Recent content by Liar Loan

Oh man... You are just as insecure about the survival of EV's as you are about Irvine home prices.

I don't know how they are calculating cost, but the tuition at CSU Fullerton is $7k, so the total 4-year cost should be $30k, which means the ROI is actually higher than Berkeley in percentage terms.

The Bragg case is not going well at all. One key thing that was revealed yesterday is that the Trump Org accounting system, like many accounting systems, utilizes drop down boxes for placing expenses into categories. There are only so many expense categories to choose from in the system, and...

This is your tactic every time you lose an argument. Attack the person. Ad hominem.

If you still want to fund your daughter's Roth IRA, a potential work around is the new rule that allows unused 529 funds to be rolled over to a Roth IRA when they are older. One of the items on my to-do list is to study the optimal strategy for taking advantage of this, or if it would even be...

Directly at the pump is not a subsidy, by definition. But speaking of the pump, EV millionaires are also subsidized by the exemption from paying for our roads through the gas tax, even though EV's destroy roads much more quickly due to their added weight.

Income isn't what makes one wealthy though is it? Assets are the measure of wealth and many people earning $300k have a 7-figure net worth. Sooo.... Why should working class tax payers subsidize millionaires that want a new toy?

The income limit is $300k which is 4x the median US household income. Therefore, working class folks are forced to subsidize the wealthy buyers of EV's, which in turn really just subsidizes the car makers themselves. Elon Musk is ranked 2nd or 3rd wealthiest person in the world in large part...

I've never subsidized gas cars for wealthy people to the tune of $7k per vehicle.

Clearly we need more government handouts!

The business economics degree sounds heavier on economics than on business, and looks like it leans more theoretical than practical. I would rather have my kids receive a traditional business education somewhere else. With this major, you also need to factor in the additional cost of a...

Nice call IHO! Irvine-based electric vehicle company Rivian slashing jobs for second time this year The electric vehicle company will announce about 150 job cuts, citing high interest rates and lower demand. https://abc7.com/rivian-jobs-irvine-careers-electric-vehicle/14761190/

Another correct prediction... ---------------------------------------- The Worst Bond Bear Market Ever Marches On Zero coupon bonds, which are essentially long-duration bonds on steroids, are still down almost 60%. Long-term Treasuries are still down more than 40%. Even 7-10 year Treasuries are...

Ruh roh Shaggy.... higher rates lead to higher inventory. Home sellers are returning to the market In addition to a higher number of new listings, more new contracts were started this week than at any time in 2023 Unsold inventory now is almost 32% higher than at this time last year — and...

I think most Asian parents use Kumon to get their kids ahead in math, while white parents use it for remedial learning. I'm a white parent that uses it for remedial learning for my son. He had severe ADHD starting in Kindergarten that got a lot a better in the middle of third grade, but he...