eric

315 posts

eric

eric

@eric20190069

가입일 Şubat 2014
7 팔로잉9 팔로워
eric
eric@eric20190069·
@ewarren These idiots think billionaires wealth is all liquid sitting in some giant money bin.
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Elizabeth Warren
Elizabeth Warren@ewarren·
A wealth tax on the top .15% of the richest families would generate $6.2 trillion in revenue. That could pay for: Universal childcare Millions of new homes Slashing child poverty Medicare for people aged 55+ Universal paid family leave Tuition-free community college And more.
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eric
eric@eric20190069·
@TheCousinSal I'll be happy if I'm on the right side of the dirt at 86. I dubbed drives worse than that when I was in my 20's.
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Cousin Sal
Cousin Sal@TheCousinSal·
This tee shot sucked. Why is everyone applauding?
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eric@eric20190069·
@indexnforgetit We still have our 1980's kitchen in the house we bought in 2001. I've replaced the closers on some of the cabinets and that's about it. Fancy kitchens don't make cooking taste any different. Oh, I own my house and I'm a liquid millionaire also!
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eric
eric@eric20190069·
@MaxLonged @UziCryptoo Everything I buy goes on my 2% cash back card. I'm 50 years old and I've never paid CC interest once in my life. I'd be throwing free money away using a debit card and if your card gets skimmed wouldn't you rather they steal the CC company's money and not drain your bank acct?
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Max Long 🚀
Max Long 🚀@MaxLonged·
@UziCryptoo Agree and do this myself but the question is how many people actually pay off their card before the interest chews up the flight savings.
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Uzi
Uzi@UziCryptoo·
CALLER: I put all my business expenses on an Amex card. I collect points and fly business class for free twice a year. The flights would cost me $8,000. DAVE RAMSEY: Cut the card. Points are a trap to make you spend more! CALLER: I spend the same amount either way. I just get $8,000 in flights free. DAVE RAMSEY: Use a debit card and a budget! CALLER: So give up $8,000 in free flights? DAVE RAMSEY: That’s not how you get rich! In reality, if your spending doesn’t change, travel rewards are free money. Full stop. Every dollar matters.
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eric
eric@eric20190069·
@JanMoyer5 @CpHamster @skumWgmi My grandma was born in 1926. I remember her saying that she knew the depression was finally over when she saw a rabbit that people weren't trying to kill for food. Her dad lost their farm over $50. Young people today don't have a clue (nor do I for that matter, and I'm 50)
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Jan Moyer
Jan Moyer@JanMoyer5·
If your Grandma or Grandpa are still alive, and over 85 years of age? Ask either to sit and talk to you about their childhood and teen years. Their young married years, What is your phone or cable bill? You make 71,000, do you contribute to a company IRA? What do you drive? How often do you eat out? Ask your parent and ask the grands the same questions. Or as the movie line ( shawshank Redemption ) "Get busy living or get busy dying." There isn't a better country to be living in now, and you are living some of the best years of your life. Get on with it. Or don't. Whining doesn't become any of us.........and most of us have no clue what "hard" really is. As the movie line ( Shawshank Redemption ) "Get busy living or get busy dying."
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skum🧊
skum🧊@skumWgmi·
My boomer dad retired at 62. Full pension. Paid off house. Medicare at 65. Social security at 67. Told me at Thanksgiving, I just need to be more disciplined with my money, I make $71,000. Rent is $1,900. I have $4,000 in savings. I didn't say anything. I passed the rolls. But here's what i wanted to say: Your pension was defunded by lobbyists your generation elected. Your social security is solvent because mine is still paying in. Your houseis worth $800,000 because mine costs $600,000. You didn't build differently. You just got there first.
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eric
eric@eric20190069·
@CpHamster @skumWgmi I'm 50 not 60. Wife and I spent 4 years in a shitty leaky mobile home until we had 20% to put down on our house. House paid off in 12 years, $ discipline. Young people today want to step out of their parent's house and into the same standard of living that their parents have.
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CorporateHamster
CorporateHamster@CpHamster·
@skumWgmi So true. People in their 60's don't understand what were going through. They assume all the world still works the same and it just doesn't.
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eric@eric20190069·
@pepemoonboy We bought our house 24 years ago and paid it off in 12 years. I promise you there has never been a single moment over the past 12 years that I wish I had rented. Since dad taught me stuff when I was young I'm able to do most maintenance myself. I pay property tax and insurance
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Pepe Invests
Pepe Invests@pepemoonboy·
I ran the numbers on renting and investing the difference vs. buying a home... The results are shocking. The setup: - Median U.S. home sale price: $398,000 (NAR, 2026) - Average U.S. rent: $2,000/mo (Zillow, 2026) - Mortgage rate: 6.51% (30yr fixed, 10% down) All in monthly cost of owning that home: - P&I: $2,266 - Property tax: $332 - Insurance: $215 - Maintenance: $332 - PMI: $149 - Total: $3,294/mo Renting cost: - Rent: $2,000 - Renters insurance: $14 - Total: $2,014/mo The renter saves $1,280/mo. Plus the $51,740 in down payment and closing costs never leaves their pocket. All of it goes into $VOO. Using the long term S&P 500 avg return of 10% and home appreciation of 3.4%/yr (the avg since 1891): After 10 years: - Renter portfolio: $334K - Home equity (net of selling costs): $219K - Renter wins by $115K After 20 years: - Renter portfolio: $927K - Home equity: $531K - Renter wins by $397K After 30 years: - Renter portfolio: $2.41M - Home equity: $1.02M - Renter wins by $1.39M Even if you give the home 5% annual appreciation, the renter still wins at every single checkpoint. At $VOO's actual historical return of 13.99%, the renter's portfolio hits $6.38M after 30 years. The home equity is still $1.02M. The part nobody talks about: after 30 years your rent is $5,614/mo. Sounds scary. But your portfolio is generating $20K+/mo at a 10% return. You could pay that rent 3x over and never touch the principal. A home is a place to live. $VOO and the stock market is a wealth building machine. Not financial advice. There are lots of variables I may be missing. Run your own numbers.
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eric
eric@eric20190069·
@UziCryptoo I also use a 2% cash back card for everything I purchase. I'm 50 years old and I've never paid credit card interest even one time. Using your debit card is stupid. If your card gets skimmed they are stealing your money instead of the credit card company's money.
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Uzi
Uzi@UziCryptoo·
CALLER: I put $3,000 worth of monthly expenses on my credit card and pay off in full. I get 2% cash back, so that's $60 back every month. DAVE RAMSEY: Get rid of the card. You're telling me that you spend $3,000 on a high interest credit card, just to get $60? That's not how you get rich! CALLER: I don't pay interest, I pay it off every month and get $60. DAVE RAMSEY: Get rid the card, use debit cards ONLY! CALLER: So give up the $60 I get back monthly? DAVE RAMSEY: That's not how you get rich! In reality, if you are resposible, USE credit cards. It's not just cash back. It's also liability protection. Every dollar matters.
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eric@eric20190069·
@NWSDesMoines I've lived in Iowa for all of my 50 years. Is it my imagination or has it gotten windier here over the last 10 years or so? Seems like most days the 7 day forecast says "breezy" or "windy" We had so many wind advisories and high wind warnings last winter.
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NWS Des Moines
NWS Des Moines@NWSDesMoines·
Here’s your Easter weekend forecast! Saturday will be cool and windy, with winds picking up in the afternoon and evening. Northern Iowa may see scattered rain or snow showers in the afternoon. Sunday will be slightly warmer and mostly sunny. #IAwx
NWS Des Moines tweet media
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eric@eric20190069·
@BigJoeBastardi I'm 50 years old. This clown told my generation when we were in high school that our grandchildren would not see snow. I've got several classmates who are grandparents now and we still see plenty of snow here in Iowa.
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eric
eric@eric20190069·
@BTCBreadMan The McDonalds drive through is full of fatties when I an driving home from work at 3pm. That's not a mealtime those are snacks. She probably does something like this every day.
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Breadman
Breadman@BTCBreadMan·
My best friend is 36 years old. His wife is pretty, but she’s big. Like, really big. He’s being patient with her because she’s dieting and exercising, but she’s only lost a couple lbs in 6 months despite being in a “calorie deficit”. How do I explain to him that it’s impossible to stay fat on a calorie deficit, and that she’s obviously lying to him?
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eric@eric20190069·
@flugelfan101 @nickimoraa My wife and I are 50 with no kids. Been together for 30 years. We didn't have kids for the simple reason that we didn't want them. At 50 we feel the same way. Different strokes for different folks.
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Flugelfan
Flugelfan@flugelfan101·
@nickimoraa We'll return to see your opinion on your 40th birthday.
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Nicki 🫧🪷
Nicki 🫧🪷@nickimoraa·
Childfree women…what’s the silliest reason you have for not wanting kids. I’m not talking about world problems or financial reasons (because duh) but the ones that others would find dumb. I’ll go first: spending my weekends watching kids sports would be a special form of torture to me 🤣
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eric
eric@eric20190069·
@CarderScot15979 @TheMattViera Wife and I aren't retired yet but in a typical year we spend about 40K (that's for 2 people not one and includes 2 vacations each winter to all inclusive resorts each winter) We own our house and are debt free.
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Matt | The Mini-Retirement Maximalist
Using the 4% rule, a $1M portfolio yields $40k annually My living expenses are only ~$25k per year Considering I can travel for 2 months for ~$5k With $1M, I can not only pay my expenses but travel for up to 6 months each year Yeah... I can retire comfortably with $1M
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eric@eric20190069·
@UziCryptoo And if grandma had any assets those will all be seized to pay debt as the estate goes through probate.
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Uzi@UziCryptoo·
Why did no one tell me a car loan just dies with you? My friend’s grandma died with $45K left on her car loan. He called them and said, ‘She’s dead. She can’t pay.’ They just said, ‘Okay.’ And that was it.
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eric@eric20190069·
@drjenirwin I had the latest version of the Covid sniffles in Feb. If my two choices are to wear a muzzle everywhere I go all of the time or catch the Covid sniffles once per year I'll take the Covid any day. Fuck your masks, those of us who are sane do not share your irrational fears.
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eric
eric@eric20190069·
@UziCryptoo You don’t own your home, the bank does until you pay off the note.
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Uzi
Uzi@UziCryptoo·
We’ve owned our home for almost 3 years. We’ve paid $58,500 in mortgage payments and yet our loan balance has only gone down by $14,600. This means the other $43,900 went to interest, taxes, and insurance. Lesson: Owning a home costs WAY more than just the purchase price.
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eric@eric20190069·
@Layemie001 My deck was bigger than that and I demolished it way quicker with a chainsaw!!
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LMD (Arc.)
LMD (Arc.)@Layemie001·
How to rebuild a rotten deck!
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eric@eric20190069·
@allenanalysis The reason is that older folks are the only ones who still believe the lies being peddled by the mainstream media.
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Brian Allen
Brian Allen@allenanalysis·
Seniors came out for No Kings Day. Retirement communities showed up. 8 million Americans across 3,300 rallies in all 50 states — including the people who have lived long enough to recognize what they’re looking at. These are not first-time activists. These are people who remember Vietnam. Watergate. Iran-Contra. The Iraq War. People who have watched presidents come and go for 60, 70, 80 years. And they got out of their chairs.
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eric@eric20190069·
@getsharkproof @theficouple We bought our house 24 years ago. We worked hard and paid it off in 12 years. I can promise you after living the last 12 years with no housing payment other than property taxes twice per year I don't wish we'd rented instead. I can do most repair/upgrades myself.
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theficouple
theficouple@theficouple·
Just did the math: Our highest paying tenant pays is $1,600/mo or $19,200/yr They've rented a beautiful 3 bed, 1 bath apartment for the last 6 years. Thats ~$115,000. Gone. No ownership. No asset. Just paying to live somewhere & paying off our debt.
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eric@eric20190069·
@JapanFruitPuree @chrisvanderveen People forget how this scamdemic was sold to us in the beginning. They told us that hospitals were going to have bodies stacked up like cordwood. Funeral homes would not be able to keep up so mass graves would be necessary. None of that ever happened.
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eric
eric@eric20190069·
@JapanFruitPuree @chrisvanderveen My wife is a 25 year RN in a large hospital. She got furloughed for 6 weeks because they stopped doing elective surgeries. Pretty sure if her hospital was overwhelmed they would have used any available RN. According to her the media was lying, I believe my wife.
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Chris Vanderveen (yep…me)
Chris Vanderveen (yep…me)@chrisvanderveen·
Every single lung doc I spoke to during the pandemic said they’d never seen anything like COVID. I always felt like privacy laws, while good, prevented many hospitals from talking openly about the chaos within their walls. It was awful. We should never forget what happened
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