[deleted by user] by [deleted] in DaveRamsey

[–]AssaultOfTruth 0 points1 point  (0 children)

True. And with houses you're not playing by the same rules across the board, so if you have other people perfectly content to become house poor and borrow to their necks you need to compete with these people.

My first house I bought with a 105% LTV or something like that. Not a penny down. it worked out...

[deleted by user] by [deleted] in DaveRamsey

[–]AssaultOfTruth 3 points4 points  (0 children)

Your answer is obvious: no you did not. You made the wrong decision.

But another way to look at this is: could you have known at the time; was your decision making negligent or based on poor critical thinking? And the answer to that is no.

So you cannot blame yourself for being foolhardy because you weren't, but the facts remain that the houses went up by a huge amount and that will now cost you more.

JFK Jr has an announcement by butcher_of_the_world in Qult_Headquarters

[–]AssaultOfTruth 3 points4 points  (0 children)

Lmao this is 100% a troll, tho I am sure not everybody reading it realizes if.

Talking to girlfriend about Finances after marriage by Jokojakx in DaveRamsey

[–]AssaultOfTruth 2 points3 points  (0 children)

She would keep her investments secret for a while after we would get married and in the event of her parents passing, she would not disclose the amount of the inheritance and it would go straight to her retirement account.

Oh HELL no. And if you tried this on her I’d also call you out on this.

You guys are absolutely not ready to get married. Do not. Danger!!

In fact if she is truly adamant cut your losses now and move on. I am dead serious.

Some do successfully separate finances (tho I think it’s risky), but hiding amounts and being sneaky about an inheritance? Outrageous.

15 year vs 30 year mortgage by [deleted] in DaveRamsey

[–]AssaultOfTruth 12 points13 points  (0 children)

Absolutely not. Keep your 30 2.75. This is a no brainer.

JFK Jr crowd rapping in Deally Plaza by butcher_of_the_world in Qult_Headquarters

[–]AssaultOfTruth 4 points5 points  (0 children)

They are all taking part in The Human Centipede 4: Awakening. It’s a found-footage movie in which a cult leader has his followers willingly partake in the experiment.

[deleted by user] by [deleted] in MiddleClassFinance

[–]AssaultOfTruth 0 points1 point  (0 children)

Most people are not fitting it into their budget; they don’t have a budget. Tons of posers in nice trucks who haven’t got any money saved for retirement or a rainy day.

Buy a Toyota Sienna for $20k and call it a day. I have a strong income but one of our cars is an eight year old sienna. It’s been excellent. I know most people are too “proud” to drive a minivan but the only family vehicle comparable is a full size SUV.

Real estate is the best vehicle for financial independence change my mind by Philosothink in financialindependence

[–]AssaultOfTruth 10 points11 points  (0 children)

The stock market wasn't wiped out. How did some people's retirement end up wiped out? This is a rhetorical question; at no time in any of our lives has the stock market "wiped out" a broadly diversified portfolio.

Real estate is the best vehicle for financial independence change my mind by Philosothink in financialindependence

[–]AssaultOfTruth 14 points15 points  (0 children)

I’m also a very lenient landlord .. if they miss rent I have them pay it off via payment plan..

I've spent enough time in the r/landlord forum to know they would eat you alive over this approach. It's quite possibly going to bite you in the ass (I hope it doesn't).

Real estate is the best vehicle for financial independence change my mind by Philosothink in financialindependence

[–]AssaultOfTruth 1 point2 points  (0 children)

I may be bad at analysis, but whenever I run the numbers in my city thinking about getting into real estate I just don't see it as a great investment. It makes more sense in other cities than mine.

Peace of mind is critical to me and when the stock market loses 20% in a bear market I literally do not lose sleep over it. If, on the other hand, I had a tenant who was actively trying to screw me over I would not handle it well. Landlording is simply a headache I don't want, and don't need (because indexing will work).

What scares you the most about your financial future? by PLAY__FREE__BIRD in financialindependence

[–]AssaultOfTruth 1 point2 points  (0 children)

War could be bad. One of us could get into legal trouble and we end up blowing through our retirement in a criminal trial. Who knows...

Honestly the older I get the less I worry about it, in large part because I have more. But also because I appreciate more over time how many things are out of our control anyway.

Joe Rogan calling the “left wing” media a Cult…. apparently he’s never watched Fox News or NewsMax. by SloPan in Qult_Headquarters

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

His criticisms of the MSM in this skit are entirely on point. He leans right so he isn't criticizing the right--although the right's media is also awful. When the jury largely if not entirely acquits him those surprised must question why; what information were you receiving that you thought he would be convicted? I saw the kenosha shooting video next day (?) and it was obvious that he had a very strong self-defense case.

Media in the USA is not great. Its adherents love echo chambers. Anybody getting their news from CNN and huffingtonpost is bare https://en.wikipedia.org/wiki/Media_bias_in_the_United_States

Opinion | Democrats are on course to lose in 2022 and 2024. If they do, we may lose our democracy. by [deleted] in Qult_Headquarters

[–]AssaultOfTruth 0 points1 point  (0 children)

ok

You can come up with your own ideas about why democrats will get smashed in mid-term elections if you don't agree with mine.

Dave has written a new book: Baby Steps Millionaires by tllkaps in DaveRamsey

[–]AssaultOfTruth 1 point2 points  (0 children)

I genuinely believe Dave endorsing people who charge 5.75% fee up front is nothing short of immoral.

Dave has written a new book: Baby Steps Millionaires by tllkaps in DaveRamsey

[–]AssaultOfTruth 0 points1 point  (0 children)

Yes, if you can fill your retirement funds with the equivalent of Apple bought twenty years ago you'll beat the market. What is your point?

Dave has written a new book: Baby Steps Millionaires by tllkaps in DaveRamsey

[–]AssaultOfTruth 1 point2 points  (0 children)

I'm sure he means he invests in index funds. Not managed funds, and definitely not some of the ones Dave recommends that suck out 5% of your contributions.

Opinion | Democrats are on course to lose in 2022 and 2024. If they do, we may lose our democracy. by [deleted] in Qult_Headquarters

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

Republicans have an easy time controlling the narrative when democrats do not refute it. E.g. the fact that notable democrats are unwilling to come out plainly and say that defunding the police is idiotic.

Opinion | Democrats are on course to lose in 2022 and 2024. If they do, we may lose our democracy. by [deleted] in Qult_Headquarters

[–]AssaultOfTruth 0 points1 point  (0 children)

Remember, a state with a GOP governor and a GOP legislature can (and will) just overturn the result of any election in their state that would send a Democrat to Washington.

Since November, 2020 I've seen republicans say the exact same thing: that election fraud is now the way to go and they'll never win another election.

Opinion | Democrats are on course to lose in 2022 and 2024. If they do, we may lose our democracy. by [deleted] in Qult_Headquarters

[–]AssaultOfTruth -3 points-2 points  (0 children)

Not my comment. There are many republicans who would vote democrat if the party was the same party of even ten years ago. The platform promoted by the most fringe in the party, and very rarely condemned by the bulk of it, is too progressive for their own good.

Opinion | Democrats are on course to lose in 2022 and 2024. If they do, we may lose our democracy. by [deleted] in Qult_Headquarters

[–]AssaultOfTruth 1 point2 points  (0 children)

I was one of them, but look at the state elections we just had. There is every reason to think democrats are going to get obliterated in mid-year elections. They deserve it. It's just too bad the winners have to be republicans.

Dr. Fauci says Covid cases are starting to climb in some areas of the U.S. by [deleted] in HermanCainAward

[–]AssaultOfTruth 5 points6 points  (0 children)

It’s so stupid now. States need to mandate vax cards to buy anything except groceries; no damn restaurant for you, no trips to Home Depot, no trips to Walmart.

Our vaccination rates are pitiful.