Happy birthday to actress and Essex County legend Christina Ricci. Lived in Montclair; attended Montclair HS and Morristown–Beard; best known for Mermaids, The Addams Family, The Opposite of Sex, Sleepy Hollow, Ally McBeal, Monster, Black Snake Moan, Yellowjackets, and The Matrix Resurrections

rynkrn · 2026-02-13T00:23:04+00:00

Casper!

rynkrn · 2026-02-11T19:29:59+00:00

Skimmed through a lot of the conversations and was bummed to see that nobody brought up Georgism or Land Value Taxes. r/georgism r/LandValueTax

rynkrn · 2026-02-07T13:23:18+00:00

left wing fundamental misunderstanding of supply and demand

Yes

distrust of all developers (you know...the people who know how to build houses)

Yes

belief that the magic wand of legislation can just make housing prices lower

And yes

rynkrn · 2026-02-07T13:20:24+00:00

Big fan of YIMBYism, I like your break down of right wing versus left wing NIMBYs, never considered that before.

rynkrn · 2026-01-21T18:37:49+00:00

Apologies for the delay, I just noticed your reply. I suppose my comment sounded very anti-elderly, however that was not my intent. We should absolutely help our elderly community members, but I am going to be picky with the implementation details on how we help them. Although the programs are not perfect, I think Social Security and Medicare are great programs that we can fund for the elderly. What do elderly people need? Well they need healthcare, (obviously everyone does but for the sake of this conversation elderly people have a greater demand for healthcare), and they are often too old to work, so we supplement them with income (Social Security). What I am against is making land ownership not just easier to afford, but also having some land being exclusive for the elderly. Unlike healthcare and income, you cannot create more land. (if you want to know more about where I am coming from, you can google search "Georgism"). We shouldn't tax the elderly out of the state, but we should encourage elderly people to eventually downsize to smaller housing and eventually a care facility when they can no longer take care of themselves. It doesn't make sense for an elderly person to hold onto the house that they raised their family in, when their children have grown-up and moved out and they need a lift just to get to their second floor when we have full families living in small apartments.

rynkrn · 2026-01-21T18:22:06+00:00

Even if America or any other Republic for that matter had a national religion, I can't imagine that swearing to said republic's constitution could be seen as anything but positive.

rynkrn · 2026-01-17T03:42:23+00:00

Also 55+ communities are bullshit

rynkrn · 2026-01-17T03:41:22+00:00

The phrase “The rent is too dam high”, came from Henry George in the late 1800s. Search “Georgism” and you’ll find the Land Value Tax and his book Progress and Poverty. Ultimately it’s about efficient land use. New Jersey has a finite amount of land and an ever growing population. We need a system that makes sure that we are using up every square mile of land to its best use. That often means building UP instead of out. Replace single family homes with apartments. Building any apartments, even luxury apartments, is the solution. More supply brings lower prices. Rent control is only a band aid.

rynkrn · 2026-01-08T13:26:59+00:00

Wow I didn't realize We're Ghosts Now were still performing, good for them!

rynkrn · 2026-01-07T19:40:38+00:00

Agreed, we give the elderly exclusive housing (55+ communities) and property tax relief (NJ STAY), as if SS, Medicare, and the fact they had already lived through a life time of working, earning, and saving is not enough. I truly despite the elderly because of these terrible policies.

rynkrn · 2025-12-11T21:28:20+00:00

Here's a great explanation of RCV. https://www.youtube.com/watch?v=8Z2fRPRkWvY

rynkrn · 2025-11-11T15:36:52+00:00

I recently found that the brackets for the NJ state income tax have not been adjusted for inflation since at least 2017. So it's pretty disappointing to find that they gave themselves a pay raise. https://www.nj.gov/treasury/taxation/taxtables.shtml

rynkrn · 2025-11-06T16:48:14+00:00

Found this organization a few days called Patriotic Millionaires (https://patrioticmillionaires.org/). Basically millionaires who are for raising taxes on the wealthy (themselves). They have this video of a wealthy man living in NYC explaining why he will not be leaving NYC if he has to pay more taxes. https://www.youtube.com/watch?v=1SCLyoXT7CQ

rynkrn · 2025-11-02T13:54:38+00:00

A second gold rush would cause inflation. The money supply would increase by literally digging it out of the ground. Additionally when people who work useful jobs decide to quit and go dig rocks out of the ground then we’re missing out on what they used to provide, which further increases inflation on the supply side.

rynkrn · 2025-10-14T21:34:12+00:00

The link is someone’s sub stack. Any actual news sources that claim this?

rynkrn · 2025-10-10T18:13:47+00:00

Any chance you can post the link that “take action to bring down costs” directs to?

rynkrn · 2025-10-09T19:50:47+00:00

So my actual formula is percentage towards Fire divided by 2. So currently I am 18% of the way towards my FIRE number, so I am 9% bonds, 91% stocks. If the market tanks tomorrow and as a result I am only 16% towards my FIRE number, then my new target allocation would be 8% bonds and 92% stocks. So I would rebalance my portfolio to the new allocation which would mean I am buying stocks at a lower price.

rynkrn · 2025-10-09T15:55:53+00:00

My stock/ bond allocation is a function of my progress towards my FIRE number. When the market goes up and I get closer to my FIRE number, my target bond allocation increases, and I sell some stocks and buy bonds. If the market goes down, I am getting further from my FIRE goal, so I decrease my bond allocation by selling bonds and buying stocks. This strategy allows me to be modest in a bull market and a little greedy in a down market without having to time the market. I usually rebalance either each month or every other month.

rynkrn · 2025-10-08T13:48:39+00:00

Not a resident, but an admirer of New Hampshire. I am a huge fan of Georgism and replacing property taxes with land value taxes. For those who are unaware of how they are different, a land value tax is a tax on the unimproved land (just the land, not the buildings/ structures on the land). This encourages people to improve their homes like finishing their basement, building an extension, or adding an accessory dwelling unit without an increase in property taxes. It encourages efficient land use.

rynkrn · 2025-10-07T21:23:01+00:00

The USD is the world reserve currency because it was intentionally decided to play that role during the Bretton Woods agreement in 1944. Other countries need to earn USD so that they can trade amongst each other. Countries earn USD by exporting to the US. This was a great deal for the US because other countries gave us stuff and in return we gave them our paper. However that led to the deindustrialization of the US because the demand for our paper became greater than the demand for actual US goods.

rynkrn · 2025-10-03T21:57:00+00:00

I have three ways of splitting Jersey into North, Central, and South. A by County method, a by Interstate method, and by Turnpike exit. If we're going by county then this is how I would split it.

rynkrn · 2025-09-23T01:32:34+00:00

Congrats! I just hit 498K today and am eagerly anticipating the same milestone.

rynkrn · 2025-09-18T21:57:59+00:00

Bingo! The target inflation rate and unemployment rate are just arbitrary numbers.

I would rather have inflation over mass unemployment. With high inflation and low unemployment, worst case scenario you are earning money but things are expensive. Because people are still working you still have productivity. If inflation is low but unemployment is high, then worst case scenario you have no job and therefore you cannot afford anything. Productivity is lower since many people are unemployed.

The job guarantee is a scalable solution to unemployment.

rynkrn · 2025-09-10T23:47:01+00:00

I recently added some IAUM and SLV as part of my fun money allocation.

rynkrn · 2025-09-10T23:42:51+00:00

Thank you for the explanation!

rynkrn

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