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| Dave Rathbun |
 Posted: Mon Jan 30, 2006 4:04 am Post subject: |
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CFO
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Here is a link to the site that I found that contains population stats for the US for 2005.
http://factfinder.census.gov/servlet/SAFFPopulation?_sse=on
Total population
Largest
California: 36,132,147
Texas: 22,859,968
New York: 19,254,630
Florida: 17,789,864
Illinois: 12,763,371
Smallest:
Wyoming: 509,294
District of Columbia: 550,521
Vermont: 623,050
North Dakota: 636,677
Alaska: 663,661 |
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| crazycow |
| Posted: Thu Apr 27, 2006 4:54 pm Post subject: |
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Investing Associate
Joined: 02 Nov 2005
Posts: 21
This Month: 0
3426.25 e$
Net worth: 7,194.79
Portfolio Value: 3,768.54
Monthly Return: -6.41%
Trades this month: 0
Churn Rate: 0.00%Items
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| Dave Rathbun wrote: | Here is a link to the site that I found that contains population stats for the US for 2005.
http://factfinder.census.gov/servlet/SAFFPopulation?_sse=on
Total population
Largest
California: 36,132,147
Texas: 22,859,968
New York: 19,254,630
Florida: 17,789,864
Illinois: 12,763,371
Smallest:
Wyoming: 509,294
District of Columbia: 550,521
Vermont: 623,050
North Dakota: 636,677
Alaska: 663,661 |
Cool resources - Thanks! |
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| crazymonk |
| Posted: Fri Apr 28, 2006 2:55 am Post subject: |
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Investing Sr. Associate
Joined: 01 Mar 2006
Posts: 51
This Month: 0
9900.71 e$
Net worth: 9,900.71
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| Houses in california is at rediculous prices. With our salary we can't even afford a mobil home. |
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| Grimreaper |
| Posted: Fri Apr 28, 2006 3:02 am Post subject: |
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CFO
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| crazymonk wrote: | | Houses in california is at rediculous prices. With our salary we can't even afford a mobil home. |
There is no requirement that you get all 10 posts in to qualify in 10 seconds or less....on da last day of da month....after you said nuthin all month long.  |
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| crazymonk |
| Posted: Fri Apr 28, 2006 3:16 am Post subject: |
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Investing Sr. Associate
Joined: 01 Mar 2006
Posts: 51
This Month: 0
9900.71 e$
Net worth: 9,900.71
Portfolio Value: 0.00
Monthly Return: 0.00%
Trades this month: 0
Churn Rate: 0.00%Items
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| Grimreaper wrote: | | crazymonk wrote: | | Houses in california is at rediculous prices. With our salary we can't even afford a mobil home. |
There is no requirement that you get all 10 posts in to qualify in 10 seconds or less....on da last day of da month....after you said nuthin all month long. |
Time is precious, and I've a pretty good return this month. Atleast I'll tried to post once every other day next time. |
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| xknicker |
| Posted: Fri Apr 28, 2006 9:25 pm Post subject: |
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Investing Associate
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I too have good return this month and to afford a good house one needs have good financial background and an edge to get that at any cost.  |
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| bigdave |
| Posted: Sat Apr 29, 2006 3:27 am Post subject: |
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Investing Sr. Associate
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| I hate those calculators as they alot tooo much of your income for your home. Your home should never be more than 30% of your takehome income... this will steer you clear and help you be able still afford you home even if you loose your job and have to get another one. |
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| Im Not Warren Buffett |
| Posted: Sat Apr 29, 2006 8:53 pm Post subject: |
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CFO
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| One thing that always gets mentioned when talking about home ownership is the tax deduction on mortgage interest. A lot of people argue that this is just a way for realtors to sell people larger houses, because people who take out mortgages don't have to pay the entire "true" cost because of the deduction. Also, many flat-tax proponents think they will never be able to get such a measure passed because such a system involves eliminating tax breaks and other credits, and many of them would be too politically unpopular to get rid of... an informal survey: how important do you consider the deduction on mortgage interest? |
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| frusnak |
| Posted: Sun Apr 30, 2006 3:38 am Post subject: |
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CFO
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| I owe nothing to anyone, I pay about $500 extra beside what is taken out of my salary to the IRS each year. If I had a mortgage and paid $5,000.00 interest per year how much could I save with a deduction? I would rather be where I'm at now than have a mortgage payment. Am I wrong? |
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| Im Not Warren Buffett |
| Posted: Sun Apr 30, 2006 7:53 am Post subject: |
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CFO
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| I think you are missing what I was saying, I doubt anyone would volunteer to increase their mortgage to get the interest deduction. I'm just saying that on that hypothetical $5,000 interest payment, you could deduct it from your income. If you are in the 25% tax bracket, that saves you $1,250. I think Dave touched on this in another post about whether to invest or pay down your mortgage if you have extra money sitting around, and I just wanted to bring it up again to see how important people think the deduction is. |
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| frusnak |
| Posted: Sun Apr 30, 2006 9:44 am Post subject: |
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CFO
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| Im Not Warren Buffett wrote: | | I think you are missing what I was saying, I doubt anyone would volunteer to increase their mortgage to get the interest deduction. I'm just saying that on that hypothetical $5,000 interest payment, you could deduct it from your income. If you are in the 25% tax bracket, that saves you $1,250. I think Dave touched on this in another post about whether to invest or pay down your mortgage if you have extra money sitting around, and I just wanted to bring it up again to see how important people think the deduction is. |
I see what your saying, just wanted to make a point about having a mortgage and the value of the deduction. I think some people believe it's better to have one than not.  Sorry for any misunderstanding.   |
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| DKnightSr |
| Posted: Mon May 01, 2006 3:10 pm Post subject: |
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Member of the Month
May
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| Im Not Warren Buffett wrote: | | I think you are missing what I was saying, I doubt anyone would volunteer to increase their mortgage to get the interest deduction. I'm just saying that on that hypothetical $5,000 interest payment, you could deduct it from your income. If you are in the 25% tax bracket, that saves you $1,250. I think Dave touched on this in another post about whether to invest or pay down your mortgage if you have extra money sitting around, and I just wanted to bring it up again to see how important people think the deduction is. |
Never forget that before you can deduct it, you have to spend it. I prefer to keep it in my pocket to begin with. Deductions, to my mind, are vastly over-rated.... unless they happen as a "ta-boot" to something I was going to do anyway. Then... you bet... I'll take it  |
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| DKnightSr |
| Posted: Mon May 01, 2006 3:16 pm Post subject: |
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Member of the Month
May
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As for mortgages...and paying them off early... one thing that gets left out is:
At 4% inflation, in 18 years you're paying back the mortgage with dollars that are only worth 1/2 of what they are today. After the 18 years, it only gets better. Sure, paying off the mortgage early is an American Dream. But those same dollars you would use to pay off the mortgage, invested in Savings Bonds (yuck!) at 6% would be worth about 3 times as much in 18 years.
For me... I'm waiting. The time is coming when I get to chase my mortgage holder down the street with my worthless inflated dollars to make my payment.
I WILL ENJOY EVERY MINUTE!!!! |
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