What makes you think he has 50k of debt?
Because most people capable of getting a $50,000 rebate usually do
What makes you think he has 50k of debt?
Pay off $50k worth of debt
The money you save will far outweigh any investment return you could get.
What makes you think he has 50k of debt?
Because most people capable of getting a $50,000 rebate usually do
Definitely gonna check it out. I wanna learn and get into it.you need to peep out the Investments thread man.
i wish i would have gotten in it sooner. i'd be a rich man by now.
This scam still floating around.
I got one from the Post Office like 2 years ago. Took it to a friend who worked there. First thing she asked,"you didn't try to cash this did you?" Whatever you do don't deposit that check. Confirm the check with the bank before you do anything.
With $50k I would buy safe ETF's and sit on it... VTI mimics the s&p 500... buy vti and cash out in 10 years..
I second index funds, specially those that a dividend driven. U get way more than any bank savings account, plus the added benefit if market goes up. If the market goes down don't touch it. Buy more.
Finally some good happened this year me. Life's been a major bitch. Taxes are actually already paid on this so the $50K is $50K.
My current decision is to just hold off depositing it until the new year. Just to kind of get my mind straight. My wife and I are in a pretty stable situation financially. I work for a major communications company in Network Support and my wife works for a pharmaceutical company (this is Jersey after all). Not wealthy by any means, but stable. That's says a lot for Central Jersey where property taxes for the average home in our area are $10K to $14K.
I would definitely invest more aggressively later next year perhaps after the summer. But for now I just want to put it somewhere to gain some decent interest. Interestingly, I use to work for an investment firm, but that was over twenty years ago and I didn't work in a investment department, I was in systems. But I know shit about investments today.
Honestly, I'd like to go and play poker in Vegas. I can't be beat. Definitely ain't paying tithes to a church to make my faithful wife happy. Fuck that!
Questions:
1. What would you do?
2. Are banks still doing CDs?
Consider investing in yourself with a 401k put up at least 6500 and get a1500 rebate. Money right back in your hand and invested. Check sirius xm urban view 126.
Late model freightliner...your own authority....a contract with Amazon... hire a driver..
Get the truck, your authority, license and insurance..Is it that simple? The drivers are independent contractors?
Fam, got a question for you. I got money in Vanguards index fund that tracks S&P 500. (VFIAX) I put $350 a month into this index fund. Shares over the last 6 months bounce between $268 and $311 depending on the market.
There are other Index Funds (Fidelity FXAIX ) just to name a different one that also tracks S&P 500. Currently one share is around $113.
So here is my question, could I earn more money faster by putting money in a fund that will allow me to purchase more shares with each deposit?
If I use $350 to buy shares at $113 then I get 3.09 shares.
If I use $350 to buy shares at $311 then I get 1.12 shares.
It's like I'm getting less shares for the same $350 if I stick with Vanguard.
Other than a well performing market, doesn't it matter assuming one fund holds more shares as a collective than the other?
VFIAX holds 157.5 Billion in assets.
FXAIX holds 252.1 Billion in assets.
My index fund account is setup as a person account. I've got another index fund used for my ROTH IRA that is in a mix of 50/50 stocks and bonds.
My third index fund is with a small cap fund.
Also have 401K through the job, I contributes 12% of my salary, jobs adds 4%
What say you?
I would buy me a cheap property and fix that bitch, and sell it before the end of the year. 2021 housing market will crash, but you would have your money and a nice return. And you can buy a cheap foreclosure in Jersey. You can get it for the taxes.Finally some good happened this year me. Life's been a major bitch. Taxes are actually already paid on this so the $50K is $50K.
My current decision is to just hold off depositing it until the new year. Just to kind of get my mind straight. My wife and I are in a pretty stable situation financially. I work for a major communications company in Network Support and my wife works for a pharmaceutical company (this is Jersey after all). Not wealthy by any means, but stable. That's says a lot for Central Jersey where property taxes for the average home in our area are $10K to $14K.
I would definitely invest more aggressively later next year perhaps after the summer. But for now I just want to put it somewhere to gain some decent interest. Interestingly, I use to work for an investment firm, but that was over twenty years ago and I didn't work in a investment department, I was in systems. But I know shit about investments today.
Honestly, I'd like to go and play poker in Vegas. I can't be beat. Definitely ain't paying tithes to a church to make my faithful wife happy. Fuck that!
Questions:
1. What would you do?
2. Are banks still doing CDs?
I would buy me a cheap property and fix that bitch, and sell it before the end of the year. 2021 housing market will crash, but you would have your money and a nice return. And you can buy a cheap foreclosure in Jersey. You can get it for the taxes.
Idk how good you are at sports betting but you in nj and I heard the meadowlands got a lot of money there as far as sports betting..great flips to
My power was off so I didn't get a chance to respond.its just 50k that aint real money
Bro., you have enough money to get an apartment building. Get the book Commercial Real Estate Investing for Dummies, by Peter Harris and Peter Conti. Bro., Harris is a brother like us and he has email and personal training to help you get started. Plus, he is on YouTube. There is money to be made because the time is about to explode on the Real Estate market. Deals will be had everywhere. A shit load of millionaires will be made and I hope I will be one of them. Join in too to create that generational wealth.I have a good friend that's really into buying and selling real estate. In fact he just bought a mini "mansion" in Jersey for like $300K, but the value after fixing up is something like $700K-$800K. This may be a bet.
id send me half, hire someone to help you catch up on all the back software requests you havent gotten too yet & invest the rest.Finally some good happened this year me. Life's been a major bitch. Taxes are actually already paid on this so the $50K is $50K.
My current decision is to just hold off depositing it until the new year. Just to kind of get my mind straight. My wife and I are in a pretty stable situation financially. I work for a major communications company in Network Support and my wife works for a pharmaceutical company (this is Jersey after all). Not wealthy by any means, but stable. That's says a lot for Central Jersey where property taxes for the average home in our area are $10K to $14K.
I would definitely invest more aggressively later next year perhaps after the summer. But for now I just want to put it somewhere to gain some decent interest. Interestingly, I use to work for an investment firm, but that was over twenty years ago and I didn't work in a investment department, I was in systems. But I know shit about investments today.
Honestly, I'd like to go and play poker in Vegas. I can't be beat. Definitely ain't paying tithes to a church to make my faithful wife happy. Fuck that!
Questions:
1. What would you do?
2. Are banks still doing CDs?
Is it that simple? The drivers are independent contractors?
if you are serious... i can make you some offersFinally some good happened this year me. Life's been a major bitch. Taxes are actually already paid on this so the $50K is $50K.
My current decision is to just hold off depositing it until the new year. Just to kind of get my mind straight. My wife and I are in a pretty stable situation financially. I work for a major communications company in Network Support and my wife works for a pharmaceutical company (this is Jersey after all). Not wealthy by any means, but stable. That's says a lot for Central Jersey where property taxes for the average home in our area are $10K to $14K.
I would definitely invest more aggressively later next year perhaps after the summer. But for now I just want to put it somewhere to gain some decent interest. Interestingly, I use to work for an investment firm, but that was over twenty years ago and I didn't work in a investment department, I was in systems. But I know shit about investments today.
Honestly, I'd like to go and play poker in Vegas. I can't be beat. Definitely ain't paying tithes to a church to make my faithful wife happy. Fuck that!
Questions:
1. What would you do?
2. Are banks still doing CDs?
I’m just saying 50 gs.. you could play with 1-3 maybe 5 gs if you nice at gambling.. gambling only a problem if you a loser.. but if your sport betting nice hey you can flip it quick... like I said if this was the start of the pandemic or even summer I would of gave you diff lil things you could of flipped your money into.. that 50,000 could’ve easily flipped into 6 figs in the taxfree world... even investing into bj’s warehouse stock could of got you some nice money.. stock was going to 25 a share and went up to 40 a share at 1 point..there was the liq hustle, the firework hustle.. etcDon't do that to me fam. I'm sitting here in front of my laptop ready to register at one of those Jersey gambling sites now.
At least listen to people who are doing it.
Not that they are non fallible, but at least
you can see their face and follow their
Tracks. these dudes on bgol are just a
Screen name.
I definitely follow “our rich journey”. They seem to got they stuff together. Like someone on here said, you can only listen to folks on a board so much. Always educate yourself first. This couple is great. The bogle head forums are great. Read books by John bogle (founder of Vanguard) and some books who follow his philosophy such as “the little book of smart investing”. You’re already on the right track that’s for sure.
Congrats homie..that's good stuffDudes always talking shit about bgol accountants but I got my credit from 490 to 780+ and got my first house off information from Bgol
Hey guy look like they about to legalize weed in nj ..maybe you can invest into that?
Why are you afraid to deposit 50k in the interim?
Good assortment of advice and suggestions. I’ve been talking to a coworker the past year who is 45’ish. Lost both her parents in recent years. They were 80. She is sitting on their house which is worth 1.2M. Wants to downsize to a condo or townhome. Been suggesting she start doing research online in the process. Noting if I were her, I’d probably pick up a 2 or 3 br, 2 bath and invest the rest. Also think about early retirement. She keeps thinking she will need to work until 65. Keep in mind she has no debt, no kids, and lives modestly. Been saying “let the money work for you” investment-wise for the longest. Build up her investment portfolio which needs help yet. Work until mid-late 50s instead and then
chill with a nice pension. She already has 20 yrs with the company.