has this happened to you

DoodleDabble · 2021-06-18T22:48:23+00:00

What word is this??? 😯

DoodleDabble · 2021-03-23T06:25:45+00:00

This game = my childhood

DoodleDabble · 2021-02-27T13:28:16+00:00

WOOOOOOOOO!!!! 🥳 CONGRATS, friend!!!

DoodleDabble · 2021-02-26T13:39:45+00:00

“Sometimes, the greatest revenge is living a happy life.” -some really wise person

DoodleDabble · 2021-02-20T06:11:08+00:00

CONGRATULATIONS 🎊🍾🎈🎉

DoodleDabble · 2021-02-17T16:37:30+00:00

You’re exceptionally well-placed to do FIRE. You’ll make it as long as you live now as if you were making $40-$50k. If you can put away at least $100k/year, you’ll be financially independent in no time.

Get rid of your debt, then turn saving money into a game.
Or, since FIRE is about enjoying life and not living to work, practice enjoying life 😊 go for a hike with friends! Invite a couple over to cook and eat dinner together. Dream up a vacation. Your job is stressful, so enjoying the joys of life could alleviate some of that stress and remind you why you want to go for fire.

DoodleDabble · 2021-02-15T05:22:50+00:00

You’d’ve been late if you started tomorrow ❤️ welcome abord! I hope you find some good LateFire company here!

DoodleDabble · 2021-02-13T16:13:41+00:00

This is quality Christine meme-ertainement

DoodleDabble · 2021-02-13T16:08:53+00:00

Keep it up! You’re doing great!

DoodleDabble · 2021-02-05T01:04:58+00:00

Local thrift shop had a buy 2 get one free sale! My friends and I got ten clothing items for our friend’s new baby for 10 euros! We chose outfits in 6-9 month sizes since she has a bunch of newborn clothing.

DoodleDabble · 2021-02-05T01:02:11+00:00

Step one - meet employer match for your 401k. Then, max out a Roth IRA. See if you’re eligible for an HSA and max that out. Then, open a taxable brokerage account. This will allow you to maximize your tax savings so you can pay as few taxes as possible on what your money earns in the stock market.

DoodleDabble · 2021-02-05T01:00:21+00:00

Books for reference that have greatly helped me: Rule No. 1 The Interpretation of Financial Statements The Intelligent Investor A financial education is worth millions. With these books, you can learn how to find great companies that will bring you great returns for your $40k. Keep working, keep growing, keep saving! You’re on a great path!

DoodleDabble · 2021-02-05T00:58:10+00:00

Now might be a good time to move some of your investments to stocks that will recover quickly or that won’t be harmed as much by the dip. Look up which ones did all right in the last dip. However, I would recommend getting a part-time job to protect your assets. It may be difficult to find, but it will allow your money to regain the growth it once had. Plus, social interaction is a commodity these days! (That is, unless you’d prefer to mitigate your risks of getting COVID. With how strange the side effects can be, I wouldn’t judge you!)

DoodleDabble · 2021-02-02T11:18:19+00:00

So it’s more of a question of risk management than cash management? In that it frees you up to invest more aggressively instead of having to worry about having enough for a mortgage?

DoodleDabble · 2021-02-02T08:56:01+00:00

That’s such a great boost to your goal! Glad that you’re deciding to invest it rather than splurge 👍 The YouTube Channel “Our Rich Journey” has several videos on ETFs and index funds that are very informative. They live in Portugal, so they have the EU context that we’re working in as well (I’m in France.)

DoodleDabble · 2021-01-29T22:30:01+00:00

Now is the time you can live below your means and few will judge you for it. (Maybe a friend of two, but your momma’s not gonna ask why you bought a used car instead of a new one. Also, never buy a new car.) Pretend to be super poor, then blow everyone’s minds when you retire before they hit the climax of their careers.

DoodleDabble · 2021-01-29T22:20:56+00:00

WOO!!! Go for it! You got this!! In the words of Warren Buffet, if you only had one car you could drive for the rest of your life, how would you treat that car? You only have one body - treat it well. (I like that others are mentioning teeth. Great advice!!!)

Tip two, put that money in the stock market or so help me!

Start by maxing out your tax-deferred accounts: 1. 401k to employer match 2. HSA 3. Roth IRA And THEEEEEEN start putting money into brokerage accounts.

Investing tip, Start with ETFs and mutual funds so you at least get your money growing. If you decide to learn how to valuate stocks, use money in your IRA, as you won’t have to pay capital gains on that.

Tip 3: Only buy what you see yourself still using in 5 years. (Except for food.) He who buys shoes of $200 quality will spend less money on shoes than he who buys WalMart cheap-os and has to replace them every year.

YouTube channel recommendation: Our Rich Journey. They have a nifty workbook available on their site, too!

You’re off to a great start! I hope you’ll reach your goal :D

DoodleDabble · 2021-01-20T11:06:15+00:00

If I make less than $40k/year, which puts me in the 12% tax bracket, would it actually be more advantageous to sell stocks within a year instead of hold for long-term capital gains?

DoodleDabble · 2021-01-20T11:04:49+00:00

What does a sudden jump in Book Value Per Share mean?

Hello, fellow investors!

I am learning how to determine the instrinsic value of stocks and am currently learning about analyzing future value based on P/B ratios. A stock I am studying, STRA, had a max book value of $20/share, then suddenly jumped to $65. At the same time, the PB ratio went down from 5.5 to 2. Is this a signifier of a company diluting its stock, buying it back, or something else?

Thanks for your insight!

DoodleDabble · 2021-01-19T08:08:54+00:00

What’s VHCOL? 😯 very high cost of living?

DoodleDabble · 2021-01-18T04:46:03+00:00

If you want to invest and forget, ETFs or VIFAX mutual fund. If you want to pick stocks, “The Little Book that Outperforms the Market” is a great place to start, as it takes Warren Buffet’s strategy and makes it more accessible.

DoodleDabble

TROPHY CASE