woke up smiling today
Today’s theme song of the day is "Uknowhowwedu," by Bahamdia. It’s fresh. check it out.
We’ve been talking a lot about the Rent v. Buy question (but not on this blog) — and I have promised everyone that I would post my calculator. I’ll try to get it posted today. Until I do — here are some links I found on the net. I must point out that I still have not found a calculator that takes taxes into account — without taxes, it’s an oversimplified approach that adds very little value. Given our income (this especially applies to my mba classmates, rockstar oncologists, and soon-to-be venture capitalists), we need the tax benefits of a mortgage — so much so that it often justifies purchase (even in this market).
Here’s something I found at NYT’s website today — a good discussion of rent v. own:
definitely.an.article.that.you.should.read
Article about home prices in California (32% lower than a year ago). Check it out:
I found an interesting article at Economist.com regarding VC selection and the debate of management v. business. Many say that it’s all about the management team — but in reality, it takes both. Take a look at the article:
And if you were wondering who is on the winning end of higher commodities prices, read this one:
as.food.prices.spiral.they.profit
Thomas Friedman writes a very interesting op-ed piece for the NYT. I recommend it:
And I really enjoyed the article about twenty-something living in NYC and getting by on low wages. It reminded me of living on the Lower East Side with Chef Tell (you still rock climbing on weekends, man?):
young.poor.nyc.still.living.the.dream
And here’s a site that everyone should love — it tells you where all the drink specials are. Detroit Bar has $1 beers?! Rock on!
