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Joined 3 years ago
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Cake day: August 17th, 2023

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  • Thanks, now I think I understand that you’re saying once you get above 50 million, the amount isn’t meaningful.

    For me I can see where even $50 million would put limits on my spending. I would love to have a personal super yacht with well paid crew and be able to cruise wherever, whenever. I wouldn’t feel that $50M would be safe enough for that, whereas $1B would be. Not that I’ll ever have the opportunity to test that.

    Some projects would take more than $50M, such as buying enough politicians to make the country a better place. The problem is, most people who lean more altruistic with spending are likely not to accumulate large amounts of money. They are more likely to spend it before it accumulates, or to not accumulate it at all due to their choices.






  • I guess the odd thing is, if the orange portal can be moved, the pressure from the brick wall would be directed at the attachment point of the orange portal, otherwise why wouldn’t the orange portal keep moving, since it is not “touching” anything?

    If the blue portal was deep under water, the pressure would force the water out the orange portal.








  • Taxes and maintenance wouldn’t be included in the mortgage. A new roof is expensive, so are HVACs, floors, etc. These things will need to be replaced. A rule of thumb is to budget 1% to 4% of the total house value per year. For a 400k house that could be up to $16k extra per year, or $1333 more per month than your mortgage. Those costs for maintenance and taxes don’t go towards paying down your principal so they aren’t directly gaining equity. With the rent and invest option, the investing is the counter to equity. When you sell your house you usually pay a realtor commission. There are a lot of factors to include when seeing if rent & invest is better than mortgage & buy.

    That being said, I prefer to buy. I don’t plan on moving anytime soon.