partial_accumen

A specific house may be bought up, but others will be available that are similar for substantially less in a deflationary market.

This is my problem with economics. You’re talking about theory and practice as if they’re the same thing.

Way back when, I used to sell computers and computer parts at retail. I assure you this was a regular conversation topic. "When is the Voodoo 4 graphics card coming out? 4 months? Okay I won't buy the older Voodoo 3 now because I can make do with my Nvidia TNT2 until then."

All consumers do not make perfectly rational choices.

No they don't, nor or do they need to if you're taking a macro view.

Hell, most don’t.

Are you saying:

• consumers NEVER make rational choices?
• consumers don't make 100% rational choices 100% of the time a choice is available?

I disagree with the former, but I agree with you on the latter. None of that invalidates micro or macro economic theory.

This kind of theory only explains how rich people want you to think things work. It’s not how things work in the real world.

Many rich people get rich because this works. They also play dirty tricks to create the situations, but then again in those situations the theory works.

I'll be the first to say economic theory is far from perfect and the deeper you go, the more complex, and potentially less reliable, it gets, but the basics are pretty sound.

It’s not like you can wait till next year to eat or have a place to live.

Eat? No waiting. Live? Sure! If prices were consistently falling because of deflation, and you knew renting for a year would allow you to buy a larger house with the exact same amount of money you hand in your hand, most would do that and rent for a bit.

Sounds good in theory, but I don’t think that holds up in practice. For example, computers getting more affordable and powerful year by year didn’t stop people from buying them.

It absolutely delay people buying. If you held out for 6 more months, you'd get a substantially faster computer. Thats the second variable you're introducing with this example. If your current computer was "fast enough" you'd wait, and people did.

It would be interesting to see the Canadian traffic by provincial origin. I'm guessing the difference between, say, Newfies and Albertans is pretty different.

So he's going to deport Elon, right?

The half human-wook child grows up vengeful that their parents were both throwaways by their respective leadership. The child becomes the next emperor and destroys the Federation.

Do you want to attract wasps? Thats how you attract wasps.

My intention is to complete the IT Management degree and then evaluate whether I want to go on to an MBA or pursue more education in a different direction.

I thought about a graduate degree too, however my career really took off (partially because of jobs I was able to get that had a Bachelors requirement). A graduate degree at this point in my life would not advance my career further and actually probably reduce my success because of the time commitment and what it would mean I couldn't do with that same time and energy. Maybe I'll chase one after I retire just for fun!

My biggest worry with jumping into something entirely new is burnout.

I had this same worry for myself, and it is certainly a balancing act. Too much course load, and you won't succeed on learning/passing then get burned out even if you do. Too little, and you might get "comfortable" again getting your time and schedule back to what you had before you started.

For me I found success by starting with one course per term for the first term, then two courses per term for two more terms, then three per term (finding out that was too much), then dropping back down to two per term. Additionally, I never took a term off. I was worried I wouldn't go back, so I did the low-and-slow path or the entirety of my Associates degree to completion. Then when I got the new job (with tuition reimbursement), I did the same, low-and-slow until completing the Bachelors degree.

So, a plan is coming together. Thanks again for all your advice, this is good stuff and will absolutely help me on my path.

Right now you might be thinking "how am I going to find the time to do this along with everything else?!" After the 2nd week of this new responsibility you will have it worked into your schedule. You will then ask yourself "What was I doing before with all this time I found for school commitments?!", and finally after you graduate a month or two later you'll loop back and say "Where the heck did I find all that time for the school commitments!?"

You've got this! The hardest part is just starting. You are so close. Just. Start.

This is the first time I'd heard about the "trump accounts". This looks like just another trump tantrum copying something Obama did. Obama created the "myRA" program in his last term in office which served the same purpose as these "trump accounts", except myRA could be used by low income adults too which received government subsidies to encourage personal contributions. Also the investments were in government bonds, not stocks.

trump took office in 2016 and canceled myRA 6 months after.

source

Sure, but is he willing to go down by himself when he's just been thrown under the bus?