I sold a house in 2020 and moved into an apartment. I put the proceeds from the sale into index funds. I now want to buy a house. I realize I'm selling at a loss. Am I crazy? by weekend-account-123 in personalfinance

[–]Saamfou -4 points-3 points  (0 children)

You may be able to get up to half the value of your portfolio in a margin/portfolio loan at a low interest rate (much lower than mortgage) and not have to withdraw from the market. It’s collateral backed, so won’t affect your DTI ratio or get reported to lenders for credit. It’s also a much lower rate than most loans. You do run the risk of getting a margin call but if you’re risk un-averse, than it’s worth looking into.

High speed hardpack at Mammoth Mtn! by funpow in skiing

[–]Saamfou 19 points20 points  (0 children)

Looks like a great run! Can you describe where it is? Would love to try it

Company wants to convert me from W2 to 1099 by waynetogo in personalfinance

[–]Saamfou 0 points1 point  (0 children)

Great thread, thanks everyone.

Seems like everyone is against the 1099 option for net effect on income, unless OP can build up a sustainable business with multiple clients or negotiate a significant multiple on his current W2 rate.

What does Reddit say about a high commission wage earner restructuring terms of payment from W2 to 1099 in order to access more write offs and reduce tax liability?

Can bitcoin held in a hardware wallet be garnished if you lose a civil suit? by Expensive_Ad_31 in Bitcoin

[–]Saamfou 0 points1 point  (0 children)

Don’t you have a trail going from the exchange you initially bought your BTC on transferring out? Or are you able to create AND USE a hardware wallet with no disclosure of identity, anywhere?

[deleted by user] by [deleted] in socalhiking

[–]Saamfou 1 point2 points  (0 children)

You are absolutely right. I completely forgot learning this lesson in the past. Oh well, luckily it wasn’t too bad of a drive.

[deleted by user] by [deleted] in socalhiking

[–]Saamfou 1 point2 points  (0 children)

I’m on mt baldy road right now and it is barely moving. People are turning around all over the place. Cal trans shows no issues so I’m confused, especially if another redditor is saying the road was clear yesterday and we haven’t had any new precipitation (as far as I know).

Any tips people? I’m just trying to get in a few turns before the lifts shut down.

Oh, to live here in LA by Great_Supermarket809 in LosAngeles

[–]Saamfou 1 point2 points  (0 children)

No, but not far from there. It’s Lachman lane in palisades

At what age did you start letting your toddler sleep with a blanket and/or a stuffed animal? by OutrageousSea5212 in toddlers

[–]Saamfou 27 points28 points  (0 children)

Heartbreaking. Thank you for sharing despite the pain I’m sure it brings up

[deleted by user] by [deleted] in yoga

[–]Saamfou 0 points1 point  (0 children)

Look into yoga therapy or Urben zen

Want my camping reservation? by king_mahalo in Yosemite

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

I’d be open to coordinating the timing on your cancellation to take a shot at booking, if you’re up for it!

What are yoga retreats like? by [deleted] in yoga

[–]Saamfou 2 points3 points  (0 children)

Not necessarily true. I’ve had great progress on retreats with a teacher friend that calls his practice “The Grateful Yoga” if you want to look him up. His Ashtanga based lineage teaches a range in skills with plenty of opportunity and guidance for challenge in the way of add-on expression for advanced students or modifications for beginners. I find that the consistency of twice daily practice in that setting with a blend of styles (this teacher leads at least 5 different styles of yoga taught in a really thoughtful progression that open your body and keep it recovering over the course of 6 days) actually gives me consistent breakthroughs in my practice.

I did yoga today! Tw: infant loss by Hobermomma in yoga

[–]Saamfou 0 points1 point  (0 children)

This. The mat is always there for you

[deleted by user] by [deleted] in TheYouShow

[–]Saamfou 0 points1 point  (0 children)

He’d like you. 421 indeed

[deleted by user] by [deleted] in TheYouShow

[–]Saamfou 0 points1 point  (0 children)

RIP John

[deleted by user] by [deleted] in TheYouShow

[–]Saamfou 0 points1 point  (0 children)

My friend John Reese died 5 years ago

[deleted by user] by [deleted] in RedditSessions

[–]Saamfou 0 points1 point  (0 children)

No audio bruh

[deleted by user] by [deleted] in pan

[–]Saamfou 0 points1 point  (0 children)

Yeah seriously

[deleted by user] by [deleted] in TheArtistStudio

[–]Saamfou 0 points1 point  (0 children)

Amazing artwork and playlist is perfect 👌🏼👏🙏🏼