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Comment Re:What does "rare" mean here, and other issues (Score 3, Informative) 140

I have a book that is one of 1000 ever printed. It has both ISBN 10 and ISBN 13 numbers.

It was a vanity project (a coffee table book) by the CEO of a public company - it was published under the banner of the company he ran, despite having absolutely no connection to the business of that company. Nevertheless, it's a historic record.

I doubt there are many of these books left.

Comment Re:Social engineering. (Score 1) 92

The people behind Cambridge Analytica didn't go away. They just let one company fold and moved on. How many other entities are involved in the same manipulation via social media?

I suspect that the same people who are bankrolling Nigel Farage and others created the social media storm that caused the mass storming of Ceuta.

Comment Re:Saving? (Score 1) 91

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) 91

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) 91

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.

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