Monday, September 29th, 2008
Anita and I rent. We know that in the long run, we’ll be financially better off than if we bought. Aside from the blip on the real estate radar that’s happened over the last few years pushing real estate prices through the roof, that has come to an end and will not happen again for a long time for a zillion reasons. This we know to be true, but sometimes have a hard time convincing some people who are (like most) convinced that renting is a waste and the only way to plan for the future is to buy.
This article in Yahoo Real Estate explains the whole thing very well, here’s a great excerpt:
Rent is the cost of owning shares with money you would otherwise spend on a house. Houses have ownership costs, too: taxes, insurance and maintenance. Rent costs about 5% of house prices each year if we apply the price/rent ratio of 19. House incidentals often cost around 2%. If you have $300,000 and a choice between spending it on a house or shares, you’ll pay $6,000 a year in incidentals if you buy the house or about $15,000 a year ($1,250 a month) in rent if you buy the shares. But the shares will return $21,000 a year after inflation while the house will return zero. (My numbers work out even better than these. I pay a smidgen less than $1,250 a month for rent, while house prices in my neighborhood are far higher than $300,000.)
Friday, September 26th, 2008
Today is my last day off between jobs, on Monday morning I’ll be heading downtown to my new job. I wish I could sit around doing nothing today, you know be really lazy and unproductive, because I think its the last time I’ll have a quiet day for a few months at least.
Anita went to work early this morning so she could finish up some things, then she’ll be coming home to vegetate with me. I dropped off little Erik at daycare (after ignoring Anita’s instructions and getting lost in North Coquitlam somewhere), and now I’m home with a Venti Mild, a bad cough, and a really messy garage that needs some cleaning up.
Friday, September 12th, 2008
Just to prove a point: Computer security is harder than building a $7 billion black-hole creating proton smasher.
Hackers broke into the Large Hadron Collider’s network, which is ridiculous considering this is the biggest scientific experiment in the world full of super eggheads and meganerds.
They’re still at it, if you want to see the hacking damage in action you can watch it live on one of their webcams here. http://www.cyriak.co.uk/lhc/lhc-webcams.html
Tuesday, September 9th, 2008
Had a great meal at Milestones tonight, pigged out on Kobe Beef Meatloaf, which Erik devoured. Until Anita gave him his first french fry (made from yams). Then he wanted nothing to do with the Kobe. That’s ok! Going out for dinner is supposed to be a treat, anything goes. Later on if he decides he wants to start with cheesecake and work his way backwards, that’s cool with us.
That doesn’t mean you can take him to McDonald’s Granny and Opa!! 🙂
Bedtime for the little bugger is coming up soon, I better get my butt inside and help out.
Monday, September 8th, 2008
Well, Hurricane Ike just ruined my buddy Sean’s vacation plans with his family. He was supposed to fly to Cuba this morning for some much needed R&R but Mother Nature had different plans. Apparently her plans are to destroy destroy destroy! Cuba is getting the brunt of it right now, and Ike is projected to slam into Texas later on this week. But he might just dissapear instead, or who knows.
Monday, September 8th, 2008
If you find it, buy it for me please, I’ll pay you back even if I end up with multiple copies. This month’s issue of Esquire Magazine features something new, something we’re sure to see much more of in the future, and that is an E-Ink cover.
A paper LCD screen, so to speak.
Friday, September 5th, 2008
Well that’s what Google did. Just a short ten years ago we saw the birth of Google, and today they’re worth $150 billion smackeroos. Not bad. I could do better with a lemonade stand though.
Monday, September 1st, 2008
We called, they answered, we now have a ton of friends and family willing to help out with the move. This is very awesome! Everybody hates moving, I know I loathe it, so any help we get to shave a few minutes off the task will be great.
It’s Monday night, back to work tomorrow. Only 14 business days left at my current gig before I take a little break and start my new job on October 1st. This is going to be one crazy month.