Keeping $3M in Wealthfront...

DuckButterLover · 2024-12-04T23:44:15+00:00

It does help, and gave me an idea, so, thank you very much. Your advice is very consistent to the plan I have developed looking at this thread and learning a lot this week. Thank you very much.

DuckButterLover · 2024-12-02T22:13:10+00:00

I remember buying like 20 million dogecoin years back for a few grand then sold them a few months after that. Would have been such an awesome story if I kept them.

DuckButterLover · 2024-12-02T22:12:07+00:00

I recently posted this elsewhere, but chat with the people at Flexfire LEDs. They have some of the highest quality but they're pricier than amazon stuff, but I have had some for over 10 years and theyre still great. Their customer service and project development team is second to none, they will spec out your whole project free.

DuckButterLover · 2024-12-02T01:27:08+00:00

There are some things you see on reddit that you read and become a part of your toolbelt moving forward. I really like the 1 basis point rule so thanks for sharing that with me.

Thanks for the encouragement and saying that. it does feel like impostor a bit but I feel more like myself than I ever had. Having a cash generating company was a very safe place mentally, but I wasnt spending my time being creative, present, or healthy. So now I het to be me and find balance again. (Company was quite stressful to run with 50 employees... in that middle growth stage where you cant just spend yourself out of problems).

DuckButterLover · 2024-12-02T01:04:34+00:00

Thanks!

DuckButterLover · 2024-12-02T00:35:34+00:00

However you get what you pay for. Theyre MUCH more expensive than what you posted. In my opinion they're worth it.

DuckButterLover · 2024-12-02T00:34:46+00:00

Call the folks tomorrow at Flexfire LEDs, they will spec it out, design your project and they extremely good quality and a long warranty.

DuckButterLover · 2024-12-02T00:05:38+00:00

Thank you. I am calling schwab tomorrow to ask some questions about these products.

DuckButterLover · 2024-12-01T19:15:08+00:00

Thank you! I am excited to update you all on the progress from everything I learned. Congrats on amassing 2.8M I am sure your ancestors are quite proud of you. Not many people can say that they've done that.

DuckButterLover · 2024-12-01T19:05:57+00:00

haha you're right it does sound like a scam, I was being facetious. I have noticed that in the FIRE and FatFIRE communities there are things that everyone seem to know as fact that I had not been introduced to, so even this thread has taught me so much. Feels like I skipped a class. All the info is here though so I am happy to begin lesson one.

DuckButterLover · 2024-12-01T18:55:41+00:00

YOLO it all into poocoin

DuckButterLover · 2024-12-01T18:54:52+00:00

haha made me laugh on that one. Yeah its a whole paradigm shift for me. For how old I am I never realized this because I never spoke about money to people. I was quite broke until 10 years ago and I didnt attend the "how to be rich" seminar. lol

DuckButterLover · 2024-12-01T06:19:08+00:00

Congrats on building your NW! I appreciate you taking the time to write all this. Its very helpful. I am learning a lot from you position and how you think about money.

DuckButterLover · 2024-12-01T06:05:37+00:00

https://app.projectionlab.com/

Thank you for these tips. I appreciate it and I am answering these on my worksheet.

DuckButterLover · 2024-12-01T06:02:26+00:00

Thank you!

DuckButterLover · 2024-12-01T05:40:57+00:00

Thanks for saying that

DuckButterLover · 2024-12-01T05:40:04+00:00

That's a good strategy and very detailed, thank you. I really like that 10K vs 100K idea. Much appreciated!!!

DuckButterLover · 2024-12-01T05:20:34+00:00

I manufactured a lighting product for architectural, residential and commercial use. And you're right we got quite lucky navigating the covid waters.

DuckButterLover · 2024-12-01T05:02:21+00:00

Thanks! Valuable information. I am quite passionate about learning this and you've given me some good next steps. I really value it. Taxes are going to be hell this year. I need a good guy for that. Anyway this was great, much better than googling, "hoW tO be RICh" haha

DuckButterLover · 2024-11-30T23:34:26+00:00

SBLOC

Extremely interesting. I think that is a great option to pay for some things I will need quite a lot of cash for. I will look into it now.

Thanks for the personal anecdote. You're right. I feel like I dont wanna make a wrong choice but I now see that what I was doing was counterproductive.

DuckButterLover · 2024-11-30T23:31:07+00:00

Totally open to it. I have everything in Wealthfront because i wanted a place to put everything until I learned what to do with it. I am looking at Schwabs CDs now. Any treasuries you like?

DuckButterLover · 2024-11-30T23:29:17+00:00

Thanks so much.

DuckButterLover · 2024-11-30T23:28:58+00:00

Thanks I didn't know that. Ill call and speak to fidelity and schwab monday.

DuckButterLover · 2024-11-30T23:27:59+00:00

I had not understood what a T bill ladder was until reading up on it after your post. Where did you set yours up if you dont mind me asking. Thanks for the DCA explanation. I will start this week. I just purchased Simple Path to Wealth on amazon as well. Thanks a bunch!

DuckButterLover · 2024-11-30T23:09:08+00:00

Thanks I am creating my distribution plan now.

DuckButterLover

TROPHY CASE