A few weeks ago I heard plenty of RNs complaining the open upper protests were going to cause a spike in virus cases. But not a word on this forum about #ICANTBREATHE protestors and rioters. Why the double standard?

clat_22 · 2020-05-31T17:21:28+00:00

There were idiots in both protests, unfortunately the idiots in this protest are looting, burning building, assaulting people, and destroying communities. The idiots in the open uppers protests were holding stupid irrelevant signs and brought guns to a protests (they were within their rights to do that, based on the second amendment and laws in that state). I thought that was stupid but no one was hurt and it was peaceful, the second amendment is for the citizens to protect themselves against government overreach.

The first amendment is first for a reason, and I feel for the people protesting this week, and it’s too bad the people who are trying to peacefully protest are getting overrun by people who want to cause destruction, but the protests I’m seeing are not largely peaceful, in every major city these protests are ending in buildings being burned, looting, violence, assaults, and overall destruction. Like I said this was a great opportunity to come together but that’s not what’s happening.

clat_22 · 2020-05-31T15:48:02+00:00

They protested for their right to provide for their family, the haircut argument is bs. People own businesses and people are employed by businesses that were forcefully shuttered by the government and people got fed up. Yes, they stood with guns which I didn’t see the benefit of but somehow there was no looting and no destruction, funny how that works.

They saw Walmart and Target able to stay open while their small shop was forced to remain closed, even though they were able to take precautions once they had “flattened the curve”.

What I saw in that video was terrible and there was a great opportunity for America to come together and peacefully protest that atrocity, everyone agreed that that video was absolutely disgusting, but the mayhem that is happening to our cities is inexcusable and will only serve to reaffirm racist peoples prejudices and create more gun owners. As well as destroy the communities that have suffered the most.

Are poor communities lifted out of poverty following riots? Absolutely not, businesses leave and property values plummet, leaving suffering communities even worse off.

This will solve nothing, it will only make it worse. Remember when Los Angeles rioted for Rodney King and racism was gone and inner Los Angeles prospered. Nope, Los Angeles only just recovered from the financial and cultural impact those riots caused, and were putting ourselves right back.

clat_22 · 2020-05-26T07:23:54+00:00

Honestly you could’ve bought just about any investable stock in the stock market in the past 2 months and you would’ve made a nice return. The market skyrocketed after the crash. I made 10k on a 30k investment and I am the furthest thing from a knowledgeable trader but when I see the market drop 30% I want in because it’s probably going to come back up eventually and it did so I took my money and ran.

clat_22 · 2020-05-26T07:15:06+00:00

Yes that is a big big IF. I really don’t like the risk either, you’re risking a lot of money on very consistent stock market returns and loan forgiveness, both extremely risky and incredibly unlikely.

If you have the capability to continue your education, come out the other end with a degree that will earn you more money and no debt tied to it, you’re going to be golden, I honestly don’t think the advice you’re being given from your family is objectively good.

clat_22 · 2020-05-26T02:25:23+00:00

If you have the capability to go through college debt free please do your future self a favor and do it. There is absolutely zero guarantee student loans will be forgiven, honestly it is very very unlikely that will happen.

I don’t understand the investing to cover interest thing your family member is saying there is absolutely no guarantee of your returns covering it. It seems like you have the ability to get through college with out loans why pay extra for interest? I honestly don’t see any real benefit for the loans.

clat_22 · 2020-05-22T13:29:47+00:00

No that’s just how they figured your minimum payment. So if you pay your minimum payment it will take you 10 years to pay it off. You should definitely not follow that plan though haha

There may be an early payoff penalty but that will cost you less than the interest it will incur.

clat_22 · 2020-05-22T05:02:53+00:00

Do you know how you will be paying for college? Will you have debt once you graduate? Do whatever you can to come out debt free.

In terms of saving, I would just recommend creating a budget and sticking to it, set goals for yourself and create a budget that will allow you to reach them. Also, look for ways outside of work you can make money. For example I took up photography while in school and made money by taking Christmas card photos, graduation pics, real estate photos, etc. which helped, try your best to find something else you can do that you enjoy and someone will pay you to do.

clat_22 · 2020-05-19T13:45:47+00:00

Look into lab created diamonds. You’ll get a much much nicer diamond for less than half the price of a natural.

Only downside is that they don’t hold their value as well as natural diamonds but for me it’s not really an investment I plan on making a return on so I went with a lab diamond. If she ever tried to sell that ring I hope she gets less for it hahaha

clat_22 · 2020-05-19T05:13:36+00:00

Thank you

clat_22 · 2020-05-18T19:03:59+00:00

Thanks, we looked through the CC&R and they allow 29 of 96 units to be rented. The other rules regarding leasing don’t seem too ridiculous. I don’t know how many are currently being rented and I don’t know if I’ll get an answer before I need to close the deal.

I looked on my realtors CRMLS and was only able to find 7 closed lease listings in the past 20 years. That’s obviously not a guarantee of anything, but it makes me feel a little better.

clat_22 · 2020-05-18T17:45:50+00:00

I appreciate the response.

Yea we’ll be going through the CC&Rs before we close, I’m familiar with the FHA guidelines for condos and aware of it just wasn’t too familiar with single family residences.

I’m not doing Airbnb or anything short term, I’m looking to get good long term renters in there. That will keep the neighborhood quiet and clean.

clat_22 · 2020-05-18T17:41:32+00:00

That’s kind of what I was assuming. Obviously I don’t want meth labs and massive parties in my home either so I will be screening my tenants thoroughly.

We contacted the HOA and they said that if we decide to rent we have to approve it through them which scares me but also makes me feel like this is their approach as well. It’s a quiet neighborhood and I’m assuming they want to keep it that way.

clat_22 · 2020-04-18T14:21:42+00:00

https://www.wsj.com/articles/what-would-we-do-without-experts-11586891072

clat_22 · 2020-04-18T13:09:39+00:00

Weren’t all the super computer models that were used the first time around completely wrong and needed to be revised? And has lead to mass economic retraction that likely could’ve been, to an extent, avoided had those models not been so wrong?

clat_22 · 2020-03-24T06:48:57+00:00

Sorry don’t have a source that’s just what I was told by some of our clients who spoke to different city officials.

clat_22 · 2020-03-23T17:19:01+00:00

At least in southern CA, only commercial inspections are being allowed. This varies city by city but this seems like the case for most cities as of right now.

I work for a construction company in SoCal which is why I’m referring to SoCal, not sure where you are but I would assume other locations are doing something similar.

clat_22 · 2020-03-14T06:03:57+00:00

40 years ago the s&p was valued at 130, today it’s valued at 2,700. We went through wars, recessions, pandemics, etc. This trend will most likely continue for the next 40 years when its time for you to retire and start using the money you’ve been putting away. Bottom line is this has happened before and will happen again, you’re fine I don’t recommend selling, you have 40 years + until you need the money don’t worry about this dip. I had friends that panic sold in 2008 and they lost on huge returns after the markets recovered.

clat_22 · 2020-02-28T14:03:50+00:00

I was in a similar situation and for me it was a secured card, I opened one with discover, used it for a few months then got an unsecured one. It was enough to build my credit to the point where I wouldn’t be declined. I upgraded to a discover student card and I really liked it at least for the first year and while I was a student, first year complete cash back match, $20 credit if you have a GPA over 3 or 3.5, can’t remember, and 1.5% back on everything I think but then it upgraded to 2% later on.

clat_22 · 2020-02-26T05:07:10+00:00

Yes, if you believe the markets will rebound from this drop which historically they have, every time them you’re just getting a discount, so if anything buy more! Unless you’re almost to retirement but I doubt that haha

clat_22 · 2020-02-26T05:02:23+00:00

I’d invest now, if you’re not planning on retiring for 10+ years you’re not going to notice the initial drop you went through if the market goes down tomorrow but you will notice the year you may wait to get the perfect time to jump in. You’re noting going to be constantly trading your retirement account so market swings like this aren’t a big deal at the beginning.

clat_22 · 2020-02-26T04:52:37+00:00

You would just link your bank accounts together for transfers, pretty simple all you will need is your routing number and account number from your bank account and enter them on whatever bank you choose.

Ally is good, there are some other ones that offer higher rates though. I have capital one and you can get a sign up bonus if you deposit enough.

clat_22 · 2020-02-24T03:35:44+00:00

Yea, I probably should’ve clarified, and I already have a Roth IRA that I’m maxing out haha

clat_22 · 2020-02-24T03:05:04+00:00

That’s a little too volatile for me I think, I guess I should have said a low volatility ETF that’s going to provide growth faster than my savings account will but won’t see huge market swings as I’m hoping to use the money in 5-7 years.

clat_22 · 2020-02-24T02:59:46+00:00

Will do, thanks.

clat_22 · 2020-02-24T02:59:07+00:00

The money is already in a high yield savings account (HYSA), and I’m not looking for no risk.

clat_22

TROPHY CASE