Alvindo Royale

@theficouple Reits.

@BarbellFi You’re an idiot but not for this.

My 401k is almost $401k I’m 36 years old Can’t touch the money until I’m 60 Feel like an idiot for this mistake 😔

@LifeofCurdog @SCHDaccumulator Capped upside. Almost all of the downside.

@alvindoRoyale @SCHDaccumulator 10% dividend

Could you retire off this 3M portfolio? 1M : $VOO 1M: $SCHD 1M: $JEPQ Yield: 4.99% Total income/year: $150,000

@CoachRolfes I’ve been with fidelity for almost 20 years. I’ve used other platforms. Fidelity is the best.

Let's settle the debate once and for all: Pick the GOAT brokerage A) Fidelity B) Schwab C) Vanguard D) E*Trade E) Scottrade (Kidding, but real ones know) F) Robinhood E) Other (My pick = Fidelity) Drop your pick 👇

@theficouple Today I just accepted, I’ll never be rich. I escaped the ten percent. But I’m never making it to another level. This will be a tough talk with the wife.

What does it mean to be “rich” in the United States? Net worth breakdowns: Top 1% = ~$13.7 million Top 2% = ~$8.5 million Top 5% = ~$4 million Top 10% = ~$1.9 million Top 25% = ~$660,000 Top 50% = ~$193,000 ...Do these numbers surprise you?

@DividendBreeder As long as you’re not a moron, having a net worth of 660 is pretty easy by age 65. You can’t do shit with it, but it was easy.

There’s no way these numbers are correct. You’re telling me that half of Americans have a NW of at least $193K? And 1 out of 4 at least $660K?

@theficouple The difference between being top 5% and 10% is staggering to me.

@dollarsanddata During Covid I lost 250k. I called my mom. I was so happy. “Could you imagine if I got in a Time Machine and told 18 year old me you’re going to lose 250k and it won’t really matter that much”. That’s the day I felt wealthy. I am not wealthy by any reasonable metric btw.

Most people believe having more wealth means you can take more risk. But the opposite is true. The more you have, the more it hurts to lose. My latest on the Risk-Wealth Paradox: ofdollarsanddata.com/the-risk-wealt…

@JasonLaCanfora I’m always going to be partial to g&ms.

Real B-more locals get their real crab cakes here. No tourist-trap bullshit No idiot carnival barkers No side order of racism

@chrispapst Maryland is a horrible state to live in. I feel trapped. But I’m moving when the kids graduate. The 8% on selling a house is a definitely one to manage. Be a resident when you sell.

$$$ MOVES: Is Maryland law incentivizing people to divest from the state? My neighbor, who lives in PA and rents a MD property, sold his rental to buy another rental in DE. This is his text to me explaining why. “Delaware is better suited tax wise for retirement. Lower property taxes and no tax on pensions. There is also a Maryland 8% tax for a nonresident when selling a property.”

@StrengthDebates My rhomboids, lats, and hamstrings disagree with you.

My take on Trap Bar Deadlift It’s a squat Therefore, Trap Bar Deadlift is not a substitute for a barbell deadlift And you cannot compare the 2 in any way 2 completely different movements, 2 completely different outcomes 🤝

@SteveOnSpeed On million more than I have.

How much net worth do you need to consider yourself wealthy?

@DrNickA I think it’s fundamentally wrong that some people have more effort, intellligence, or risk tolerance than others.

Having argued with people about private schools for days now. It basically comes down to the fact that some people think it is fundamentally wrong that some people have more money, than other people.

@anymanfitness The guys in my office would struggle to get to 5. It seems the push-up is the new pull up.

How many push-ups (all the way down and up, zero cheating) do you think the average guy can do? Not gym rat. AVERAGE guy. If I had to guess, I would set the over/under at 8.5. Maybe lower.

@myfirstmilpod If earnings continue to grow at their current pace this will not be true.

If you bought the S&P in late 2024 betting on 8-10% returns, you're about to lose a decade of your financial life. Billionaire investor Howard Marks on the JP Morgan chart everyone's ignoring: At the end of 2024, the S&P was at a P/E of 23. Historically, every single time the market hits a P/E of 23, the next 10 years returned between 2% and -2% annualized. NO exceptions. What this means: if you invested $100K at the end of 2024, by 2034 you'll have between $82K and $122K. Best case (2% annualized): you barely beat inflation Worst case (-2% annualized): you lose 18% of your money Either way, high-yield savings beats your "aggressive" portfolio This isn't a bearish prediction. It's a historical certainty based on the price you chose to pay. @thesamparr @ShaanVP

@The_Money_Buddy Every year my number grows with the market. I looked back at my number in 2019 and now it’s double that. I’m always 5% away.

You think you need $1M. At 4%: • $40k/year Before tax. Still enough?

@SacAppraiser Listen to them and ask why when things get hard instead of offering help or solutions.

I’m no longer a father to teenagers. My youngest turned 20 this week. What advice do you have for parenting adults? Both sons are in college now. Would love to hear stuff you’ve learned or things you wish you would’ve known.

@omgsidewalks Almost every billionaire has made many more billions for others.

Actually, you don’t earn a billion dollars. You steal it. Nobody works a billion times harder than a Doctor, a nurse, a teacher, or a farmer. That money comes from underpaying the people who actually did the work. Stop worshipping hoarders who are just really good at wage theft.

@UziCryptoo We live in Maryland under Gov. Moore. We pay 24,000 in state income tax, 8,000 in property tax, and another 6,000 to 8,000 in sales tax. Throwing all the fees and that’s another few thousand. It’s getting close to 50,000 a year to just exist in Maryland,

My dad called me today “Hey, i’m struggling to pay my property tax for this year. It went up almost $1500 to $8188 for the year versus $6600 for last year. I’m confused, i thought taxes were not to increase for two years. Did yours go up as well? This really sucks! They are trying to drive us out of the state.” My dad is 76 and lives on social security. He’s lived in the same house since 1993. It’s been paid off for two decades. Yet he owes $8k in property taxes, or the state of Texas will take his home. This is criminal