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The Superbar / Re: US Economy thread
« Last post by MU1in77 on May 22, 2024, 04:27:11 PM »This is insanely out of touch.
[/quote]
How so?
New 2024 Committment According to Ben Steele: Joshua Clark by TAMU, Knower of Ball
[Today at 12:12:48 AM] [Paint Touches] What does the potential NCAA settlement mean for MU? by TAMU, Knower of Ball [May 22, 2024, 09:36:22 PM] NM by mu_hilltopper [May 22, 2024, 07:26:16 PM] [New to PT] Big East Roster Tracker by rocky_warrior [May 22, 2024, 06:25:06 PM] Recruiting as of 5/15/24 by BCHoopster [May 22, 2024, 06:19:00 PM] So....What are we ranked on Monday - 11/1/2024? by tower912 [May 22, 2024, 01:36:06 PM] |
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The Superbar / Re: US Economy thread« Last post by MU1in77 on May 22, 2024, 04:27:11 PM »This is insanely out of touch. [/quote] How so? 92
The Superbar / Re: US Economy thread« Last post by rocky_warrior on May 22, 2024, 04:23:17 PM »Paper money. I'm happy they are up significantly, and someday that may play into my nest egg (although also come with a huge tax liability, since I've also been depreciating). But the real $ is the rental income. Vs. purchase price they're currently providing about 12-15% return annually, and (my) rents have never gone down (though I actually do try to keep them fair...)
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Hangin' at the Al / Re: Recruiting as of 5/15/24« Last post by MuMark on May 22, 2024, 04:19:09 PM »The reality is that each year so far at MU Shaka has gone after some higher profile, highly rated, and sometimes even five-star players, not able to land them, and quickly and quietly moved on to someone else (aka Plan B). That doesn't make Shaka a bad coach or recruiter--but it also means he doesn't have some unicorn recruiting strategy of zeroing in on unknown players early in the recruit cycle--he's following the same pattern as just about every D1 coach. No it’s more likely that Shaka pulled Hill’s offer when Parham committed because he viewed them as similar players. As far as Sanon……MU got in early and was one of his favorites but somewhere along the lines things changed……could have been on Sanon’s end ……or MU’s end or maybe both……….no matter what the rating coaches are always evaluating where a guy fits going forward…….i’m sure recruits do the same with the school’s recruiting them……..don’t assume that just because a guy is highly rated that a coach won’t cool,on them for reasons that might have nothing to do with talent………… As far as Kon…..MU wanted him and went all out…….were in it to the end …..and missed……..it happens. 94
The Superbar / Re: US Economy thread« Last post by dgies9156 on May 22, 2024, 04:15:32 PM »This is insanely out of touch. People who live in glass houses shouldn't throw stones! 95
The Superbar / Re: Investing Thread« Last post by rocky_warrior on May 22, 2024, 04:13:34 PM »Of course Nvidia beat (but I've only got them in index funds).
But, wanted to link a couple calculators that I like to play with, inspired by Goose's question in the economy thread. The first will give you a S&P (historical) rate of return over a set # of years. And then you can use that rate with the second calculator to approximate how much you missed out by not just dumping extra $ into a S&P fund over the years. lol https://ofdollarsanddata.com/sp500-calculator/ https://www.investor.gov/financial-tools-calculators/calculators/compound-interest-calculator 96
Hangin' at the Al / Re: [New to PT] Big East Roster Tracker« Last post by The Equalizer on May 22, 2024, 04:11:39 PM »From what I've seen. His fans are generally done with him. Which likely means the boosters are done with him. Which likely means they won't offer the NIL $$ that they did last year. He still has fans? 97
The Superbar / Re: US Economy thread« Last post by The Hippie Satan of Hyperbole on May 22, 2024, 04:11:38 PM »I agree that education is way out of control. I have voiced my concerns repeatedly to Marquette's leaders (since they are, after all, my alma mater). Falls on deaf ears. Because Marquette is in a position where it has to remain economically viable. This is a much broader question, with much more complex solutions, than Marquette simply lowering its tuition. 98
The Superbar / Re: US Economy thread« Last post by Goose on May 22, 2024, 04:10:47 PM »Rocky
Thanks for the reply. First off, great calls on the purchases. That said, a follow up question to your first reply. I am just picking random numbers, but if the first two houses purchased are both were $300k and had normal appreciation, say worth $450k today, it seems like your empire is now worth $900k more. I am confused on how your empire would not be different, minus the extra $900k Am I missing something? Again, I just grabbed numbers as a starting point. 99
The Superbar / Re: US Economy thread« Last post by Hards Alumni on May 22, 2024, 04:08:28 PM »Jesmu: This is insanely out of touch. 100
The Superbar / Re: US Economy thread« Last post by dgies9156 on May 22, 2024, 04:06:42 PM »Dgies, Jesmu: Enjoy your's too. But if you're the age I think you are, you never lived through double digit inflation AND 19 percent interest rates and had to figure out how to deal with it. You have no idea what I made in the late 1970s and early to mid-1980s. Ditto for my wife. Or what it costed then to make ends meet. I don't know what you make today either so comparisons are superfluous. But I would argue the challenges were not easy, then or now, for anyone. Permit me to be a boomer for a moment but one of the things that's different today, particularly in housing, is expectations. Millennials and Xers likely would scoff at what we bought for our first home. It was small, put together on the cheap and we loved it. Thought we were going to spend the rest of our life there. It was our's, no matter what the warts. To get it decently habitable, my now late Father-in-Law and late Mother-in-Law raced down from Dubuque to help us. They were incredible. I don't claim Househunters on HGTV is representative of the market at large, but what I see there is obscene. Everybody wants 3,000 square feet, four bedrooms and an office, granite, white kitchens... etc. We would have loved that too but we saved and bought what was available. Think about what goes into housing affordability for a moment. Building codes, land costs, the aforementioned market expectations, insurance costs and taxes. Yeup, even taxes! The market gives people what they want. I agree that education is way out of control. I have voiced my concerns repeatedly to Marquette's leaders (since they are, after all, my alma mater). Falls on deaf ears. |