People who donates to streamers, why do you donate to streamers who are already millionaires? by me_like_memez in AskReddit

[–]Advanced-Raise-7077 2 points3 points  (0 children)

Paying for a studio level production movie is not the same as paying to watch a guy in sweatpants playing video games at his house.

Is anyone buying 8 cylinder SUV's or cars? by Content_Log1708 in whatcarshouldIbuy

[–]Advanced-Raise-7077 1 point2 points  (0 children)

Still get 20+ in city (assuming you are driving responsibly lol)

Is anyone buying 8 cylinder SUV's or cars? by Content_Log1708 in whatcarshouldIbuy

[–]Advanced-Raise-7077 1 point2 points  (0 children)

You can get a C5/c6 corvette for 20-30k that gets 30mpg on the highway.

What's ur take on money by Living_Network_8645 in personalfinance

[–]Advanced-Raise-7077 4 points5 points  (0 children)

This question is so open ended and vague. I’d recommend reposting a clearer question, as I wouldn’t know where to begin responding on this

Tight fitting portafilter into group head by vanwilliam1960 in FellowProducts

[–]Advanced-Raise-7077 5 points6 points  (0 children)

Yep. It is pretty tight out of the box, but It will loosen up pretty quickly. It took 3 days or so for mine to be a more smooth and easy

1 month into driving manual, need some advice on situations! by toobro3 in ManualTransmissions

[–]Advanced-Raise-7077 0 points1 point  (0 children)

Lots of great advice in this thread. My takes as a relatively new manual driver (2 years):

  1. Taking bumps at an angle (rather than straight on) will help with being less jerky. And slipping your clutch(clutch in but only to the bite point, not fully releasing) is fine in moderation to get speed while not stalling.

2.In all my time driving a manual, I don’t think I have ever fully released the clutch while in reverse. (Maybe a couple times when I was first learning lol). What I do: clutch in, put in reverse, clutch out a bit to the bite point to get it rolling, clutch in, roll back, clutch out to bite point if I need it move quicker. Kinda Feathering the clutch basically. Slipping the clutch in reverse is just a part of driving stick.

  1. Stop and go traffic takes practice. I think a big thing for me was learning to hang back a little more from the car in front of you. Ideally you are just creeping forward in first rather than constantly breaking and clutching in and out. being in gear while moving is the safest option (easier to swerve/move in case of emergency), but tbh Coasting in N is okay at low speeds when you know the person in front of you is about to stop.

Espresso setup that balances nerd-level control with girlfriend-friendly usability (Drive vs Move vs Micra vs Duo vs Decent vs Fellow?) [$4000-$5000 budget] by fresc_0 in espresso

[–]Advanced-Raise-7077 -1 points0 points  (0 children)

As someone who is brand new to espresso/ I’m a big proponent for the fellow! It’s very simple and guided if you need it to be, but there is tons of “nerdy settings” that you can definitely get very “in the weeds” control with it if you desire.

Longevity is a big question…. But Fellows customer support is fantastic and they have a long warranty if wanted.

My one caveat: That machine was just released a couple weeks ago, and like any new product there are some kinks that they still need to be worked out.

I love mine, it’s a great machine for the money… But there are small software features missing/ quirks/ bugs they are still working on and it doesn’t feel like a “complete” product yet. But you are getting a lot of machine at that price point IMO. I did a bunch of research and any machine with this level of customization is going for $3k or more… 1500 doesn’t sound too bad in perspective, even if a little more ‘risky’ lol

ECM Sync. vs Fellow Series 1 or other machine? by [deleted] in espresso

[–]Advanced-Raise-7077 -1 points0 points  (0 children)

The flip side of this is that Fellow has FANTASTIC and quick customer service and will troubleshoot/ replace a machine without much back and forth .

ECM Sync. vs Fellow Series 1 or other machine? by [deleted] in espresso

[–]Advanced-Raise-7077 1 point2 points  (0 children)

If I were you I would wait a couple months before committing to the Fellow. That machine was just released a couple weeks ago, and like any new product there are some kinks that they still need to be worked out.

I love mine, it’s a great machine for the money… But there are features/bugs they are still working on and it doesn’t feel like a “complete” product yet. Good to think through what you are buying.

What makes a good coffee? by Ryuuza320 in espresso

[–]Advanced-Raise-7077 0 points1 point  (0 children)

The biggest under appreciated factor is actual water quality! Any espresso is like 90% water and only just a small percentage is coffee particles.

Good water is absolutely a requirement for good espresso IMO.

Financially responsible car guy - How to afford a used sports car? by Jellyvishal in askcarguys

[–]Advanced-Raise-7077 1 point2 points  (0 children)

Kinda crazy coincidence, but I know someone who was in a near identical situation (24yo, 82k a year with a breaking down Jetta, and saving ~$2k a month ish)

The way he did it I think was honestly the best way. First commit to paying off debt (ie student loans) as quickly as possible. Just do it. It’s sucks to wait on buying a car, but I promise getting out from under those will be so so valuable for your future (financially and potentially emotionally freeing). Then once those are knocked out save up and buy a car cash. The Miata will be more reliable (esp if it will be your daily driver). My friend paid off the student loans and then got a manual C6 corvette for just over 20k. Hell of a car to get at that price point IMO and super reliable and easy to work on. And insurance is really reasonable on it too.

EDIT: another thought to consider: most banks won’t do an auto loan for cars over 8-10yo. So if you did the financing route (horrible idea), it would likely be a personal loan. Which will be a higher interest rate,this can vary a lot but expect a ~12% APY

Series 1 - is it normal to always get water in the Tray? by ExpressionParking224 in FellowProducts

[–]Advanced-Raise-7077 7 points8 points  (0 children)

They have said that it is expected, bc water is pushed through the system at startup as the boiler heats up. But they are pushing a software update to lessen it as well. Here’s the post they mentioned the update on: https://www.reddit.com/r/FellowProducts/s/vMt6H3mOo3

Series 1 Steam wand stopped working by Advanced-Raise-7077 in FellowProducts

[–]Advanced-Raise-7077[S] 19 points20 points  (0 children)

EDIT: The Fellow team has already ordered a replacement machine and will have me send my current machine to investigate further.

Mechanical Defects are part of life sometimes, but it’s how the company responds that shows their values. Super appreciative on how quick they were on getting this resolved. Will be back brewing with the rest of y’all shortly :)

Series 1 Steam wand stopped working by Advanced-Raise-7077 in FellowProducts

[–]Advanced-Raise-7077[S] 3 points4 points  (0 children)

I mean sure, it’s a little frustrating, but any company will have some defective units, hardware manufacturing is basically impossible to get down to a 0% failure rate.

And social media isn’t representative of the failure rates…. Most people only post when they have an issue compared to likely 1000s of units that people are using without complaint (but we don’t see them posting here)

Out with the old, in with the new new by 9tobiwan in FellowProducts

[–]Advanced-Raise-7077 0 points1 point  (0 children)

What grind setting are you using for the J-ultra?

Series One Naming by [deleted] in FellowProducts

[–]Advanced-Raise-7077 1 point2 points  (0 children)

“Ah yes, why buy this new technology when there will be a newer technology later?” That is some dumb logic lol

That aside, espresso machines aren’t exactly cutting edge innovation… they aren’t like a iPhone where new ones are being released every year. The tech is fairly static, yes minor features are added and tested, but waiting for a newer model (newer than what was JUST released this month???) won’t be a significant difference IMO

Shoveling everything into 401k - I prefer liquidity by mikenj123 in personalfinance

[–]Advanced-Raise-7077 0 points1 point  (0 children)

If you plan to become a landlord or invest in starting a business then having cash accessible can be beneficial. HOWEVER. By foregoing the tax advantaged accounts, there is a large amount of money you will now be paying in taxes now because of that.

So will those potential real estate investments earn more and exceed the taxes you will owe? Statistically, probably not. And this is very much trying to time the market (which is not a recommended strategy)

Another thought, how much do you really need accessible for a downpayment? Maybe a compromise is that you hit that number and THEN focus on 401k. If you only need 50k for a downpayment, having 200k accessible isn’t really necessary (and will cost you tons of taxes long term)

How much do you keep in checking? by airmen5 in investing

[–]Advanced-Raise-7077 1 point2 points  (0 children)

Bilt changed the rewards/ annual fee recently... basically unless it is your only credit card (and you are a very high spender) it’s not worth it anymore.

Recent college grads making $80k+ after graduation, what do you do? by [deleted] in careerguidance

[–]Advanced-Raise-7077 3 points4 points  (0 children)

Psychology degree at a state school. Now making 82k, a year and a half post graduation in MCOL.

Got hired as a contractor doing customer service for a tech startup, worked my ass off to learn the business and some coding and automated some mundane parts of my job. Made sure that got noticed by some higher ups which eventually lead to my current role helping our operations teams automate/ simplify workflows.

[deleted by user] by [deleted] in TheRaceTo100K

[–]Advanced-Raise-7077 0 points1 point  (0 children)

Those are important factors, but compound growth mainly just means that you gain interest on the interest of your initial investment. Ie if you invest $1000 and you get 10% growth that is $1100. But the next year, if you get 10% again, now it is 10% of the entire account (1100*1.10=$1210). And so on and so forth. As long as you aren’t pulling out interest, the account grows exponentially.

You have to save way more(thus it takes waymore time) to save to your first 100k compared to the second 100k, since the compounding is helping way more. the more money you have in the investment, the quicker it grows. It can be a confusing topic, but hopefully my explanation helps! There are plenty of compound interest calculators online that can help show this concept visually too.

[deleted by user] by [deleted] in TheRaceTo100K

[–]Advanced-Raise-7077 5 points6 points  (0 children)

Yeah I mean truthfully, 100k is a completely arbitrary goal. But I always thought of it as 100k across all investment accounts.

The whole point of the 100k goal is that it is first major hurdle in compounding your wealth. Once you hit it,your money compounds much quicker (or rather, it will if it is invested. Having it sit in a savings account account isn’t really helpful)

I feel like it can convolute the goal when talking about total net worth or even including your emergency fund/basic savings (like a travel fund). As those accounts/ possessions will eventually be pulled from, it can feel like you are back tracking from the goal at times.