Want to retire someday? Start investing.
Planning to retire someday? Stop wasting your money on nonsense.
Dreaming of retirement? Maybe stop treating every payday like a mini lottery win.
Future you thanks me.
@theficouple
To feel trapped in a home that’s fully paid for is like lamenting the weight of a crown. It seems the freedom bought by their own prudence is now seen as a prison.
How quickly blessings are rebranded as burdens when viewed through the lens of entitlement.
@GuyTalksFinance
100% respect this. There are cruises that do the same.
Plenty of instances where people would just not like kids at their wedding.
Plenty of instances where people would like kids at their wedding.
Nothing wrong with either. Enjoy your day.
@DudespostingWs
Nothing quite like showing someone a video you like and then having them be disinterested.
You will never see another video from me again.
@shefska
My favorite is the optional sales commission which they are also required to write (NOT REQUIRED BY LAW) beside. Did you want to tip $1,200 for someone adding a bunch of fees to your bill? Because they want you to.
@TeamHerrold
The gingham button-down paired with the comfort of flip flops and shorts suggests a casual yet functional approach to life, typical of a Silicon Valley tech guru.
The sleeveless North Face vest not only battles the chilly air-conditioned confines of tech campuses but hints at an
@MoneyJrod
Regardless of your reasons for leaving, keep the tone of your letter professional and positive.
There's no need for a lengthy letter - keep it to the point.
Personalize the letter with your sincere thoughts about your experience with the company.
Close with a statement of
@GuyTalksFinance
Nope. I'll crush your own argument with the SAME person:
A 30-year mortgage is "the best instrument in the world," Buffett says.
I can find multiple things he said on BOTH sides of the table.
As per usual, it's a case-by-case basis and depends on the person. Saying one is
@gas_biz
Infinite banking is marketed as a way to become your own banker, but as with any financial strategy, it’s essential to thoroughly understand the risks and commitments involved.
@LaurenVriens
When it comes to financial notation, "$10M" is the more commonly used and widely recognized abbreviation for "ten million dollars." The notation "$10mm" might be used in some industries, like engineering, to denote "millimeters," which can lead to confusion in contexts outside of
@GuyTalksFinance
Can you explain this? Where are you getting discounts paying cash? The dentist? lol
If you're frugal and don't make bad decisions, the card is used for a purchase you would've paid cash for anyway.
Therefore, getting any amount back is a bonus.
I'm not talking about people who
@SaiyanFinance
Calling bonds "terrible investments" overlooks their role in a diversified portfolio. While they may not offer the sky-high returns of more volatile investments like stocks, bonds are prized for their stability and predictability. They provide regular income through interest
@SullyBusiness
Ah, the classic mid-life 'find-yourself' expensive edition - nothing like a hefty dose of student debt to spice up domestic bliss. On a serious note, I'm sorry about your friend.
@walkyoutowealth
First class is a nice experience. He should do it at least once. Not saying it's the BEST frugal choice. That being said, especially if it's a long flight, you won't be angry you made the purchase.
@HUDMultifamily
I'd expect each workout to come with a motivational speech from a celebrity trainer and a live orchestra to play my pump-up music.
I have one for next to nothing. One of the very few perks of living in an HOA.
$20 to most popular reply.
Make me smile.
Someone else made you smile? Vote by liking their reply.
Payment is a $20 amazon gift card via e-mail (DM to me if you win). Winner should be obvious by counting likes.
May do this contest regularly.
@gas_biz
Thanks. I carry a term life policy. The best policies are either term life if you need the insurance or none if you don't.
Longer life insurance policies cost more and lock you in. Bad deal. You only need a big policy when family is young.
If I die, my wife still wants shoes.
@GuyTalksFinance
@ReaperCapital
To his point, you're FAR more likely to win a case on a credit card than you are a debit card.
That's been my experience with any bank I've ever dealt with - maybe there are better ones out there.
Credit card companies will generally come to bat for you.
@mhprvpmvp
Eventually (probably... maybe), you will learn that those of us with mountains of money have zero need to show it off. It's all the people in the middle battling over "status". For the ones on top, we look like an average nobody. That's how we want it.
Where do you park your "cash"?
I normally keep at least 6 months or more of living expenses in “cash”. If you normally keep around $40k to $50k in “cash”, the difference between getting paid 5% and 0.2% is around $2k per year.
I’m using $SGOV, $SHV, and $BIL as my cash
@GRomePow
If she's on the mortgage, she needs to pay. If she's on the title but not the mortgage, he needs a lawyer. He also needs to get some roommates. The loan is at 4.625%. He can rent out the rooms and cover the mortgage. That should be at least a 3 bedroom home.
@SpaceCoastCRE
I've never met someone who called themselves an alpha that wasn't a pathetic loser trying to compensate.
I pity anyone who would put up with that in a partner, male or female.
@GrindeOptions
Depends if you mean retire
@20
or you're talking about retiring later in life, but you get to start with 500k
@20
.
In the latter, as long as you don't invest stupidly, you could make it.
@GuyTalksFinance
Let's play a game.
I make $100,000,000 a year.
You get to make $10 a year.
You pay $1 in taxes and I pay $100,000 in taxes.
Oh hey, look at how amazing I am. I am so amazing I pay 100,000x more taxes than you do.
#logic
@wanyeburkett
You'd be hard-pressed to find someone that believes in vows more than I do.
That being said, I have the mental capacity to understand people view things differently. Whether or not I agree with them.
@SelfMadeMastery
Masculinity, in its purest form, provides warmth, guidance, and protection.
It is not the essence of masculinity that is troubling, but its misuse, much like any powerful tool.
@MarketPalmer_
If you're paying too much, call the department to cancel. They will usually get you a really good deal. Any other department generally likes to take all your money.
@Lifeinvestmoney
If you just invest $1 in a winning lottery ticket, you'll be a millionaire many times over. Winning lottery tickets outperformed Bitcoin. Why aren't more people doing this?
@GuyTalksFinance
Just no.
Ignoring interest rates when organizing debt is not prudent financial management. Interest rates play a crucial role in determining the cost of debt over time. Prioritizing debt repayment solely based on the size of the balance, without considering the interest rates,
@FluentInFinance
For starters, you generally have some good posts.
This is not one of those posts. For starters, those aren't anywhere NEAR $10 decisions. None of them are things people are only going to purchase once or for one month.
So many people are stuck in poverty/debt because they don't
mREIT Glossary for anyone reading our analysis and not knowing all the terms. Here you go:
NAV = Net Asset Value
BV = Book Value. Generally equals NAV for mREITs and BDCs.
MBS = Mortgage-Backed Security. A type of asset securitization which is secured by a pool of underlying
@gas_biz
From the sounds of it, your dilemma came about by your huge success. I doubt having an MBA would give you any new information at this point.
That being said, it may be time to see if you can take some of your work and put it on another's plate.
@realEstateTrent
Having to compete for workers is not an unintended consequence. It is precisely the intended consequence. The free market was raising wages, but Powell added trillions to the debt to fight against wage growth. Now we have mandated wage growth + extra trillions of debt.
@GuyTalksFinance
My mortgage payment is under $1,400 per month. 3 bed, 2.5 bath. Middle class area. Maybe upper middle. When the mortgage is paid off it would be about $400/month. Factoring in inflation, it'll probably be $500/month. A decent 2 bedroom apartment is over $2,000 here.
@Invested_In_You
The S&P 500 is widely recognized as a key gauge of U.S. equities performance, making it a familiar benchmark for both professional and casual investors.
This familiarity often leads to its default use as a comparative tool, regardless of whether it's the most fitting benchmark
Dear Jerome Powell,
I just had to write you a quick note to say how truly impressed I am with your handling of the economy. It's amazing how you manage those interest rates - like a magician pulling rabbits out of a hat, except the rabbits are sometimes lions that might bite.
@realEstateTrent
Well, I've heard rumors of a mythical land where the air smells like freshly baked cookies, the streets are paved with bubble wrap, and the only danger is running out of popcorn during movie night. But shhh, it's a well-guarded secret known only to those who... oh wait,
@GuyTalksFinance
Investing doesn't have to be a rollercoaster of emotions. Stick to the plan, ignore the market buzz, and watch your investments grow at a pace that lets you sleep peacefully at night.
@girdley
Just my take - I know you do things very differently.
In general, I do not like meetings. The vast majority of people I work with (thousands) share the same sentiment. Because of that, I try to keep meetings as simple and to the point as possible. Personally, I'd try to keep the
@StockSavvyShay
Watching day traders ignore long-term investments is like seeing sheep line up for a magic show at the edge of a cliff.
Spoiler alert: the disappearing act is their money.
@winslowmarshall
Just from the picture, it doesn't look like that'd take a chainsaw to deal with.
In the event that it would, maybe borrow a chainsaw from a neighbor instead of purchasing one?
@thexcapitalist
Everyone’s a genius in hindsight. ‘I knew $AMZN was a steal at $86!’ Oh, really? Was that before or after you checked the future stock prices in your crystal ball?
@buccocapital
It's like watching a slow-motion train wreck while the policymakers stand around debating whether to put out the fire or just fan the flames.
@JSpitTrades
That's what happens when you get fat.
Your clothes feel like they aren't going to be in one piece for much longer.
If you wouldn't like the feeling to stop, I suggest diet & exercise.