Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar

Reply
Page 34 of 941 « First 2430313233 34 353637384484134534 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $76899
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,542
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 11-10-2016, 07:14 PM   #496
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-18100
Quote:
Originally Posted by eDave View Post
Having a family hurts savings initiatives. Notice the stark increase once the kids are out of the house and college is paid for. Still not a lot but enough to survive an emergency. I suspect those older peeps are invested.

I don't have $17K in savings and I'd consider myself in a great place financially.
I am assuming that graph includes retirement accounts as "savings?" Read the bottom of the graph. So this graph is including cash and investments, right? Which is ****ing scary!
__________________
2024 Royals game thread record 3-0
Posts: 46,146
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 11-22-2016, 09:00 PM   #497
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-18100
I love me some whiskey and bourbon!

http://www.investopedia.com/news/lif...skey-etf-wsky/
__________________
2024 Royals game thread record 3-0
Posts: 46,146
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 11-22-2016, 09:08 PM   #498
hometeam hometeam is offline
Supporter
 
hometeam's Avatar
 

Join Date: Jul 2011
Casino cash: $2871956
Quote:
Originally Posted by lewdog View Post
All of this is so mind blowing to me.

And no offense Hometeam, I think you clearly stated you weren't great with money, but it blows my mind someone can rack up debt like that in a housing area this is so cheap ($85k mortgage?). This seems to be a common trend across the country though.

I wouldn't worry about investing in anything outside of your 401k since you have never had one and have nothing saved for retirement. Take the highest contribution you can that maxes your employer match. Bump up your contributions after that according to getting your debt paid off. The 401k is a great investment vehicle for you to lower your taxable income on the higher salary.
When you have two 50k incomes with bills to match, and you lose one of those for four years, the other drops 10 grand, and you have a kid at the same time. Couple that with a edit: 16k bad business investment, and a 6k emergency, and its pretty easy.

Still have never missed a payment and have perfect credit. Plus I like to do racecar shit :/
Last edited by hometeam; 11-22-2016 at 09:19 PM..
Posts: 10,692
hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.
     Reply With Quote
Old 11-22-2016, 09:10 PM   #499
hometeam hometeam is offline
Supporter
 
hometeam's Avatar
 

Join Date: Jul 2011
Casino cash: $2871956
Quote:
Originally Posted by Jewish Rabbi View Post
Not that this really matters as you shouldn't be opening new lines of credit anyway, but there's no way you have A+ credit carrying a balance equal to your yearly income.
I would be a tier 0 for any bank with a car loan, I am 750+ last I checked 3 months ago, I have quite a bit of debt, but I also have high limits and it has all come way down.

DTI was my only issue and that has now been erased.
Posts: 10,692
hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.
     Reply With Quote
Old 11-22-2016, 09:12 PM   #500
hometeam hometeam is offline
Supporter
 
hometeam's Avatar
 

Join Date: Jul 2011
Casino cash: $2871956
Quote:
Originally Posted by Amnorix View Post
DaFace's post says it all in terms of the priority list. Get that CC paid off asap.

Once you pay off the CC and have started the matching 401(k), etc. what you would REALLY like to do is refinance the house and NOT pay PMI. This requires that you have paid down 20% of the house based on valuation. PMI is money out of your pocket solely for the benefit of the bank and is COMPLETELY BAD.

Here are your numbers:



So, what you're looking to do is (1) be certain it's worth $85K, and (2) cobble together $17K so you can refinance to get a loan for $68K at a LOWER interest rate and NO PMI.

That will save you quite alot every month. Based on your numbers, you already have $7K of that $17K, so you need $10K more to make it happen.
I am going to do this. I just switched jobs, so I want to get some time under my belt so I have something to show than a couple stubs, refi is high on my list.
Posts: 10,692
hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.
     Reply With Quote
Old 11-22-2016, 09:17 PM   #501
hometeam hometeam is offline
Supporter
 
hometeam's Avatar
 

Join Date: Jul 2011
Casino cash: $2871956
Quote:
Originally Posted by Rain Man View Post
My understanding is that a credit rating isn't about your net worth or your ability to pay so much as it is your actual history of paying. A person with debt who pays on it unerringly is perceived as a very positive risk, even better than a person without debt who doesn't have a record of unerring payment.
This is it.

Banks knows I will pay. I havent missed a payment since I first took out a 500 limit card when I was 18. I have racked up and payed off tens of high dollar loans, and am way down from my total credit limits.

800+ credit vs 750 doesnt really mean anything when you look at the whole picture. The whole picture shows I pay, and they can make interest off me. They want to give me money.

Beyond that, my plan is to have my emergency fund in place by jan 1. I went ahead and did 6% on my 401k at the new job, but I dont get a match until 1 year, and im not vested until 5 :/

I have already been offered a raise at my new job, as I have taken on even more responsibilities than we initially thought, once we got into the heart of things and found out wtf was happening here behind the scenes. That raise goes into effect Jan 1 also.
Posts: 10,692
hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.
     Reply With Quote
Old 11-22-2016, 10:30 PM   #502
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $364734
Quote:
Originally Posted by hometeam View Post
I am going to do this. I just switched jobs, so I want to get some time under my belt so I have something to show than a couple stubs, refi is high on my list.
Didn't you used to sell cars?

What are you doing now?
Posts: 58,211
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 11-23-2016, 12:04 AM   #503
Abba-Dabba Abba-Dabba is offline
MVP
 
Abba-Dabba's Avatar
 

Join Date: May 2001
Casino cash: $4052970
What do people think about a call option for KR at 35 on Jan 20?
Posts: 18,234
Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Old 11-24-2016, 02:47 AM   #504
hometeam hometeam is offline
Supporter
 
hometeam's Avatar
 

Join Date: Jul 2011
Casino cash: $2871956
Quote:
Originally Posted by Buehler445 View Post
Didn't you used to sell cars?

What are you doing now?
Im in the same industry. I took a management position as the head of the internet department (to put it loosely, but I wear many hats) for a 4 store dealership complex here in town. Officially I am the 'Internet Sales Director'.

Why, want to buy a car?
Posts: 10,692
hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.hometeam is obviously part of the inner Circle.
     Reply With Quote
Old 11-24-2016, 08:30 AM   #505
MikeTate MikeTate is offline
Rookie
 

Join Date: Oct 2016
Casino cash: $10000400
Does it sound like a plan?
Real estate seems a more reliable investment in a long term as it is not affected by economic turmoil as much as stock markets. So you find somewhere in Barcelona apartments for sale since this city is crazily popular with tourists, buy it and rent it out on short term lease. Short term rentals promise decent returns - about 5-7% yields. Hiring a management company helps to avoid problems with finding new tenants. Its service costs 20−25% of the total rental revenue but the expenses will be rewarded with higher occupancy rates. Voila! You are rich (but maybe just after 15 years)
Posts: 15
MikeTate is a favorite in the douche of the year contest.MikeTate is a favorite in the douche of the year contest.MikeTate is a favorite in the douche of the year contest.MikeTate is a favorite in the douche of the year contest.MikeTate is a favorite in the douche of the year contest.MikeTate is a favorite in the douche of the year contest.
     Reply With Quote
Old 11-24-2016, 08:43 AM   #506
Red Beans Red Beans is offline
Not dead yet...
 
Red Beans's Avatar
 

Join Date: Nov 2008
Location: Indian Creek
Casino cash: $2329903
Quote:
Originally Posted by Buehler445 View Post
PMI is a federal thing IIRC. Your house probably appreciated since you bought it and got you over the threshold. Credit score might have something to do with it but I'd bet the appraisal was what triggered it.
We discussed it before the house was appraised. It was one of the primary reasons we went forward with our refinancing.
Posts: 2,796
Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.Red Beans is too fat/Omaha.
     Reply With Quote
Old 11-24-2016, 12:00 PM   #507
Buehler445 Buehler445 is offline
Supporter
 
Buehler445's Avatar
 

Join Date: Apr 2007
Location: Scott City KS
Casino cash: $364734
Quote:
Originally Posted by hometeam View Post
Im in the same industry. I took a management position as the head of the internet department (to put it loosely, but I wear many hats) for a 4 store dealership complex here in town. Officially I am the 'Internet Sales Director'.

Why, want to buy a car?
Probably not for the money you'd need.
Posts: 58,211
Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.Buehler445 is obviously part of the inner Circle.
     Reply With Quote
Old 11-24-2016, 04:21 PM   #508
Demonpenz Demonpenz is offline
Woman should only make babies
 
Demonpenz's Avatar
 

Join Date: Nov 2003
Location: Apartment "G UNIT!"
Casino cash: $1396136
I just took massive action and signed up for reddit personal finance. It's that kind of massive action and desire and reading think and grow rich is why I am rich and wealthy.
__________________
Posts: 54,637
Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.Demonpenz is obviously part of the inner Circle.
     Reply With Quote
Old 11-27-2016, 06:44 PM   #509
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-18100
Just 52% of Americans have more savings than credit card debt, according to a new survey released by Bankrate.com.


http://time.com/money/4233634/saving...facebook_money
__________________
2024 Royals game thread record 3-0
Posts: 46,146
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-07-2016, 12:24 AM   #510
Abba-Dabba Abba-Dabba is offline
MVP
 
Abba-Dabba's Avatar
 

Join Date: May 2001
Casino cash: $4052970
USO Dec 16 10.5 Put

It was cheap. And interesting. Was worth it just for giggles.
Last edited by Abba-Dabba; 12-07-2016 at 12:31 AM..
Posts: 18,234
Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Abba-Dabba Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
     Reply With Quote
Reply
Page 34 of 941 « First 2430313233 34 353637384484134534 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Forum Jump




All times are GMT -6. The time now is 08:49 AM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.