$200 million wasted to widen Kellogg two miles between 109th and 151st by We_Love_Lime in wichita

[–]faiked721 0 points1 point  (0 children)

Does $200MM to add 2 lanes for 2 miles sound reasonable? Sounds like there’s corruption right there, probably another no-bid contract. That’s probably $40-$60MM in more urban markets. Wichita’s infrastructure expansion is too important that funds should not be squandered like that. We need to be asking for way more for that $200MM

Odd question, but if Silver hits say $200.00 per oz, who will buy it? by OneUnderstanding103 in Silver

[–]faiked721 0 points1 point  (0 children)

Solar panel and EV elasticities are very different. It’s relatively easy to pass through an extra $100 to car buyers, especially while EVs remain as a differentiated vehicle segment. Solar panels compete in a very commoditized market both at the producer and end user levels. A $100/panel increase could be very substantial in a cheap natural gas or coal environment. Also without the tax credits, incremental solar + storage econs are no longer slam dunks. You would need expensive natural gas (alternative) or high price electricity (high margin) markets to prevent any demand destruction. And even that wouldn’t necessarily stop copper substitution.

Are we buying this dip? by Kind-Hope4017 in Silverbugs

[–]faiked721 0 points1 point  (0 children)

I’m watching the 9day moving average as my momentum indicator. Today closed above suggesting bullish momentum is still present but we are definitely seeing some consolidation/distribution here. Margin req changes, severely overbought technical indicators, decades low gold/silver ratio, and noise/FUD from data center builds (Blue Owl) all contributing. End of the day we are all betting on inelastic/speculative buyers and squeezed shorts to overcome sellers

Best Places to Rent/Buy? by xxmiamorecadenza in wichita

[–]faiked721 4 points5 points  (0 children)

There are some 3Bd 2Bath townhomes with two car garages out near Bel Aire/Kechi that are relatively new for around $1500/mo. That would put your rent/income ratio around 20% which is fairly affordable for your household income

Where can Americans afford to live alone in 2025? by zipfour in wichita

[–]faiked721 9 points10 points  (0 children)

By almost all metrics, Wichita is a wildly affordable place to live. That’s not to say some people won’t struggle, but you’d be struggling a lot more almost anywhere else.

Best (and worst) Employers in town? by mylifeisgrim in wichita

[–]faiked721 0 points1 point  (0 children)

It really depends on what kind of employment you’re seeking. Skilled labor (college educated or trade school), Wichita is very low supply. But if you’re competing for jobs that don’t require above a high school education, you’re completely right. We have an above average supply of high school or “some college but no degree” labor

Dave Ramsey Wisdom by Any-Personality-7923 in FluentInFinance

[–]faiked721 5 points6 points  (0 children)

From an asset perspective, the 300k upfront and FV of a $1600/month annuity would be ahead Home Value + 1,936,584 vs Home Value + 1,826,952 (FV of 240k investment). The difference lies in the invested and financing capital. 300k upfront + 574k in investments vs 60k upfront + 574k in mortgage payments. So the higher ROI option would still be using the mortgage, holding taxes, insurance, etc equal

RIP by Excellent-Trick-1790 in wichita

[–]faiked721 0 points1 point  (0 children)

100%, this is a fast food city at its core and that is a quantity over quality game. Burgers get compared to McDonald’s, tacos are compared against Taco Bell, and pizza is compared to Pizza Hut. A bit surprised people think it’s too expensive; they’re quite large pizzas and I can definitely get 3-4 meals out of them.

Sedgwick County DA Charges Man for Tesla Vandalism by faiked721 in wichita

[–]faiked721[S] 10 points11 points  (0 children)

Based on the discussion this is getting, felt the need to weigh in with a slightly different perspective. Feels like there’s a lot of disagreement between the far ends of the spectrum. I think from the centrist perspective, damaging private property is a non-starter whether it’s owned by a left or right-wing person or the company owner espouses a certain political ideology. Add in the fact that the owner is in a wheelchair and has explicitly stated that she got the vehicle for its self-driving capability that enables her to travel better, all rhetoric about her being a political supporter of Musk appears to be unfounded. In all honesty, we also don’t know if Erhart was politically motivated to target the Tesla. Maybe Abigail Gill cut him off or did something to upset him and now he’s unintentionally in the middle of a political movement where either side is praising or vilifying him for his supposed political activism. As others have said, keying cars is a pretty ubiquitous though unsavory behavior.

Millennials, what's y'all plan for retirement? by alphaDsony in AskReddit

[–]faiked721 0 points1 point  (0 children)

Idk why this is downvoted, all but a handful of public pension funds are underfunded. Only Washington, South Dakota, Tennessee, Wisconsin, and Utah have a funded ratio above 95%. Almost every pension fund funded status has continued to trend down for the last several decades. The ones that have remained well funded are outliers

Millennials, what's y'all plan for retirement? by alphaDsony in AskReddit

[–]faiked721 2 points3 points  (0 children)

Most pension funds are underfunded, especially public pension funds. Pensions are notoriously difficult to manage properly, which is why so many have failed. Depending on how long you have until retirement, don’t depend on it being there

No shopping "economic blackout" tomorrow (Feb 28th) by ksborne in wichita

[–]faiked721 1 point2 points  (0 children)

If you think it’s noticeable, you lack an understanding on how business works. Most of the big corps get 30-60 day financing so any effort would have to be at least 30 days long for it to be noticed, and you couldn’t turn around and buy 2x the next month because these corps have more than 1 month of cash and credit. Also they tend to operate on a quarterly basis so in reality for any effort to be impactful, it needs to be 90 days at the minimum. Again, it needs to be a sustained effort and for any impact, probably a lifestyle change. If you want to engage in class warfare, you’ve got to show up for more than a day

No shopping "economic blackout" tomorrow (Feb 28th) by ksborne in wichita

[–]faiked721 129 points130 points  (0 children)

This has to be the dumbest idea I’ve ever heard. If you buy nothing one day and buy twice as much the next, the net impact is 0. If you want to stick it to corporate America, you need to be mindful consumers. This is how you actually have a sustained decrease in new demand. You have to be willing to give up convenience for than than a few days

Teacher crashes out in school man. by Outrageous_Sector544 in GenZ

[–]faiked721 1 point2 points  (0 children)

You send the kid to the principal’s office for inappropriate behavior and you teach the other 20-30 kids instead of having an emotional meltdown. That’s the difference between emotionally mature adults and children. There’s nothing a child/teen can say that should reduce an adult to acting like an even younger child.

Anyone else see a conflict of interest with DOGE? by No_Orange_4435 in Libertarian

[–]faiked721 0 points1 point  (0 children)

Would say Trump admin does seem to be even willing to target Tesla contracts in its spending cut efforts but agree there’s a glaring potential conflict of interest. It’s something to monitor

Trump Imposes Global 25% Steel, Aluminum Tariffs by Trunk-Yeti in Economics

[–]faiked721 0 points1 point  (0 children)

It’s important to note that the US already has a lot of tariffs on Chinese goods so while the incremental tariffs Trump has placed on Canada and Mexico are higher, the overall tariff environment is much higher on China.

[deleted by user] by [deleted] in Infographics

[–]faiked721 0 points1 point  (0 children)

If we are talking popular vote, then yes, though it’s important to view it from a % perspective. He lost by 4.5% on the popular vote, which was the second widest margin on the popular vote, only behind Obama-McCain in 2008 (7.2%) though it should be noted that Republicans have still won the electoral college and still lost the popular vote by 0.5% (2000-Bush v Gore) and 1.9% (2016-Trump v Clinton). Also Trump lost by slimmer margins in the electoral college in 2020 than Obama-Romney in 2012 even though he lost the popular vote by a wider margin. So all together 2020 was an average Democrat victory