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05-21-2021, 09:55 AM | #9616 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $411900
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Quote:
Also look up the wheel strategy for sideways markets. |
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Posts: 46,067
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05-21-2021, 10:04 AM | #9617 | |
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Join Date: Jan 2009
Casino cash: $965743
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Posts: 64,207
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05-21-2021, 10:22 AM | #9618 | |
George Brett shit his pants
Join Date: Apr 2006
Location: At the Bellagio
Casino cash: $921241
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Quote:
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Posts: 48,386
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05-21-2021, 10:23 AM | #9619 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $411900
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Quote:
I’d adjust mine to 50x annual income. Someone making gross $100k/year would likely need 5M (50x income) to retire in their early 40’s and have their money last 40-50 years. You’d still need to be generating money from investments and not trying to live large. |
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Posts: 46,067
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05-21-2021, 10:25 AM | #9620 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $411900
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Yes. Any earned income for the year and as long as you don’t make more than $140k/year.
Last edited by lewdog; 05-21-2021 at 03:12 PM.. |
Posts: 46,067
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05-21-2021, 12:51 PM | #9621 |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $1251110
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This market has been in a complete slow moving rotation since Jan/Feb.
Out of growth, high tech and speculative and into stuff like Caterpillar, Phillip Morris, Kraft, Exxon Mobil, Boeing, etc. The old school boring shit has had a great last 6 months.
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05-21-2021, 02:59 PM | #9622 |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
Casino cash: $1798491
VARSITY
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Eh, I think it has to be earned income.
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05-21-2021, 03:11 PM | #9623 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $411900
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Posts: 46,067
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05-21-2021, 03:57 PM | #9624 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7264386
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Refinanced my mortgage today through UWM. Not sure why I waited so long but figured I'd help the cause since I own so many shares. Knocked 8 years off my loan and my monthly payment dropped $50. 2.875%, not as good as some I've seen but better than what I was paying.
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Posts: 11,432
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05-21-2021, 03:59 PM | #9625 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $210477
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Posts: 40,779
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05-21-2021, 04:46 PM | #9626 | |
TACO SALAD
Join Date: Apr 2008
Location: yes
Casino cash: $278468
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Quote:
Look at the Fed personal savings chart. Pretty crazy. https://fred.stlouisfed.org/series/PSAVERT |
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Posts: 6,247
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05-21-2021, 04:51 PM | #9627 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $411900
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Quote:
I used them earlier this year to refinance and it was super smooth and quick. |
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Posts: 46,067
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05-21-2021, 07:37 PM | #9628 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $794734
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It does. But surely he has some earned income, right?
Quote:
The unfortunate thing is that without a government shut down and fear mongering most of that money would have went to business. Probably local business because big business didn’t shut down. |
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Posts: 57,707
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05-21-2021, 07:47 PM | #9629 | |
MVP
Join Date: Mar 2019
Location: KC
Casino cash: $3740400
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Quote:
I’ve told people about refinancing and to take advantage of it some people just will not do it. I never understood that. |
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Posts: 7,496
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05-21-2021, 07:50 PM | #9630 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7264386
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Quote:
Guess a measley 1000 shares wouldn't be considered "major" though. |
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Posts: 11,432
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