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Search: Posts Made By: chinaco
Forum: FIRE and Money 08-28-2007, 03:45 AM
Replies: 99
Views: 9,806
Posted By chinaco
If you only have a few years left to work, it...

If you only have a few years left to work, it probably would not be worthwhile. Especially if you do not get a jump in pay to a higher salary band. It usually take a couple of years to prove...
Forum: FIRE and Money 08-27-2007, 04:09 AM
Replies: 99
Views: 9,806
Posted By chinaco
I chuckled when I saw your comment about dream...

I chuckled when I saw your comment about dream for advancement... I did not find your aspiration funny nor am I making fun of your comment.

What I found funny is that the dream (if realized) can...
Forum: FIRE and Money 08-25-2007, 01:55 AM
Replies: 99
Views: 9,806
Posted By chinaco
I agree. It is an economics issue...

I agree. It is an economics issue (supply/demand) for the factors of production or service... one of which is Labor. For example IT jobs seemed to increase more than inflation in the late 90s. ...
Forum: FIRE and Money 08-23-2007, 05:23 PM
Replies: 99
Views: 9,806
Posted By chinaco
I used the information from some mortgage site...

I used the information from some mortgage site that indicated no more than 40% of income for the house payment. I did not look closely to see if it indicated before tax or after tax income... I did...
Forum: FIRE and Money 08-23-2007, 03:08 AM
Replies: 99
Views: 9,806
Posted By chinaco
Gee Whiz! $2-$3mm houses. I am in the mid-west....

Gee Whiz! $2-$3mm houses. I am in the mid-west. That sort of house very large. Many rooms, much furniture and stuff, a lot of upkeep. Need housekeepers, etc.

What would be a reasonable...
Forum: FIRE and Money 08-21-2007, 03:53 AM
Replies: 99
Views: 9,806
Posted By chinaco
The reason I asked was that I saw a few posts...

The reason I asked was that I saw a few posts where people had mentioned renting being a better approach.

My preference is home ownership. Conventional wisdom seems to be that home ownership is...
Forum: FIRE and Money 08-20-2007, 04:41 AM
Replies: 99
Views: 9,806
Posted By chinaco
Is Home Ownership Really Worth It?

I know this topic has been discussed before. Sorry for dredging it up again... but has anyone found any good formal studies on the subject.

Most information I have seen tend to be apples to...
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