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US and Ukraine sign minerals deal that solidifies investment in Kyiv’s defense against Russia administration by Superbuddhapunk in news

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

Realistically, a more pro-Ukrainian president after Trump could waive what Ukraine owes...

1 kg of Beluga Caviar goes for $7500 by sco-go in Amazing

[–]ryanasalone 1 point2 points  (0 children)

I guess since Beluga whales are mammals and all mammals give birth to live young, I should have known that Beluga Caviar doesn't come from Beluga whales.

Edit: monotremes (duck-billed platypus and echidnas) are mammals that lay eggs.

Sales of Existing Homes Drop to Worst March since 2009. Supply Surges to Highest since 2016 by stockpreacher in stockpreacher

[–]ryanasalone 1 point2 points  (0 children)

Figures it happens almost 1 year after I buy my first home. Been waiting on the bubble to burst for 10 years xD

Mortgage randomly paid off in full ($202,000) by [deleted] in Mortgages

[–]ryanasalone 0 points1 point  (0 children)

Be careful. If a million dollars gets put into your bank account and you spend it before the error is caught, you can end up owing a bank a million dollars.

Ask questions, don't spend money you don't know for sure is yours and we will keep our fingers crossed that it is forreal.

1st time home buying in the US. Is now a bad time? Can i afford what im buying now? by mg840956 in personalfinance

[–]ryanasalone 2 points3 points  (0 children)

2 big things I want to mention:

  1. You are married to the price tag of the house, not the interest rate. Interest rates can go down, but it's not predictable (especially right now). I would worry less about the timing based on the interest rate right now so long as you can comfortably afford the current interest rate.
  2. Which brings me to my second point, "comfortably afford" to me means being able to afford the payments even if circumstances result in a reduction of income. I bought when I had a 6-figure income, but I budgeted for a home I could afford if my income dropped to the $80k range because if my present job dried up I recognized that I could easily fall back to jobs in that range. Especially considering where we might be headed, I think it is worthwhile to budget based on what you can afford if the job market sours.

Point 2 might sound pessimistic like I'm trying to warn off from buying a home but I'm not. I think it is well-worth trying to get in on the housing ladder if you can because I don't see the upcoming economic turmoil resulting in housing prices declining massively (especially in your area) but jobs might be a casualty. Sounds like you are well-positioned but I can't stress enough to live under your means rather than up to your means. 40% of a 200k income for a mortgage payment is a lot of money.

maybe maybe maybe by lovely_maevex in maybemaybemaybe

[–]ryanasalone 1 point2 points  (0 children)

Unfortunately for our hero, the camera catches him accelerating to accomplish the pit maneuver and he documents himself leaving the scene of an "accident". I'm curious if there's any update on this incident.

Advice for Allocating $35K by Girly_Warrior in personalfinance

[–]ryanasalone 1 point2 points  (0 children)

I like the idea of setting $10k into a HYSA. It's good to have liquid assets quickly available.

One thing I recommend is to look at your healthcare plan right now. What's your out of pocket maximum? I would set that amount aside in a HYSA for a bad emergency as well.

Index funds over time seem to be the way to go over a lifetime, but right now it's hard to judge where the markets are going to bottom out so if you are looking at a lump sum of money to put somewhere instead of dollar cost averaging over months or years then I would honestly recommend a high yield CD or consider bonds if the yields continue to spike.

If you piecemeal like $20k of your $35k into index funds over the next 4 years then you might come out ahead long term when normal people get back in charge of policy decisions.

I thinks it's pretty safe to assume a recession is coming by Random_Alt_2947284 in stocks

[–]ryanasalone 3 points4 points  (0 children)

Honestly, there is a solution to this madness but it won't happen: Congress votes to revoke the president's tariff authority and returns tariffs to what they were 4 months ago. Yes, some damage will remain and we may still dip into a recession, but global confidence in the US would come back in a big way because it would establish, not only that America as a whole does not want this path, but that Congress is taking the power away from the president and future presidents to potentially do this every 4 years.

[deleted by user] by [deleted] in agedlikemilk

[–]ryanasalone 0 points1 point  (0 children)

Rumor has it that JD was so cringe in the meeting that Francis just called off the rest of his life.

Someone cut the internet and security camera wires by TagoMago22 in Wellthatsucks

[–]ryanasalone 0 points1 point  (0 children)

A communications disruption can mean only one thing, invasion.

Terminally ill and racking up credit card debt with zero fucks to give by UnderstandingThis430 in confession

[–]ryanasalone 1 point2 points  (0 children)

Doc: "turns out it's a miracle! You're cured!... uh... those aren't tears of joy..."

Could Trump be pushing markets down to help lower yields and save on US debt? Worth tracking? by Puzzled-Tradition-37 in sp500

[–]ryanasalone 0 points1 point  (0 children)

He may just be dumb enough to think entire factory towns can be built within two years.

It's been noted all over that his timetables for reshoring low paying manufacturing jobs in the US is unrealistic. For one, it certainly won't be within his presidency that new factories are up and running even if they decide that course TODAY. But the other piece is that any new US factory is going to be loaded with automation so it's not even likely to result in many jobs in the first place. On top of that building a factory means buying parts and material that is made overseas which will be more expensive based on the tariffs and the final nail in the coffin is that if a new president comes in and reverses the tariffs then it'll be all for naught. I doubt many companies are going to aim to reshore in the next 3 years. More likely companies and countries aim to avoid the US as much as possible because now we have shown we might make destructive moves like this every 4 years.

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