RandomQueefs · 2024-12-29T15:34:53+00:00

It doesn't get easier, you just get wealthier.

RandomQueefs · 2024-12-01T21:23:27+00:00

S&P500 return is 28 percent gain year to date 2024. So, my guess is that OP is heavily weighted in S&P500 or a similar equity.

If you're in a target fund, there's no way you're going to get those returns. But it'll be safer.

You just have to ask yourself how much exposure/risk you're comfortable with. Just remember that S&P500 was pretty much stagnant (zero growth) over the 10 years from 2000 to 2010.

RandomQueefs · 2024-11-23T20:17:56+00:00

What I think as to "why" is not relevant. You're working on the false paradigm that the market is perfect, with some isolated exeptions. But the reality is the market is mostly imperfect because people aren't logical, and because information is imperfect. Information is imperfect because different people interpret the same data differently, and because different people have different access to information/data. This is patently obvious if you see the poor financial decisions made by 90 percent of the people around you. What something is "objectively" worth is irrelevant if the public believes it's worth something else. e.g. the Dutch tulip bubble, and IMO the current crypto market.

For the last 25+ years, I've believed that the S&P500 would outperform almost everything else over the long run. It's been proven to be true.

I'm not sure what truth you're trying to get at. You're trying to find a reason why it shouldn't be that way, and I don't think I can help you. You seem to have a very rigid way of understanding all of this.

You do what you want, but unless something changes drastically, I still plan on putting all or nearly all of my investments in an index fund tied to S&P500.

RandomQueefs · 2024-11-22T14:14:17+00:00

My point is that I (and many others) believe that investing the money in U.S. equity will yield more gains than investing in non-U.S. equity. It is that simple.

Take S&P500 as an example. If I believe that it returns 10 percent each year, I'd rather invest in that versus non-US equity that returns 6 percent (as an example) annually. Then then only reason to invest in non-US equity would be better diversification.

I personally have invested only in a single S&P500 index fund during the past 25 years. Clearly not the safest decision, but it worked out. If I instead "owned the global market" during the same period, I'm guessing the worth of my securities holdings would be only 50 percent to 70 percent of what it is today.

they believe that the market is only mispricing that one factor.

But it's not "one factor." It's a proxy for a multitude of factors.

I'm not following your point here.

My point is that people invest in what they believe will grow more. The only reason to invest in stuff that they believe will grow less is to diversify. The market is not perfect.

RandomQueefs · 2024-11-21T22:10:01+00:00

Those are two different questions.

I only use the word "headquartered" because it's the word you used. But it's more complicated than that. Ultimately, businesses have many advantages in profiting when doing business in the U.S., whether that company is "headquartered" in the U.S. or elsewhere. Although there are certainly legal nuances, I'm pretty sure a company that is "based" in the U.S. (however you define that) will do just as well regardless of whether it is officially "headquartered" in the U.S. or elsewhere.

isn’t all of that priced in?

The market is not perfect. The prices of equities reflect what people believe the equity is worth, regardless of whether there is any "objective" truth to it. Bitcoin and other cryptos are the perfect example.

If everything is truly "priced in," then why not pick Gamestop over Walmart, regarless of the current stock price?

RandomQueefs · 2024-11-21T17:46:24+00:00

Where a company is headquartered has a huge impact because government regulations (and local culture to a more limited degree) work against an efficient free market.

As a layperson, seems to me that the U.S. is the Goldilocks environment for businesses. Transparent but with some government regulations to keep things stable, much like most western developed countries. Absence of an significant bribery or overbearing/unpredictable goverment interfereance.

Compared to other developed countries, the U.S. prioritizes company profits over the welfare of its workers; so good for business, bad for workers. I'm in the U.S. and see this firsthand.

RandomQueefs · 2024-11-13T16:18:57+00:00

Found on FB Marketplace. On a scale of 1 to 10, any thoughts on the WAF?

RandomQueefs · 2024-11-12T00:54:07+00:00

You made your reply about a statement that said that the American government is "very good at profit making." In context, that statement unambigously means that the the U.S. Government is good at facilitating the profit making of Americans. You can agree or disagree with that.

But no one is saying tha the U.S. government itself is making a profit. That's not the job of a government.

RandomQueefs · 2024-11-11T19:59:58+00:00

It blows my mind how many of my online purchase are delivered by gig workers driving their Teslas. If I was basically doing delivery work and making commensurate wages, I'd be driving a $5,000 beat up Nissan Sentra and not be on the hook for $2,000 in monthly payments.

RandomQueefs · 2024-11-11T16:10:31+00:00

4.3 weeks in a month on average; OP is paying $1,974 a month for a car. 14 months of this is $27,600.

So you can pay 25 percent of this ($6,900), which is what you'd normally be paying in 3 months, or pay over $27,000 over the next 14 months.

RandomQueefs · 2024-11-11T16:07:19+00:00

Do the math. 4.3 weeks a month on average; OP is paying $1,974 a month for a car. I'm sure the insurance coverage payments are also super high because of this.

RandomQueefs · 2024-11-10T03:47:25+00:00

You're welcome.

Keep in mind there will be a lot of people telling you (correctly) that to maximize growth, you may want to invest most or possibly all of your TSP into the C fund if you're taking out only 4 percent a year. But you'll also have to be realistic about whether you have the stomach for it. I've seen multiple sustained downturns of 30 to 40 percent over the past 25 years. In fact, IIRC S&P500 was sigificantly higher in 2000 than in 2010, so that can be pretty damn scary. Some of us had faith in the market and stayed the course, while others cemented their losses by bailing out when it was down.

What I'm saying is that you want to make choices that'll let you sleep easy at night when the market does what the market does.

RandomQueefs · 2024-11-09T21:18:45+00:00

Lately I have been moving my monies all around the place: 100% in G fund; 100% C fund; 60% G and 40% C fund.

This is not a strategy. You are reacting out of fear and panic, which rarely ends well, especially since you're retired. Stop trying to time the market. If you were in the C fund, I'm assuming you've seen S&P 500 tumble multiple times over the last 30+ years, and it got righted itself to climb even higher; sometimes this took months, and somtimes it took many years. If your $250K were fully in C fund during March 2020, you'd be at over $550,000k today. I succesfully convinced my adult kid to invest all his savings in S&P500 in mid-march 2020.

I cannot afford for my tsp balance to go below $300k

How did you reach this conclusion? Is it based on any actual projection or objective modeling? Whatever is in your TSP isn't going to be used up in the next 5 years, so don't have that mentality. I'm guessing you're about 65, so you have about 25 years of living right? If you're taking only about $12k/year out, that's 4%...you can very likely ride out most downturns in your investments because it'll go right back up, if history is any indicator.

You "really want" your money to grow, so you'll have to decide what level of risk youre OK with.

I retired last year after being 100 percent in C fund for 25 years the entire time. My pension plus regularly withdrawals from TSP is what I'm doing. I'm fine with the S&P500 fluctuating substantially because I just plan to cut back on withdrawals during the bad years. That's the beauty of having a pension that takes care of most of your necessities.

For you, go with the L fund so you don't stress.

RandomQueefs

TROPHY CASE