Let's talk about money - The Finance Thread


#2262

Can’t refinance. Owe other debts that are in collection. So looks like I just gotta suck it up and pay that shit off asap. as for insurance. That is due to speeding tickets that went on my record for not paying within the 30 day window


#2263

23% interest rates sounds pretty crazy. I don’t know what the average is for newer vehicles because I avoid dealers like the plague, but all things considered that’s high asf if you always have to work OT to meet ends. The risk are normally higher with purchasing used vehicles, but I tend to go for them every time (cragslist etc.), hell right now I’m driving a 92 Camry less than 150K mileage back and forth to work (owner asked for $2000). This not only allowed me to save a shit load of money (no car note/insurance 35-50 monthly), but my commute to work is ideally sound to what you are looking for. Traveling short distances back and forth to work would probably allow me to drive this car another 10 years. In fact, I just paid off ALL my student loans by taking these measures because I had so much extra money left from payday. I moved from California to OKC.

If you’re too deep in you might as well pay it off, otherwise I would look for a way out of that asap. Interest rates are going up on everything, and inflation is rising. You don’t want to be caught in the middle of all that. Be smart, make some good contacts, and always have your bro with you when checking out used cars so you can get a second opinion.

Tirlay and CGC are still grossly overpriced, but ACB is approaching fair levels. I think I’m ready to pull the trigger around the low 5’s. The next buy the news event will have weed stocks soaring again, the sector is still young and if you play it right you can make thousands off of it.


#2264

My plan is to stack up enough to buy a used car. Surrender this one. And from there just mainly do contracts throughout the southeast region of the US. So that way I won’t put much milleage on it. I’ll owe on it but at least that’s 450 a month back in my account.

Once I very stacked a good deal of savings. I’ll work towards paying my debts down. You are absolutely rright. Avoid dealerships unless you got it like that. Avoid debt period. Also I looked into my insurance. My speeding ticket convictions is what uped it.


#2266

Now everyone is leaving wall street and going into Crypto!!! Strange new world…


#2267


Money, Money, Money, Money, Money, Money, Money, Money:

Here are the standard deduction amounts by filing status:

Filing status 2018 tax year 2017 tax year
Single $12,000 $6,350
Married, filing jointly $24,000 $12,700
Married, filing separately $12,000 $6,350
Head of household $18,000 $9,350
  • The standard deduction is $1,300 higher for those who are over 65 or blind; it’s $1,600 higher if also unmarried and not a surviving spouse.

EDIT: Gold & Bitcoin going up in price now!!!


#2268

But in 2017 you also got a $4,050 exemption for every dependent including yourself. In 2018 that exemption no longer exists.

I see that they also completely changed form 1040. I guess that will make for some excitement too.


#2269

I love these pics:

I should’ve put in VIX ( 36.07 up 19.79%)

GOLD 1272.50 up +14.40 +1.1446%

NIKKEI 19239.22 down -925.74 -4.59%

The Bears, the Bears!!!


#2270

Lots of volatility right now. Most fundamentals have already went out the door, but we were heading to a important support level based off charts from the Dow. So far, it has managed to hold, but I would say these swings aren’t healthy even for day traders.


#2271

Yeah, i feel you. I used to pay even more for that, but then i just realized that i’m done spending my money on things i’m not using at their 100%. I switched to insureplus.com and now i’m paying barely half of what i was paying before. So, i think you should just take a look around and find another insurance service.


#2272

taking a huge hit here. Everythinig on sale right now, im going back in.


#2273

Yeah, gutted on my worth, but in it for the long haul so nbd.

Wish I had more liquid to throw in right now though.


#2274

I want to invest in MJ stock. How do I do that?


#2275

Title is “I’m 29 Years Old With Nearly $1,000,000 In Debt!”

Someone wrote (Gonzalez Ggggonzalez, 5 hours ago):

At what point do you just take all your money (sell house) sell everything. And Move to Mexico Canada the Caribbean etc? $1M $2M? Forfeit your American Birthright. I feel bad for these folks. I wish them well

Someone wrote (Mike B, 3 hours ago):

Spending money that isn’t their… typical u.s…also the cost of destroying our environment on top of that?? How r we paying for that? That debt is racking up daily and no one in the world HAS to pay anything , so they won’t… even though it will destroy us ha

Speaking o’ which…

Debt is fake… Debt does not exist in reality…

Monopoly analogy = real life


#2276

Anybody watching BTC? I was getting ready to toss some money in below 3000 but it recovered nicely.


#2277

Just a couple irresponsible fucks. Wow. The dude may be able to buckle down, but I’m sure the woman will leave to find another guy who will enable her.


#2278

So…Disney bought Fox, which I happen to have a couple hundred shares of (currently trading for $48+). According to an email from Charles Schwaab, I have until the 17th to choose to either

1: a payout of a price decided at the discretion of DIS, but most likely around $38 (not a typo) per each share of Fox that I hold

or

2: choose to have the equivalent of that payout automatically invested in shares of DIS ($112+).

I’m thinking

3: Just selling all my FOX stock (better deal), and looking for a better option, like maybe purchasing the NEW FOX stock when it launches, or even just investing fully in about 200 shares of DIS. With this merger, they seem poised to become more profitable.


#2279

DIS seems undervalued here atm. Projected stream services, park prices going up, Lion King and Aladdin, lots of things coming. It’s probably not going to touch sub 100 levels ever again imo


#2280

I’m thinking the same thing. They seem like someplace safe to park a few K for a while.


#2281

You guys buy $20,000 of one stock? Not everyone is rich… :slight_smile:


#2282

I bought 10K worth of T shares once, I think that’s the highest I’ve ever gone. Thank god I took profits looking at it now.

I believe Ken34 said sometime back he had like 20K worth of AMD shares. Looking at AMD now, dude is probably on a permanent vacation somewhere lol.