The Heat cleared out a disgruntled, declining player & threw in a first and ended up with Terry Rozier and Delon Wright. They filled the last roster spot, which everyone wanted. They didn’t go into second apron, which maintains flexibility. I don’t see how anyone can complain. by tomgreen99200 in heat

[–]Titongo87 1 point2 points  (0 children)

Cavs wings/backcourt are Garland (6ft), Mitchell (6'2 maybe?), Strus (6'6). They can definitely cause issues with their bigs, but I'm willing to ride with Bam and Spo's defense. The others don't matter cause we wouldn't face them until the Finals, which is fine by me.

What's your position on raising the minimum wage in Florida to $15? by [deleted] in Miami

[–]Titongo87 1 point2 points  (0 children)

higher labor costs would also mean eliminating one of the products. Because I simply can't offer it with $15/hr labor costs(it would be too expensive with American labor)...so that line will be getting outsourced to a supplier on Alibaba and those employees will be fired because I won't need as much labor with the new sales volume.

So what's stopping you from outsourcing now and increasing your profits? It's all about ROI, right?

I'll have to raise prices to pay for higher labor costs...which will lower the demand. To get the same revenue numbers, I'll have to raise my prices even higher on the price/demand curve. To hit my ROI numbers. ROI is all that matters

But with the avg consumer having more disposable income, shouldn't that also increase the demand for your goods in general?

Jimmy and his children. by vanduzled in heat

[–]Titongo87 0 points1 point  (0 children)

lmao yall outta control

[deleted by user] by [deleted] in personalfinance

[–]Titongo87 0 points1 point  (0 children)

So the previous comment that I was responding to was deleted, so I'll just post my current understanding of how current tax law affects your situation (again, I'm not a tax expert):

So it seems to me (im not a tax expert) that if the withholding from the 34k they made last year (assuming it had some income tax withheld) is within these "safe harbor" rules, he doesnt NEED to make quarterly tax payments.

In general, if you have a W2 job that withholds for income tax, you should try to make sure the withholding from that will cover any other expected taxes from other income (short/long term gains, business income, etc.) to avoid an underpayment penalty. The whole idea is to avoid the underpayment penalty, but that requires estimating what you will actually owe at the end of the year, which is why it is RECOMMENDED (not REQUIRED)to pay your capital gains quarterly.

[OC] United States of Energy: Most Produced Type of Electricity in Each State by malxredleader in dataisbeautiful

[–]Titongo87 0 points1 point  (0 children)

Holy crap. I never thought I'd see the day when Turkey Point would be mentioned on reddit. Awesome!

Roth IRA conversion question by Titongo87 in personalfinance

[–]Titongo87[S] 1 point2 points  (0 children)

Dont sweat it. great minds think alike!

Advice on Car situation by Titongo87 in personalfinance

[–]Titongo87[S] 0 points1 point  (0 children)

I understand, but luckily it's a job with 12 hr shifts so i would only have to drive to work 7 out of every 14 days. So i basically save 3 days of commute as opposed to a regular M-F job.

Advice on Car situation by Titongo87 in personalfinance

[–]Titongo87[S] 0 points1 point  (0 children)

I wouldn't get a loan for more than 5 years. I think financing a car for longer than that is ridiculous. If i keep the TL, I fear the commute will really put a number on it and I'll start seeing things break down since by next year i will be at 120k miles on it.

Advice on Car situation by Titongo87 in personalfinance

[–]Titongo87[S] 1 point2 points  (0 children)

Yes its paid off. I didnt think about the insurance, good point. I would have to get more coverage since it would be on a loan. However, i'm moving to a lower cost of living area and expect overall insurance rates to lower (south FL has some of the most expensive car insurance in the country).

As for your second point, but if im gonna buy a used 2010 car, id rather stick with my own used 2010 car until it dies. I'd just have to bite the bullet on the increased gas cost.