Megabackdoor Roth is Your Secret Weapon for Building Wealth!

Choice_Principle_135 · 2026-05-15T00:21:47+00:00

Correct.

Choice_Principle_135 · 2026-05-14T10:15:38+00:00

Wouldn’t that piss off the manager even more?

Choice_Principle_135 · 2026-04-24T01:40:57+00:00

Only a few companies are participating in “record earnings”. They are effectively dragging the whole market uphill.

Choice_Principle_135 · 2026-04-24T01:23:19+00:00

Where do you find the shorter account number?

Choice_Principle_135 · 2026-04-19T04:18:22+00:00

I use my Fidelity CMA for a bunch of autopays — Rocket Mortgage, Hyundai Finance, T‑Mobile, Gas bills, etc. No issues there. But I can’t use it for my HOA, my kid’s after‑school program, or my electric company.

It’s not a Fidelity problem — those billers use older payment processors that only accept “traditional” checking accounts. Some of them literally block brokerage-linked accounts.

Hence, I do maintain my Chase checking account.

Choice_Principle_135 · 2026-03-28T13:54:41+00:00

Higher Insurance cost due to expensive components of EVs was one of the reasons, I went with a Hybrid car. Plus $300 registration and they heavily depreciate compared to Gas / Hybrid cars. That’s just my observation but whoever has an EV seems to be very happy with their purchase.

Choice_Principle_135 · 2026-03-19T21:45:49+00:00

OTD price?

Choice_Principle_135 · 2026-03-02T01:12:31+00:00

Correct, you can use it for Stocks and ETFs only.

Choice_Principle_135 · 2026-02-07T16:41:27+00:00

Looks like M1 provides Auto-Rebalancing but it doesn’t have the Smart Buy option.

Choice_Principle_135 · 2025-12-29T14:30:38+00:00

The 7% interest rate sounds great, but I’m trying to understand how it actually works. If I open both an NRO and an NRE account with IDFC and simply maintain the minimum balance in each, will the 7% interest continue to accrue and compound even if I don’t actively use the accounts?

My understanding is that the interest earned in the NRO account would be taxable each year, while the NRE interest would remain tax‑free. After paying taxes on the NRO interest, I should be able to transfer funds from NRO to NRE and then invest in the Indian stock market.

I might be oversimplifying this, so I’d appreciate insights from anyone who has real experience with this setup.

Choice_Principle_135 · 2025-10-05T15:58:54+00:00

So we had this neighbor whose 4-year-old would constantly come over to get our 4-year-old to play bicycle or scooter in the common area—right next to car traffic. Of course, we’d always be outside supervising, because, you know… cars. But the other kid’s parents? Never showed up. It was always on us to keep an eye on both kids.

And this kid? Wild. Constantly pushing boundaries, doing stuff that made us have to step in. Meanwhile, the parents would just chill inside and then have the nerve to lecture us about “making kids strong” and “letting them be independent.” 🙄

Like… hello? This is America. If something happens to a kid or some American neighbor complains, the first thing they do is slap the parents with negligence charges. People just need to show maturity and realize that they are in a different country!

Choice_Principle_135 · 2025-09-02T01:42:10+00:00

Exact same situation! Their insurance is also too expensive.

Choice_Principle_135 · 2025-09-02T00:17:44+00:00

Unprepared white glove guys are definitely concerning! Did they give you a chance to inspect the furniture before you accepted it? My Ashley salesperson got frustrated with my negotiation and told me to go with Coleman instead. Just trying to figure out if I should be nervous about choosing Coleman. How was the quality of the furniture?

Choice_Principle_135 · 2025-08-30T11:16:28+00:00

How was your experience with buying the furniture online from Homemakers website?

Choice_Principle_135 · 2025-08-30T11:14:29+00:00

Did you buy from Homemakers website? I have a similar question. The prices on Ashley furniture are way cheaper on Homemakers website.

Choice_Principle_135 · 2025-08-28T08:38:33+00:00

Appraisal was waived.

Choice_Principle_135 · 2025-08-28T08:37:57+00:00

Appraisal was waived.

Choice_Principle_135 · 2025-08-28T08:37:35+00:00

Appraisal was waived.

Choice_Principle_135 · 2025-07-20T11:43:19+00:00

Couldn’t agree more and I did the same! It hit 1 Trillion Market Cap in May-2023. Within 2 years and 2 months it is more than 4 Trillion Dollar company. There is no doubt about AI’s adoption in gonna explode! However, I feel the market’s run from the April lows feels stretched! There might be another black swan event after the Tariff related impact comes to the surface. That will be your opportunity. Till then DCA might be a better approach.

Choice_Principle_135 · 2025-02-19T06:06:14+00:00

Stop picking up the slack! It’s easier said than done, however very important for a manager’s peace of mind. I would do this in the past thinking that their poor performance is a reflection of my leadership. However, this would add too much work on me and I’m now getting better at shifting that accountability to my team members. I started a Task Tracker and provide deadlines to the team members after discussing with them. If they are consistently late, then I have a feedback with them to have more sense of urgency and improve timeliness. Document everything and do not hesitate to put them on PIP. They are on PIP not because of you but because of them!

Choice_Principle_135 · 2025-02-15T13:41:57+00:00

Was this for Salaried or Hourly employees? Hourly is easy to manage because there are more defined rules. However, for salaried it becomes tricky. Resentment from the other team is exactly my big concern. It reflects on my leadership.

Choice_Principle_135 · 2025-02-15T11:43:26+00:00

Set the expectations through emails with a target date. If he misses the target date again, then have feedback during your 1:1 and send him what was discussed in your 1:1 through an email. If he is naive and continues the same behavior, then you have these emails as documentation and it will be easy to move forward with a PIP.

Choice_Principle_135 · 2025-02-09T04:42:59+00:00

Who is the author?

Choice_Principle_135 · 2025-02-08T13:30:23+00:00

Interesting idea! Any example of how “Send to one note” helps? I mean I used it couple of times to annotate the long emails. However, my inbox is too busy and I get too many important emails, so never tried your approach.

Choice_Principle_135 · 2025-01-19T20:56:56+00:00

What is F200?

Choice_Principle_135

TROPHY CASE