Anonymous wrote:Investing in bonds for the last 10 years, with interest rates close to zero, was plain stupid.

It remains stupid today.

This is both unquestionably true and not even remotely controversial.

There is no donut hole in regards to college financial aid, just poor planning.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Wow, liking our current insurance system! You are definitely one of maybe ten people in the whole country!

Oh I can do this one.

The way Americans do healthcare is better for the sickest people who want to proceed with expensive treatments to fight for their lives and so, to my mind, the best way.

Can you explain further? Genuinely curious.

Not that PP

Lived in Australia, "free healthcare" leavy is 2% of income and a further 2% if you don't have private health care


Just because you don't get the bills, doesn't mean you don't pay them

This thread is oddly cathartic.

I think the "latte factor" is nonsense. Depriving yourself of your $5-$10 coffee or avocado toast or joy of choice is not going to a darn thing to make a house or college tuition more affordable.

Anonymous wrote:We lease cars, travel internationally every year and have a generally nice life

We only spend 10% of our post tax income

There is a middle ground

um ... what? you just sound very wealthy or am I missing something?

I think people are more important than money. That passes for a controversial opinion around here. I think a lot of people are morally bankrupt, willing to lie, steal, and ruin the lives of the poor, especially children, in exchange for lower taxes and a bigger house and newer car.

If you were to tell a lot of people on this site that they could have a free mansion and Range Rover in exchange for shooting a poor child that no one would ever find out about, a distressing number of people would do it. People have studied so much “dismal science” they’ve lost track of basic human values.

Investing in bonds for the last 10 years, with interest rates close to zero, was plain stupid.

It remains stupid today.

Anonymous wrote:

Anonymous wrote:Wow, liking our current insurance system! You are definitely one of maybe ten people in the whole country!

Oh I can do this one.

The way Americans do healthcare is better for the sickest people who want to proceed with expensive treatments to fight for their lives and so, to my mind, the best way.

Can you explain further? Genuinely curious.

Keeping six months’ expenses in cash is a waste.

Anonymous wrote:Wow, liking our current insurance system! You are definitely one of maybe ten people in the whole country!

Oh I can do this one.

The way Americans do healthcare is better for the sickest people who want to proceed with expensive treatments to fight for their lives and so, to my mind, the best way.

Anonymous wrote:We lease cars, travel internationally every year and have a generally nice life

We only spend 10% of our post tax income

There is a middle ground

Quick back of the envelope math, for us that would be $2400/mo or approximately our mortgage. Being that much higher income than my double biglaw family is a weird way to define “middle ground.”

Wow, liking our current insurance system! You are definitely one of maybe ten people in the whole country!

I don’t think the insurance system in this country is awful, and I don’t think the problems that people complain about would be solved by single-payer.

Anonymous wrote:People (other than business owners) who lease cars like to waste money

Not really. Or at all.


People who buy new cars outright pay the lease too. Only for them it's called depreciation and comes out of their net worth instead of their income. Leasers pay the depreciation too and have the benefit of tens of thousands of dollars being tied up in a depreciating, non productive asset.


There are a lot of people, here especially who really have no clue about finance (you included)