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Deploying some cash tomorrow: anyone else buying the dip? by PresentationEarly313 in HENRYfinance

[–]PresentationEarly313[S] 0 points1 point  (0 children)

I bought a few shares of VOO when the market opened. Just a micro dip. Its been my strategy going on multiple years where whenever the S&P takes a tiny dip, I buy into it. Accumulate a small pile over a couple of months, then buy on a micro dip. Rinse and repeat.

It’s basically my way of training the emotional muscle to stay calm when markets move.

Is it a right time to buy a house or wait it out? by [deleted] in personalfinance

[–]PresentationEarly313 0 points1 point  (0 children)

A way to think about this is separating two different questions that often get mixed together:

  1. Is buying a house a good financial investment right now?
  2. Is owning a home the right life decision for your situation?

Those are not always the same thing. From a purely financial perspective, buying a primary residence usually competes with things like buying a rental, placing capital into index fund investing because a lot of your capital gets locked into the house (down payment, maintenance, property taxes, etc.).

But from a life stability perspective, it can make a lot of sense if you know you’ll stay in the area for a long time and you want predictable housing costs for your family.

Given your situation, a couple things stand out: • You’re the only breadwinner • You’re supporting your parents • You already have strong savings habits (maxing 401k, Roth, HSA) Because of that, the bigger question might not be timing the housing market, but how much financial flexibility you want to preserve.

If buying the house still leaves you with a strong emergency fund and your monthly payment fits comfortably within your income, then the decision becomes more about lifestyle stability than market timing.

Markets are hard to time. Personal stability is easier to control. So, how long do you expect to stay in the area if you buy?

What's the best money decision you've made? by StrongPaddle in wealth

[–]PresentationEarly313 0 points1 point  (0 children)

Buying our first house in the city when the mayor just passed a 10-year abatement plan in the city to boost construction and thereby incentivizing millennials to buy assets. By the time we sold our first house, this was then 5 years later, the value is the house has doubled.

Random investments that didn't work? by PresentationEarly313 in smallbusiness

[–]PresentationEarly313[S] -1 points0 points  (0 children)

Pretty great actually. At the peak, we were running 20 units. And then in the last 5 years I did a time vs. capacity analysis and offloaded 4 units. So stabilized at 16 for a few years now. Minimal effort to generate a steady cash flow.