cbanek
Joined 10 years ago
Joined 10 years ago
Sadly, I moved away from that town, and instead bought a 98" 4k TV. It cost about the same ($1500), and now I can't imagine going back to a theater. This size of TV gives me that same theater experience at home where I can see small details in movies that are hard to see normally on smaller TVs. My sound system isn't as great, good stereo pair, but I could easily improve that for another $1500.
Plus, those costs are generally one time costs, and this setup will likely last me at least 5 years if not 10. Going to a theater just doesn't make sense anymore.
Interesting timing.
It's pretty complicated, look up the Secure Act 2.0 for some of the recent changes to try to get more taxes out of retirement accounts.
Also, there's many times where the cost basis is stepped up, for example when someone dies and passes on assets to their beneficiaries. In this case the cost basis changes from what the dead person paid for it to what the beneficiary gets it for upon inheriting it.
Overall, I don't think this is a useful measure of anything though. What you might be interested in is the volume weighted average price, which gives an idea on how much people have paid on a stock in a recent window, based on the volume of trades and the price of those trades, reflecting what the average buyer's cost basis could be around.
Currently @VRO (Vera Rubin Observatory, the only Observatory named after a woman!).
Founder @TimesliceLabs. Former @SpaceX, @Blizzard_Ent, @Microsoft.
Feel free to email me, it's my HN name at Google's email reading service.