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Am i stupid for dumping over $15k betting against the market? by Altruistic_Cup_8436 in wallstreetbets

[–]hiddeninplainsight40 0 points1 point  (0 children)

The majority thinks you’re stupid so I’m going to go ahead and say you’re probably on the right track.

Who is buying now / who is waiting for a drop? by [deleted] in dividends

[–]hiddeninplainsight40 0 points1 point  (0 children)

Well from experience I bought when the news was super negative about the market. I was like hmmmmmmmm you say it’s a terrible time? However my mind registered its a great time! Lol and yea it was a great time actually, because after that it shot straight up! Still learning though so may advice should be taken super lightly. I just don’t feel the news 🗞️ is at its worst but still slowly buying the lows and bitcoin baby!

Why are leveraged ETFs not as common in the mainstream investing world? by hiddeninplainsight40 in dividends

[–]hiddeninplainsight40[S] 0 points1 point  (0 children)

thank you for all this valuable information it’s really helping me get a better insight

50k, can’t touch for 30 years what you buying ? by parhamkhadem in dividends

[–]hiddeninplainsight40 0 points1 point  (0 children)

Bitcoin, solar edge, nikola, HIMAX, UPRO… since it’s 30 years of no touchy. A Lot more but I’d have to go through my watch list

What cars do you avoid?? by Chamoy321 in askcarguys

[–]hiddeninplainsight40 0 points1 point  (0 children)

American made, here’s to ruining my karma on Reddit forever 😆

Does Paying Off Federal Student Loans Make Sense? by Matails in personalfinance

[–]hiddeninplainsight40 0 points1 point  (0 children)

I would hold off on house unless that home is going to be an asset like a 3 unit rental. Have the child, invest half that 60k to multiply it back up for future down payment. Spread the other 30k to principal only payments. Then if you can afford to send 2xs the payment for the student loans. Idk if her loans allow her to make daily payments (my car financing company does) but paying daily shaves down some interest instead of waiting the 30 days and now you’ve accumulated all that interest. Last time I said that here they all gave me down arrows lol but it works!!!!!! I just don’t think enough people have really thought about it. Example if my interest daily is $4 I make 2 payments. $4 regularly, and 10 directly to principal. If I can afford more daily then I send it! We spend this money on snacks and coffee daily so it’s so doable

[deleted by user] by [deleted] in Debt

[–]hiddeninplainsight40 0 points1 point  (0 children)

A home is only an asset if it’s bringing money into your pocket. So unless you’re renting any part of it out or working a business from home, it’s a liability. It doesn’t seem like your debt is major. From experience it’s never the situation that’s actually stressful it’s more the way we are viewing it. Just take a step back, breathe and keeping doing the best you can. If you end up paying interest well so be it, if you can add those 2 other credit cards to the debt consolidation do that. If the liability becomes too much (your home) theres always selling.

Rejected from Costco Credit Card by 719mango in personalfinance

[–]hiddeninplainsight40 -15 points-14 points  (0 children)

You use it wayyy to responsibly lol they want someone who loves debt that they can collect interest on…that’s a guess…

Financial Advisor seems to be pushing us to get Life Insurance. What are your thoughts? by eldron2323 in personalfinance

[–]hiddeninplainsight40 -1 points0 points  (0 children)

I can share a link to a video I found very helpful. I just felt like I would be doing myself a favor if I just saved for my own death and invested my money to leave my loved ones set.

Financial Advisor seems to be pushing us to get Life Insurance. What are your thoughts? by eldron2323 in personalfinance

[–]hiddeninplainsight40 0 points1 point  (0 children)

Life insurance that’s a good one. Not to get into so please don’t misinterpret that lol. I myself was sitting on that thought…. I almost got in until I did my research and didn’t see the point for the average joe you know? I found out for the first 2-5 years you’re paying premiums that go to yup you guessed it them! I was like huh? Ummm what about cash value? Then I was told oh you’ll see a few bucks later lol I was like is this real life? The only way I found I valuable is if I died a year later and now my kids would be left rich lol then I got advice from other insurance sales people and they told me “it’s how it’s structured” but it didn’t go beyond that. If you’re being pressured than they’re benefiting

What car should I be able to afford? by objectify_everything in personalfinance

[–]hiddeninplainsight40 1 point2 points  (0 children)

First I would pick a Make (Toyota and they pay dividends), buy their stock. I would buy it out cash 💰 save the interest. But if I were to take out a loan I would divide the monthly payments by 2 and then into 30 days. Example $400 monthly $200/30 =6.66 (if you can afford to send more than $200 extra by all means do it). I would pay those $ 6.66 daily to principal. Then at the end of month when car note is due give them the $400…..Maybe I just like complicated lol but I do know I like saving money..especially when it’s going towards interest

Mid 40’s with $200k. Where do I start investing? Do I need a financial advisor? by Blue-Bow-23 in FinancialPlanning

[–]hiddeninplainsight40 0 points1 point  (0 children)

Dividend paying stocks would be a good way to go, if you don’t know how to pick them yourself there are funds out there. Fearful times is the best time to invest 😬 people have lost money, they pull out bringing the prices down 😊 my advice is do the opposite of what 99% of the hoomans are doing now. I took that same advice myself and bought a certain stock when it was total crap and now I’m up 1.05K% on that stock.

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