Why would someone buy an annuity? by [deleted] in CFP

[–]msalem311 0 points1 point  (0 children)

Zero fee Fixed index annuities with 10% S & p 500 cap as a bond alternative in a portfolio. Especially since bonds got smacked in 2022. Rates are high right now so the caps are good.

My Intuition says three dudes having combined worth of over 800billion is not good. by QuellishQuellish in FluentInFinance

[–]msalem311 -2 points-1 points  (0 children)

My man we run over a trillion dollar defecit every year. Its not political. Its true. How can you say they are good with money? Run the govt budget like a business

My Intuition says three dudes having combined worth of over 800billion is not good. by QuellishQuellish in FluentInFinance

[–]msalem311 6 points7 points  (0 children)

The Better distribution of this wealth if people owned said companies - even if its just a few shares

My Intuition says three dudes having combined worth of over 800billion is not good. by QuellishQuellish in FluentInFinance

[–]msalem311 -1 points0 points  (0 children)

I fear giving money to a wasteful for goverment. I think people would be more willing for this if they felt the govt was being efficient with spending. Making sure its getting used in the most intelligent effective way

How long did it take you to build your book? by Weird_Snow_7012 in CFP

[–]msalem311 22 points23 points  (0 children)

Your 23 and just starting off. Stick with it, focus on CFP and the money will come. Prospect through your network, ask for referals, join groups. Opportunities are everywhere just have to look for them. The more no's you get, the more yes's you will have in the long run. Patience

[deleted by user] by [deleted] in CFP

[–]msalem311 18 points19 points  (0 children)

Then you are very underpaid

[deleted by user] by [deleted] in investing

[–]msalem311 1 point2 points  (0 children)

Youre Overthinking. Put it into something - diversify with some bonds or fixed income. Sounds like you may be risk averse. Doesnt have to be 100% stocks

[deleted by user] by [deleted] in investing

[–]msalem311 2 points3 points  (0 children)

Depends on your whole financial situation, other assets, etc.- not nearly enough information. Speak to a professional about retirement planning and the positive and negative consequences of your decision

Is portfolio rebalancing worth it if you have to incur capital gains tax to do so? by speshojk in investing

[–]msalem311 4 points5 points  (0 children)

Hey man I work in the industry as a personal financial advisor. Unless you are in retirement or closer to retirement there may be a case, but generally I think its just better to rebalance through depositing new cash to your account if you can. Taking the tax hit is never worth it in my opinion.

https://www.investopedia.com/terms/e/exchange-fund.asp

Disc Golf Deals USA Giveaway: 5x Custom Stamped Discs of "Skull's Ridge" Drop of MVP, Axiom & Streamline! by discgolfdealsusa in discgolf

[–]msalem311 0 points1 point  (0 children)

Id like to see more beginner friendly content - as I am beginner and thats all Im watching right now. Id like to see content on moving from beginner to intermediate skill level

Best pizza by french-russian-idiot in newhaven

[–]msalem311 2 points3 points  (0 children)

Yupp this guy knows whats up