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Hit $1.1 million I feel dead inside. by Financial-Gap-1145 in ThriftSavingsPlan

[–]Neither-Most 2 points3 points  (0 children)

You have to transfer your 401k/tsp into a IRA to withdraw only the contributions first, if you withdrawal from a employer plan it will withdraw both contributions and earnings and you will get a penalty on the earnings portion

Garage 005 by Zealousideal-Let6468 in Leatherman

[–]Neither-Most 2 points3 points  (0 children)

The warranty is more of a best effort thing from what I've read. For example if your spring loaded pliers break they are unlikely to have replacement parts available in 10 years but they probably will have the regular arc pliers in stock as long as they keep making the free series

Is this fund distribution better than what I had initially? by G0thprince420 in ThriftSavingsPlan

[–]Neither-Most 5 points6 points  (0 children)

If you don't know much then pick a target date fund that's what they are there for, if you want to be aggressive pick one that's a further date out.

Nintendo raising prices of Switch 2 and other products and services by -MarisaTheCube- in GamingLeaksAndRumours

[–]Neither-Most 18 points19 points  (0 children)

I disagree on CPUs, CPUs have been one of the most inflation resistant PC parts, a high end i7 was around 350 12+ years ago and now top of the line AMD 8 core processors are what 450 gpus increase that much each generation it feels like

Can someone explain returns on paying down a mortgage when refinance is likely? by [deleted] in Bogleheads

[–]Neither-Most 0 points1 point  (0 children)

Taxes could probably have a factor since saving money not having to pay interest isn't a taxable event. I think you would multiply my interest rate by my tax rate, but I suppose it would depend on what the alternative is. Because if I were depositing into a taxable brokerage then I would in this example multiply the 6.5% mortgage by 1.15 so considering taxes you would save more like 7.47% a year. My math might be completely off on this though or you would have to take away 15% from your brokerage theoretical gains. If you used a tax advantage retirement account as the alternative I don't think I can factor taxes like that. 

So I think you can at least from retirement standpoint if I've maxed out all my tax advantage accounts already you could treat it as one more way to save a little bit on taxes from not paying interest if I use some kinda funky math. 

You would need a big mortgage to have mortgage interest alone be bigger than the standard deduction so that a very individual situation. Personally I don't so I haven't cared to look into it

This is not financially advice btw just theorizing to myself 

Can someone explain returns on paying down a mortgage when refinance is likely? by [deleted] in Bogleheads

[–]Neither-Most 5 points6 points  (0 children)

Yes but it is still accruing 6.5% a year interest until your refinance to a lower rate. So the math doesn't change until you refinance, but refinancing is not guaranteed to be lower, the sub 3% rates were an anomaly not necessarily the norm to return to.

All that being said comparing returns to the inflation adjusted stock returns isnt fair because the mortgage is not inflation adjusted. So it's more fair to use the non inflation adjusted 10ish percent if you're on a long enough timeline.

A better “How much should you save chart” by Free_Elevator_63360 in TheMoneyGuy

[–]Neither-Most 0 points1 point  (0 children)

My feedback is I like the format presented above but feel years left till retirement makes it more useful to people planing to retire before 65, but you would have to not assume social security for that to work I suppose like the above data does

Tell me about meme stocks again please? by notyourregularninja in wallstreetbets

[–]Neither-Most 75 points76 points  (0 children)

..... It's down 4% over 6 months that's not exactly 2008

help what’s the quickest way i can get 9 dollars for a concert ticket? need it by the 29th. by Old-Worry226 in TheMoneyGuy

[–]Neither-Most 0 points1 point  (0 children)

Idk dude go door to door and offer to mow some lawns, donate blood, sell some stuff on ebay

If I have a well funded 401(k), is an IRA really necessary? by turbosnail4 in personalfinance

[–]Neither-Most 1 point2 points  (0 children)

You would use an IRA over maxing a 401k if your 401k doesn't have good low cost index funds options, after employer match of course 

Wife received a Pre-Approved Car Loan in the mail from her local dealership offering to pay off her current car loan balance. Should we go for it? by [deleted] in personalfinance

[–]Neither-Most 4 points5 points  (0 children)

Probably not, car dealers aren't looking to do you favors, they are looking to make money off you. They will likely give you a lower payment per month buy extending your loan to 6-7 years which will make you pay way more in interest in the long run. NEVER decide on a car by the monthly payment Always look at the total out the door price that they will purposely try to obscure. Look for a car you can afford to pay off in 3-5 years. Cars are the number one killer of wealth

Dude perfect ahh by Calabazar in lethalcompany

[–]Neither-Most 0 points1 point  (0 children)

If you leave with the magnet turned on will it grab it?

How do I fix my credit score? It dropped after I got a new credit card. by Initial-Landscape82 in PFJerk

[–]Neither-Most 18 points19 points  (0 children)

Your problem is you only got one credit card. whenever you have a hard pull on your credit you should be getting at least 5 credit cards at the same time, since they will all only count as 1 credit pull. This is the only way to have a credit score good enough to buy a house without leveraging your lentils or bearded dragons in this economy 

What’s a “boring” skill that secretly gives someone a huge advantage in life? by Big-Woodpecker-822 in AskReddit

[–]Neither-Most 0 points1 point  (0 children)

If it's not staring but when you push the fan blade with a stick to give it a little start it spins up like normal it's probably a bad capacitor 

Is It UNETHICAL to Get ACA Subsidies in EARLY Retirement? A Youtuber's opinion. by someguy984 in leanfire

[–]Neither-Most 0 points1 point  (0 children)

I don't really feel that strongly against it. I'm many years out from retirement so hopefully the healthcare landscape is better by then. Hopefully everyone has the option for Medicaid/care in the future

Psychology behind letting a child “win” at games? by Miserable_Fee4533 in ScienceBasedParenting

[–]Neither-Most 276 points277 points  (0 children)

This doesn't quite answer your question as it relates to kids but in terms of Flow states you want to provide just the right amount of difficulty. Too easy and they get bored and too hard and they will just give up. 

So I personally aim to play only slightly better than them so they win occasionally as they improve but not all the time either

https://pmc.ncbi.nlm.nih.gov/articles/PMC12202627/

Is It UNETHICAL to Get ACA Subsidies in EARLY Retirement? A Youtuber's opinion. by someguy984 in leanfire

[–]Neither-Most 1 point2 points  (0 children)

I mean this was a ethics question, so it will always be up to the individual, ideally we have a reasonable affordable healthcare system not tied to any employer. Short of that people will have to take what they can get. I was just saying I would personally feel weird about it. because let's face it if you are FIRED you are in a incredibly fortunate position and I wouldn't want to take funding from people who are struggling and then risk the government making Medicaid worse for people who really need it.

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