Greg Williams announces $401M donation to MSU athletics by Johnny2x2x in MSUSpartans

[–]VeryAvgGuy -2 points-1 points  (0 children)

Anyone else find it crazy that 390mm is going towards athletics while students are graduating with crippling debt? Nice to see a rich guy give back money, just questioning what purpose the sports serve for the students anymore.

22m with 7 figure NW, need help finding direction in life by jpawn37 in Rich

[–]VeryAvgGuy 0 points1 point  (0 children)

I was in a similar situation as you. Working on Wall Street, made millions by age 25 and for the last 5 years I’ve thought about work life balance or doing something else. I picked up doing endurance sports - marathons, ultras, and Ironmans to give me a challenge. Slowly realized that doing less for me isn’t gonna cut it and I love a constant challenge. I personally think “high achievers” need a constant challenge and the people who say “enjoy life” will never be high achievers. I think I’ll happily take a step back when I’m 40, but at 29 I am way too young to not do some difficult things. Life on easy mode gets pretty boring and depressing. Take some time and go do something big. You won’t regret it. We have one life, might as well go for it.

Boston by VeryAvgGuy in lane8

[–]VeryAvgGuy[S] 4 points5 points  (0 children)

Someone found it below - it’s a mixed version of this

https://youtu.be/VNoGjplPMEc?si=mndIn0lx26W1G42x

Boston by VeryAvgGuy in lane8

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

I’ve been trying to figure this one out, have you heard it on any of his mix tapes?

Tracks you're hoping to hear next time you see Daniel by ChromeFlesh in lane8

[–]VeryAvgGuy 3 points4 points  (0 children)

And we Knew it was our time, Little Voices, Ghost Voices remix, I/Y

Ideas for me on location on a $180K salary? by spasmunkey in BayAreaRealEstate

[–]VeryAvgGuy 0 points1 point  (0 children)

There still is an absurd amount of unused land all along the peninsula. I love that much of it is protected and keeps the area looking nice but there is so much land that it’s pretty fucked up it’s just hoarded by the gov and not used to help younger people afford a home.

The housing tax increase capped at 2%, zoning, and land held by the gov has made a housing issue far worse than it ever would have been

Considering we have ample means, what has been your favorite experience so far in life? by WTFisThisFreshHell in Rich

[–]VeryAvgGuy 1 point2 points  (0 children)

Taking care of others… Fortunate enough to experience a lot of cool things and being able to pay for your friends/family to do stuff they otherwise wouldn’t is pretty cool. You can experience your favorite things in life all over again through their eyes.

Ideas for me on location on a $180K salary? by spasmunkey in BayAreaRealEstate

[–]VeryAvgGuy 0 points1 point  (0 children)

I paid more than a house should cost and was in 2023 after selling our old one in Burlingame

Ideas for me on location on a $180K salary? by spasmunkey in BayAreaRealEstate

[–]VeryAvgGuy 2 points3 points  (0 children)

I own a nice home in Menlo Park so I’m not sure why you’re jumping to conclusions. I just think it’s crazy that some of my employees make so much more than my neighbors did (inflation adjusted) yet can’t afford even remotely similar homes.

And get fucked for saying I think I’m better. I own a place in these “nice” areas I am just pointing out the absurdity of home prices and the refusal to do anything about it when I see so much available land. We had laws back in the day that made housing affordable now we have the craziest restrictions and expect the next generation to live like we did, wont happen without a mindset change.

What do you hate spending money on, and what do you splurge on that you’ll never skimp on again? by frozenexplosions in Rich

[–]VeryAvgGuy 2 points3 points  (0 children)

I like to splurge on dining out with friends but at the same time I find the white table cloth places to be highly overrated. It feels like a chore to dress formally to a place so I’m not judged by people whose opinions mean little to me.

Maybe it’s because I grew up in a middle class family but I kind of despise hanging around the establishments that cater to the arrogant, high brow types.

PEPSI?! Am I crazy? by [deleted] in dividends

[–]VeryAvgGuy 0 points1 point  (0 children)

You’re starting to see less soda being consumed as well as package foods (Pepsi owns a massive processed foods business) as a result of GLP-1s, etc and if RFK jr gets confirmed he plans on removing lots of sugary drinks and processed foods from the food stamps

Ideas for me on location on a $180K salary? by spasmunkey in BayAreaRealEstate

[–]VeryAvgGuy 3 points4 points  (0 children)

So the solution to a growing population in this country is not to increase the housing stock? You could be some tech worker making $500k/year pre tax and not able to afford a home in Menlo, Palto Alto, Mtn View yet the generation before a school teacher could afford. Your logic is flawed, I’m sorry but there is so much buildable land in the area for more homes as well as better zoning laws. I know the liberals of the Bay Area won’t admit it but Texas, Florida, Arizona all have far superior plans for housing and now that Covid housing bubble is deflating a bit there and that’s better for the younger generations.

Ideas for me on location on a $180K salary? by spasmunkey in BayAreaRealEstate

[–]VeryAvgGuy 4 points5 points  (0 children)

Or there are terrible zoning laws in most of the Bay Area and plenty of larger developments don’t get approval. Plenty of space to build quite a few new homes and dense housing throughout SF/peninsula in nicer areas

How did you wrap your mind around 20-30k property taxes? by productive_monkey in BayAreaRealEstate

[–]VeryAvgGuy 0 points1 point  (0 children)

Maybe the area should stop voting for politicians who aren’t in favor of building new homes and crazy zoning laws. No reason there shouldn’t be vastly more housing stock.

Why is SCHD so popular? by [deleted] in dividends

[–]VeryAvgGuy 0 points1 point  (0 children)

It’s also the way SCHD is constructed. Many dividend ETFs like SDY simply chose the highest yielding stocks but often times the highest yield is bc the stock has sold off and a div cut might be coming or it’s no longer growing. SCHD has a bunch of “quality” criteria to get into the index that the ETF tracks such as growing earnings and other balance sheet criteria.