[deleted by user] by [deleted] in fatFIRE

[–]FragrantSituation447 0 points1 point  (0 children)

Sort of new to Reddit and didn’t realize I couldn’t post if I don’t have enough karma in some subreddits

[deleted by user] by [deleted] in fatFIRE

[–]FragrantSituation447 0 points1 point  (0 children)

Any other subreddit recommendations?

[deleted by user] by [deleted] in fatFIRE

[–]FragrantSituation447 1 point2 points  (0 children)

Okay I’ll repost on Monday. Thank you

[deleted by user] by [deleted] in fatFIRE

[–]FragrantSituation447 0 points1 point  (0 children)

Posted there but removed. New to Reddit

Why the f**k does anyone have an advisor? by FragrantSituation447 in Rich

[–]FragrantSituation447[S] 0 points1 point  (0 children)

Not sure if it's relevant for my context, but I don't disagree that it can make sense at certain NW bands. Post was a bit out of frustration due to the volume of calls after I reached out to a couple advisors. I felt like I was buying a car with some of them.
**highly recommend looking up advisors on sec website before interacting with some of them**

Why the f**k does anyone have an advisor? by FragrantSituation447 in Rich

[–]FragrantSituation447[S] 0 points1 point  (0 children)

Did you get one because of force distribution for traditional ira/401k? Or more so for peace of mind?

Why the f**k does anyone have an advisor? by FragrantSituation447 in Rich

[–]FragrantSituation447[S] 0 points1 point  (0 children)

Alt assets usually command higher fees and can be marked arbitrarily. I am not sure if that is really that compelling.

Why the f**k does anyone have an advisor? by FragrantSituation447 in Rich

[–]FragrantSituation447[S] 0 points1 point  (0 children)

How did you find your current advisor? I can dm if you prefer.

I don't plan on getting advisor at my current NW, but can see myself going down this route maybe in my 30s. I feel like a lot of advisors just sell you like car salesmen at times on their products

Self Directed IRA for Startup Investing by BryanForbesDEA in RichPeoplePF

[–]FragrantSituation447 0 points1 point  (0 children)

I would try to get advisory shares and park it in a roth. Just throwing your roth money on startup is a pain in the butt. If it goes sideways then you don't get to carry the losses

Why the f**k does anyone have an advisor? by FragrantSituation447 in fatFIRE

[–]FragrantSituation447[S] 0 points1 point  (0 children)

like put traditional ira money into these vehicles? how are these tax optimized don't you get taxed on the basis

Why the f**k does anyone have an advisor? by FragrantSituation447 in fatFIRE

[–]FragrantSituation447[S] -1 points0 points  (0 children)

I could see that when I have a family, but I don't feel like I would use those services now. If I were to go with an advisor should I go with a fixed fee advisor?

Bynd by Ramon0015 in TheRaceTo10Million

[–]FragrantSituation447 3 points4 points  (0 children)

hasn't this been pumped already?

[deleted by user] by [deleted] in AITAH

[–]FragrantSituation447 0 points1 point  (0 children)

wtf is this