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Comment: Re:The Real Breakthrough - non auto-maker Maps (Score 1) 182

by AK Marc (#46775033) Attached to: How Apple's CarPlay Could Shore Up the Car Stereo Industry

Car manufacturers don't mind giving up control over things like the entertainment system provided it works better than what they can do.

A number don't like it, especially dealers. The base unit is a $50 piece of junk, the $500 option cost them $100, and the $5000 option cost them under $1000. $4000 extra profit per car is a nice thing.

Comment: Re:Of 1000? (Score 1) 388

by AK Marc (#46775005) Attached to: Survey: 56 Percent of US Developers Expect To Become Millionaires
A touring golf pro making $1,000,000 a year is scraping by. Paying 20-50% of that to fees and support staff, 25% on travel, and much of the remainder on training, they take home almost nothing. Same with some of the entertainers. I find it funny that so many people measure "wealth" by income. They are related, but certainly not the same thing. Wealth is power. Income provides an opportunity to generate and store wealth, but certainly isn't a guarantee. See Bobby Brown and Willie Nelson, and so many others. Made more in a year than most do in a life, and still went bankrupt. You have to store it and invest it to be wealthy. But the 1% is usually measured in income. But the wealth divide is much greater, and the core problem. But taxing wealth will never work. It's only ever tried with real estate, and even there is problematic.

Comment: Re:Of 1000? (Score 1) 388

by AK Marc (#46774919) Attached to: Survey: 56 Percent of US Developers Expect To Become Millionaires
What, are you a goldbug? "hard assets" include real estate. The only thing with actual value everywhere, and everywhere in history. Beats gold most of the time, and, so long as there's any government at all, won't ever be worthless. Stocks are also "hard assets" as much (or more) than people who buy gold in a remote vault. For all you know, they sold the same bar 10 times. And keeping it under your matress isn't very secure.

Comment: Re:Of 1000? (Score 1) 388

by AK Marc (#46772873) Attached to: Survey: 56 Percent of US Developers Expect To Become Millionaires
I'd want $5,000,000. I have 15-20 years until retirement. I'm on track. Are you?

I'd re-define "millionaire" (as in the rich with no money cares rich) to be people with unearned income greater than a million a year. That's the level of comfort people think of for millionaire. The millionaire next door type (I know quite a few) don't live that well. A tiny 2-bedroom house, raising one child, one new car every 10-20 years. Saving most of their disposable income. Having just enough so that when their health fails, they can go into a nice home, rather than the worst ones (and there's quite a difference). Maybe leaving a little for their child. Of course, the one I'm thinking of managed to put their child through medical school, paying her whole way, so she got her inheritance early. Each generation better off than the one before. Not like my father who left us nothing. Well, piles of bills that will never be paid. But my plans never counted on that anyway.

Comment: Re:Holy shit (Score 0) 388

by AK Marc (#46772751) Attached to: Survey: 56 Percent of US Developers Expect To Become Millionaires
Not all issues are negative. Relatives die, leaving you things and such. I've had a similar plan, and am still on track to retire at 55 with $5,000,000+ in net worth. 15 years into the plan, and still nothing that set it off track. That includes a few layoffs, some major medical issues, no accidents.

It's simple. It just takes a plan, and some self control. Why aren't you a millionaire?

Comment: Re:Great start (Score 1) 109

by AK Marc (#46772615) Attached to: Inside the Stolen Smartphone Black Market In London
No. Texas was recognized as an independent country for 10 years before it joined the US. Even Mexico recognized it, I think (not to clear on the details, they become moot after a 100+ years and other treaties recognizing the independence). So the US had no direct dealings or conflict with Mexico with regards to Texas.

Comment: Re:BS (Score 1) 335

by AK Marc (#46764433) Attached to: San Francisco's Housing Crisis Explained
So if you bought a house for $500,000 10 years ago, and it's now worth $5,000,000, the taxes will be no more than (0.02 * 500,000 * 1.20) = $12,000, but if you sell your $5,000,000 place to buy another $5,000,000 place, your tax will be no more than 0.02 * 5,000,000 = $100,000. The massive financial disincentive to selling also helps inflate prices, making the problem worse.

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