50% of take home pay on housing? - I’ve been able to rationalize this is my head but need neutral people to tell me if it’s stupid.

I’ve been renting (with my spouse) in a HCOL city for over a decade and sick of it. We want to own! But the only housing we’d ever buy would have a monthly payment of about half our take home pay.

I know it sounds bad! But we did the numbers and currently spend 25% or less of our take home every month on all expenses not including housing. So even if we use 50% on housing, we’d still have 25% or more to save.

We have the down payment, closing costs, and an emergency fund. Housing is our biggest priority in life so is it idiotic to spend half our take-home on it? I know this goes against even the most lax advice.

Berkshire is hoarding so. much. cash.

Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ... See More rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

🔺 Student Loan Delinquencies Hit Record 12.9%...
The spike in red reflects financial strain returning fast. Credit card delinquencies are rising too, hinting that lower-income consumers might be nearing a breaking point. What's going on...

#ASX:ASN Is Anson Resources’ US$330M Financing Deal the Key to Unlocking Utah’s Lithium Potential?