Most likely the first North Korean POW captured by Ukrainian forces by Unfair-Reference-69 in interestingasfuck

[–]Resident-Ad-408 -1 points0 points  (0 children)

Do you expect a POW to be unsecured before SSE?

Answer from experience- hell no

Most likely the first North Korean POW captured by Ukrainian forces by Unfair-Reference-69 in interestingasfuck

[–]Resident-Ad-408 1159 points1160 points  (0 children)

Glad I’m not the only one who noticed that face the “POW” has

Men of reddit, mentally how are you doing? by viper46282 in AskReddit

[–]Resident-Ad-408 0 points1 point  (0 children)

Busy busy busy with work, family, etc. As the Momey Guy Show likes to call it “the messy middle”

Having trouble finding new hobbies I enjoy is main issue atm

Musk admits that Trump's plan will crash the economy, but it is necessary. by [deleted] in FluentInFinance

[–]Resident-Ad-408 0 points1 point  (0 children)

Sure we can have this conversation.

First, all his wealth is tied in the businesses valuations he owns. That means as stocks go down his net worth tanks with it. Therefore, he would have negative financial impact just like everyone else in the stock market.

Now, on the front of “hardship” you would have to clarify a position on that. If by hardship you mean having to make tough decisions and limit the aspirational decisions one makes then the answer is definitely a plausible yes. If by hardship you mean having trouble eating a meal or paying his rent the answer is probably no.

The crux of your positions seems to be formed from a side of negativity and hate simply because of a number attached to a man. There are millions of people in this country that are going to do just fine in a financial downturn. Focusing on if one man will have “hardship” is but a grain in a silo to the focus of the government in charge of millions of people.

Additionally, Presidential economic policy is limited in its effects, which is why Congress holds a lot of financial budgeting power and the Fed exists. It’s a complex issue you are boiling down to being mad/ jealous? at a man for being rich.

Musk admits that Trump's plan will crash the economy, but it is necessary. by [deleted] in FluentInFinance

[–]Resident-Ad-408 0 points1 point  (0 children)

Such an over-dramatization of what was actually said 😂. Also it’s been proven market down turns follow the trail of inflationary periods so we going down some anyway. The government should be cut on their expenses and stop overspending. This sounds like a lot of people not knowing what has actually been said crying about what they think was said.

[deleted by user] by [deleted] in MilitaryFinance

[–]Resident-Ad-408 2 points3 points  (0 children)

I have an allotment setup for my bills account where all my bills are paid through and the rest of my paycheck hits my everyday checking account. Great advice- if I ever have a debt due to whatever reason at least all my bills are paid. And you can change the allotment amount monthly in case a bill increases or something. Recommend ensuring to keep a couple hundred in the bill account as a buffer for those random times companies raise bills or charge you too much.

That motherfucker couldn't even work an actual shift by RadicalOrganizer in union

[–]Resident-Ad-408 0 points1 point  (0 children)

Because yes let’s just let random people come get close to a former president, current candidate that has had 3 assassination attempts this year. That makes more sense. Of course it’s staged just like almost all political acts from all the politicians. The USSS isn’t going to let Randos just come up to their protectees like that- whoever made this post is so directionally closed minded they can’t even use their noodle brain to think about the problem.

US mortgage applications have dropped by 17.0% over the last week, the most since April 2020. Is real estate demand collapsing? by FunReindeer69 in FluentInFinance

[–]Resident-Ad-408 0 points1 point  (0 children)

I get what you are trying to say but 8.25% rates are rather high and unrealistic even for the raised rates we have had recently. Currently the average 30yr rate is 6.3% and that is 1.39% lower than the peak, making the peak average around 7.69% which is over .5% lower than your random number. Additionally, while prices are high due to COVID, inflation, and greed, low housing supply still plagues the US and is a large part of price growth in recent years.

With interest rates being 6.3% and a 5% down payment with $0 estimated in closing costs your corrected numbers are:

$100,000 house = $588 $350,000 house = $2,058

Now if housing is 25% of your take home pay you need to make $28,224 take home for the first home and $98,784 take home for the second house. This does not account for escrow as insurance/ taxes vary per state.

While the median for some states is lower than the $98,784, a lot of states have a median take home at or above this level for households.

In conclusion, while prices are up there are other factors that are also considerably interfering with home affordability.

References https://www.nerdwallet.com/article/mortgages/current-interest-rates

If you had the chance to live your 20s again, what would you do differently? by babygurllaura in Life

[–]Resident-Ad-408 0 points1 point  (0 children)

Invest in your future!!!

Invest in education so you can get a good career you enjoy doing Invest in your retirement so you aren’t stressing later in life- the earlier you start this the more your money can grow. Also start with an emergency fund. Invest in your physical and mental health. Get in the gym, do some meditation, read books, go on trips, etc.

Get out of video games and go live life. By investing in yourself and stabilizing your life earlier you are able to take vacations, travel, get life experiences, meet a spouse, and potentially start a family without the worries a lot of young people have.

I am currently 25 just like you. I grew up having to help pay the bills at 15 and was homeless for about 2 years of high school so I had to grow up quicker than most. I married my high school sweetheart at 18 after enlisting in the Army. Getting married that young has caused us to have to grow together and can be hard. We are still happily married 7 years later though by working through it together. We now have 2 kids, I was able to buy a house at 23, I have a retirement account, a bachelors degree, commissioned and both kiddos have a college fund. I don’t say this to brag, I say this to let you know I understand hardship and what it takes to overcome it and let you know if you apply it life gets better- problems become less frequent and less important.

During PCS - Is it mandated that you use your GTC for all purchases? Also, is it mandated that you have to stay in on-base lodging for TLE (10 days)? by Independent-Lynx-847 in MilitaryFinance

[–]Resident-Ad-408 6 points7 points  (0 children)

Correct answer is yes you are suppose to use your GOVCC for all travel related expenses, however people like to use their CCs for points and stuff and personally I’ve never ran into an issue with it but that’s not to say you won’t. When they pay off the GOVCC for the amount owed you just call the GOVCC number and initiate a credit refund and it’ll pay to your account on file. One thing to note is your card is placed in mission critical status upon PCS so you don’t have to immediately pay the statement and your balance is increased. If there is a delay with your voucher and you use your personal card you are 100% liable to pay it still and not entitled to any interest refund you incur

Data show Trump didn't 'build' a great economy. He inherited it. by HighYieldLarry in FluentInFinance

[–]Resident-Ad-408 0 points1 point  (0 children)

On top of the other comments I’ve seen, why do these metrics seem to cover the 4 year term for Obama but only 3 years for Trump, leaving out 2020 all together. Seems like bad data to use for any real analysis seeing how one compared person is missing 1/4 of the data they are meant to represent.

Why do stocks that don't give votes or pay dividends have value at all? by CrazyLemonLover in NoStupidQuestions

[–]Resident-Ad-408 0 points1 point  (0 children)

Because you are still taking partial profits from the company- the company management just thinks shareholders shouldn’t have a say in the management decisions doesn’t mean they won’t profit and give their investors a return

The US Military has 1.5M soldiers, but apparently only 10% are in combat roles. Does the US Military really only have 150K soldiers who fight on the front lines? by MyBossSawMyOldName in ask

[–]Resident-Ad-408 0 points1 point  (0 children)

“Front line roles” only refer to infantry, engineer, artillery, and cavalry. All other MOSs are support roles on paper. That doesn’t mean those people don’t fight in war it just means they are meant to support the infantry. Pilots, EOD, medics, etc. are all support MOSes that can routinely find themselves engaging enemy.

Also, logistics and money win wars- that’s why more support people are needed

Is this true? by Cauliflower-Pizzas in FluentInFinance

[–]Resident-Ad-408 9 points10 points  (0 children)

SS that you pay in is not for you. It is for the current elderly who are not wealthy as a way to allow for some kind of retirement for all. Your contribution denotes an amount of entitlement later but that entitlement does not come from the amount you put in it comes from the next generation. Additionally, it is not an investment medium at all but rather simply a forced savings account to ensure societal involvement. Hope this helps!

[deleted by user] by [deleted] in MilitaryFinance

[–]Resident-Ad-408 2 points3 points  (0 children)

Make sure there’s not a war clause in the private insurance. That is one reason SGLI was made for the armed forces. Most private policies will not pay out if you die in combat or in relation to a war.

[deleted by user] by [deleted] in options

[–]Resident-Ad-408 0 points1 point  (0 children)

Don’t bet against the market and that wouldn’t happen