Tyler803

@TicTocTick Texas makes its money off the sales tax when its bought not yearly tax. 100k car would be $500 sales tax in my state and $6250 in texas

This is true. Let’s say you buy a 140k car in California. It will cost you $1200 every single year. To register it. The same car registration will be $69 if you register it in Texas.

@BarbellFi Which is why the crash will be much larger than 12%. My guess is is sp500 below 6k

S&P 500 can crash 12% and just be back to where it was a month ago 😳

@MetamateDaz Brand new 5 bedroom homes for 280k in my area. Nowhere near 400-500k

Starter homes are a relic from the past. Absolutely nobody can afford a $400,000 to $500,000 home as a first time home buyer. The system is cooked.

@zachmelloh26 Very true! When my grandpa was put in a nursing home we sold all his cattle for 250k. Nursing home ended up with every last penny of that over the next 5 years. Im thankful we didnt have to sell his land since its been in the family since the 1760s

Mark was 42. His parents had a paid-off home worth $1.2M, large investment accounts, and no major spending habits. His assumption: “I’ll probably inherit enough one day to be okay.” So he:

@simplecentsco 3x is optimal not insane

@Tylerr803 3x levered is kind of insane! 🤣 But if that works for you, that is awesome! I think it is also down to each person risk tolerance...

If you think you can beat the S&P 500… You are either: A. A cocky retail investor or B. A portfolio manager If I am wrong though, what else should I be putting my money in then?!?

@JimChuong Not enough info. If he did this full time he was likely withdrawing funds to pay living expenses so his rate of return was even higher. Your sp500 investment wouldn't be 30m if you were making withdrawals to live

Bro started in 1986 with $390k, day trades “full time”, and has $14m at 88 years old. He spends 40 years looking at monitors instead of spending time with his family, friends, and grand kids only to make half of a passive low-fee index ETF. The same $390k investment in the S&P 500 would be worth almost $30m - twice as much as this guy day trading full time for 4 decades. Time > Money and he lost out on both.

@anymanfitness Tqqq>qqq if you can handle the volatility

For about 5 years I tried to be super smart and pick individual stocks. Things really started taking off once I just said “even split of QQQ and VOO”. Not financial advice, DYOR.

@simplecentsco Most 24 year olds dont even have a 401k. I didnt start one until 23. Hit 100k by 30 and almost 500k by 35

This is a NORMAL 401k balance… I am 24 and this is normal. It’s not $500k, it’s not even $50,000! Don’t let some of the unrealistic posts on this app skew your view of reality…you are probably doing just fine…

@just_ivana_ Don't know why everyone talks about length. GIRTH is what makes you feel big or small during intercourse

6 INCHES IS SMALL

@DeanTTraining Even if there were zero health risk from artificial sweetener there is ZERO benefit to this garbage and you should drink water or milk instead. And what about the phosphoric acid? It destroys your teeth, kidneys, and is an antinutri3nt.

This is *roughly* the amount of diet/zero sugar soda you would need to consume within a week or so in order to ingest a high enough quantity of artificial sweeteners for it to be harmful to your health Everyone that isn’t easily duped by fear mongering headlines knows this btw

@Budgetdog_ My parents were tricked into this because of the "guaranteed returned" by their "investment advisor". I tried to tell them he is just a salesman and the only reason he recommends that product is because it's the highest commission for him

I've spent 13+ years in finance. I've seen families scammed out of millions. But there's one product that's worse than anything else. Here's why IULs are the biggest scam in finance: For context… An IUL (Indexed Universal Life) is life insurance with a "cash value" that grows with the market. Salesmen pitch it as: "All the upsides of investing without the downside." But the fine print tells a different story 👇🏼 What they don't advertise: -> Return caps (usually 8-10%) -> Hidden fees baked into premiums -> Surrender charges for 10-15 years In other words... -> Market goes up 25%? You get 8%. -> Market crashes? You still pay fees. -> Want to leave early? You lose 10%+ It's the dumbest thing you can buy. So why do IULs get pushed so hard? Because insurance salesmen pocket up to 120% of your first year's premiums. 120 PERCENT. You pay $10k into your "policy"… And they walk away with $12k 🤦🏼‍♂️ Look... If you're worth $30M+ & already maxed every retirement account... They MIGHT help with estate planning. But for the other 99% of Americans? Stay far, far away. Here's what to do instead: 1. Get term life insurance 2. Invest the difference into ETFs Over 30 years, that combo returns more than DOUBLE the "cash value" of an IUL. And your family stays protected 😁 I don't blame salesmen for pushing these. Commissions are commissions 🤷🏼‍♂️ But I care too much about your family to let you fall for it. So stay safe out there... Share this with someone who could use it... And follow me for more 🤝🏻

@minordissent There are also long term cycles though and we are approaching the end of one. There WILL be lower prices coming soon

This question misunderstand the situation. SP500 is basically just M2. maybe 2%, max 3%, of real growth. The rest is just the devaluation of dollars. There is no “exit liquidity”, the price of everything just goes up in perpetuity as more dollars added to the system chase the same amount of goods and services.

@TicTocTick Not a bad idea. Always buy that mid week dip in an uptrend

If stocks sell 3% tomorrow I am willing and able to buy. I have sold large sum of money market today anticipating dip buying opportunity tomorrow. I realize as inflation takes hold , dividend payers could continue to rally. At least 25% more .

@antibearthesis But where do you borrow at 3%? Best i can get is 7% with good credit and a much lower amount than 1M

How to print $1,000,000 (easy): • Borrow $1M at 3% • Place it in the S&P 500 at 12% • Wait 7 years → ~$2M • Pay back the loan, keep $1M Why aren’t you doing this?

@Bitcoin_Teej Better off paying the taxes and putting into into your own brokerage account. Only do 401k up to the match

The most expensive tax mistake most W2 employees make is not adjusting their 401k contribution after every raise. You got a $10,000 raise. You kept your 401k at 6%. You just let $10,000 of new income hit your taxable account at full rate. You were already living without that money. You could have moved the whole raise into the 401k and never felt it. Tax deferred it. Let it compound. Most people spend the raise first and wonder why the account never grows.

@MiniRetireMatt As long as you are single and do not have kids

Can you actually retire comfortably? If you have $1M invested, then YES! With $1M invested, using the 4% rule, you can safely pull out $40,000 per year. As long as you're healthy, debt-free, and mortgage-free, you're all set.

@BluthCapital Not really panic buying. Its a gamma squeeze. Everyone started buying call options and market makers had to buy the underlying

Should be able to sell this and scale back in at $6800 down to $6600. $SPX This is called panic buying. Same dynamics as panic selling.

@HeroDividend No, it will be retested

This was a once in a lifetime buying opportunity

@ducksays Upthrust after a wykoff distribution. Exit liquidity before the rug pull

i can't help but wonder if this is a bull trap.