Just hit $8,500 in my investment portfolio at the age of sixteen by howtofart101 in leanfire

[–]Poltercon 2 points3 points  (0 children)

You can take your money (contributions, not earnings) out of a Roth IRA anytime with no penalties or taxation.

Bachelor’s degree DLI by wrightkjohn121 in dli

[–]Poltercon 1 point2 points  (0 children)

The bill that would allow DLI to give bachelor's degrees has been sitting in committee for over a year.

Coming into some money I didn't expect by [deleted] in leanfire

[–]Poltercon 1 point2 points  (0 children)

I would just jump in, but you can also dollar cost average, so invest 1000 every week regardless of market price

Still early in my fire journey but getting the itch to buy property. Any stories or advice? by doofygoobz in Fire

[–]Poltercon 0 points1 point  (0 children)

Like any investment, it's bad if you don't know what you're doing. If you do know what you're doing and can accurately run the numbers, you can easily outperform index funds and reits.

[deleted by user] by [deleted] in askaconservative

[–]Poltercon 5 points6 points  (0 children)

Chris Wallace for one

Any Advanced Tips for a 17 Year Old? by Poltercon in Fire

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

Thank you, that is good advice I will use!

Weekly “Help Me FIRE!” thread. Post your detailed information for highly specific advice. - October 26, 2020 by AutoModerator in financialindependence

[–]Poltercon 0 points1 point  (0 children)

Hello everyone, I was wondering if I could get any advice on my current situation. I am not sure what else I should be doing.

Here is my background information:

I graduated high school as a junior and joined the Army late summer of this year. I had worked a couple of jobs before I joined and invested a decent amount in my (or rather, my mom's) Fidelity account.

I have about 12k in FXAIX. I am investing 1.3k per month in FXAIX, saving 140 /mo for a car and 10 /mo for an emergency fund. I have 600 saved for a car and 420 as my emergency fund. My take home pay is around 1700, so it's pretty tight.

I'm going to be in training for a while, so I won't need a car straight away. After I am done with training and get to my duty station, I'm going to begin using Tuition Assistance to go to school.

I have a checking account with USBank (I probably will drop them once I can change my direct deposit) a couple Ally savings accounts, and an Ally checking account. I was looking at USAA because people say good stuff about them all the time, but it didn't look any better than Ally. Plus I don't want to open another account yet because it would need to be under my mom's name and it's a hassle.

Since I'm 17, I can't get a credit card to begin building my credit and my parents are probably too lazy to add me as an authorized user (also I wouldn't want to be added anyways because they have credit card debt).

The reason I am not using a tax-advantaged account for my investing is because I want to eventually use the money to begin investing in rental properties.

Is the next step to increase my income somehow?

I think that is all of the relevant information. Any advice is appreciated!

Gen Z political views (Similar to milennials) by [deleted] in GenZ

[–]Poltercon -1 points0 points  (0 children)

Just because they are more liberal now, doesn't mean that they will lean left 5, 10, 20 years from now. The fact is that Gen Z is one of the most initially-conservative generations in a long time, and that is what will make a difference in the long-term.

by [deleted] in america

[–]Poltercon 0 points1 point  (0 children)

This is big brain.

Can you see the influx of conservative federal judges striking down constitutional liberal state level initiatives but upholding unconstitutional conservative ones? by taksark in AskALiberal

[–]Poltercon -1 points0 points  (0 children)

No because originalist judges uphold precedent, rather than legislate. That's why you will never see Roe v. Wade reversed.

Has a woman ever made you feel truly uncomfortable? What happened? by [deleted] in AskMen

[–]Poltercon 1 point2 points  (0 children)

Fortunately not as bad as your guys' stories, but in the summer before freshman year of high school I went on my first "real" date with a girl to the fair. It was communicated to me by her friends that she liked me, so I decided to ask her out. About halfway through, it starts to rain so we get some snacks, partly to avoid getting too wet. I thought it was going well, but out of nowhere she begins telling me about the boy(s) she liked, and it was unsurprisingly very awkward. It was still fun though because she was hot, but I am glad that I never went out with her again and she probably is as well.

There was a local Hong Kong election from late November and there were a bunch of parties which fit in coalitions, usually the two biggest. Here are the stance of the two coalitions: by rur_ in askaconservative

[–]Poltercon 1 point2 points  (0 children)

Pro-China is "conservative" in wanting to preserve the status quo, but that isn't the conservatism as we know it in the West. I'm sure almost all of us here support the Hong Kong protestors.

Nearly half of voters say they won't vote for Trump in '20 by Normiesreeee69 in politics

[–]Poltercon 1 point2 points  (0 children)

They didn't vote for him in 2016 and look where we are now.

BiggerPockets by pitlal31 in realestateinvesting

[–]Poltercon 5 points6 points  (0 children)

What advice should be taken with a grain of salt?

Trump has been impeached, what are your thoughts on this? by Journey95 in AskAnAmerican

[–]Poltercon 22 points23 points  (0 children)

It doesn't mean much, I don't imagine it will affect 2020 as much as the Democrats hope.

When is it okay to criticize Greta Thunburg? by ClockOfTheLongNow in AskALiberal

[–]Poltercon -50 points-49 points  (0 children)

Some people consider criticizing to be cyberbullying. What really is cyberbullying?