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Post by Deleted on Mar 2, 2018 14:50:01 GMT -6
What type of work do you do? Sales?
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Post by denisdman on Mar 2, 2018 14:52:18 GMT -6
Commercial insurance underwriting....it's in financial lines. Background is all finance and accounting.
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Post by Deleted on Mar 2, 2018 15:13:29 GMT -6
Nebraska didn’t even show up today. Surprising under this coach. He didn’t help either with a terrible defensive plan. Michigan isn’t missing anything. Fuck this game. Both of my losses haven’t even been close.
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Post by Deleted on Mar 2, 2018 15:13:47 GMT -6
Nebraska didn’t even show up today. Surprising under this coach. He didn’t help either with a terrible defensive plan. Michigan isn’t missing anything. Fuck this game. Both of my losses haven’t even been close. Wrong thread! |
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Post by denisdman on Mar 2, 2018 15:19:38 GMT -6
No worries, I could change the thread title to..."and also WR's somewhat interesting streaming thoughts!"
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Post by denisdman on Mar 7, 2018 8:04:56 GMT -6
I am finding the hang wringing over the steel tariffs quite amusing. For years I have argued for free trade, TPP and the like, and usually folks are against free trade. But it is fun to see the media attack these tariffs (rightly so) when most folks running for office and most media tend to bash China and other exporters for selling us low cost goods. Well of course if you enact tariffs consumer prices will rise. That is what I have been saying for years!
Tariffs are a sales tax. Nothing more.
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Post by denisdman on Mar 9, 2018 7:32:08 GMT -6
Coming in this morning, I hear a Spotify ad for Charmin with a jingle that is something like "keep your heinie shiny". Mildly amusing....
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Post by denisdman on Mar 12, 2018 6:53:25 GMT -6
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Post by denisdman on Mar 14, 2018 8:39:42 GMT -6
Supposedly, we are having our first high school game today. They tanked yesterday's because of the cold weather. It is a tad nicer today. Definitely excited to see how an entire off season of work and training expresses itself on the field. My son is supposed to get one inning of work on the mound but otherwise will man first base (lefty). He is due to start Friday.
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Post by denisdman on Mar 15, 2018 6:47:53 GMT -6
It was great to have baseball back. A chilly 49 degrees with DeKalb County winds coming right in our faces. We scored eight runs before the other team recorded an out. We slaughtered them 14-0 in five innings (10 after five rules). There wasn't a kid on other team that I would have put on our team. I was pleased to see that we have a solid group of seniors. My son is just a sophomore, but he starts at first and bats fifth. Our top five pitchers each got one inning of work.
God I love baseball!
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Post by Danny Busch on Mar 15, 2018 20:34:12 GMT -6
It was great to have baseball back. A chilly 49 degrees with DeKalb County winds coming right in our faces. We scored eight runs before the other team recorded an out. We slaughtered them 14-0 in five innings (10 after five rules). There wasn't a kid on other team that I would have put on our team. I was pleased to see that we have a solid group of seniors. My son is just a sophomore, but he starts at first and bats fifth. Our top five pitchers each got one inning of work. God I love baseball! What shit team did you play? Hinkley big rock, Genoa or sandwich? |
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Post by denisdman on Mar 19, 2018 19:19:49 GMT -6
It was Kirkland Hiawatha. We played some much better competition over the weekend and lost three one run games all because of some poor infield defense. But on balance, we have a very competitive team.
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Optimisn
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The Voice of Reason
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Post by Optimisn on Mar 19, 2018 19:29:48 GMT -6
It was Kirkland Hiawatha. We played some much better competition over the weekend and lost three one run games all because of some poor infield defense. But on balance, we have a very competitive team. I've heard Kirkland Hiawatha is a name brand Hiawatha with a Kirkland label. I'll show myself out. |
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Post by denisdman on Mar 20, 2018 6:44:04 GMT -6
This Trib headline made me chuckle.
"Ald. Reilly: 'Drunk suburban kids' used downtown Chicago as a St. Patrick's Day toilet"
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Post by Positivity Peeps on Mar 20, 2018 9:42:08 GMT -6
Those suburban bastards. Chicago "kids" use downtown to rob and carjack people
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Post by denisdman on Mar 20, 2018 10:28:24 GMT -6
Game canceled today- thank God. I want to see baseball, but not interested in near freezing conditions.
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Post by denisdman on Apr 3, 2018 11:25:39 GMT -6
Well we're back to canceled baseball games. This whole week might get tanked. We were able to get all five in for our Spring Break trip in Florida last week. We had only one minor delay due to rain. Otherwise, it was close to ideal baseball weather with pristine fields.
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Post by Deleted on Apr 4, 2018 20:59:36 GMT -6
Baseball season should open in the South. I'm sorry for us in the North, but it just doesn't make sense. Give us a few more summer games when its miserable in other areas.
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Post by Kirkwoodref on Apr 19, 2018 16:44:21 GMT -6
I'm just riffing here and hopefully denis or anyone else could hold my hand through my stream of thoughts.
I was reading the Wall Street Journal, I think, and they were stating there is going to be a rush of real estate bidding/sales this spring(ha!)/summer due to:
1) economy is strong
2) millenials have saved enough for down-payments
3) rush to lock in interest rates before the inevitable rise
Point 3 raised an eyebrow. I haven't had to put on my finance hat on since college so I'm rusty. But is the interest rate angle overblown? Hasn't low interest rate led to the astronomical (some say artificial or bubble) prices for homes? If supply is growing slowly, but demand is high and access to capital plentiful and cheap....doesn't that lead to high home prices? I'm sure the topic has been studied so I'm being lazy here by not googling. But if interest rates rise...so what? Home prices theoretically should decrease.
Is the theoretical just that? Pie-in-the-sky?
I'll hang up and give myself a wedgie.
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Optimisn
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The Voice of Reason
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Post by Optimisn on Apr 19, 2018 17:09:09 GMT -6
I wouldn't purchase a house right now. Most markets are incredibly inflated. I'll go point by point.
1) The economy is strong. That's leading to a ton of consumer confidence and people forgetting the economy is cyclical. It's also creating a bidding war for properties that are already way above their true market value (although market value is a loaded term). I know someone that put their deceased mom's house on the market last month. It wasn't a rehab, but it wasn't redone. Twenty-year-old original windows, few updates, etc. They had four full price offers in two days. People were writing handwritten notes in the offers to try to be first.
2) Millenials in some cases have saved enough for down payments. But down payment requirements are also being lowered by many providers. Sound familiar?
3) Interest rates will potentially go up. But how will we react to the upcoming recession? Spiking interest rates? I think your initial assessment is correct.
I'm not predicting 2008 gloom and doom. But this can't sustain. There's a house close to me I looked into if I stick with flipping. I had my acquisition number in mind and it was 33% of the asking price. I'm not suggesting that's how inflated the housing market is right now, but it's an example.
As stated in the beginning, I wouldn't buy a house right now. Yes you will "waste" money renting for a while. But in the next couple years, you can prepare and strategically wait for an opportunity. The foreclosure market will pop again with people that won the rights to buy houses with handwritten notes. I'm not judging because I've been a buyer too. Might be getting pressure from other sources to buy. I'd say in 1 1/2 years, you'll be able to pick something up for a steal compared to the current value. Obviously there are many factors, but that's my big picture view.
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Post by Kirkwoodref on Apr 20, 2018 6:41:23 GMT -6
I wouldn't purchase a house right now. Most markets are incredibly inflated. I'll go point by point. 1) The economy is strong. That's leading to a ton of consumer confidence and people forgetting the economy is cyclical. It's also creating a bidding war for properties that are already way above their true market value (although market value is a loaded term). I know someone that put their deceased mom's house on the market last month. It wasn't a rehab, but it wasn't redone. Twenty-year-old original windows, few updates, etc. They had four full price offers in two days. People were writing handwritten notes in the offers to try to be first. 2) Millenials in some cases have saved enough for down payments. But down payment requirements are also being lowered by many providers. Sound familiar? 3) Interest rates will potentially go up. But how will we react to the upcoming recession? Spiking interest rates? I think your initial assessment is correct. I'm not predicting 2008 gloom and doom. But this can't sustain. There's a house close to me I looked into if I stick with flipping. I had my acquisition number in mind and it was 33% of the asking price. I'm not suggesting that's how inflated the housing market is right now, but it's an example. As stated in the beginning, I wouldn't buy a house right now. Yes you will "waste" money renting for a while. But in the next couple years, you can prepare and strategically wait for an opportunity. The foreclosure market will pop again with people that won the rights to buy houses with handwritten notes. I'm not judging because I've been a buyer too. Might be getting pressure from other sources to buy. I'd say in 1 1/2 years, you'll be able to pick something up for a steal compared to the current value. Obviously there are many factors, but that's my big picture view. Number 1 is definitely the main reason why I'm holding off on purchasing my first home. The wife is getting the itch but this market smells funny. There is a huge element of FOMO right now. When I see that it makes me pause and take a step back. What really opened my eyes was a friend purchased a 2 bed/2 bath 1,600 ft apartment for $480K. The unit was newly remodeled and in hot-ish area of Roscoe Village. But holy hell is $300/sq. ft a helluva of price. Definitely raised an eyebrow. |
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Post by denisdman on Apr 23, 2018 11:29:35 GMT -6
Sorry I missed the original post about buying a house above. The Chicago and midwest market is very disconnected from what has gone on across large parts of the U.S. The prices in Cali, DC, Seattle, and Denver are crazy. The Chicago market, except in pockets, is still reasonably valued.
I faced this decision in 2004 when I knew the market was wildly inflated. While a house is an investment, shelter is a basic human necessity. So if you are going to consider buying, a few suggestions:
1) Stay well within your means,
2) Buy something that you would want to stay in regardless of where the market is headed (this was huge for me in 2004. I am still there).
3) Interest rates matter a lot in terms of your payment, but don't make that a decision driver.
4) The economy is cyclical as noted above, and people always forget that when the market is at records and unemployment is low.
I wouldn't buy now in some of the crazy overpriced places in Chicago like Oak Park, Elmhurst, and better northside neighborhoods. But there are plenty with reasonably priced housing.
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