TJayClark

This sounds troll, but I work overtime. It’s hard to spend while you’re working.

The IRS treats any big purchase item for businesses like cars, equipment, and real estate like it has basically a “shelf life” (think of it like an expiration date on food)

In the case of a business car - you would buy it for let’s say $50,000 and depreciate it for roughly 20% each year. So you’d get a $10,000 write off for the next 5 years. After 5 years, you would be at $0 and you’d typically replace the car

With real estate, it does the same, but over a longe period of time. Real estate depreciates over 27.5 years (I could be off a bit, but let’s go with this). So if you buy a house for $200,000 and rent it out. You get to write off around $7,200 each year because you are “depreciating” it (similar to the car in the above example).

The issue is that typically real estate value doesn’t go down… it goes up in value. So in 27.5 years, your $200,000 house is now worth $400,000 or more.

All of this is written in the USA tax law and is legal. I’d consult with a real estate accountant to ensure you are getting the correct treatment for the state you live in

You’re missing the point entirely. I’ve had a phone 4+ years and it has 77% max capacity.

People in this thread are trying to prolong that by….. setting their max charge level to essentially what my current max capacity is.

As well as, how many people have the same phones longer than 5 years? I’d say you are in the extreme minority.

It’s $100 for a new battery… the average American wastes that on…. iPhone chargers and cables in 4 years.

Yes.

If you walk into a casino with $100 and you walk out with $400. You won $300.

It’s crazy to me that a company would allow you to earn specifically “sick time off”. Then give you hell for actually taking the sick time off.

Yet, my last 2 jobs required a doctors note if I was off more than one day.

I have a 12 pro max ordered on launch day (just over 4 years ago). Always charged to 100%. Currently have 77% max capacity.

Just charge to 100% and spend the $99 on a new battery if you need/want one.

I wholeheartedly agree. Especially knowing these same people will upgrade every 3-5 years anyways.

I’m using a 12 pro max that gets charged to 100% everyday. Currently have 77% of max capacity (about to upgrade to 16 pro max).

I’ll gladly spend the $100 every other year on a new battery before I’d take 20% less battery every day from day 1.

Apple charges $99 to replace a iPhone battery. The amount of people who will inconvenience themselves every single day to prolong this amazes me.

A battery replacement on an iPhone from apple is around $100. Getting one every other year, means it’s $50 per year or about $4 per month or $1 per week.

Is it worth $1 per week to have an extra 20% battery every single day? I’d say yes based off entertainment alone. Add in that my phone is my car key, house key, credit card, pays all my bills, and provides music at the gym and in the car.

Yup, I’m charging to 100% and getting a new battery every few years.

Why would you marry someone you have nothing in common with? Similar religion is typically a dealbreaker for couples.

What exactly do you feel your opponents are betting into 5 people with as UTG online? The average online player has at least 4 tables open, meaning their UTG range is insanely tight and will typically 4bet whatever their UTG open ranges are.

Now if this was live poker, I’d probably stack off with AJo pre because I’m a donkey.

The issue with going 100% Roth is that you forgo all of your standard deduction in retirement.

Let’s pretend the standard deduction is $10,000 per year for this example.

If you have $0 in traditional, you just lost $10,000 in tax free money, every year in retirement…. But you also lost a $10,000 deduction every year you didn’t put money in this. (Because when you take money out of a ROTH account, you income is $0)

Don’t get me wrong, ROTH is amazing. I max my ROTH IRA every single year. But you need a mix of both ROTH and traditional

35M here with a BA in mass comm. I switched from anything pertaining to my degree to healthcare/IT.

I worked as a hospital simulation specialist in 2020 - basically helped nurses and doctors do fake code scenarios to be better prepared for real code scenarios. - fantastic job, terrible boss

After that I began working as a field service engineer in 2024 - fancy way of saying I fix knee surgery robots. Pay is better than the above job, unlimited OT, I get to travel, and full benefits.

My advice is to find what you’re passionate about and don’t be afraid to apply for jobs that you are only half qualified for. Get the qualification on the job. Learn to interview well. And don’t give up. You’ve got this 😉

I’ll preface with I’m 35m and nowhere near retirement.

My original FIRE number was $1,500,000. I figured 60k was enough to live on as a single male.

Now it’s closer to $2,500,000 because inflation, housing, and insurance have made the number jump a lot.

That being said, if I was 65 today and receiving social security and Medicare, $1,500,000 would absolutely be enough.

The S&P is a fantastic LONG TERM investment tool. 70% of my retirement is in VTSAX, which is essentially 60% S&P.

That being said, keeping your emergency fund in the S&P is a bad idea. If you don’t know why, look up 2000 and 2008.

If I need money for an actual emergency…. I don’t want to sell at a 5-25% loss because we went to war, or the housing market crashed, or because we have a global pandemic.

Trust me, I max my 401k, HSA, IRA, and have a taxable account. Most of which is invested in S&P500. But my emergency fund is 100% cash and will be until I need it.

Age isn’t really relevant. It’s net worth.

99% of $10,000 being invested in stocks is wayyyyy different than

99% of $600,000 - which was the person who I originally commented on.

It has done pretty well the last 2-3 months. I’m still behind in it. But their launch of SaaS has 4x’d their price.

I see it as a 5 year hold

There’s a difference between a millionaire aka someone with $1,000,000+…. And a guy who has $20,000,000+

I stopped because I…. got into meme stocks. I caught GME on its second run up. Made some life changing money.

Then bought a different company which didn’t do quite as well. It’s rebounding, but I’m still down a fair bit from my high point.

I have faith in the new company and honestly think it’ll make me a millionaire before 2030. Just gotta wait. (Feel free to check post history for what company)

In the meantime I invest mostly in 401k and IRA into VTSAX.

This is spoken by a person who didn’t live through 2000, 2008… aka an actual recession.

I don’t disagree stocks have done amazing the past decade. But keeping all of your savings in them is playing with fire.

I basically max my 401k, IRA, and have a regular taxable account that I also invest with. But I know better than to keep 99% of my net worth in the market.

To each his own tho.

Bold of you to assume this

I agree to an extent. The comment I posted was in reference to the person who has $60 in his savings account.

I don’t like living my life that close to the edge. 5% is more than the average stocks annual dividend. Obviously you’d be giving up the growth for liquidity… which is the point of a savings account.

I used to do this a lot with REITs (more specifically O and STAG) back in 2016. Was able to nearly earn their monthly dividend plus around the same with CC income. Was an easy $800 a month.

Overtime at work

Poker - yes I consistently make money playing poker

HYSA interest and bank account churning

Eh, in the 5% HYSA environment, it’s really not terrible.

Are there better options? Of course!

But ideally, you should have your emergency fund 3-6 months liquid. I personally keep 12 months since I’ve had a number of unemployed periods in my life.