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Dbeasy

Certifiably Surly
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Everything posted by Dbeasy

  1. I’ve mentioned this several times before: 1. Texas, and Austin, have much more new build land available than many other locations, especially California. This keeps prices from extreme increases, usually. 2. But Dbeasy, Austin shot up during Covid. Yes, and this was an anomaly. While the Austin real estate market is generally healthy, there was a feeding frenzy due to big money coming in and buying up housing. Opendoor, Blackrock, etc. And, work from home led to a surge in Austin from people coming from high real estate priced markets. Both of those things have run their course. In addition, the extreme politics of the state is definitely affecting migration here. Prices went way too high too fast, and they’ve been correcting since. 3. Tech is one of the main employment and housing drivers in Austin. Austin has always been a secondary location for most tech companies with significant employment. When the economy falters, like now, Austin gets cut harder and faster than core locations. Dallas does too, but they are starting to get more self sufficient. Long term the Austin market is fine. But it’s impossible to forecast the near term because Austin has not dealt with a serious recession since 2008, and even then Texas didn’t not get hit hard in real estate during that crash.
  2. Wow, a state of Texas raised A&M basketball coach leaves for a basketball school that just had their coach quit because it’s an NIL mess there and a completely uncompetitive program. Buzz telling us he wanted out bad without telling us he wanted out bad.
  3. Where do you think you can get 4% tax free municipals without significant risk?
  4. There are 2 other issues with rolling 401k’s to Ira’s. First, it makes Backdoor Roth conversions (non-deductable Ira contributions that are then converted to Roth) non-viable, because of how the taxation is calculated. Second, Ira’s have less creditor protection than 401ks, which is stupid. For me neither of these issues was enough to not do it. I wanted the lower fees, better investment options, and higher control of having funds in the Ira instead of the 401k. Plus, I was with several companies so I had many 401k’s.
  5. Wait, I thought you were black.
  6. Many years ago I had to set up a 401k for my company. I was stunned at the level of fees charged. Companies pay some, all, or none of those fees depending on the company. And these fees are very hidden from the employee. It’s hard to find them. As a result, over the years whenever I left a company I’d roll my 401k to a rollover IRA at a low cost broker, like Vanguard or Fidelity or Schwab. There is one IRS approved feature you lose by not having funds in a 401k vs a rollover IRA, but I can’t recall what it was or whether it’s important. I don’t think it was. Maybe someone on here knows. Once you’re in a rollover IRA at Fidelity, you can invest in anything with much lower fees.
  7. I was always partial to the best Spanish player Texas ever signed, Sergio Kindle.
  8. Man this thread over the last few days has been funny as hell.
  9. Is he really good? Because I was reading Texags and RC didn’t even offer!
  10. Which will somehow include all of our mutual funds and ETFs, because it will immediately shoot into the S&P 500, just like Tesla and other overvalued crap heeps.
  11. So I’m trying to figure out who gets fucked in twitter getting sold to Elon’s company. I guess the original investors and lenders that bought Twitter have their positions rolled over into this bigger entity. Given that, whoever is investing in his AI company just bought an inflated asset. But given that the ai company is also an inflated asset, it doesn’t really matter. So, in summary
  12. Fuck Craig James. What a tool.
  13. While Helobious was making his typical ass of himself, the rest of us forgot to notice one of the most expertly placed humble brags on Surly ever. Well done.
  14. I hope you read this post. My BIL had a rare sarcoma cancer in his leg many years ago. Big bump. All of the Doctors he visited in Austin said amputation was probably necessary. He finally went to Mayo in MN and they not only saved his leg, they suggested a completely different protocol for treatment as well. He wore a backpack delivering chemo for almost a full year. It was insane. But he kept his leg and has been cancer free for a long time. I can’t remember if he got a consult at MDA or why he didn’t get treated there. I will ask him.
  15. While Satya will always be Satya, it is interesting how these days it seems like it’s more difficult to get a handle on whether your team will have good talent or not on the field in the fall. Between the portal and players playing earlier in their college careers, there’s more uncertainty about the quality of players coming in or sitting on the bench. I looked at the offensive and defensive depth charts and there are quite a few question marks that should be very good, or great, but need to see it on the field to be sure.
  16. I have to get from Heathrow to Kings Cross station. I assume I can just get the tickets when I land? Any issues or confusing thing to worry about? I only have a two hour window to catch a train at Kings Cross to Edinburgh.
  17. Krivacs is the first UT basketball player that I saw live who I immediately began rooting for. His shot was deadly.
  18. The pros from the alcoholics thread should be leading this whole discussion.
  19. Maybe Trump will select him as his running mate for his third term.
  20. Nevermind. Saw link above.
  21. Interesting thing I noticed while at a port city last week. A large strange looking boat was pulling out of port. There were government workers of all types watching it leave. It was clear that it was highly unusual for it to have been in this port and its leaving was also an unusual event. When I did some research on it, I realized it is a Navy ship that lays underwater fuel cables in advance of combat operations. It is a very shady ship. So shit is about to happen in a significant way. This went out into the Pacific, not the Atlantic. It was really weird.
  22. Hey if it all burns down…🤷
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