I guess this is more of a tax implication question. My wife and I both make comparable salaries and we each contribute the maximum per year into our 401k's and we usually max out around October. We also usually each get profit sharing from our respective companies each year. The profit sharing in most instances […]
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I read this on another thread and am not well-versed in options. Does this sound like a smart thing to do? Buy SPY puts (0.5% of your portfolio) target price of $413 (30% below) with expiration of 2 months. After a month, sell and repeat. If the market stays normal, those options won't drag your […]
So, long story short as of Nov 11, I am 3 months behind on my car payment. I bought the car from a buy here pay here but got the loan with Anderson Brothers Bank. I’m paying 23.9% interest on a 5 year loan for a 2017 Honda Accord Sport Special Edition. I’ve spoken with […]
I’m sure this question has been asked a number of times here. I’ve been struggling with this for the past couple of years, and i’m starting to become restless over his topic. Some background. I’m 25 in a hcol making 150k annually. My net worth is around 270k. 140k is locked up in retirement, 25k […]
How do I plan to make the income jump to $175-$200k annual salary? I know it's a good problem to face, but it still feels scary. Here is what I've done so far with the money I've made from various jobs/internships while in school: IRA: $25k in the 1000 Index from Charles Schwab I've been […]
30F with no dependents and not consider dependent honestly until close to 35 if ever. 10k left on auto loan. 20k in HYSA. 350k in student loans from private grad school. Current income approximately 150k/annually without annual bonus or OT. Financial advisor discussed life insurance at previous visit. Medical exam completed and cleared for 5mil. […]
Hi all, I have about 50k in VOO right now and I am thinking of putting this all in SCHD. I am nervous about this but I would like to ask for those who invest in VOO and think this is a better investment over SCHD because of better total returns, why else do you […]
I’m 22 making $38/hr having trouble finding an apartment to my liking. I’m looking for a 2 bedroom all those that I like are $2000 and up. I believe I can do it even though I have a car note. Am I crazy if I get an apartment that cost that much ? Or should […]
The title is what I'm wondering, currently have a roth ira with Northwestern Mutual (and want to leave them) to go with Fidelity or Vanguard. I don't have enough to qualify for a advisor or team of advisor and I do not want to invest entirely on my own with whoever I go with. What […]