My argument is not that Person A cannot save over the next 30 years. My argument is that both of them could save; it’s not like Person A has a massive advantage over B in terms of saving, so I didn’t bother bringing that into the argument.

> this idea that home ownership guarantees financial suffocation has always been…

Sorry I can’t quote parts very well, the formatting “Aa” icon does nothing for me :(.

The past 5 years included the global pandemic, where everyone was stuck at home, was looking to get a better house, and saw interest under 3% for a bit. No one knows the future, but many are seeing their home prices decline in the…

Savage, but true.

Oops, my example forgot to include taxes, fees, and insurance for Person A. They’d be paying more than $3300/mo, not $2661/mo. Person B’s rent would probably be increased by another few hundred dollars as a result.

> There are many, many good reasons to buy a house—for shelter; for a place to take prom photos and host holiday dinners; as an asset you can use as collateral—but an investment shouldn’t be one of them.

If you invest the down payment that would have gone towards a house instead, after 30 years it would grow to almost 8x (assuming 7% yearly growth from a total market index fund with not additional contributions). And the peace of mind of never having to deal with any major housing expenses (like replacing a roof,…

I agree that your primary residence shouldn’t be an investment. It’s an emotional decision, and that’s ok. If it were an investment, you’d have boundaries around when you’d sell (both on the high side to lock in returns, and low side to stop the bleeding), but most people don’t actually do that.

Personal finance is personal, but there’s a pretty good crowd-sourced cheat sheet for those in the States: Google “reddit personal finance flow chart”, and that basically covers all you need to know.

We might be saying the same thing. I think it’s a dumb, hideous, overdone, extremely uncool vehicle, with a curiously distinctive name about hard working cutlery. They worked so hard and probably did a lot of focus groups, it would be a shame not to keep calling it the “busy forks”.

I love the wording of titles like these. When I read “Driver Assist Tech Could Prevent 27 Million Crashes By 2050” (emphasis mine), my mind immediately follows that up with “or it could add 27 million more”.

It’s honestly not that hard of a name to remember. The “busy forks”.

Yeah, the job is so safe, you can practically murder whoever you want and still have your job!

And a ThinkPad without a red nub is not a ThinkPad. Change my mind.

If you have to take a dump before we get to the rest stop, you’ve got to do it out the window.

I cannot imagine anything more embarrassing than driving that around as an adult.

Literally exactly what I was going to type. +1000

A+ title... (chef’s kiss emoji)

My dad lives for getting deals, but I’ve vowed to never look at the grocery, department store, or electronic store weekly flyers (and lately, that’s included ignoring lifehacker or verge “round up deals”). You’re not getting any deals when you’re buying things you wouldn’t have bought in the first place. Some people…

1. You can invest your money without having to take on a lot of risk, and investing should be a long term game. I saw my parents get super risky in the late 90s, and then have it all basically vanish in the dotcom bust, cashed out at the lowest point, and never get back in. The way I unlearned this was to finally read…

Gosh, sounds like a decent rule society should adopt.