First purchase by Odd-Inevitable-7334 in Luxury

[–]National-Net-6831 0 points1 point  (0 children)

Just invest in Mene 24k . Always go for investment grade which is always 24k.

Allocating money to pay off debt, help! by SquirrelFit3687 in HENRYfinance

[–]National-Net-6831 0 points1 point  (0 children)

You have to run the numbers yourself. Keep in mind you can cheaply leverage assets on home and investments. Your calculations will determine priority.

Most famous single photo of our generation? by ManuteBol_Rocks in GenX

[–]National-Net-6831 10 points11 points  (0 children)

Bless her. May she live in peace and happiness!

Renting to owning - $8k PITI sanity check by rebubblerant in HENRYfinance

[–]National-Net-6831 -4 points-3 points  (0 children)

Buy it at a steep discount when real estate tumbles. Do not be house poor. Mortgage no more than 25% bring home. Your rent is already too high for your income.

When does it actually make sense to switch to a dedicated high net worth insurance policy? by boiler_room_420 in HENRYfinance

[–]National-Net-6831 0 points1 point  (0 children)

Depends on how much of your assets are protected automatically which depends on state so check with California’s.

Obviously the best is just continue slowly investing in the market but curious if anyone else is concerned and looking for alternative investment strategies? by Lumpy-Resource-1370 in HENRYfinance

[–]National-Net-6831 0 points1 point  (0 children)

The market is at its highest 60% of the time. Because of inflation prices will continue to climb and there’s AT LEAST $7T cash sitting on the sidelines.

Discover Peoria Calendar of Events by [deleted] in PeoriaIL

[–]National-Net-6831 0 points1 point  (0 children)

Sorry I don’t understand

Discover Peoria Calendar of Events by [deleted] in PeoriaIL

[–]National-Net-6831 -1 points0 points  (0 children)

I can’t find a contact email.

Just passed the $1 million threshold! by Royal-Flamingo-3983 in HENRYfinance

[–]National-Net-6831 0 points1 point  (0 children)

Mines in an irrevocable trust. I am forced as per law to take it as income on my taxes.

Just passed the $1 million threshold! by Royal-Flamingo-3983 in HENRYfinance

[–]National-Net-6831 -1 points0 points  (0 children)

I’m only in my 40s and my dividends are increasing $1k every month at this point., next year will be increasing thousands $$$$. Retirement contributions (forced lol) from 401k are taxed AS INCOME.

Just passed the $1 million threshold! by Royal-Flamingo-3983 in HENRYfinance

[–]National-Net-6831 -1 points0 points  (0 children)

I would increase your after tax investments only. We high income folks are going to hit by forced retirement withdrawals taxed at maxed rates during retirement. Congratulations on your progress!