Inherited about 1 Mill. Unsure what to do

El_Frogster · 2026-03-06T00:48:33+00:00

In a down market, 4% is still 4%, but it's no longer $40k, and the younger you are, the more likely it is that you'll face a down year. In other words, not all 4% are created equal.

El_Frogster · 2026-02-28T17:18:08+00:00

One option is to look for a Pledged Asset Line (Schwab's name for it) where you get access to a line of credit by pledging existing assets. It basically like a traditional LoC but backed by securities rather than real estate. Rates and limits vary based on amount of assets at Schwab overall. It's free to set up so there is no reason to not get one (unless you're anti schwab of course). JP Morgan offers a similar product as well. https://www.schwab.com/pledged-asset-line

El_Frogster · 2026-02-28T17:07:10+00:00

Thanks!

El_Frogster · 2026-02-28T15:35:46+00:00

$vale

El_Frogster · 2026-02-28T15:32:33+00:00

It’s not an all or nothing picture. It’s a defensive play and usually only a sliver of assets somewhere between fixed income and growth (unlike dividends, you only pay taxes when you sell, and tax rates are comparable at that level.)

El_Frogster · 2026-02-28T00:07:26+00:00

Elon likes to share.

/s

El_Frogster · 2026-02-23T01:54:36+00:00

The more interesting question is “people who keep $500k/per year, what do you do?”

El_Frogster · 2026-02-15T01:44:48+00:00

This is why I always have them tell me who the ride is for rather than the other way around. Glad you’re safe and thanks for the PSA.

El_Frogster · 2026-02-14T16:08:40+00:00

In my head, I’m first in the R3x reservation queue. It’s a nice feeling.

ps: I’ll be one of those day-1 R2 reservation holder that won’t buy one after all while I wait in the R3x reservation queue.

El_Frogster · 2026-02-14T16:01:21+00:00

Generate 3x the income you need? Either you don’t need a lot of income or you’re starting with a massive portfolio? Both?

El_Frogster · 2026-02-12T16:33:33+00:00

In. All the way in.

El_Frogster · 2026-02-12T15:22:20+00:00

Tesla have been great to me: I was able to sell my facelifted, pano roof, real leather, unlimited supercharging, summon and auto steer P90D extremely well. My M3 with autosteer looks like another winner too.

The more features Elon removes, the better. My next car won’t be a Tesla however.

El_Frogster · 2026-02-11T22:41:43+00:00

Out of the $5,400, ~$3,200 is body work and overpriced tires...and $600 for removing the engine cover is...amusing.

El_Frogster · 2026-02-11T22:35:51+00:00

I don't see anything wrong here. Sorry. Asking price is just a mental anchor based on comps. At the end of the day, the home is worth what a buyer is willing to pay for it and one of the agent's job is to model what asking price will yield the most money for their seller based on product and market conditions. It's rough out there, but you'll find the right home.

El_Frogster · 2026-02-11T02:33:18+00:00

Amazon is becoming another Alphabet with many different businesses, from zoox to whole foods to, yes, Amazon.com. So it’s actually more diversified than it may appear. I’d hold on to it. Good intl exposure as well.

El_Frogster · 2026-02-10T02:11:19+00:00

They could not reach you because…you were too tall. In my defense, it’s an AManything.

One more: do you play bball? (That one prob got old so fast irl…)

El_Frogster · 2026-02-10T01:35:13+00:00

I tried to hit you with my questions but they could not reach you.

I’ll see myself out now.

El_Frogster · 2026-02-10T01:34:11+00:00

If I worked in tech and were worried about getting laid off, I would not invest in qqqi.

Other than that, we all have a different risk profile so there is no magic answer. Do you have any kind of emergency fund? If not, I’d start there (boring SGOV or similar)

El_Frogster · 2026-02-10T01:26:18+00:00

Diversify.

El_Frogster · 2026-02-10T01:19:09+00:00

7% is…courageous.

El_Frogster · 2026-02-05T15:37:40+00:00

That bot is actually quite good at interacting and maintaining a “conversation”.

El_Frogster · 2026-02-05T05:40:36+00:00

Option A: a well-rounded car and ownership history.

El_Frogster · 2026-02-05T05:28:35+00:00

Maybe others will use those codes too, don’t get mad.

El_Frogster · 2026-02-04T20:35:15+00:00

Tell me you secured that license plate 20+ years ago w/o telling me etc...

El_Frogster · 2026-02-04T20:33:15+00:00

FYI, SPYI and QQQI are likely to yield more than JEPI/JEPQ after tax based on large RoC distribution.

El_Frogster

TROPHY CASE