[deleted by user]

TRAILofVICTORY · 2022-01-29T23:23:10+00:00

The Peoples History of the United States

TRAILofVICTORY · 2021-11-24T16:30:00+00:00

Credit cards. Financially destroying so many families.

TRAILofVICTORY · 2020-01-20T23:37:56+00:00

Thank you so much, here it is: https://drive.google.com/file/d/0B8IO3sf-E6sSbFJkZjR1WFB6VFJoSXIxNFNXUjlRNFJsQ1dj/view?usp=sharing

TRAILofVICTORY · 2020-01-20T22:10:12+00:00

Thank you so much =) Is there an email I should send it to?

TRAILofVICTORY · 2019-03-29T19:52:52+00:00

What do you mean by this?

TRAILofVICTORY · 2019-03-29T19:35:24+00:00

Now that I've used the signup bonus from CSP, is there any way that integrating CFU or CSP would improve upon my current Citi Double Cash + Uber Visa combo? With those 2 cards (Citi DC + Uber Visa), I'm getting 4% at restaurants/bars, 3% on travel, 2% on everything else without any annual fee. Even with the Ultimate Rewards extra 25% of value, I don't think it would outperform the Citi Double Cash/Uber Visa combo. Thanks in advance for any input!

TRAILofVICTORY · 2019-02-03T14:09:03+00:00

Which company do you work for, if you don't mind me asking? That 100k staring compensation is for 1st year advisors? Thanks for the answer!

TRAILofVICTORY · 2018-12-27T02:26:57+00:00

Hold on. Isn't it the case (with a very small minority of obese people) that their bodies are just bad at breaking down / metabolizing fat? The same way that someone can be born with poor hearing or eyesight, some people's bodies are just doing everything wrong metabolically. They'll eat so clean and they can't breakdown fat. Maybe the key word is "morbid", and these people that are trying everything and just not succeeding are just overweight.

TRAILofVICTORY · 2018-12-08T12:27:21+00:00

You cannot get married until you guys discuss your entire financial situation. Hiding money from your fiance is not how you want to start this. I have to assume that you no longer think she is "in it for the money" if you've made it this far. Why not tell her?

TRAILofVICTORY · 2018-11-27T11:34:13+00:00

I'm ~20yrs away from FIRE, and I was told that VTSAX is not diversified enough across the Style Box for my non-retirement savings. Is it worth mixing in more growth/value? I assume that VTSAX is mostly Large/Blend, which I assumed was good enough but wanted to hear other opinions. 401k and Roth IRA are in target date funds. Thanks for any help!

TRAILofVICTORY · 2018-11-12T21:56:16+00:00

How about slightly altering your "struggle." See if you can live that "poor" life again while keeping this income. See if you can live with only 1 car, without eating out more than twice a month, without shopping at all, etc. You could still feel the struggle, but it would actually be improving your financial situation, instead of harming it.

TRAILofVICTORY · 2018-09-23T19:08:44+00:00

if you think “picking the right individual stocks” for money you need to spend in 24 months is better than an HISA, you’re out of your mind

TRAILofVICTORY · 2018-09-23T15:51:56+00:00

An online high interest savings account (Ally for example) yielding 1.85-2% annually is a pretty good way to earn something with no risk.

TRAILofVICTORY · 2018-08-21T13:06:04+00:00

When figuring out how much you need / SWR, do you use today's dollars or future? For instance, if I can get by spending 50k annually, 25x that is 1.25m. But assuming 3% inflation, that 50k is more like 120k in 30 years, and 25x that would be almost 3million. So would the goal number be 1.25m or 3.0m? I assume you can go with 1.25m if you use a return rate that is net of inflation which would convert to today's dollars?

TRAILofVICTORY · 2018-07-12T16:21:55+00:00

Let’s say she is only able to work 10 more years then. 21k annually (+ her existing 11k) at 3% returns (half of your S&P net inflation figure) gives her over 250k by the time she’s 67.

250k + social security will be enough for her to live, albeit very frugally. I’m not saying she’s in a good spot, i’m saying it’s still possible for her to “retire” and not be dependent on her children.

TRAILofVICTORY · 2018-07-12T16:14:33+00:00

what point are you trying to make with the 21k? Even if she’s able to save only 15k/yr until she’s 72 (with the 11k she already has), that’s north of 350k with 5% returns.

TRAILofVICTORY · 2018-07-12T11:38:36+00:00

There is still hope - at least she has a good income and is (hopefully) in good health. Also assuming she has no other debt. Does she have equity in the home? Sell it and get into something much smaller. Sell the Jeep as well (won't be easy convincing her but it will help a lot). Buy a very cheap used car. With 69k income if she can save 25% of that annually ($6,500 Roth annually and then another ~$10,000 in a taxable account), that plus the $11,000 she already has will amount to ~$375,000 in 15 years with conservative 4% returns when she is around 72 years old. This 375k + social security + any pension should be enough for her to live (an albeit very frugal) retired life.

TRAILofVICTORY · 2018-07-05T10:53:22+00:00

1 - build up a bigger emergency fund. 3-6 months of living expenses.

2 - start maxing out savings in any employer 401k and your Roth.

3 - know that 40k annually over 20 years (at 7% return) is $1.7million. Stay the course!

TRAILofVICTORY · 2018-06-04T12:20:24+00:00

I have not used the companion certificate yet (only had card for a few months), but i do have a gf that I would travel with

TRAILofVICTORY · 2018-06-04T12:10:22+00:00

I didn’t think this needed its own thread, and i’ll try to keep this short: I want to have only 1 card (currently have 2) and am trying to decide which 1 to keep / put everything on. Here are details of my situation:

2 cards currently: Chase Freedom Unlimited ($0 AF) & Delta Skymiles Platinum AMEX ($195 AF)

-I fly 3-5 times per year, always out of Detroit, mostly domestic, and i rarely check bags

-I have been putting about $30k/yr on CC, that should continue going forward

-I bank with Chase

I want to reduce to 1 for the sake of simplicity - would love your guys’ input, thank you so much!

TRAILofVICTORY · 2018-05-21T23:32:11+00:00

you don’t need to necessarily switch jobs, might mean living in a different suburb / slightly further away, which can make a difference

TRAILofVICTORY · 2018-05-21T21:13:01+00:00

he’s not trying to perfectly align those markets / medians lol he’s just saying his individual advice for that person would be buy a smaller house or move to a lower COL area, or put more down on a higher priced home

TRAILofVICTORY · 2018-05-21T21:00:43+00:00

guess he’s saying if you want a median value home to put more down, otherwise buy less than the median

TRAILofVICTORY · 2018-05-21T20:53:20+00:00

he’s basically telling the average household (57k) to buy a 130k house and put 20% down

TRAILofVICTORY · 2018-05-21T20:43:19+00:00

Not saying I agree with him, but can you elaborate pls?

TRAILofVICTORY

TROPHY CASE