• What is your asset allocation for your retirement account(s) (stocks, bonds, short-term percentage)? Also, how old are you?

    48 Rough estimate: 95% Stock (although about 35% is income things like REITs), 4% savings, 0.5% Bonds, 0.5% alternatives.
    48 Rough estimate: 95% Stock (although about 35% is income things like REITs), 4% savings, 0.5% Bonds, 0.5% alternatives.
    9 answers · Investing · 4 days ago
  • How do you pretend to be rich?

    Here's the thing, trying to look rich is what keeps most people from actually becoming rich. Read this: https://www.amazon.com/Millionaire-Next-...
    Here's the thing, trying to look rich is what keeps most people from actually becoming rich. Read this: https://www.amazon.com/Millionaire-Next-...
    8 answers · Personal Finance · 5 days ago
  • Is having a savings worth it?

    Yes you totally have a point, although he's not to old to change his ways... I wouldn't hitch your wagon 'til he does. Remember financial issues are the leading cause of divorce. That said try Capital One 360, you can create separate buckets there for different savings goals, I have one for emergencies, one for electronics, one... show more
    Yes you totally have a point, although he's not to old to change his ways... I wouldn't hitch your wagon 'til he does. Remember financial issues are the leading cause of divorce. That said try Capital One 360, you can create separate buckets there for different savings goals, I have one for emergencies, one for electronics, one for travel, one for a bathroom remodel, etc.... and being Online its just far enough out of reach you aren't tempted to spend it on something you didn't plan on.
    23 answers · Personal Finance · 6 days ago
  • A true sign of a coming financial crash is many cars for sale in yards and massive trash in the streets from booted renters?

    No the opposite they are usually proceeded by rampant optimism, people buying houses and cars they can't afford, boat sales spiking, record jewelry sales, excessive travel, amount of credit card debt to income hitting new highes
    No the opposite they are usually proceeded by rampant optimism, people buying houses and cars they can't afford, boat sales spiking, record jewelry sales, excessive travel, amount of credit card debt to income hitting new highes
    5 answers · Personal Finance · 1 week ago
  • If you payed to get a house you rent fixed by updating plumbing,wiring,insulation etc etc then can i legally own the house?

    Actually you probably can be used for making unauthorized adjustments. Why on earth wou!d you think making a few adjustments give you title to someone else's property?
    Actually you probably can be used for making unauthorized adjustments. Why on earth wou!d you think making a few adjustments give you title to someone else's property?
    34 answers · Renting & Real Estate · 1 week ago
  • Should we make the rich get off their butts and earn their money instead of relying on government handouts in the form of tax cuts?

    Less than 3% if American millionaires inherited their wealth, and most that are still working aged when they do continue to work as many have just inherited the family business.
    Less than 3% if American millionaires inherited their wealth, and most that are still working aged when they do continue to work as many have just inherited the family business.
    21 answers · United States · 1 week ago
  • It's really as simple as this?

    That's what the second amendment is for.
    That's what the second amendment is for.
    18 answers · Politics · 1 week ago
  • Low to middle class?

    1) learn a skill that is in demand or be prepared to work very hard 2) get the best paying employment you can find 3) live beneath your means 4) develop a financial plan and what your financial goals are 5) save and invest as most appropriate in order to met those goals 6) spreadsheet out your assets and liabilities and calculate your net worth... show more
    1) learn a skill that is in demand or be prepared to work very hard 2) get the best paying employment you can find 3) live beneath your means 4) develop a financial plan and what your financial goals are 5) save and invest as most appropriate in order to met those goals 6) spreadsheet out your assets and liabilities and calculate your net worth every month I make less than the national average and was deep in debt 15 years ago but today I am in the top 15% in wealth and still rising. You build wealth by starting a successful business or by investing.
    9 answers · Personal Finance · 1 week ago
  • Do I need to pay taxes on my 401k check if it's only $600?

    You are going to have to add 640.37 to your income for tax purposes and pay a 64.03 additional penalty in tax since you didn't roll it over in 60 days
    You are going to have to add 640.37 to your income for tax purposes and pay a 64.03 additional penalty in tax since you didn't roll it over in 60 days
    8 answers · Personal Finance · 1 week ago
  • Would you take a structured settlement or a lump sum ... or would u do half and half so u would not spend all ur money fast?

    What's the NPV of each? Based off my expected returns.
    What's the NPV of each? Based off my expected returns.
    8 answers · Personal Finance · 2 weeks ago
  • Where do millionaires and billionaires put their money?

    Depends, most are a diversified investment portfolio, the uber billionaires are usually successful company founders and most of that wealth is wrapped up in the stock of the company they founded.
    Depends, most are a diversified investment portfolio, the uber billionaires are usually successful company founders and most of that wealth is wrapped up in the stock of the company they founded.
    11 answers · Investing · 2 weeks ago
  • Does buying in-season fruits and vegetables help in saving money?

    Probably, but there are much more important things to worry about that will do more to build wealth.
    Probably, but there are much more important things to worry about that will do more to build wealth.
    3 answers · Polls & Surveys · 2 weeks ago
  • Whats the best Disney movie?

    The original The Jungle Book Cuz I'm tried of monkeying around....
    The original The Jungle Book Cuz I'm tried of monkeying around....
    41 answers · Movies · 2 weeks ago
  • Will I get taxed on my 401k after retirement ?

    A Regular 401K or IRA all funds withdrawn (not transferred or rolled over to an IRA) are treated as your earned income the year they are withdrawn (and penalized if withdrawn before the year you are 59 1/2). A Roth 401K or Roth IRA is not taxed on its distributions. Which is way its a good idea to build up both so you have some tax planning... show more
    A Regular 401K or IRA all funds withdrawn (not transferred or rolled over to an IRA) are treated as your earned income the year they are withdrawn (and penalized if withdrawn before the year you are 59 1/2). A Roth 401K or Roth IRA is not taxed on its distributions. Which is way its a good idea to build up both so you have some tax planning flexibility in retirement.
    9 answers · Personal Finance · 2 weeks ago
  • What are ways to make money from banks and stocks like CDs and savings account interest and other investments with low rick and high yield?

    Get a Dummy's/Idiot's Guide to Investing and another on Personal Finance. They'll give you the information to start making appropriate investment decisions for your situation.
    Get a Dummy's/Idiot's Guide to Investing and another on Personal Finance. They'll give you the information to start making appropriate investment decisions for your situation.
    25 answers · Investing · 2 weeks ago
  • How do people make money in the stock market?

    Best answer: I buy stocks. They pay dividends. I buy more stocks with the dividends. Occasionally I'll sell one or a company will buy out one of my holdings but usually that's it, just let it build up.
    Best answer: I buy stocks. They pay dividends. I buy more stocks with the dividends. Occasionally I'll sell one or a company will buy out one of my holdings but usually that's it, just let it build up.
    11 answers · Investing · 2 weeks ago
  • Whats a best investment?

    One that meets your financial goals while taking the least risk possible.
    One that meets your financial goals while taking the least risk possible.
    5 answers · Investing · 2 weeks ago
  • Should we invest with Fidelity?

    I have multiple brokerage accounts, including Fidelity... they are fine but I'm really liking Schwab's platform the best.
    I have multiple brokerage accounts, including Fidelity... they are fine but I'm really liking Schwab's platform the best.
    12 answers · Investing · 2 weeks ago
  • Saddest movie you ever watched?

    Taking Chance, We Are Marshall
    Taking Chance, We Are Marshall
    224 answers · Movies · 2 weeks ago
  • Back in highschool (early 2017), my teacher gave me extra credit to invest in the stock market through Robinhood?

    You probably owe a buck ($7.28 * 0.15 = 1.029 - rounded down to nearest dollar) , I think your safe from an audit.
    You probably owe a buck ($7.28 * 0.15 = 1.029 - rounded down to nearest dollar) , I think your safe from an audit.
    10 answers · Investing · 2 weeks ago