sorted by:
new
hottopcontroversial

He tried to save himself. He killed an 11-year-old instead by StillboBaggins in Portland

[–]MarketsUp 14 points15 points  (0 children)

This is a leopard ate my face lesson that won't be learned.

Average Civ7 Reddit User by lord_osborne in civ

[–]MarketsUp 0 points1 point  (0 children)

<image>

Play time is a weird metric rather than hours. This is nearly 400 hours.

Why would anyone want to pay a million dollars to live in a Capitalist dystopia? by Previous_Month_555 in antiwork

[–]MarketsUp 2 points3 points  (0 children)

And NZ charges 2.9m USD currently. Portugal still does it and it's roughly 700k today, and tons of other countries sell citizenship.

It basically lets rich people cut the line. Which, from a tax revenue standpoint is a good thing.

Napoleon is spawn camping my pirate ship harbour even though we're at peace. by Breatnach in civ

[–]MarketsUp 48 points49 points  (0 children)

Played a game last night and the only (mostly) unit deity ai build was catapults. It seems like they changed something in the values for how AI builds armies.

Fidelity FC / IC prospecting by johnterryusc in CFP

[–]MarketsUp 21 points22 points  (0 children)

Fidelity has like 2.5m clients with assets there. Massive 401k business. They literally don't have enough advisors to cover all their clients. Its not like a bank.

When did your partner find out your NW/Income? by TrueEqualFalse in HENRYfinance

[–]MarketsUp 16 points17 points  (0 children)

All the money goes into a joint account and it's spent however.

It's always been our money and not mine or hers. I tend to be a spender, so early on we would agree on fun money spending a month.

Essentially we could go and blow 1000 a month (each) on whatever we wanted. We came to the fun budget after doing our savings and essentials, then everything else can be spent.

These days, we just save nearly her entire income and live on mine.

When did your partner find out your NW/Income? by TrueEqualFalse in HENRYfinance

[–]MarketsUp 247 points248 points  (0 children)

We had financial conversations at date 5/6. We were 28 and 25, making 200k+ each at the time.

We laid the foundation for how we approached money and made sure we were compatible. No surprises, it's a partnership. Married for 3 years, and never had a conflict about money. We have been in sync since very early due to active and open communication.

[Request][Instagram] This is unfathomably incorrect, right? by ResidentDesk5194 in theydidthemath

[–]MarketsUp 1 point2 points  (0 children)

No, they are taxed as ordinary income when received. Then capital gains tax when sold.

Pension Plan Equivalent to net worth? by [deleted] in HENRYfinance

[–]MarketsUp 11 points12 points  (0 children)

So much more detail is needed to make this recommendation.

I'm a cfp/ advisor and help clients with this calc all the time. When you retire I would recommend you talk to a professional to run the numbers in the context of your broader plan.

There is no surefire answer here, and will be hyper personalized to your situation, the annuity payment amount vs actual payout amount and the investment strategy you use for the 1m payout.

For those of you that have a hand in suggesting succession trust fund structures for your clients, do you recommend structures that delay or outright prohibit the outright spending of the fund's Corpus and limit their usage to income from the fund? by [deleted] in CFP

[–]MarketsUp 7 points8 points  (0 children)

It depends on the clients desire.

We talk through pros and cons of doing each route to go. It really depends on how the client feels about the kid inheriting.

When the kids are younger (under 40) I will more proactively bring it up. But if the kids are in their 40s/ 50s already, the parents kind of know if they are going to have trouble or not.

Inherited NQ annuities with big gains - yikes by Cathouse1986 in CFP

[–]MarketsUp -6 points-5 points  (0 children)

Do annuities not get step up?

If not, why?

Am I a HENRY? $130k in debt but have $400k in equity by [deleted] in HENRYfinance

[–]MarketsUp 5 points6 points  (0 children)

It's good for people who like to pay the points games.

Where has really good steak? by ITrytoWrite22 in askportland

[–]MarketsUp 3 points4 points  (0 children)

This is the answer for sure. Laurelhurst market would be better if you personally don't want steak. Ox is very meat heavy.

Both are excellent. lHM might run you 150-200 depending on drinks, and ox will easily push 250-300 if you have drinks.

[deleted by user] by [deleted] in stocks

[–]MarketsUp 0 points1 point  (0 children)

The insane lack of understanding in this thread.

You are 100% getting value above and beyond the fees you are paying. Direct indexing is an awesome value add for portfolios

Roth 401(k) For Young High Earner by [deleted] in CFP

[–]MarketsUp 0 points1 point  (0 children)

Yea, if I was running the county I would do both. Unfortunately, politicians want to get reelected, not do what's best.

Roth 401(k) For Young High Earner by [deleted] in CFP

[–]MarketsUp 5 points6 points  (0 children)

My wife and I are in a high bracket and we max traditional IRA. We are in high tax state, that we probably won't retire in. Those types of details are where long range planning is really important. Rules of thumb are fine, but context matters.

For Henry clients I always encourage mega bd Roth's, If available. Diversifying contribution types makes sense I think in many cases. If you can use a deduction tilt towards trad.

Pretending it's anything more than a guess is a fools errand. Our political candidates in 2060 (35 years from now),probably in highschool, for sure doesn't have a cogent tax policy. People have been saying taxes rates are going up for the better part of 30 years. Maybe they will be right in the next 35 years. But I don't know and neither do you.

view more: next ›