My wife and I moved to San Francisco in 2001, and after 18 years, we finally decided we've had enough. Our plan now is to cash out of the tech IPO boom and move to Hawaii to semi-retire in our early 40s.
We feel a tremendous burden to keep working so we can earn higher salaries only to keep up with the city's rising costs. That said, the only way to break free from this trap is to sell during the tech IPO boom. If we're able to sell to one of the newly minted tech millionaires once their six-month lockup period is over, we would reinvest the proceeds into various passive income investments such as dividend stocks, short-term treasury bonds, venture debt and private equity.
A 6% blended return on the gross capital base with no maintenance or tenant issues sounds much better to me. My parents want to move out of their old four-bedroom house because they find it too large to maintain. My family of three would take over the house and spend about $3,500 a month paying for a fully-furnished two-bedroom, two bathroom condominium downtown near all the shops and restaurants for my parents to live in.
AlyanaGomezKTVU MakeIt Zakynthos island in Greece
MakeIt because the limousine liberals have crossed your final nerve☹️
MakeIt He complains about SF not being 'family friendly'. Playgrounds have popped up like mushrooms in the past no. of years pretty much in every green space around. Kids are everywhere.
MakeIt This is not Hawaii......it’s Greece
MakeIt ... if Hawaii is so awesome why do you use a picture from a Greek island?
MakeIt The picture is not Hawaii but the Greek island!
MakeIt Because you can? Why would you need another reason?
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San Francisco Weighs ‘IPO Tax’ to Spread Tech WealthThe city’s leaders are proposing to more than triple a tax on stock compensation in a bid to use revenue from a wave of public offerings by tech companies to address concerns about growing wealth disparity. hehe When will leftists politicians understand you cannot tax your way to better equality. And when will citizens stop voting these idiots into office.
Source: WSJ - 🏆 98. / 63 Read more »
Essential California: Why San Francisco banned cashless storesDoes the rise of cashless stores make for more classist cities? On Tuesday, San Francisco voted to ban cashless businesses in a bid to ensure the city remained an inclusive place for all residents. sherlyholmes That is fucked up and should be Illegal. Debit cards are a good way to carry income that if stolen from you or lost can be dealt with in a phone call. This law could open people to robbery since there's now a way to assure some people will be carrying cash... sherlyholmes This should be everywhere. People should be allowed to buy things without being tracked. And, of course, still, not everyone has cards, for economic reasons sherlyholmes With cashless stores, how on earth would armed robbers make $$? How else will they be able to afford to stay in SF?
Source: latimes - 🏆 11. / 82 Read more »
Nine dead gray whales have washed ashore in the San Francisco Bay Area this yearA dead gray whale washed ashore on a San Francisco beach Monday morning -- the ninth such death in the Bay Area this year, scientists at the Marine Mammal Center said. 😥😥😥 😥
Source: CNN - 🏆 4. / 95 Read more »
Ninth dead whale found in San Francisco Bay Area since MarchBiologists have spotted gray whales in poor condition during this year’s annual migration from Mexico to Alaska. Factory waste to the ocean The ocean is dying and America doesn’t care 😥 very sad and full of plastic I'm sure. We must share the earth with other life.
Source: USATODAY - 🏆 100. / 63 Read more »
Ninth dead whale found in San Francisco Bay AreaSAUSALITO, Calif. (AP) — Marine mammal experts are concerned about the death of a gray whale that washed ashore in San Francisco. myop.. quickly grab the skin and blubber and make haste to make oil and plastic products.. one less whale elsewhere that is used to help cover the need for plastic wears and items.. / offer meat to the other fish in private tanks.. // Vets like food too.. Is it still there? I’d like to go pay my respects to this magnificent creature Probably overdosed on discarded drug paraphernalia .
Source: YahooNews - 🏆 380. / 59 Read more »
Another dead gray whale washes ashore in San Francisco Bay AreaA dead gray whale washed ashore California's San Francisco Bay Area on Monday -- the ninth one this year, scientists said. let me know when rosie washes up 😠 MiTcH_ArTs It's the cans! He don't like the cans!
Source: ABC - 🏆 471. / 51 Read more »
San Francisco poised to make stores accept cash, saying cashless businesses hurt the poorSan Francisco is about to require brick-and-mortar retailers to take cash as payment, joining Philadelphia & New Jersey in banning a growing paperless practice that critics say discriminates against low-income people who may not have access to credit cards AMERICA wants their country back, after the disaster OBAMA nearly destroyed it. America does NOT want another LIBERAL OBAMA trying to lead our country again They have their bank cards It does when the credit industry gives out credit like candy in the early 90 and now with only the pretty and family having jobs a lot of ppl were put in debt credit score ruined and now no credit cards are issued humm now utilities and stores are going cashless
Source: latimes - 🏆 11. / 82 Read more »
San Francisco Investigates Doctor Over Measles Vaccination ExemptionsCity officials are investigating whether a pediatrician illegally gave medical exemptions to parents seeking to not vaccinate their children for school entry, as the U.S. struggles to get control of a growing measles outbreak. Harassment. I am sure they have not issued a subpoena for any pro-vaxxers, because the pro-vaxxers agree with political views of San Francisco residents. (Who, one and all, so know 'science'.) socialism Dr. Kenneth Stoller may be a threat to the health of more than just his patients. PublicHealthThreat
Source: WSJ - 🏆 98. / 63 Read more »