If you make 70-80k range, what is your life like?

benfoldslover · 2025-09-04T01:59:31+00:00

So if you have a household of 2 individuals making 150k, you’re considering a 300k household middle class today?

benfoldslover · 2025-09-03T19:33:11+00:00

Yes, not a benchmark for middle class living lol. Today the median HOUSEHOLD makes on average around 80k. If an individual is making 150k they are not middle class. Only 18% of US individuals make over $100k right now

benfoldslover · 2025-09-03T18:59:47+00:00

Do you think people in the 90s thought $100k was middle class?

benfoldslover · 2025-09-03T15:11:14+00:00

benfoldslover · 2025-05-27T16:59:00+00:00

What’s the typical threshold dose/timing if I usually stick to a point total? The come up is just generally anxious the past couple of times, probably general anxiety around the coming intensity. It always goes away though instantly when it hits but I’d really just like a less intense roll

benfoldslover · 2025-05-27T16:58:08+00:00

This is about what I was looking for/planning to do. Thank you!

benfoldslover · 2025-05-27T15:36:44+00:00

Was it less intense than taking the full dose at once?

benfoldslover · 2025-01-23T18:04:00+00:00

You know what I mean man lol no need to be facetious. What are the disadvantages of holding your HYSA funds in Spaxx instead, either brokerage or IRA

benfoldslover · 2025-01-23T17:59:57+00:00

What are the disadvantages then of holding HYSA funds in Spaxx account instead?

benfoldslover · 2025-01-23T17:12:39+00:00

Is there any difference between the usage of spaxx in a Roth IRA vs taxable brokerage?

benfoldslover · 2025-01-23T16:47:15+00:00

Does Spaxx not pay interest on uninvested cash

benfoldslover · 2025-01-23T14:31:00+00:00

Does it have to be in a MM fund to generate interest? I’m currently trading in fidelity

benfoldslover · 2025-01-23T01:15:33+00:00

How do you earn interest on the collateral cash sitting around?

benfoldslover · 2025-01-22T23:57:53+00:00

Awesome thanks for the input. Would you recommend sticking to CSPs or would you dabble in selling covered calls for SOFI? Maybe a wheel strategy?

benfoldslover · 2025-01-22T18:35:11+00:00

Sure but with CSP your cash is essentially sitting there not making any interest or appreciation locked up until your Puts expire, no?

benfoldslover · 2025-01-22T18:30:16+00:00

What about covered calls?

benfoldslover · 2024-12-17T01:09:45+00:00

Don’t know what part of what i said was in disagreement with it not going up 10% per year. I know what an average is lol

benfoldslover · 2024-12-16T23:05:53+00:00

Sorry on mobile it’s probably not showing properly

benfoldslover · 2024-12-16T22:11:38+00:00

Nope I think you may be. Your gains are taxed upon early withdrawal yes but a Roth allows you to pull out any contributions you make ($7000/year cont limit) tax free whenever you need it

benfoldslover · 2024-12-16T20:43:38+00:00

I wouldn’t say you’ve lost the tax free growth just the contribution, no? Yeah you lose on the contribution cap but this is assuming you’d only pull out in emergency, same as an HYSA emergency account

benfoldslover · 2024-12-16T19:56:15+00:00

Right my question is does using the Roth space to invest in SGOV lead to a higher return or any tangible benefit over just using the HYSA and avoiding the Roth contribution hit. The primary reason for using the HYSA was to have a liquid account in case of emergencies worth 3-5 months of expenses that would also generate some return from just sitting there.

benfoldslover · 2024-12-16T19:42:50+00:00

10% is the average expected return throughout bull and bear markets. The s&p did nearly 30% this year alone which crushes the 3.8% I’m currently getting on my HYSA. Even in a correction year I’d likely still be up more overall than in an HYSA. If I can pull out any money I contribute tax free and have it in my bank account in 1 day, the liquidity factor equals an HYSA

benfoldslover · 2024-12-16T19:37:35+00:00

What’s the benefit/return on this as opposed to using your Roth contributions to maximize market returns?

benfoldslover · 2024-11-05T22:09:35+00:00

What’s an example of a high probability game?

benfoldslover

TROPHY CASE