Associated Capital Group Inc
My insurance went up 44% and my taxes and utility rates skyrocketed. The new roof I need went from 6k to 12k. Any maintenance or repairs I need, not to mention supplies are all to the moon. My duplex, of which I live in one side, is definitely going to increase in rent when my current tenants leave next month. Not 30% but a hefty increase to help cover costs. And I just had to have a new AC system installed on the other side, it cost over 7k, something that would have cost less before Covid.
Guess what even if you can't pay it off you loose your job the value of the home probably will have gone up, where you walk away with something rather than nothing, because you invested in the home. If I know what I know now. If I see a transferable warranty on windows and doors LOOK! .... ANYONE who installed a new AC and heating system or a new roof... All major positives and of people aren't willing to see that value....fuck em. Cause I'm in the situation where I'm fixing stuff that the previous owners neglected. Home still has value because of location but if people would have just been responsible owners. Cash is king, credit is awesome. Bad debt (which I'm learning) is just trash 🗑️.
We lucked out in every way imaginable. Bought a foreclosed house in 2015. 3k sq ft, 3 bed, 2 bath. USDA listed, so had to have all functional major appliances; Furnace, stove, dishwasher all new at time of offer. Appraisal came through, and the water heater had rusted out. Replaced for a minor increase in asking price, and a home warranty included. First summer, AC coils are bad. Replaced under warranty. 2017 I take out a loan to do siding and windows. 24k. Mid 2018, mortgage company calls asking if we're interested in a refi. I take them up on it. They roll the siding/windows loan into the new home loan. Appraise the house for a little over twice what we paid for it. New rate is almost half what we initially had. Reduced term to 15 years. House payment went up $18/mo. If we hadn't gotten so lucky, I can't imagine how rough we'd have it right now. We definitely wouldn't have added 2 more kids.
Two weeks ago I purchased AAPL AC DASH DIS GOOG NOW OXY SONY U XOM I invested in those two weeks ago. Approx $4500, since then my investments have gone down 3% Average in two weeks. Is this a normal operating range and noting to be concerned about. I understand the market changes. But is 3% after two weeks going to turn in 6% after 4 and 9% after 6 ect.
There are pros and cons with owning that you're glossing over. Sure, your monthly payment is static, but you're responsible for all upkeep. The ongoing maintenace on a house is not a small amount by any stretch. Just one problem can surpass what some pay in rent over the course of an entire year. Need a new roof? 10k. Need a new AC? 7k. Need new windows? $500 each. New door? 2.5k.
As an over the road (OTR) Owner Op (O/O) I can tell you I want one of these. Many of you may not understand, the laws that regulate us. Do first I expect Elon had a permit to be over weight, the max he can weigh is 80,000 gross and the weight has to be distributed according to varying state laws the most strict requires the hitch point (kingpin) to be no more than 41 feet from the center between to two trailer axels. With no more than 34,000 pounds on each the trailer and the drives. The steers can’t be over 12,000 pounds, there are always exceptions but I’ll keep it simple. So this test if it was 81,000 was a weight violation. We are also governed on how many hours a day we can drive, 70 hours in an 8 day week, no more than 11 hours a day. If we max our weekly befor the 8th day is over we have to stop, and do a reset, 34 hours off or wait for the end of our 8th day to get the hours we used on the 1st day of the cycle back. That’s called running on recaps. It’s the most balanced work/life cycle unless you have the ability to be home on weekends then you run 11 daily. For the 5/6 days. My point in explaining all this is, 500 miles is about 8.5 hours, at 70 mph. So the range is perfect for recaps. You can also gain 70% of the charge back on a quick 30 minute break which is required by law to be taken before the 8th hour once the break is logged, you get up to 3 hours additional time to drive not to excede 8 straight. So ideally the break is after the third hour but must be before the end of hour 8. So again, the 500 mile range should not be a factor. What should matter more the lack of infrastructure, every state funded rest stop needs to have plenty of charging and all the truck stops need to have EV parking to allow overnight charging to allow for charging and use of shore power, these trucks are like small motor homes and heat/air conditioning plus cooking, TV’s and gaming/computers for business use, all run when parked, currently to cook I need to idle my truck because my power system can’t fire up a grill or microwave. Other things that should be of concern is how much of a drain the heat and air conditioning use, when driving through the northeast or Death Valley, that could limit your range greatly trying to account for the required AC to go from cali to Vegas. I hope this helps some of you understand why EV scare some. I see the cost reduction of no more $400 oil changes every 3 months, no more $800-$1000 fuel bills, considering I get better than most of 8-9 mpg 1600-1800 miles per tank running it to E, I try to fill where it’s cheaper, and not below 1/8th of a tank (25 gallons). The other problem with EV is that the power to charge them has to come from somewhere, the increase demand on the power grid would be costly in California, Texas already proved they can’t take an increase, with the freezing temps they got last year. Unless we fire up all the nuclear plants we will never go 100% EV.
I am looking at long dated CC for Whitecap Resources (WCP; Canadian energy), I would like to sit on some cash so this is the rationale for the potential trade. I have 800 shares at AC of $9.12; Total cost: 7301.2. Given the SP is at 10.85, I have \~1378 of unrealized gains. Here it is: Call WCP 2025Jan17 10.00. Selling CC for 3.00. This would result in premium \~$2380.00, along with realized gain on the underlying of \~$700. Total realized gain \~$3080.5 or 42%, compared to current unrealized gain of \~18%. Is this a worthwhile trade given my intention, or am I missing something? Because I am selling ITM CC, it will get called right away, no? Thank you for your help!!
I have another (unrelated) question, if you don't mind giving some more of your time: I am looking at long dated CC for Whitecap Resources (WCP; Canadian energy), I would like to sit on some cash so this is the rationale for the potential trade given volatility of commodities. I have 800 shares at AC of $9.12; Total cost: 7301.2. Given the SP is at 10.85, I have 1378 of unrealized gains. However Here it is: Call WCP 2025Jan17 10.00. Selling CC for 3.00. This would result in premium \~$2380.00, along with realized gain on the underlying of \~$700. Total realized gain \~$3080.5 or 42%, compared to current unrealized gain of \~18%. Is this a worthwhile trade given my intention, or am I missing something? As it would appear too good to be true. Because I am selling a CC its, it will get called right away, no? Thank you for your help!!
Ya, or just like food and toilet paper and housing and stuff. Maybe healthcare too. Maybe a car and heating and internet and AC… I guess money doesn’t buy happiness, but money certainly does seem to buy a basic standard of living. Much better shot at being happy if you have a couple of those things.
I’m not going to comment on the statistics part. I am fortunate. At time of purchase in 2020 i was making $50K a year and my lady was roughly 20k. Fortunate in the part of having a steady reportable income for a few years and nothing major on credit. My home was in mostly good condition, 30 minutes outside of Houston. The AC did not function and Water heater was on its way out. Replace both of those, AC was on credit (finally paid off this year thank jesus) I work blue collar mostly and finally clearing 6 figures 🙏 I am an outlier but i still encourage young men to get into the trades, many high paying jobs after a few short years apprenticeship. I don’t want to insult people, I’m just saying i was negative about it too. I’m grateful I have ability to lose my tendies to wall street ![img](emote|t5_2th52|4641)![img](emote|t5_2th52|4267)
Just understand that we are in extreme bear territory; you will most likely not get sound insight from the people lurking these subs nowadays simply because all the excitements in the space has dissipated. Everything that isn’t a FANNG/GAMMA stock will be immediately looked down upon and called “high risk” or “meme stock”. This is because people are afraid of companies with weaker fundamentals and many years before profitability given the macro environment. In reality, this would be the best time to invest in high growth stocks as long as they have solid balance sheets and a good management team because they are at such low multiples and are closer in share price to their intrinsic value. STEM and Fluence both license their AI software to different companies to help them mitigate electrical costs and reduce peak energy crunches. That is their primary moat. They pair this with 3rd party installations of solar panels and battery packs from the likes of Tesla. They do not create their own hardware at this point. Enphase to my knowledge is more of a hardware company than software. And while they may have to utilize software to ensure their hardware is working, they are by no means considered a Saas company. Their moat is primarily based on their Direct Current to Alternation Current (DC->AC) inverters. They are really the only game in town when it comes to these inverters. Anyways, that’s my two cents. As full disclosure, I am currently invested in STEM and have invested in Enphase in the past. Both I think are great companies with many years of future growth on the horizon.
> IMO crypto is a dumpster fire, I wouldn't touch it with a 50 foot pole IMO this isn't an objective view of crypto. Much of the various token prices have indeed dropped significantly, but so have a lot of stocks, so have bonds. Crypto in general has always been on the extreme end of the risk spectrum. It dropping during a bear market doesn't invalidate it it any way. Also "crypto" is quite diverse, from dog tokens, to actually used and profitable protocols, to stable coins, and everything in-between. What if I told you that 96% of all business will fail within a 10 years of starting? What if I only told you about Enron, Bernie Madoff, and all of the fraud and made-up money during the Great Financial Crisis? What if I only talked about penny stock pump and dumps and rugs? I think the equities investing narrative would look quite different if that was the only coverage. Similarly, crypto is only ever viewed through a negative lens in the mainstream. > Look up things like FTX or Three Arrows Capital to see why Look up WorldCom, Enron, Madoff ... fraud is not specific to crypto. The difference is in *real* on-chain crypto, all of this would be visible for anybody to see. FTX and 3AC all hid behind opacity and did shady things with customers' funds. DeFi in comparison is all just software, *heavily* audited, open sourced for all to see, and it has been running mostly flawlessly despite all of this recent news. > Crypto doesn't have anything close to a meaningful history That is true of all nascent technology. > Never mind the issues with lack of regulation Crypto has been going just fine without any regulation. I don't think that *no* regulation is needed, but it shouldn't be shoehorned into existing regs. There are people working hard on this to find appropriate reach for the government to enforce laws (Jake Chervinksy for example). > liquidity problems There's like $130 *Billion* worth of circulating ETH ... > lack of intrinsic value Ethereum, for example, is a Software as a Service protocol that generates [millions a day in revenue via fees](https://cryptofees.info/). Those fees/tips go directly to stakers and token holders. --- All that said, I'd suggest /u/ViolinistUpper350 reading up on Bogleheads philosophy and establishing a risk tolerance and time horizon for your investments. I didn't type all of that to say what to invest in, or to say to go all in on crypto. You should always assess your risk and balance your portfolio allocation accordingly.
Opposite anecdote…. only one landlord has ever raised rent on me since 2003. Only place it happened was one year when i was living in NYC and I wasn’t renewing anyway. So, ymmv pending where you live I own now. But mainly cause i was ready to just chill and it feels more secure owning my home at this age i guess. But in less than 6 months I’ve had AC issues twice , and a broken water pipe. Will see how i feel in a year i guess. Whether i feel stuck or not. I know one thing, if my income wasnt as good as it is, i would feel a lot more stressed owning.
Ford and GM are right but they'll still fuck it up. Whoever makes the most down to earth electric commuter shitbox for the cheapest will win. Nobody wants to pay $50k for a bunch of half-baked features that solve nonexistent problems. Most people would jump at a $20k-$25k electric vehicle that simply moves them from A to B with just AC, android/apple auto and fucking physical buttons. If anyone puts an offering like that out there I'll do a naked handstand and shit down my back.
Again you are wrong. For AC home charging you use single phase. 240V is plenty. For DC fast charging, the AC voltage is immaterial because at the connector, it's the DC charging voltage of the car which is the same everywhere for a given car / ev platform.
This is the tough part about remodeling. If a home has outdated items windows, roof, AC electrical panel driveway etc. replacing them isn’t going to give you additional value. Add value comes in actual creating value. Finishing a basement. Adding ire footage putting in a pool etc. just remodeling outdated things with new won’t get you there. Now what it will do is help sell the home quicker. Buyers will notice the window and the new driveway roof etc but unfortunately it’s not going to push the price up. Sorry
Ive never bought an Apple product but, hear me out. Fully integrated AR HUD glasses. Integrates data from your phone, watch, home security system, sound system, TV, AC/heat, and whatever other thing you can think of. Helps you navigate on trips and drive better. Helps you find your stuff if you lose it. Gives your instructions for tasks like cooking. Provide additional information on landmarks, restaurants, and any other places you want to go. Provide overlaid schematics and instructions for fixing appliances or equipment. Record your day, transcribe a presentation, translate a foreign language. Fuck this VR nonsense, give me AR. Better living through technology amirite?
This doesn't matter because: 1. We're talking about DC charging not AC. 2. US has split phase domestic power which has 120 V between each line and neutral and 240V between the lines. You can trickle charge off 120V but when we talk AC charging, we're primarily talking 240V in the US as well.
Chargers not working has nothing to do with the connector. CCS also supports 3 phase AC which lets you charge up to 22kw from an AC charger, which is big deal in Europe. Most of the time people will also charge from home and no gives a shit how bulky the connector is when charging our on the road. Yes, the Tesla connector is slim and neat, but Tesla had the chance to make this a standard 5-10 years ago and they didn't. Doing it now is merely a measure for eligibility to public funding. No car manufacturer is going to sue a Tesla standard now and be at the mercy of Musk's unstable mood swings.
**[Combined Charging System](https://en.m.wikipedia.org/wiki/Combined_Charging_System)** >The Combined Charging System (CCS) is a standard for charging electric vehicles. It can use Combo 1 or Combo 2 connectors to provide power at up to 350 kilowatts. These two connectors are extensions of the IEC 62196 Type 1 and Type 2 connectors, with two additional direct current (DC) contacts to allow high-power DC fast charging. The Combined Charging System allows AC charging using the Type 1 and Type 2 connector depending on the geographical region. ^([ )[^(F.A.Q)](https://www.reddit.com/r/WikiSummarizer/wiki/index#wiki_f.a.q)^( | )[^(Opt Out)](https://reddit.com/message/compose?to=WikiSummarizerBot&message=OptOut&subject=OptOut)^( | )[^(Opt Out Of Subreddit)](https://np.reddit.com/r/stocks/about/banned)^( | )[^(GitHub)](https://github.com/Sujal-7/WikiSummarizerBot)^( ] Downvote to remove | v1.5)
I mean you can’t just “look” at the plug and know which one is better. CCS has different leads for AC and DC which makes it bigger and some have argued safer. Europe uses CCS and Tesla sells cars in Europe with it so this just seems like Apple opening up lightning after usb-c came out.
Join the Air Force Better living, did Army for years I was always jealous of the Air Force folks whenever we went to the field they had , AC, hot meals , showers While we got MRE a shovel,TP and baby wipes ![img](emote|t5_2th52|4260)
Fees are clearly listed... At least I've never been surprised by the fees. I honestly don't know what you guys are doing when you book an Airbnb to have experiences like this. I've been using Airbnb since 2013 and I can say I've never had a notably bad experience. In fact all of the best places I've stayed have been Airbnb's. Prices are also more reasonable than booking a hotel for extended stays and typically come with Wifi included so I can work while I travel. Plus having a kitchen is quite handy when traveling for extended periods of time. Perhaps this is a price thing? If you're looking for literally the cheapest thing you can find on Airbnb then sure, you're going to have a bad experience. I tend to rent entire place's from well reviewed super hosts and I've always been very happy with my experience. In fact I find a lot of hosts will go out of their way to accommodate me. Often on arrival they'll give me information about the local area, tell me the best places to get food, give me maps, etc. Hotels normally just grunt, "name?" when you arrive. By far the worse travel experience I've had is with a hotel. Somehow they managed to double book me so they ended up putting me in what was basically cupboard with a bed on the hottest night of the year without any AC. Never had anything close to an experience like that with Airbnb. I felt for a while Airbnb should just remove all the crappy room shares they list though. Or perhaps rebrand the room share listing side of the business as a different product. I don't think it does them much good because it does seem a lot of people are booking really bad places.
I'm not defending anything. First of all, they have already announced they are addressing the hidden fee issue. Second, it's just variations on quality. I've had many experiences at hotels or resorts where I've been put in a room right near the nightclub, or the AC was broken, or the shower wasn't working, or the bed was crappy and I didn't sleep all week, or whatever. All I'm saying is that problems with quality experiences aren't unique to ABNB.
He did well making his shitcoin scam work.. but for some reason he didnt dump the loss on other people and took the hit all himself. Perhaps his debt was structured incorrectly, or perhaps he could not recover from his bad gambles on 3AC, but whatever the case is, this scammer forgot the basic rule of scamming: dont get high on your own supply. What you are supposed to do is trade away you shitcoin for something better, then let it dump. Idiots who assign values to alts are supposed to lose money, not the people pushing them. Well.. normally. I suppose its fitting justice that he goes down with his own ship.
What the hell is AH? Why are we creating new acronyms? To me, AH means "at high". There is already a standard acronym for after close, it's AMC, if you want to shorten that to sound cool or whatever, make it AC. We don't need a new acronym for after hours.
When you reach a million, you put 900k on your bank account and try to build another million within 100k left! If you fail, then that 900k were nothing but luck! Enjoy your life with the 900k on your AC!! If it´s still not enough, well, than be karma her guest, and blow that 900k away as well!
Got my electric gas utility bill today for the month of October (Ameren of IL). I have been tracking may natural gas and electric rates since March. The have been increasing month on month... they continue to accelerate. The cool autumn of October with low use of AC or heat provided NO rate relief. The rate of increase for October is the highest so far for the year. Thursday's CPI report could be a surprise.
They're actually remarkably profitable. The average Toyota has parts from 220 suppliers. AC Delco makes the window motors, Lear or Adint makes the seat cushions. Door hinges are made by OneMonroe, Cypress Semiconductor makes the touch screen, Denso designs part of the chipset. Motor parts are sourced from several companies. Shocks and struts from another. Main frame and body mounts are made in house, but many body panels are outsourced. Takata makes their airbags. Tesla makes every single part, except tires and a couple of other things. That's remarkable, because in a Toyota, 20% of the car's profit gets soaked up by these 220 suppliers. Tesla in-sources all of that profit by full vertical integration. That's VERY VERY VERY unique and hasn't been done in the car industry, basically ever.
I changed my mind, decided to argue. What’s your sauce for this claim? You want Costco? So does everyone else on island. Same with target or Walmart, etc… Think your prime shipping will get here faster than anyone else’s? Nope, same plane, same boat as everyone else’s. Think you can ship anything you want here? Nope, there’s rules for things you cannot ship to any Hawaiian island. Got pets? Cool I hope you enjoy the hassle and costs every time you want to fly with one due to quarantine regulations. Idk what beach front house you saw for 300k but either it’s a lie or on a small island or is an un-air-conditioned shack. The cheapest housing you can find does not have AC and is in massive apartment buildings. Just remembered.. I know a beach front spot you can buy for 100k. Yeah it‘s the size of a small hotel room in an apartment building in the middle of nowhere and any reputable real estate agent won’t even touch the deal. Shipping your car is ACTUALLY the easiest part.
Lmfao, what is being discussed here is definitely not how the stock market works. Jesus christ, man. Hey, ok, I have a tech company. I will sell you 1 share of the company. I'm offering you a share in the company at $500. Given your studiously rigorous DD, you determine that in 5 years, it will be worth $500. In the case of Tesla, my company would be valued at all other tech companies combined, with revenue being a fraction of even one other tech company. I don't offer anything special aside from a charging network that just hooks up to mains AC. I have spent the last 10 years lying. I'm busy playing with my new yacht I just financed after I've been selling huge stakes of the company to cash out, and I'm publicly doing hookers and blow, naming my baseball team of kids after dubstep sounds, involving myself in wars, and publicly spewing bullshit about how my janky sex robot is going to solve world povery. My company is crashing, the much bigger companies are already starting to eat my lunch, and the federal government just earmarked a trillion dollars, in part, replacing the one single thing I have left that makes my company special. You want to buy in because you think that the $500 stock will be worth $500 in 5 years.
[Hellraiser](https://www.google.com/search?safe=active&client=safari&hl=en-us&sxsrf=ALiCzsYxjxvotPZxPvFIOYguFyscU7LqaQ:1667829978438&q=Hellraiser+1987&si=AC1wQDCbqz_J7FBhQ7h2T2JEiaha4loNlBM5kVk-1ypq1zDpwz02JF-JHJSgmf1FCkuEbl7DkyTJWk4iPnCzvp_Rffr1hdKdLF4onPVqpcq8eCG5wKwt28qAETo3nMMW40YSSyIf2hCLbI5PjghHHZfiFw0v946fBazk1SCvddkOsgdEVusOWJ8%3D&sa=X&ved=2ahUKEwiB-aPrnpz7AhUiF1kFHRlgDK8Q3LoBegQIChAB&biw=520&bih=882&dpr=3) for those like me what wondered what movie this was from.
>Shared ownership comes with a lot of drawbacks. > >Depending on how you set it up you will be collectively liable for fees, maintenance, taxes, etc. Even if it is not a rental property this is true. A friends family fought endlessly over a cabin her grandparents left to their kids (her parents and aunts/uncles) Technically they all "owned" 1/4 of it. Well 2 of them loved it and would spend time there all the time, 1 would spend a couple weeks a year there and one wanted nothing to do with it. The two families that loved it put some money on updates and like built a nice deck, re modeled the kitchen / bathroom, got a new AC, build a nice brick fire pit ect... They fought over who paid for taxes, upkeep , maintenance. The one that never used it never wanted to pay for anything . They then came to an agreement where they would buy her out but then endlessly fought over the price One wanted 1/4 of the current value the others argued that since they never paid any taxes, maintenance costs, and they had put their own time/money into remodeling it , it should not be 1/4 of current value .