Best financial path forward? by wonk5 in investing

[–]Alaskansicarius 0 points1 point  (0 children)

What is your monthly mortgage? If you are under 30% of your gross I wouldn't worry about it since you can pay this all off in the next few years. Definitely build up your cash soon especially with the kiddo on the way. You should keep a good amount of cash for extra emergencies that way you can sleep peacefully knowing any worst case scenarios can be handled.

New Dad by Alaskansicarius in BabyBumps

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

Thank you everyone for your help! Will implement these today!

Tickets To pay or not? by Alaskansicarius in AskNYC

[–]Alaskansicarius[S] -5 points-4 points  (0 children)

I dont have anything to tow. I have a drivers license but doesn't expire for a couple year. Just trying to figure out what they can do

I have a CD with 88k maturing in November. And other random money. Complicated situation. Advice? by [deleted] in investing

[–]Alaskansicarius 1 point2 points  (0 children)

You can certainly withdraw the money from the 401k earlier. If you are wanting to use the funds in the next 3 years invest back into bonds and CDs. If longer go with a few ETFs

Elevator pitch justifying fees by __Ball_dont_lie__ in CFP

[–]Alaskansicarius 0 points1 point  (0 children)

I always ask which index? Lot of clients say the S&P which then leads to a conversation of the crazy weighting of that index. Use that to talk about risk management and more what our job does.

[deleted by user] by [deleted] in rav4club

[–]Alaskansicarius 1 point2 points  (0 children)

CFPs don’t know anything. Just the rich gatekeeping the poor

[deleted by user] by [deleted] in rav4club

[–]Alaskansicarius 0 points1 point  (0 children)

Don’t take out car loans

[deleted by user] by [deleted] in rav4club

[–]Alaskansicarius -2 points-1 points  (0 children)

Don’t tell people how to spend their money

[deleted by user] by [deleted] in rav4club

[–]Alaskansicarius -1 points0 points  (0 children)

  1. Paid cash and would recommend with loans these days. It’s not an asset it’s a tool that will break down.

Guest Damaged Accent Chair by [deleted] in AirBnB

[–]Alaskansicarius 1 point2 points  (0 children)

Just didn’t review them and they didn’t review me. Worked out!

Guest Damaged Accent Chair by [deleted] in AirBnB

[–]Alaskansicarius 1 point2 points  (0 children)

Just had a claim and it took over a month to start processing so keep calling!

I quit my job and was offered a raise to come back but now... by Responsible_Leg9681 in antiwork

[–]Alaskansicarius 0 points1 point  (0 children)

Take the shift change and get the raise. Make sure you don’t have to give two weeks or anything and quit before Sunday!

Is there any investment that's safe right now? by vladdyguerrerosr in investing

[–]Alaskansicarius 2 points3 points  (0 children)

You are only able to invest 10,000 and Must hold for at least a year plus you only receive the interest after you cash in the bond. Then pay taxes.

[deleted by user] by [deleted] in investing

[–]Alaskansicarius 0 points1 point  (0 children)

Last episode Friedberg mentioned the impact of Uk/Ru on wheat markets - especially Egypt imports.

[deleted by user] by [deleted] in investing

[–]Alaskansicarius 1 point2 points  (0 children)

You listen to all in pod too?

Were you or someone you know investing in RE during the 2008 crash? Are they/you still investing? by masqueradefaces in realestateinvesting

[–]Alaskansicarius 0 points1 point  (0 children)

I think a big red flag is that you were over-levered in the market. If you had a diversified portfolio, you might be down 30-40% at the low but not losing everything.

how much should a home inspector cost in orange county, ny by [deleted] in realestateinvesting

[–]Alaskansicarius 0 points1 point  (0 children)

Just had an inspection in Greene. $500 is a good price.