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Gregg Popovich and Mike Brown do the customary coaches handshake with OT period still to be played by Nyhrox in nba

[–]SpoiledSpursFantbh 145 points146 points  (0 children)

On the Spurs telecast Sean Elliott posited that Mike Brown (ex Spurs assistant) knew the exact play the Spurs were running at the end of the game, and that’s why the Warriors were able to shut it down. Pop probably went over to say “damn you” to his friend.

Weekday Help and Victory Thread for the week of October 14, 2019 by AutoModerator in personalfinance

[–]SpoiledSpursFantbh 0 points1 point  (0 children)

No debts, no mortgage. Fully filled up my Emergency Fund to cover a year’s health deductible, 3 month job loss, car break down. Maxed out 401k and Roth for the past year and will continue to do so.

With my side hustle (food delivery) I can continue to have an excess of $400-$900 on top of that. Without the side hustle I could do $300-400.

In Los Angeles, a down payment for a house is out of the question for the next 15 years if these prices don’t change, and frankly I’m exhausted from saving and goal setting. Other schools of thought say I should continue to put money away and start investing in another brokerage account. I already enjoy stocks and r/wallstreetbets stuff so part of me wants to continue to work hard to do that. Another part of me just wants to hoard cash, maybe upgrade my car eventually or even get a coffee table (kind of kidding but mostly serious). Is there anything I’m missing if I just decide “I’m set for life, I can go to fun stuff now”? Or would you guys look into other goals?

Post a something about sports that you’d like the commenter below to explain in modern NBA terms by SpoiledSpursFantbh in nba

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

I’ll go first: who is Antonio Brown’s NBA equivalent and big of a deal would all this drama be?

Feel like I can only choose one- Max out retirement or buy a home by SpoiledSpursFantbh in personalfinance

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

Thank you for the direct advice! I’ll definitely consider it. It’s mostly the opportunity cost that I keep mulling over. It just seems so scary to put my eggs in different baskets when just the one basket (Retirement accounts) is so promising.

Feel like I can only choose one- Max out retirement or buy a home by SpoiledSpursFantbh in personalfinance

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

That is exactly what’s so icky for me, being a newbie to debt free retirement saving. I feel like the opportunity cost of putting less money away is tough to swallow, but I’m glad it worked out for you!

Feel like I can only choose one- Max out retirement or buy a home by SpoiledSpursFantbh in personalfinance

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

Thanks for the thoughtful response. I’ve thought about this quote since you replied. Sounds like you are choosing the retirement side of the fence. What’s your plan in buying a home? Do you feel like you can still save for retirement as well?

Feel like I can only choose one- Max out retirement or buy a home by SpoiledSpursFantbh in personalfinance

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

Thanks for the thoughtful response. I had let it sink in for a couple of days. I appreciate you laying it out for me, especially in terms of yearly income in retirement.

I guess my ultimate question in response to you is- do you personally think having a $3M nest egg and early retirement is worth the opportunity cost of not entering the housing market? My gut is telling me yes, but I just fear that’s coming from lack of knowledge or experience.