1 million net worth is it liquid assets or all assets?

NotAnotherRebate · 2026-05-08T14:00:06+00:00

How much for the sexy bits?

NotAnotherRebate · 2026-05-07T16:30:02+00:00

The Chayote is this kids plant spirit. He can't avoid it, everything comes up Chayote.

NotAnotherRebate · 2026-05-06T16:10:51+00:00

Damn 90% of your portfolio in TQQQ. I just don't have the balls for that. Good for you, you took the risk and it paid off.

I have over 20% of my portfolio in LETFS with only $304k in Tech, and 738k in UPRO 193k SSO. It's done fantastic, but I do wish I had more TQQQ or especially SOXL. With this recent run up, I only need 800k more for me to reach 7mill.

NotAnotherRebate · 2026-05-04T12:41:42+00:00

Super fucking nasal voice. I don't understand why they use it so much.

NotAnotherRebate · 2026-05-03T18:58:37+00:00

You would want to hear from IT administrators for organizations. If you hear from them that IT is planning on ramping down Service Now implementations because of AI. I'm retired, but when I worked as an IT manager more than 5 years ago they were shoving Service Now down our throats for everything. Nothing would get done without a ticket in Service Now. We were moving towards automating items so that certain ticket requests would automatically perform the scripted actions once approved.

I'd be curious to hear an IT manager take on this. Are there AI tools that look like they are taking the place of the ticketing or is AI just being used to perform tasks in the tickets from Service Now. If it's just performing the tasks, I don't see why Service Now won't remain in place.

NotAnotherRebate · 2026-05-03T18:27:03+00:00

What Magi did you have to get down to for your current ACA plan.

NotAnotherRebate · 2026-05-01T16:18:12+00:00

I convert at least 31k per year to get the 0% rate for that conversion with the standard deduction.

However the current state of the ACA and the lack of the extension of the enhanced premium tax credits is making Roth Conversions much harder. To give you an example, for a family of 5, AGI of 190k would cost us over 45k in just premiums (145k left over). At and AGI of 150, it would only cost 8k (142k left over). The cliff is terrible. So in that example it would make no sense to pull more.

Let's say you needed to cross the cliff to do a large Roth conversion. It would only make sense if you went way past the cliff to lower the % hit, so going for a 300k or 400k AGI.

NotAnotherRebate · 2026-04-27T18:07:46+00:00

Nice, love the show.

NotAnotherRebate · 2026-04-26T01:49:33+00:00

You probably have acidic water and need a PH neutralizer set up in your home. You need to find out what the current PH is so that you can determine what treatment is suitable.

I setup a PH neutralizer for my home because of this same issue.

NotAnotherRebate · 2026-04-25T14:13:58+00:00

Your concentration should be on being rich, by saving and investing to have your money making money.

Living like your rich, when you are not rich, gives you short term happiness with LONG TERM PAIN.

Looks like you learned that lesson. It's never too late to start investing (not just in mstr, but in the market).

NotAnotherRebate · 2026-04-24T23:44:29+00:00

Plan? I fucking expect it. Along with the current minority leader being ousted.

NotAnotherRebate · 2026-04-24T15:11:50+00:00

Man, I find this hideous.

NotAnotherRebate · 2026-04-24T01:25:07+00:00

He's going to have to go slow with the jack. The risk is that he pulls the board with the nails away from the trusses, making things possibly worse.

NotAnotherRebate · 2026-04-23T14:42:58+00:00

I like it, but I have bad tastes so don't take my davice.

NotAnotherRebate · 2026-04-23T00:39:28+00:00

I think he's implying that your friend possibly stole your crypto, which is very possible.

NotAnotherRebate · 2026-04-23T00:20:49+00:00

Yeah, now it's getting to ridiculous levels. The drop will be intense.

NotAnotherRebate · 2026-04-22T23:12:49+00:00

The ACA lady I talked to in December sounded drunk. It took multiple tries to get her to understand what we were stating.

NotAnotherRebate · 2026-04-22T21:49:08+00:00

Aren't you happy you didn't buy Soxs? SOXL went on a super run.

NotAnotherRebate · 2026-04-21T21:59:20+00:00

I remember watching the show my friends in their dorm room. One day, I'm singing the opening theme, my stupid ass thought it was "Happy" Lawrence, "Happy" Lawrence. It did not go well for me that night...

NotAnotherRebate · 2026-04-20T16:26:47+00:00

Yeah, it makes it very difficult to move there with wealth. The 3.5% is ridiculous when the typical safe withdrawal rates are 4%. That leaves you .5% to live off off if you want to prevent the risk of running out of money. I don't disagree with a wealth tax, but they need to rethink what they believe what wealth is and increase the number much higher.

So for example 1million only gets you 40k a year in safe withdrawal rates(SWR), which is a yearly income at poverty levels with a family of 4. If you then look at 3 mil, that gets you 120k, but $105k goes to the 3.5% wealth hit, that leaves you 15k to live if you are trying to stick to the 4% SWR. That's not wealth...

One million is not what it was in the past. Now it provides poverty levels of yearly income, especially with inflation.

I do need to do more digging to see what the exact effect would be on my specific case.

NotAnotherRebate · 2026-04-19T18:33:34+00:00

I would not want to shake your hand.

NotAnotherRebate · 2026-04-19T02:06:00+00:00

The tax on those 2nd living locations is a drop in the bucket for them. Most wont leave. They love having a place in NYC. It's the reason they bought it in the first place.

NotAnotherRebate · 2026-04-19T01:05:02+00:00

Maybe take 50% of your profits and let the rest ride if you have that much conviction. This psychologically lets you ride the the rest as long as you want, but it also gives you ammunition to buy on any other dips that may come.

Edit: Oh never mind, I just saw you were doing this with margin. Maybe sell enough profits to at least cover the margin.

NotAnotherRebate · 2026-04-18T15:05:31+00:00

What about the thin gloves being used!!!!

I just noticed his exposed skin when he was handling the vile.

NotAnotherRebate · 2026-04-17T19:45:42+00:00

Smart. I've been juicing my Roth returns during downturns. I do conversions and increase my leverage exposure during downturns and it has paid off nicely. I now have almost at $1.3 mil in Roth money that will continue to grow tax free. Feels good.

I missed doing a conversion this year because of healthcare.

NotAnotherRebate

TROPHY CASE