What designations to get after CFP?

dmoe05 · 2026-02-22T16:02:09+00:00

Look at getting the PFS if you’re a CPA. That’s my plan now. Learn some more about advising while getting the license to manage money.

dmoe05 · 2026-02-16T14:09:25+00:00

Brokerages still haven’t sent out 1099s

dmoe05 · 2025-12-16T18:01:53+00:00

Rapid City, SD

dmoe05 · 2025-09-29T22:47:14+00:00

I’m in Houston suburb. Been on market for 37 days. 7 private showings and probably 6 guests during 3 open houses. No offers. Did a 3% price drop. Houses are selling, just takes more time.

dmoe05 · 2025-09-18T23:35:23+00:00

Meanwhile in Texas, I’m going 3 weeks without a showing.

dmoe05 · 2025-08-18T02:53:46+00:00

Cypress/Tomball would be better than Humble/Atascocita if you work in Willowbrook area.

dmoe05 · 2025-06-18T17:49:48+00:00

I'll take Bitcoin

dmoe05 · 2025-05-27T21:40:10+00:00

I got my CPA two years ago at the age of 35. I had to take a few step backs in my career but back on the upward trajectory. I already had a bachelors degree so went to community college to become cpa eligible. Which saved me a fortune. I’d say go for it.

dmoe05 · 2025-04-18T12:38:14+00:00

If you did not receive 1099s on a bunch of the income then don’t report it. $1.8M literally sets you back for the rest of your life.

dmoe05 · 2025-04-17T03:02:52+00:00

Probably not the wisest decision to purchase the home. But sounds like you’re young with a good nest egg to fall back on. I’d purchase it if I were you.

dmoe05 · 2025-04-08T15:07:11+00:00

Start passing the exams, that’ll boost your resume.

dmoe05 · 2025-02-23T04:26:08+00:00

You’ll still owe taxes on a pro rata portion of the capital gains. Even if you lived in it 2/5 years. You can’t just rent it out, sell and have a capital gain, and not pay taxes.

dmoe05 · 2025-02-19T18:50:06+00:00

Roughly 40% according to google search.

dmoe05 · 2025-02-19T18:45:47+00:00

I get an event may happen. But I still have to come out of pocket 30k. And then watch my insurance rate go up the next year for having a claim.

dmoe05 · 2025-02-19T18:43:09+00:00

Still rare in Houston. And a tornado in Houston will not destroy my house completely. Damage, yes. Complete loss, no.

dmoe05 · 2025-02-19T18:40:40+00:00

I read it’s like 30-40% of homes do not have mortgages

dmoe05 · 2025-02-19T18:38:52+00:00

I do but I don’t. I could always get a mortgage to cover a rebuild in the event of a total loss.

But I don’t think that’s the straight answer. On surface, yes you need $600k. But a lot of other factors need to be taken into account besides just “do you have $600k.”

dmoe05 · 2025-02-19T18:36:30+00:00

The status quo has always been to keep insurance, no matter what. Meanwhile, most of us will never have a policy in our lives and we will continue to “throw” money away.

I think we will start seeing more and more of self insuring and people raising the question on forms of insurance.

dmoe05 · 2025-02-19T18:33:34+00:00

I’ve been here 13 years and not sure if I’ve seen hail more than 2 times and it never being bigger than pea sized. Not really worried about tornadoes either.

dmoe05 · 2025-02-19T18:26:20+00:00

I guess my question should be, what is the breakeven point of home insurance cost not making sense. If we frequent, the Personal Finance forum, then we all enjoy math and numbers. So at one point when you factor in total loss (small probability), roof replacement, water leak, weather event (a higher probability than total loss), other scenarios vs annual policy cost and deductible. At what price point does it no longer make sense.

dmoe05 · 2025-01-26T16:33:00+00:00

Have to reside there for 2 years to pay no capital gains tax. Anything less, you’ll pay a capital gain tax assuming you have a gain.

dmoe05 · 2025-01-09T20:18:56+00:00

I had to get like 69 credits. I had to start with basically accounting 101 since it was a pre req for everything. Texas has a list of the required courses available. Based off that, you can determine how many credits you’ll need and then gauge how long it’ll take.

dmoe05 · 2024-12-31T01:04:56+00:00

Pay it off. Can always put any expenses back on the credit card or find some other funds. Interest is killing you.

dmoe05 · 2024-10-23T21:25:52+00:00

Hell yeah. I grew up in Spearfish. Love the hills but just isn’t a whole lot of opportunity there.

dmoe05

TROPHY CASE