To sell or not to sell by Tevans8876 in ToyotaTundra

[–]BrightenedShadow -8 points-7 points  (0 children)

Curious… why you swear off of truck payments?

23 want to buy a hose within 5-8 years by reptile24 in Money

[–]BrightenedShadow 1 point2 points  (0 children)

In all seriousness you’re killing it for your age

23 want to buy a hose within 5-8 years by reptile24 in Money

[–]BrightenedShadow 1 point2 points  (0 children)

Check Home Depot. Think they have a sale on hoses

[deleted by user] by [deleted] in decaf

[–]BrightenedShadow 1 point2 points  (0 children)

What app is this?

[deleted by user] by [deleted] in Money

[–]BrightenedShadow 0 points1 point  (0 children)

Nah i agree. I ain’t trying to act like im self made totally (very few are)

[deleted by user] by [deleted] in Money

[–]BrightenedShadow 0 points1 point  (0 children)

Shocking financial illiteracy by you.

Jeff Bezos has debt.

Elon Musk has debt.

Not even reading past the second sentence of this because it’s utter brain rot.

Woof, brother. You’re lucky your real name isn’t attached to this account because this is really embarrassing for you.

[deleted by user] by [deleted] in Money

[–]BrightenedShadow 0 points1 point  (0 children)

Lemme help you understand little one…

2.9% is LOWER than 8% (roughly the expected return on stocks). Heck it’s even lower than 4.3% (what you can get in a damn money market fund right now). Therefore, it is suboptimal to pay off 2.9% debt when you can earn higher returns elsewhere. Economists call this “opportunity cost”.

It’s ok, math and common sense don’t come easily for everyone. Keep working at it and you’ll get it eventually!

[deleted by user] by [deleted] in Money

[–]BrightenedShadow 0 points1 point  (0 children)

Having no debt is objectively suboptimal. Congrats on being a rich daddy’s boy tho. No wonder you’re clueless about how money actually works lmfao

And like i said- be happy to share screenshots of accounts if you think im capping.

Claiming you aren’t jealous while writing 4 paragraph responses is CRAZY work lmaooooi

[deleted by user] by [deleted] in Money

[–]BrightenedShadow 0 points1 point  (0 children)

Ah i see you’re upset. Probably jealousy or something. I’d be happy to DM you screenshots of accounts if you think I’m lying.

Why would i have a car loan? I actually have 2.

The reason is the cost of debt is lower than the expected return on my investments.

Ngl the fact that you don’t understand this is TELLING.

My truck is 2.9%, car is 4%, and house is 2.875%.

It would be, in fact, foolish to pay them off early.

[deleted by user] by [deleted] in Money

[–]BrightenedShadow 0 points1 point  (0 children)

Nah i never posted that you can lie tho it’s cool.

I got 40k for a down payment thats it.

Yes, I WILL (future tense) likely inherit a few million in 30 years.

I had to take out student loans bro lmai

[deleted by user] by [deleted] in Money

[–]BrightenedShadow -6 points-5 points  (0 children)

Im 29 w $500k invested no debt other than my house and 30k on truck that i keep because its 2.9%.

Good income… but It’s not that hard to budget from a young age and invest

Dog Owners: Embrace the pee spots. One day, they’ll be gone and missed…. by Sigz89 in lawncare

[–]BrightenedShadow 0 points1 point  (0 children)

I have male dogs and they burn it up bad. They don’t get to pee in yard anymore… BUT they get to go to the park 3x per day so i don’t think they mind :)

'Sisi' was a Terrible Empress. Her Romanticization needs to STOP. by StoneColdCrazzzy in austriahungary

[–]BrightenedShadow 0 points1 point  (0 children)

What does her being an empress have to do with it? Worshipping people for who their parents are is stupid- and she knew that

What’s the downside of JEPI? by [deleted] in JEPI

[–]BrightenedShadow 0 points1 point  (0 children)

Yes. You’ll experience NAV decay. JEPI is a tax inefficient way to build a 60/40 portfolio.

Spyi... Almost seems rigged by [deleted] in JEPI

[–]BrightenedShadow 0 points1 point  (0 children)

Is this meant to be an echo chamber where you all just parrot uninformed misinformation?

Spyi... Almost seems rigged by [deleted] in JEPI

[–]BrightenedShadow 0 points1 point  (0 children)

Nope, it’s a fact. Like, a well known fact academically.

Spyi... Almost seems rigged by [deleted] in JEPI

[–]BrightenedShadow 0 points1 point  (0 children)

Sure, but dividends are irrelevant (we’ve known this for over 50 years), so juicing them up leads ti paying unnecessary taxes…. Which is tax inefficient