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Comment Re:Saving? (Score 1) 90

I would argue if you ran the calculations on your rental houses versus investing in the S&P500, the S&P500 would surely win by a significant margin.

Again, no. The houses started out highly leveraged: not quite as much as my residence, but still very highly leveraged. It's possible that caching out a couple of years ago might have produced higher returns, but there is a lot of tax to pay when I cash out. I bought one house, then, after it had appreciated in value, I re-mortgaged it, taking some cash out and used that as a deposit on the second house.

Comment Re:Saving? (Score 1) 90

That said, even with massive bay area home value appreciation (400-500% since 2001); it still doesn't beat investing the money.

I started with about $20k, not $100k. That was possible back in 2002. For most of the life of the mortgage, the after-tax cost of the mortgage, taxes and maintenance was similar or less than than the cost of rent would have been. Renting would not have provided a stream of funds to invest, over and above buying.

I have also turned a similar starting investment into significant asset value through buying a couple of houses to rent.

There is no way that I could have built up the same wealth without buying my house back in 2002.

Comment Re:Saving? (Score 1) 90

I disagree with this advice. I still choose to work, but I have financial independence, which came from stretching my finances to buy a house in the SF Bay Area some 25 years ago.

The key changes that prompted me to buy a house was getting a green card, and a temporary dip in house prices from 9/11. I recognized the risk, but it paid off handsomely for me.

Comment Re:Cops were actually well behaved, shockingly. (Score 1) 132

I just watched the bodycam footage from this, and to my surprise these cops were very well behaved. They never cuffed the guy, or in any way escalated the situation. They figured out very quickly it was a mistake and let him on his way.

Well, of course. It was a white couple driving an expensive car.

But, on the other hand, they failed to check that the license plate matched the plate they were looking for. The stolen plate was reported as either "34 DTM" or "34 03 DTM" (the article isn't too clear on this point: the report to Flock was "34 DTM", but it's not clear if the original police report was for that plate or "34 03 DTM"). In any case, these plates did not match the plates of the car that the author was driving.

One would think that checking the plate would be the first thing the police would do before apprehending someone, but apparently not.

So, well behaved, but incompetent. I am not sure that such incompetence qualifies as well-behaved.

Comment Re:Don't use a Microsoft account (Score 1) 77

If you are OK with Microsoft backing up this information without your explicit permission, then fine, use a Microsoft account. I just pointed out how to avoid this backup (although you will be nagged to set up backups).

I assume that this backup will also include the GUID that was discussed a day or two ago, so even re-installing Windows won't eliminate this tracking.

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