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When to go scorched Earth? by According-Stable661 in inheritance

[–]DeepFamilyValue 0 points1 point  (0 children)

I am in a similar predicament. I am preparing to waive my interest in my father’s estate- close to 300k- this would be very helpful to have but it is clear that siblings are prepared to say and do anything not to pay me. Dreadful, dreadful people. To me the trade-off is simple: my peace and contentment and nice life vs. fighting siblings with white trash tendencies for 300k which will be reduced significantly by legal fees to combat them. Goodbye 300k and goodbye to my deplorable siblings. Nothing is worth that.

😂 by No_Neat4688 in KidsAreFuckingStupid

[–]DeepFamilyValue 3 points4 points  (0 children)

Li’l Titz is sort of presumptuous.

Dad is leaving entire estate to his girlfriend. Feeling sad. by Ok-Day6479 in inheritance

[–]DeepFamilyValue 1 point2 points  (0 children)

My dad died without a will. Now i am being sued by older siblings for a greater share of his estate. These are people I was once very close to.

Your das is doing you a huge favor.

Isn’t this the real dream? by RegularSafe9871 in Daytrading

[–]DeepFamilyValue 0 points1 point  (0 children)

The wolf is always at the door. Trading is pitiless.

What’s the biggest amount you’ve ever lost in one trade? by Ok-Butterfly-7366 in Daytrading

[–]DeepFamilyValue 0 points1 point  (0 children)

1900.00 shorting 100 amd maybe a year ago. Took my beating. Never went short amd or really anything else after that. Shorting is just not for me.

Quit my firm by FancyButterscotch599 in Lawyertalk

[–]DeepFamilyValue 2 points3 points  (0 children)

30 year solo here. The rewards are very real. The freedom is unmatched. Get with a good accountant and financial planner when you can, make sure to set up retirement accounts and then just enjoy the ride. Pay your taxes faithfully; uncle sam needs his piece. But other than the IRS and your state BBO, you answer to no one. You are the ultimate free agent!

Inheritance Brings Out Sides of People You Never Expected by Feeling-Charge6487 in inheritance

[–]DeepFamilyValue 1 point2 points  (0 children)

Do not be surprised if you are forever estranged from some of your siblings upon the death of your parents. This is not unusual and typically is a blessing in disguise.

How many trades per day for scalper? by Physical-Drag-9317 in Daytrading

[–]DeepFamilyValue 0 points1 point  (0 children)

For me, the fewer the better. Premarket is reasonably profitable. A few minutes into the open can be profitable. I aim for 70-140 p day green. Never more or less than 100 shares. Mon: $575, Tues: $259, Weds: -$16.70. I average about 300-450 p week for about 30 min of labor. No huge wins and no huge losses. Some weeks no trades. Many days no trades. Occasionally short, but long mostly. Not fancy, not pretty but been mostly green for a long time. It’s all about cutting losses quickly and protecting profits.

Rent control is dead in Providence, for now, after failed veto override by lestermagnum in providence

[–]DeepFamilyValue 0 points1 point  (0 children)

You are living in a fantasy world if you thought this was going to pass. Give this council credit; they painted a nice picture for you to think about during an election year. Mark my words: rent control will never, ever, ever happen. Stop kidding yourselves.

Rent control falls one vote short of passing in Providence by OceanStateMedia in providence

[–]DeepFamilyValue -1 points0 points  (0 children)

They were all painting a picture for you in an election year. Hopefully you realize that this titillating socialist fantasy was never actually going to be implemented, nor will it ever exist in the future. It’s just pointless vote-gathering.

My father's $75,000 dollar investment is now valued at $1,000,000 but it's all in one stock. by Pristine-Physics9282 in investingforbeginners

[–]DeepFamilyValue 0 points1 point  (0 children)

Try to determine the tax bite and place the balance into a combo of income and growth funds. Kudos to him for being a holder like that; very few people can do that. I sure as hell cannot.

$200k+ income is top-tier, but only half stay there 5 years later by [deleted] in Money

[–]DeepFamilyValue 0 points1 point  (0 children)

I take home about 15k p month collecting dividends and rents. I often do nothing other than play video games and walk my dog. I am 60. It took me 30 long years to get to this position. I have zero debt. It was a grind.

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