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Business, Economics, and Taxes: Capitalism. Yay? >=(

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Our Phoenix house rented again, so for the second year we only carried 2 mortgages for one month.

This tenant is renting for a year while their home is remodeled. (?!) W T F? A whole year?
 
Kepler said:
Our Phoenix house rented again, so for the second year we only carried 2 mortgages for one month.

This tenant is renting for a year while their home is remodeled. (?!) W T F? A whole year?
Click to expand...

If I had to guess, the amount of work to remodel an entire house (for a down to the studs kind of remodel) probably takes more time than it would for new construction. Because you have to do two things: 1 update for code, 2, work around all of the dumb shit the previous builder and owner did. Plus the time for demo.

You're also almost certainly doing custom design with higher quality materials and fixtures instead of builder quality (which can vary).
 
It took 6 months to redo our master bathroom (down to the studs and moved plumbing around), paint our kitchen, and put recessed lighting in our bedrooms, so yeah, I can believe a year for a full renovation.

HGTV has ruined all perspectives on the reality of renovation.
 
Kepler said:
Our Phoenix house rented again, so for the second year we only carried 2 mortgages for one month.

This tenant is renting for a year while their home is remodeled. (?!) W T F? A whole year?
Click to expand...

Makes sense. The basement in our old house took 4 months, and that was without any complications and was essentially new construction since it was unfinished. Our neighbors to our current house have basically has constant construction renovating their house and each project takes months. Kitchen alone took like 6, I think.
 
Meanwhile in Flyover, 1500 more red staters about to go on the dole.

Lafley, the mayor, voiced frustration with Somali residents, saying they generally keep to themselves and have failed to assimilate, unlike the Hispanics.

The refugees "want to practice their Sharia law here, and that's one thing the city won't tolerate," he said. Sharia law refers to the set of principles that direct the moral and religious lives of Muslims.
Asked to explain his views, Lafley said men in the community don't treat women well.

...

Several years ago, tires were slashed on more than a dozen of Somalis' cars, KBIA-FM reported. More recently, three individuals are facing charges after a Somali woman said they yelled at her and used racial slurs.

Lafley said the town doesn't have enough housing for the newcomers. So Somali residents live in commercial buildings or with numerous unrelated individuals in a single home, both in violation of city ordinance.

"A lot of people aren't happy because their little town is turned into a third-world country," he said.
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Nice place. I feel bad for the Somalis, while also LOLing at the hypocrisy of this d0uchenozzle pretending to be concerned about women in a county that votes deep red.
 
Interestingly enough, this is second time in a week I’ve heard people talking about Somalis and their level of integration. The context I heard it in was actually from a genuine lefty who has been dealing with a large population of Somali in their line of work and expressing disgust at the level of preferential treatment that male children get over female children

the words sharia law were not uttered however
 
To be sure, there are plenty of issues with misogyny in Islam. But something tells me the mayor isn't so concerned about their treatment of women, as he is that they won't act whiter and convert to the Zombie Jesus cult.
 
When I get my severance check- where should I put it? 4 week treasury bonds? That’s in case it needed to be accessed within a month I guess. Guessing I could take some of it and keep it somewhere longer with a higher rate?
 
I still think getting rid of corporate taxes entirely is the way to go and ramp up the income tax brackets. Multiply the amplitude and the ramp rate.
 
Deutsche Gopher Fan said:
When I get my severance check- where should I put it? 4 week treasury bonds? That’s in case it needed to be accessed within a month I guess. Guessing I could take some of it and keep it somewhere longer with a higher rate?
Click to expand...

This is not financial advice, because Im an idiot with money. So probably do the opposite of this. But I'd keep in cash what you think you might burn through in a few months for living expenses, and then short term invest the rest? Once you find a new gig, then decide what to do longer term?


Wait, that's exactly what you said isn't it.


:)
 
Short term is about preserving principle. Frankly, I'm with swan, you got it exactly right DGF

stick with tbills and other short term guaranteed securities.
 
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