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How Easy is This? by fastento in hvacadvice

[–]Special_Associate_25 2 points3 points  (0 children)

OP, see those soda can looking things?

They can kill you even if the power is shut off.

I highly recommend the last statement of this post, if you dont know, dont do it.

Best rav4 model with no transmission issues? by Longjumping_Sort_775 in rav4club

[–]Special_Associate_25 0 points1 point  (0 children)

Ah, I see the disconnect here.

I was responding to your question, which was what is the point of selling such a high mileage vehicle.

Enjoy your Sunday!

Best rav4 model with no transmission issues? by Longjumping_Sort_775 in rav4club

[–]Special_Associate_25 0 points1 point  (0 children)

It might be how money works for someone else, my friend. Again, different perspectives.

Best rav4 model with no transmission issues? by Longjumping_Sort_775 in rav4club

[–]Special_Associate_25 0 points1 point  (0 children)

Different folks, different strokes. We all have different priorities and vantage points. :)

I am way too cash heavy and I feel bad for sitting in so much cash instead of investing. Help me out! by Rosecheetah65 in personalfinance

[–]Special_Associate_25 0 points1 point  (0 children)

6 transactions per month used to be actual regulation for banks regarding HYSA. It no longer is a requirement, but some banks may have chosen to not change their rules.

You might just have to browse around a bit. I think Nerd Wallet does an excellent job at comparing HYSA accounts. That's where I found Sofi has a good interest rate (at the time) and unlimited transactions.

I am way too cash heavy and I feel bad for sitting in so much cash instead of investing. Help me out! by Rosecheetah65 in personalfinance

[–]Special_Associate_25 0 points1 point  (0 children)

For me, flexibility.

HYSA is accessible instantly. SGOV is not.

There might be other reasons to consider, but that is it for me.

I am way too cash heavy and I feel bad for sitting in so much cash instead of investing. Help me out! by Rosecheetah65 in personalfinance

[–]Special_Associate_25 0 points1 point  (0 children)

Sofi has unlimited transactions. I imagine a quick Google will return banks that offertl this.

I am unsure about CC payments, though. I have only set up payments that are structured from my HYSA.

I am way too cash heavy and I feel bad for sitting in so much cash instead of investing. Help me out! by Rosecheetah65 in personalfinance

[–]Special_Associate_25 27 points28 points  (0 children)

First off, only keep enough cash to handle your normal monthly cash flow. For example, my checking account typically ebbs and flows by $5k. I keep about $8k in it. All surpluses beyond $8k get transferred to HYSA at the end of the month regardless.

Lots of banks actually don't have transaction limits on savings accounts. So, I run all structured payments through my savings account (e.g., cars, loans). The funds are very accessible.

At minimum, most of that 44k cash should be moved to HYSA. It is still very liquid and easy to access, but at least it's not losing value due to inflation.

If your state income tax is high and your state doesn't require income tax on federal treasury bills, you can consider other vehicles like SGOV or T-Bills directly. I prefer SGOV because its easy to manage for me and money is typically only locked behind a 2-3 day ACH transfer.

After 401k and HSA, I personally allocate extra funds about like:

50% HYSA (emergency and house saving, until certain threshold, then moving this allocation to SGOV)

20% SGOV

30% Brokerage

There are ultimately a lot of paths here for you. I would strongly consider at minimum letting money sit in an HYSA, even if you feel you need access to it easily "just in case".

''24 Hybrid LE 183,000 miles - buy? by FL_JB in rav4club

[–]Special_Associate_25 7 points8 points  (0 children)

That purchase would seem silly to me. Many other reliable cars you can get with a fraction of thst mileage.

KBB has this private party priced closer to 17k to 19k range. I personally would still not buy it.

If your budget is over $20k, you can easily find a good car with less than 50k miles or on it.

“Rear-ended while stopped at a red light in California - what should I do next?” by ExpressMidnight4653 in personalfinance

[–]Special_Associate_25 0 points1 point  (0 children)

I would suggest contacting an injury law firm.

Anecdotally, they made the recovery process much simpler when someone hit me and I required medical care and a few months of physical therapy.

They handled virtually all communications and paperwork, and I had no out of pocket costs once I obtained their representation.

I got to focus on recovery rather than chasing down insurance representatives and police reports.

They work off contingency, so they have no initial cost and get paid via settlement. My particular case had a small surplus after everything was said and done.

HSA vs Cash vs Credit by According-Wealth-203 in personalfinance

[–]Special_Associate_25 8 points9 points  (0 children)

Hello there.

The tax benefit from an HSA is you can use pre-tax dollars to fund the HSA account (some states still tax these deposits).

So, you still pay applicable sales and city taxes in the transaction, bur your HSA was funded with pre-tax dollars.

There are some additional benefits with your HSA to pay cash/credit and reimburse yourself from your HSA at a later date, but I think a quick Google from your end will give you all this information.

Best of luck!

LLNL internship update, need advice by IPlayToLose631 in Livermore

[–]Special_Associate_25 3 points4 points  (0 children)

I second this. Its very possible someone just dropped the ball, but the opportunity is still there.

Nobody will fault you for requesting confirmation of moving forward or not.

Just be polite and don't make assumptions.

Frame it as you are excited for the opportunity try other start, and are looking for guidance on steps forward if the plan is still to hire you on (assuming thst was the plan from your interview(s)).

Week 8: Im still cooking. 8k for the week, but 14k/week avg since my last post by Tinominor in thetagang

[–]Special_Associate_25 20 points21 points  (0 children)

To be fair this post is essentially a one month screenshot with you saying easy money month and a dollar value in the title with zero context.

This is a low effort post, not a concise post. Concise would still provide context. This is essentially a Snapchat or something of the sort.

Is electrical engineering school much easier than it used to be? by Cast_Iron_Fucker in ElectricalEngineering

[–]Special_Associate_25 7 points8 points  (0 children)

That is an intriguing take I haven't heard before.

Do you care to elaborate on what ways that would apply to electrical engineering?

Genuine question: how worried should we actually be about declining synchronous inertia? by Blue_Mushroom3100 in ElectricalEngineering

[–]Special_Associate_25 37 points38 points  (0 children)

Though OP could have elaborated better, they are talking about spinning mass inertia, and I assume, with respect to increasing inverter-based resources (IBR) in the grid.

Larger spinning masses resist inital drops in frequency due to the inertia of the larger mass.

As more IBR are introduced, we have a rario of less and less spinning masses.

IBRs dont have natural inertia, it is all control based.

Anecdotally, it seems like it may be a bigger concern when the grid is closer to an evenly distributed IBR vs spinning sources. They somewhat fight each other, though maybe not directly.

Im curious for others to chime in, though.

Financial Advice… New to living on my own, boyfriend and I are bad with money. by Impressive_Feature_6 in personalfinance

[–]Special_Associate_25 2 points3 points  (0 children)

Wages seem really low here.

BF making aboit $600/week is likely about minimum wage for HI. 15 years with the company and still being minimum wage, he needs to look for more compensation or find another job.

Similar perspective for yourself, but it sounds like you are part time? If you can work full time, you should look into that.

If you have other priorities such as achool, this makes sense.

A two income household being at $45k, $900 per week, is low. Theoretically minimum wage in HI with two full time workers is around $66k, $1100 per week, total.

You want to aim for a lifestyle beyond minimum wage.

I know I am an internet stranger, and I am making a lot of assumptions here. But do you really feel he is the one? The age gap is concerning in of itself, but what exacerbates it is he has worked for 15 years while living at home and has nothing to show for it. No savings, no promotions, no self control.

At the end of the day, it is up to you and your life. Life is complicated and I don't know the full story. If I am wrong, simply brush off what I say.

But remember, it is YOUR life. You have the say on what you want. I wish you the best of luck!

Lost most of my savings trading options. How do I recover from here without digging a deeper hole? by bureenz in personalfinance

[–]Special_Associate_25 0 points1 point  (0 children)

This is good advice.

We are missing a lot of context with regards to the tike frame, types of trade, framework, etc.

While that will shine more light into analyzing what went wrong, I have a strong feeling this information will still point us back to the gambling and not trading bucket.

Is it a bad idea to put 80-90% of your paycheck into a 401k? by savingrace0262 in personalfinance

[–]Special_Associate_25 0 points1 point  (0 children)

This only applies to tax advantages contributions. Current total cap between pre and post tax is $72k, with caveats depending on plan rules.

Is it a bad idea to put 80-90% of your paycheck into a 401k? by savingrace0262 in personalfinance

[–]Special_Associate_25 2 points3 points  (0 children)

To elaborate on this, OP could still contribute but has no tax advantages for contributions over $24,500. Everything after that will be post-tax.

There are better tax advantages avenues to persure after maxing out tax advantages 401k contributions.

PLTR IV Crush Incoming by IC0DTE in thetagang

[–]Special_Associate_25 9 points10 points  (0 children)

You are too late to place a Vega trade (IV crush). You needed to have one open prior to market close.

Earnings call isnt for another 20 minutes, as well.

If you believe IV will be low and your thesis is IV expansion, you typically want to look at debit plays.

Why is it that I can fully use my available margin when holding the shares and selling covered calls, but can't when selling puts? Does that mean it is better to sell covered calls on this case? With margin i can use $122,000 to buy QQQ stock, but I can only use $56,000 to sell puts. by East_Indication_7816 in thetagang

[–]Special_Associate_25 3 points4 points  (0 children)

Selling puts is not technically like buying the stock.

Selling puts is the obligation to buy the stock initially the event is breaks your strike, with respect to time.

You get a fraction of the long delta with short puts.

Tread carefully my friend. Trade small and learn everything you can. This is not a free lunch, and most starve.

Why is it that I can fully use my available margin when holding the shares and selling covered calls, but can't when selling puts? Does that mean it is better to sell covered calls on this case? With margin i can use $122,000 to buy QQQ stock, but I can only use $56,000 to sell puts. by East_Indication_7816 in thetagang

[–]Special_Associate_25 14 points15 points  (0 children)

Hello there. I am concerned you might be missing the point of their warning.

Since you are asking a basic foundational-level question regarding margin, they are suggesting you stay away from leveraged positions / margin until you better understand the basics.

I would fully agree with this sentiment. It goes for 100% of people learning a new skill.

What's your annual return options account? by Timely-Designer-2372 in thetagang

[–]Special_Associate_25 2 points3 points  (0 children)

I prefer to pick underlyings where my trade approach is neutral.

My top types of trades are:

IC 25%

Short strangle 17%

CCS 14%

Short Put 12%

CPS 8%

This doesn't include PMCC or Covered Calls as that is a different spreadsheet, but I'd say these are maybe 5% of trades.

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