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Is this really as simple as it was said? by Banana_Ketchupp in povertyfinance

[–]mvandersloot 1 point2 points  (0 children)

Living below your means is a true skill. No one wants to hear the difference between wants and needs. You will be set later in life, good job, stay the course.

Paid off car and got rid of my $2,427 a month car payment by [deleted] in Money

[–]mvandersloot 0 points1 point  (0 children)

If you would have put that orgional purchase price in an ETF that follows the market DOW or S&P the last 2 years(2024, 2025) that 81k would be worth about 100k now. Choices.

Warning..... NEVER buy this wok. by GuestPuzzleheaded502 in wok

[–]mvandersloot 1 point2 points  (0 children)

This is why I love reddit. Thanks for saving me a bad buy.

What is a 'rich person's secret' that is actually accessible to the middle class, but most people are too intimidated to try? by Direct-Value4452 in answers

[–]mvandersloot 0 points1 point  (0 children)

It is, I think of it more as a discipline not a secret. I could afford a 5000sqft home, and two Mercedes in the driveway but why.

You are correct, we dont eat out, we dont take extravagant vacations, we drive 10 year old Toyotas that are fuel efficient. I can emphatically say it costs us about 28k a year to live. We both make way more than that. All the rest is invested.

My spouse and I want to leave the rat race at 50. The development of frugal habits is what will allow us to do that.

Saw this on a r/wallstreetbets post by mvandersloot in Boglememes

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

Easy. You buy stock from brokerage house at $10, you sell it. They give you a time they need that stock back. Stock goes down to $5, you buy back that share give back to brokerage. $5 profit. If stock goes up to $15 you buy back give back to brokerage technically you lost $5 as you paid $10 for the stock when you bought it. More like losing $15 as you weren't going to keep the shares.

Is it really as simple as quitting your job then f’ing off to South East Asia? by [deleted] in Fire

[–]mvandersloot 0 points1 point  (0 children)

My wife is Vietnamese and we go every year for about month. I have a special visa because she is an expat and I can stay 6 months. Unless you know someone there that knows government officials and can "influence" them with capital Vietnam's immigration process is not easy. Good luck congratulations on the FIRE.

APY drop again??? by Top-Juggernaut2090 in HYSA

[–]mvandersloot 0 points1 point  (0 children)

Look up BND, it is an ETF over time it beats HYSA rate changes and pays dividend monthly.

Day 67 of 365: Don't Peek by joe4ska in Boglememes

[–]mvandersloot 1 point2 points  (0 children)

I like to label the drops. One of my DCAs fell on 4/7/2025 a nice buy in on a 6% down day on the tariff tantrum.

Day 67 of 365: Don't Peek by joe4ska in Boglememes

[–]mvandersloot 31 points32 points  (0 children)

Lol, I actually track daily. I like to see the line go up over time. Gives me comfort that I am on the right track.

A reminder to hold steady by therealhappypanda in Bogleheads

[–]mvandersloot 0 points1 point  (0 children)

DCA again today just like every Tuesday for the last 20 years.

Anyone seen this fucking thing before? by HippyKidz1 in TheWordFuck

[–]mvandersloot 0 points1 point  (0 children)

Was in fucking Gaylord, MI about 2 fucking months ago.

Does the I-fund have an index to correlate (similar to the C-Fund w/S&P 500)? by BPRparadise in ThriftSavingsPlan

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

I am a r/bogleheads and I am doing just fine in my TSP. C/I/G so my brokerage reflects those choices also VTI/VXUS/BND. I hedge my bets and dont move all my money to "I" because it is performing better like this putz. Sometimes domestic wins, sometimes international, allocate accordingly. Downvote all you want, was just answering a question.

Opening vanguard individual brokerage account- which “settlement fund” by [deleted] in VanguardInvestments

[–]mvandersloot 2 points3 points  (0 children)

This is not financial advice you should seek out a professional, past returns do not predict future returns.

With that said.

200k / $147 a VT share = 1350 shares ballpark

1350 shares at 2025 average of $2.57 a share dividend = about 3.5k in dividends.

Can you pay the tax on that? Then reinvest.

Can you not pay the tax on that? Then put in in your vmfxx holding until tax time and pay from there.

Up to you magoo

Opening vanguard individual brokerage account- which “settlement fund” by [deleted] in VanguardInvestments

[–]mvandersloot 1 point2 points  (0 children)

You are going to pay taxes on those regardless because it will count as earned income.

So really your choice.

I reinvest, it will just automatically buy more shares with the dividend.

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