• 31 Posts
  • 399 Comments
Joined 2 years ago
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Cake day: June 16th, 2023

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  • When did you exit your positions and when do you plan to reenter?

    I never had positions to exit. Was on the struggle bus financially for a long time and even had to declare bankruptcy back in 2013.

    I started making more money and finally being able to really save and invest in late 2020/early 2021 but with Covid and everything being all crazy I wasn’t sure of the market as I’ve had no prior investing experience and didn’t even have a 401k. So I started aggressively paying down remaining debts and saving instead.

    Currently my only debt is my mortgage, which I should be able to fully pay off (well ahead of amortization) in the next five years or so, and I’m currently living well below my means to save for retirement. Currently I have probably 18 months to two years of expenses in the HYSA.

    I was planning to begin investing and putting funds in 401k or a Roth IRA this year, but Trump happened and I’m as lost as ever. I prefer the safe bet of the saving yield right now to potentially losing a ton of money, seeing as the markets are just falling everyday from what I can see.



  • At this point I think I have more like 18 months to 2 years in my HYSA right now. I aggressively paid down my debts and as of January this year my mortgage is the only one left, but I didn’t start having enough to seriously invest until the last few years (maybe 2020 or 2021) and I’ve been aggressively saving since while I figure out where to put the money longer term.

    On the bright side, I’m making so much more than I spend that it’s likely I’ll have my 30 year mortgage (27 years remaining) paid off inside of 5 years while still being able to continue saving, and paying the mortgage off will accelerate my retirement options.




  • tomkatttoInsanePeopleFacebookI work with this guy...
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    28 days ago

    Hell if I know. I suppose that’s one of the multitude of possibilities of “what’s coming.”

    All I know is I’m fine with getting out of the way while they get it. Preferably far away, where I won’t have to hear the bitching and blaming later when they find out what they asked for, what they voted for, and what they actually wanted don’t align.




  • tomkatttoPolitical Memes*Tap tap tap*
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    29 days ago

    I think there’s a difference between people who voted republican (conservatives) who legitimately believed a lie or just saw what they wanted to see(single issue voters) and MAGA who knew it was a lie and deeply corrupt.

    I honestly don’t think we should differentiate. Republican leadership in the house and senate have done nothing to stand against Trump and MAGA, and have completely facilitated this mess. Differentiating between “MAGA” and “Republicans” just gives them an out later. MAGA is Republican, and Republicans are MAGA, at least at the policy level.

    The Republican party needs a dramatic shift away from utterly insane and corrupt politics and behavior, and that’s only going to happen with a heavy amount of pressure from their base and elsewhere. They don’t deserve leniency in this.