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I never hit a wall or thought myself an alcoholic until I went to meetings and realized that there are degrees. You don't have to be homeless and unemployed. I had to realize that I was unable to stop drinking once I start. Just shy of 60 days and while I there are times that I miss drinking, I don't regret going completely sober.
@Caddox Happy to exchange PMs as I think people who are high functioning only see/hear the alcoholics whose lives were completely destroyed. The better case which I believe I am and have seen at AA meetings are people who stopped before their situation got there.
lots of tech companies have dual class voting rights. institutional investors hate them but have no choice. theoretically, the non-voting rights shares should be discounted but often not in reality.
you would not sell $36B to the open market. you could sell chunks of millions. but with that large of a stake, many banks will give you loans against your shares so you never really have to sell.
Any way to reduce? Long story short is that my parents received land from their parents prior to death due to mental capacity issues.
My parents want to sell the land but don't necessarily need the cash. The cost basis will be ridiculously low as it wasn't reset at time of transfer since it was executed prior to my grandparents death.
Are there other strategies besides 1031 exchange?
Who is buying?
Lyft IPO last Friday. Slack is going to list on NASDAQ while Pinterest and Uber are going NYSE.
Other major ones:
Zoom (actually profitable!)
Airbnb
Postmates
Robinhood
I'd go all in on Airbnb and maybe Pinterest but passing on all others.
Lulz, US bans China ability to promote gay hook-ups. US is going to dominate the dating app space!
https://www.cnbc.com/2019/03/27/us-pushes-chinese-owner-of-grindr-to-divest-the-dating-app-sources.html
Given the rumor that she was looking for a job a few months ago, it shows most people are completely unemployable after working for the Trump administration
Are there any benefits (e.g. Tax) taking on debt for my house remodel? Looking at unsecured loans as we don't have enough equity in the house since we recently purchased. I have enough cash to remodel but wanted to check if I should use debt.
Interest rate is probably around 4%-6%.
The cash would sit in a saving account as part of my rainy day fund. Any excess would just go into the market to save up to buy a rental property.