For you @pandeyathotmail . $10.45 only for your lunch buffet in my hometown, Alameda.
1 Like
Pandeya eats curry 
Please recommend again 
I was at McDonalds at UC Berkeley (shattuck and University) yesterday. McChicken sandwich was selling for $1.89. Used to be a $0.99. I hope I read the menu right.
Change your eating habits or you wonât live long enough to enjoy your investments.
Inflation is great if you have a fixed loan. Property appreciation in the BA has always exceeded inflation. Plus with 5/1 leverage you can beat inflation with an 80/20 loan. Take risks and or watch your savings value go down.
Less risky than eating cheap buffet food or Mcdonalds
1 Like
it is indeed a little scary that people own abodes worth 7 figures and debate McDâs prices.
2 Likes
I think he was using it just as an example to showcase inflation. Ideally, inflation should be a basket of goods.
For e.g. Big Mac Index is used to explain purchasing price parity across countries.
Well McDonaldâs is used as a price measure since itâs worldwide. But not as accurate as before. However the FED is a better source. Seemly ignored by this guy.
Only 7?
8
Price of McDâs sandwich came in discussion to illustrate inflation.
Very good advice. Health comes before wealth.
Actually, sandwich is not just a sandwich. It has a complex value chain consisting of several suppliers like food growers, ranchers, dairy farmers, truckers, machine makers. . McD has been pretty aggressive in automation. I remember back in mid 1990s on a road trip from Minneapolis to Chicago stopping at a Mc Donaldâs in Wisconsin. First time I saw an automated fryer. It would carry raw fries in a basket , dip into boiling oil, fry it for a while, and then dump in the bin to be served from. On the way to Bay area from Yosemite in 2015, at a McDonaldâs in the city of Oakdale (if I remember correctly) , I saw the self ordering monitors. It was a novelty for me back then.
Long ago many retailers try these type of kiosks but fail. Guess is the UI. Btw, some banks have unmanned 
branches. You can open an account and do TT, not just normal ATM function.
In Iran they are rioting and being killed over fuel prices. Prices rising on stuff you buy everyday piss people off. Even it is a small part of your budget. Although the price of a sandwich doubling seems silly to worry about. Just shop somewhere else. Fuel price increases can be lethal. Gavin Newsom beware.
Looks like TD Ameritrade and Charles Schwab merger would lead to many operations moving from San Francisco to TX.
2 Likes
Biggest savings is from state corporate tax by moving operations to Dallas !
Texas 1%, California 8.84%, savings 7.74%
No wonder why both stocks jumped on merger announcement!
2 Likes
Why would any company stay in Bay Area or California?
We are so anti-business here. As small landlords, we already kinda know how bad it is.
I said elsewhere on the forum, Schwab has been moving jobs out of SF for the past decade, if not much longer. When I first started working, all my Schwab contact were SF based. By the time I left, they were all in Denver already.
I could say the same about Wells Fargo. Only a few high level people were in SF, everyone else I worked with were based in Wisconsin or North Carolina.
Schwab already has 2,300 employees in the Dallas area, nearly twice as many as the 1,200 workers it has in San Francisco.
4 Likes
People talk about high income people moving to CA and low income people leaving. Iâd love an explanation of why the population has doubled, but number of people paying state income tax is flat. It takes a pretty low income to not pay state income tax, so thatâs while lot of low income people moving into the state.
3 Likes
It has taken 40 years for the population of California to nearly double. And, I do not agree with the theory that high-income people move to California. High Net Worth people have very little incentive to move from wherever they are unless there is a risk to life or property. Usually, the lower-income or middle income younger people are more mobile. Parents may move along if retired.
https://journal.firsttuesday.us/wp-content/uploads/CA-Population-Growth-2018.png
https://www.tonymappedit.com/wp-content/uploads/2019/09/map-population-growth-by-us-state-2000-2018-768x548.jpg
