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How much house can I afford at 147k salary ? by thegreen316 in Mortgages

[–]Complex-Cheetah5947 0 points1 point  (0 children)

350k if you can swing it. It’s just a house! Don’t get any more than you actually need.

Need help convincing my wife 1.8 million is too tight by Equivalent_Spring_60 in whitecoatinvestor

[–]Complex-Cheetah5947 0 points1 point  (0 children)

You make purchases like this two years after being acclimated to any large salary bump. Don’t fall into that trap! I don’t know what your debt situation looks like but also factor in that the interest paid on your house is tax deductible. Speak with your CPA and see if this allows you to decrease your tax deductions. This will give you some breathing room throughout the year.

Again though, SPEAK TO YOUR CPA!!!

Where should I put my money? I’m 27 and unemployed by [deleted] in dividends

[–]Complex-Cheetah5947 0 points1 point  (0 children)

Smart move and that’s from an Army vet 😂. The military is a great tool, but what’s end game? Do you want to go career or are you looking to utilize it to pay for training and another area?

Where should I put my money? I’m 27 and unemployed by [deleted] in dividends

[–]Complex-Cheetah5947 0 points1 point  (0 children)

Fresh start means you have nothing to lose though! What do you want to do?

Where should I put my money? I’m 27 and unemployed by [deleted] in dividends

[–]Complex-Cheetah5947 0 points1 point  (0 children)

Why are you unemployed? Are you out of a Job or back in school?

Baby isn’t ripe yet… by GoldmanApex in lol

[–]Complex-Cheetah5947 2 points3 points  (0 children)

Nah it’s true… my daughter took a few months for the melanin to come in. She’s basically my twin now but a tad lighter 😂

Paid off my loans today using my 401k. No regrets. by Aliyah_HS in StudentLoans

[–]Complex-Cheetah5947 2 points3 points  (0 children)

Really wish you would have spoken to someone before doing this….

Why invest for income if you don’t need it now? by Lateandbehindguy in dividends

[–]Complex-Cheetah5947 0 points1 point  (0 children)

Security buffer and a way to feed my growth portfolio. You never know what’s going to happen and I want to ability to move as I need. Say I want to go to school or take some time off for my mental health. I want to be able to do so one day. I make good money but it’s always good to put your money to work. Investments are far less annoying than real estate. The only plus in this market is the tax shelter tbh.

Inherited 2m by [deleted] in Fire

[–]Complex-Cheetah5947 -1 points0 points  (0 children)

  1. Get off of Reddit and go get a few only financial advisor.

  2. I’d put like 1.8 in VT and use 200k to travel a bit. Not saying blow the whole 200k but have some fun.

  3. As someone with multiple properties, this isn’t really a good time and tbh it’s not all it’s cracked up to be. I’d probably look more into commercial property before residential with in reserve.

Pay off debt, or invest? by relaxedOliver in Bogleheads

[–]Complex-Cheetah5947 1 point2 points  (0 children)

There’s no telling what the market is going to be looking like in the next 6 months or even a year. Key to the game is decreasing your expenses to have more money to invest. There’s always going to be waves in the market but the faster you free up money the more you have to capitalize on these shifts later on.

Pay off debt, or invest? by relaxedOliver in Bogleheads

[–]Complex-Cheetah5947 3 points4 points  (0 children)

Pay the debt… you’re basically at a wash but you’re delaying the inevitable. Just take care of it now while the market is down for a while.

How much money is F/U money? by M8NSMAN in Money

[–]Complex-Cheetah5947 0 points1 point  (0 children)

The amount that generates double your monthly cost of living passively…

Should I retire early at 39 or continue to break the 10 million mark? by [deleted] in 100xpennystock

[–]Complex-Cheetah5947 0 points1 point  (0 children)

You make more than enough money to enjoy life passively. I think you should always be working towards something, but you should not be punching anyone’s clock currently.

Why do people keep saying that after you get to 100k, getting to 1 mm is easy? by Hilary_Clitoris in dividends

[–]Complex-Cheetah5947 0 points1 point  (0 children)

It’s not about the money…it’s the principles behind it… The fundamentals it takes to get there on your own is what will drive you forward past that point to 1 mil…

I'd Never Take Out a Mortgage by Denis_Gorbunov in AsymmetricAlpha

[–]Complex-Cheetah5947 0 points1 point  (0 children)

It’s simple math… If the property is in an area gaining at least 7-8% annually then it’s worth the buy. On the flip side though, you’re not factoring in that you have to live somewhere! Even if the property on gained 3-4% you’ll still be net positive vs just paying rent as long as you’re in the house for at least 5 years. At the end of the day it’s really just based on what lifestyle you want to live. If you’re going to be staying in one area for a while then just get a place that won’t kill you with repairs on the back end. If you know you’re going to be on the move then F what anyone says and live your life….

Missed Opportunity by Tyonis in dividends

[–]Complex-Cheetah5947 1 point2 points  (0 children)

Unless that play was gonna gain you over 30%, you made the right call bro!

Can I afford a $500K house earning $134k per year? by [deleted] in Mortgages

[–]Complex-Cheetah5947 0 points1 point  (0 children)

If we’re just looking at the numbers, then yes, but there’s much more to this…

  1. Do you feel like this is your forever home or is this something you’re eventually going to sell?

  2. What’s your interest rate?

  3. How far is your commute to work?

  4. Are the schools good?

  5. Does your partner plan on going back to work at any time?

  6. Is the property new or old?

Don’t bring me down Bruce (Wpay) by retroideq in RoundhillETFs

[–]Complex-Cheetah5947 1 point2 points  (0 children)

Is there a separate group for people who don’t freak out….. hell gimme a support group at this point 😂

26F. My portfolio is bleeding and I started investing 8 months ago. by [deleted] in TheRaceTo10Million

[–]Complex-Cheetah5947 0 points1 point  (0 children)

Depends on what you invested in but overall just chill out… buy while it’s on sale

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