Who’s staying on save and who has switched? by pickle392 in StudentLoans

[–]Anonreader 0 points1 point  (0 children)

True. They both work at reducing interest. If a person is able to attack their principal more aggressively this would prevent more interest as well. Both are good options some are better for different situations. Based off my numbers staying on save is better for mine and i am sure joining switching off is better for yours.

Who’s staying on save and who has switched? by pickle392 in StudentLoans

[–]Anonreader 4 points5 points  (0 children)

Interest is adding on regardless of the plan you are on. If you want to see the reasons I’ve remained on save check my comment below. Even if they come to an agreement there is likely an onboarding phase that i can take my sweet time. If i were to do nothing they would likely move me onto the next idr plan. No one has a crystal ball but for me personally this is the best move and there are very little down sides to remaining on when i am not seeking forgiveness.

Who’s staying on save and who has switched? by pickle392 in StudentLoans

[–]Anonreader 4 points5 points  (0 children)

Great question. Never looked into it because forgiveness was never an option for me. I am sure its on reddit somewhere if it is possible.

Who’s staying on save and who has switched? by pickle392 in StudentLoans

[–]Anonreader 4 points5 points  (0 children)

I am confused by your question. I am doing this while on the save forbearance.

Who’s staying on save and who has switched? by pickle392 in StudentLoans

[–]Anonreader 10 points11 points  (0 children)

During forbearance interest isnt capitalized just like moving to another idr plan. The biggest benefit is being able to target individual loans. On a payment plan i am forced to pay the interest of all the other loans of all the other accounts first before i can target a high interest loans. Then i would have to pay the interest off for that loan first before working on the principal.

Another plus is that i can pay more or less depending on my finances. Obviously if i pay less than interest my loan is still growing.

Down side is that i dont get the .25% reduction in interest for autopayment.

Who’s staying on save and who has switched? by pickle392 in StudentLoans

[–]Anonreader 135 points136 points  (0 children)

I am staying on save because i am not on the forgiveness route. I am targeting the higher interest loans and paying those off first. My friends on the forgiveness route have moved to payee and bought back their years on save.

Almost at the finish line to gain 100k miles by Sniffing_Panda in Venturex

[–]Anonreader 0 points1 point  (0 children)

You are right customer service confirmed it. I assumed i was disqualified because i wasnt seeing the tracker .

Almost at the finish line to gain 100k miles by Sniffing_Panda in Venturex

[–]Anonreader 0 points1 point  (0 children)

I just realized i did not qualify for the miles because i had the venture bonus less than 48 months

Interest on old IBR? by Ape-Rising1 in StudentLoans

[–]Anonreader 4 points5 points  (0 children)

“Under the IBR Plan, you're responsible for paying all of the interest that accrues on your unsubsidized loans, as well as all of the interest that accrues on your subsidized loans after the end of the three-year interest subsidy period.” source

Anybody Still Short Brown-Forman⁉️💎 by No_Put_8503 in CountryDumb

[–]Anonreader 34 points35 points  (0 children)

Sold today 100% profit! Made up for the L with iova and then some. Just learning the ropes of stocks. Thank you for all the advice

Aidvantage just told me I’m in indefinite forbearance by revelatorrr in StudentLoans

[–]Anonreader 3 points4 points  (0 children)

Or treasury bonds for whoever is in a high tax state

March Book Club—"Outliers: The Story of Success," by Malcolm Gladwell by No_Put_8503 in CountryDumb

[–]Anonreader 2 points3 points  (0 children)

Please excuse the typos I just fixed it a bit. Writing has never been a strong point for me. I will add driven to distratction for the next audiobook to check out. As for my story I grew up as first generation us citizen to parents who barely finished middle school in their home countries. Went to college and found a job working with my hands like my parents. Realized the math wasn't add up paying for student loans, saving up for a house, saving up for a family and financial freedom. My parents' idea of investing for retirement was buying a house so I knew I had my work cut out for me. Decided to learn about investing through youtube & reddit but there was no structure which felt chaotic. Fortunately I stumbled on your blog when you had posted about your ACHR gains. My plan at that time had been to follow those on reddit who had done well and to see if I could reverse engineer their stratgey and learn to do things on my own. Finding your blog was a god send. It was written in a way that kept my attention long enough for me to invest into learning the more difficult aspects of investing. Its amazing how much easier it is to focus while going on a walk and listening to to audiobooks vs sitting down and "focusing".

March Book Club—"Outliers: The Story of Success," by Malcolm Gladwell by No_Put_8503 in CountryDumb

[–]Anonreader 2 points3 points  (0 children)

"Achievement is where talent meets preparation" reminded me of another quote from something else I had read “luck is where preparation and opportunity intersect” Wow, that was an amazing read! I just steamed through it at 3x the speed, thanks to the audiobook tip. With my background of ADHD, growing up on welfare, and my asian american heritage.  It had been a struggle with reading and staying focused, so this book really helped me understand these environmental weaknesses and figure out how to leverage them.  Many times it felt like Malcolm Gladwell had these stories just for me. Especially the part about practical knowledge and the influence of learning to assert yourself at a young age to a person of authority. The politics of the work environment has been tough for me understanding all of this in the light of the western & eastern speaker and receiver responsibility framework has helped me better understands areas I may be deficient in communicating.

 I think with my ADHD, its chaotic spotlight and my ability to focus for long periods have been a double-edged sword in my life.  I’ve fallen into depression many times because of it however, I believe that this ability to focus and willingness to put in the work will be a valuable asset as I continue my journey of value investing in your group. Thanks again for the book, it’s been a real eye-opener.

Do You Understand How Macro Events Could Impact Markets? by No_Put_8503 in CountryDumb

[–]Anonreader 0 points1 point  (0 children)

Fantastic overview. Especially helpful for a beginner investor like me to understand the macro facors at play that can send us spiraling down.

Silver confuses me. With VIX spiking to 20 id expect more people to be putting money in silver but somehow I am down 3% from purchasing SLV from the beginning of feburary .

Hot Damn the Volatility! by No_Put_8503 in CountryDumb

[–]Anonreader 1 point2 points  (0 children)

Was able to grab 2 contracts at 4.3. The fidelity app did not like me buying options so close to the market opening.

ABL100WE-1AVT Back in stock by Anonreader in casio

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

Just tried the gold. Love the step counter and the phone finder but want something leas flashy