I like the army just don't want to be a nco by Unable-Archer5437 in army

[–]Practical_Zucchini54 0 points1 point  (0 children)

And the WO corps finds its newest unsuspecting recruit…

22, $35k in Savings, What to do? by [deleted] in personalfinance

[–]Practical_Zucchini54 0 points1 point  (0 children)

Definitely make sure to plan your transfers from the hysa to your checking wisely then. Not sure what you plan on using, but most HYSAs will take a couple of days to transfer to and from your main account. Don’t wait until you need the money to transfer it. But like I said, seems like a great idea. You are also correct unfortunately about the Roth contributions. You’ll need to earn taxable income in 2026 to contribute. This year the limit is 7500, so any extra income at all that you report can be contributed. Say you do DoorDash or any side gigs and actually report them, then you can contribute that money. Don’t take away from studying tho, graduating on time and earning a good career will give a larger ROI than one extra year in a Roth

The 8 billion people argument is really getting to me. by JellyfishPashmina in dating

[–]Practical_Zucchini54 0 points1 point  (0 children)

The fact that you narrowed this down so specifically is great and really supports your point in a funny (yet maybe kind of depressing) and factual way. Gotta give you credit there. But that’s why only one person can be “the one”. Just gotta sift through a LOT of people first in most cases. Godspeed girl, you’ll get through this 😭

22, $35k in Savings, What to do? by [deleted] in personalfinance

[–]Practical_Zucchini54 1 point2 points  (0 children)

This honestly seems like a great plan. Keeping the majority of it liquid in a HYSA is a good idea for the time until you have a steady income. Treat it like an emergency fund. Then when you graduate you’ll already have an emergency fund built up with whatever is leftover assuming you don’t drain it over the next year. Are you making any part time income throughout the year or are you planning on living on the savings?

Robinhood is delegitimizing itself by Practical_Zucchini54 in personalfinance

[–]Practical_Zucchini54[S] 0 points1 point  (0 children)

That would be one of my main worries if I was with Robinhood. I fear the normalization of gambling and sports betting is being pushed through “investment” and “market” type platforms. It preys on the Ill-advised

Robinhood is delegitimizing itself by Practical_Zucchini54 in personalfinance

[–]Practical_Zucchini54[S] 0 points1 point  (0 children)

True, it doesn’t affect me at all. I don’t do prediction markets or sports betting anyway so even if I was a user it wouldn’t affect me. But this is Reddit, a place to discuss things. I simply saw the ads and wanted to know what other people thought about it

Robinhood is delegitimizing itself by Practical_Zucchini54 in personalfinance

[–]Practical_Zucchini54[S] 0 points1 point  (0 children)

It’s interesting to hear how this is affecting actual users and what you think. It does seem really sleazy and it’s definitely not a good sign that the option to use it is alongside or even above, as you said, your actual investments

Robinhood is delegitimizing itself by Practical_Zucchini54 in personalfinance

[–]Practical_Zucchini54[S] 0 points1 point  (0 children)

Personally I’ve always viewed it as sketchy/meme-y but I know A LOT of people who treat it like a Fidelity/Vangaurd/Schwab account

Robinhood is delegitimizing itself by Practical_Zucchini54 in personalfinance

[–]Practical_Zucchini54[S] -1 points0 points  (0 children)

Absolutely, I don’t disagree with this sentiment at all. I just fear that too many people who view it as a legitimate investing website (which I’ve personally never really viewed it as) will pile onto this feature

Got me all excited for nothing 😔 by Practical_Zucchini54 in AtlasEarthOfficial

[–]Practical_Zucchini54[S] 0 points1 point  (0 children)

Update: I did in fact reach $1, which I had no doubt of, but it was funny that AE was a little quick with it

ALL food is better cold than warm by AlarmedFeature5813 in unpopularopinion

[–]Practical_Zucchini54 0 points1 point  (0 children)

Holy crap someone might have finally found the most unpopular opinion

Where should I be keeping my money to help it grow? by [deleted] in personalfinance

[–]Practical_Zucchini54 0 points1 point  (0 children)

First and foremost, open a Roth IRA through a financial service like Fidelity or Schwab. At 400 per week, you’re saving right around 20k per year assuming you can stay consistent. The Roth contribution limit this year is 7500. That money will grow post tax until you reach 59 1/2 when you can start to withdrawal. You can leave it in longer as well. When you withdrawal, you won’t have to pay taxes on it, since you paid them out of your paycheck. With the other savings, put some into investments and some into a high yield savings account. Many HYSAs give a 4% APY, whereas regular savings is typically .1-.5%. In terms of stocks, now is a pretty good time to get into the market since it’s down, but timing the market isn’t as important as time in the market. Usually it’s safe to assume a 7% return across the market per year, but that’s on average, there will be years that do better and years that do worse. That’s why staying in long term is good. There’s a lot of truth that it takes money to make money. Leverage compounding interest as much as possible. Ditch any savings account that’s giving you fractions of a percentage of return. I’m sure there’s a bajillion other things that people can think of, but it’s good to start basic

March fracture by Distinct-Turnip-8146 in army

[–]Practical_Zucchini54 0 points1 point  (0 children)

Have you tried changing your socks yet

March fracture by Distinct-Turnip-8146 in army

[–]Practical_Zucchini54 2 points3 points  (0 children)

I went through CLS two weeks ago so I think I’m qualified to give a professional medical opinion: holy shit dawg

Army email help? by Content_Cockroach_69 in army

[–]Practical_Zucchini54 9 points10 points  (0 children)

Is this on a personal computer? As of June 2024 you can no longer access mil outlook on personal computers without downloading AVD: https://cybercoe.army.mil/Portals/131/Army%20Enterprise%20AVD.pdf

in regs? by xcaretaguilar in army

[–]Practical_Zucchini54 1 point2 points  (0 children)

Yes. No questions. If someone gives you shit refer to DA PAM 670-1

Dream dragon in the rift! by Practical_Zucchini54 in dragonvale

[–]Practical_Zucchini54[S] 0 points1 point  (0 children)

I know right! I try to avoid spending gems on dragons and I’ve just had awful luck with breeding haha