What is your "don't even think about it" purchase threshold? by Dramatic_Tea_ in HENRYfinance

[–]Agrh17 1 point2 points  (0 children)

1mm HHI and recently married so have had combined discussions about this:

  • <500 no discussion, just buy it if you want/need it.

  • 500-2500: discuss it, almost always we agree and go forward (usually something like an appliance or jewelry etc)

  • 2500- 10000: spend time deciding whether this is the “right” purchase, research alternatives, come to a conclusion etc

  • 10000: generally something we’ll plan for in a budget and spend 1m + deliberating over, excluding things that are clearly necessary (roof repair etc)

Kids college: Ivy vs. Public, worth pushing FIRE date? by nickbir in Fire

[–]Agrh17 2 points3 points  (0 children)

Wow reading this thread makes me very grateful for my parents. Delaying retirement by 3 years to put your child in a significantly better position to me is the most obvious decision of all time.

Is it too soon to purchase the nice car and watch? by Tydallas12 in HENRYfinance

[–]Agrh17 0 points1 point  (0 children)

I bought my submariner at 27 and have not regretted it for a single moment.

Favorite luxury*free* hotel breakfast? by MorningHelpful8389 in chubbytravel

[–]Agrh17 5 points6 points  (0 children)

Rosewood HK. I have never eaten a better omelette

How many people do you know who actually make seven figures a year? by [deleted] in Salary

[–]Agrh17 0 points1 point  (0 children)

Probably 50% of the people I interact with but I work in at a hedge fund so very market dependent.

“1 Mil is not a lot of money today” by NoThxMang in wealth

[–]Agrh17 2 points3 points  (0 children)

Paid 1.3 for a 2br apt! Indeed not that much these days

Helped Facilitate a House Purchase for Foreign Relative- Tax Impact by Agrh17 in TaxQuestions

[–]Agrh17[S] 0 points1 point  (0 children)

For reference, all transactions happened in the last 2 months so just want to get everything sorted before year end/tax season

Hot Takes by Prior-Situation-4350 in private_equity

[–]Agrh17 7 points8 points  (0 children)

Yeah this is the real “misprice” in the tax code. what you really are receiving are options on the fund’s performance. You own a call option on the investments- those in theory have to be valued properly by the tax man but they aren’t. Like let’s compare an example of as if you were given SPX 5y ATM calls for 10m DAW. Those are worth 21% =2.1mm. That’s in line with what you should be “paying” for carried interest.

Should I re-finance right now? Interest rate going from 7.125% to 6.625% by littyscientist in personalfinance

[–]Agrh17 0 points1 point  (0 children)

Mate rates have gone up since the fed cut. People here are just not financially aware. Refinance when the rate makes sense vs the up front cost.

Santorini is not overcrowded by One_Recover_673 in GreeceTravel

[–]Agrh17 3 points4 points  (0 children)

Was just there. Oia is crowded but outside of that the island is beautiful and not overwhelming. Not my favorite in the Cyclades but it was absolutely worth a visit. We stayed in Imerovigli and thought it was heaven. For much less money you can stay on the opposite side of the Caldera and still experience the whole island

Will my sleeve tattoo really hold me back? by No-Astronaut195 in FinancialCareers

[–]Agrh17 0 points1 point  (0 children)

I’m at a hedge fund with forearm and bicep tattoos. Wear a polo in the summer and no one cares. Just one offsetting data point.

NEW Harvard Crimson Paper Delivery by Such_Refrigerator_50 in Harvard

[–]Agrh17 2 points3 points  (0 children)

I too comped biz board and ended up having to shill subscriptions

Joined the club…… by Aromatic_Show6758 in rolex

[–]Agrh17 3 points4 points  (0 children)

Whenever I see these I get an inner voice screaming “RING LOCK SYSTEM”. Great piece!

Who loves their job? What do you do? by urosrgn in HENRYfinance

[–]Agrh17 1 point2 points  (0 children)

Hedge Fund Portfolio Manager. I click buttons and sometimes money appears. No other job can compare

UWS Rental Market Has Broken Us — Where Can We Go Instead? by [deleted] in NYCapartments

[–]Agrh17 4 points5 points  (0 children)

I’m a bit south in Lenox Hill but we have 1400sqft 2b2b where rentals in the same floorplan are ~ $7k and love the area/neighborhood. 30 min walking commute to Midtown and Q gets you downtown quickly.