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This blog is about the top 10 Commandments of Options Trading Strategies.
Options trading is a complex and often risky business. However, by following some simple rules, options traders can increase their chances of success while minimizing their losses.
Option strategies are the simultaneous, and often mixed, buying or selling of one or more options that differ in one or more of the options’ variables. Call options, simply known as calls, give the buyer a right to buy a particular stock at that option’s strike price. Conversely, put options, simply known as puts, give the buyer the right to sell a particular stock at the option’s strike price. This is often done to gain exposure to a specific type of opportunity or risk while eliminating other risks as part of a trading strategy. A very straightforward strategy might simply be the buying or selling of a single option; however, option strategies often refer to a combination of simultaneous buying and or selling of options.
Options strategies allow traders to profit from movements in the underlying assets based on market sentiment (i.e., bullish, bearish or neutral). In the case of neutral strategies, they can be further classified into those that are bullish on volatility, measured by the lowercase Greek letter sigma (σ), and those that are bearish on volatility. Traders can also profit off time decay, measured by the uppercase Greek letter theta (Θ), when the stock market has low volatility. The option positions used can be long and/or short positions in calls and puts.
Below are the 10 Commandments of Options Trading:
- Do your homework. Before entering into any options trade, make sure you understand the underlying security, as well as the risks and rewards associated with the trade.
- Have a plan. Options trading is not a get-rich-quick scheme. Carefully craft a plan that takes into account your investment goals, risk tolerance, and time horizon.
- Use stop-loss orders. A stop-loss order is an order to sell an asset when it reaches a certain price point—the point at which the loss on the trade would become too great to bear. By using stop-loss orders, options traders can limit their losses on any given trade.
- Let winners run. Once an options trade is profitable, resist the urge to take profits too early. Instead, let the trade run its course and reap the full rewards of a successful trade.
- Cut losers short. On the other hand, when an options trade is going against you, don’t be afraid to exit the position and take your losses. Trying to “fight” the market will only lead to further losses.
- Manage your risk exposure. One of the most important aspects of successful options trading is managing risk exposure. Make sure you don’t have too much of your portfolio invested in any one security or sector. Diversification is key to mitigating risk in options trading (or any kind of investing).
- Use limit orders. A limit order is an order to buy or sell an asset at a specific price—the price at which you are willing to enter into the trade. By using limit orders, options traders can better control their risk exposure and avoid getting caught up in volatile markets.
8 . Be patient . Patience is a virtue in all aspects of life, but it’s especially important in options trading . Don’t enter into trades just because you’re feeling antsy—wait for opportunities that meet your investment criteria . And once you’ve entered into a trade , resist the urge to “trade emotionally” and instead let your original analysis play out . Over-trading is one of the biggest mistakes options traders can make .
9 . Stay disciplined. Like patience, discipline is also key to success in options trading . Once you’ve developed a sound investment strategy , stick to it ! Don’t let emotions influence your trades — if anything , emotion should be kept out of trading altogether . The best way to do this is by developing a clear set of rules that you always follow when making trades . If you can do this , you’ll be well on your way to success as an options trader.
10. Have realistic expectations . Finally, it’s important to have realistic expectations when trading options . Remember : there are no guaranteed winners in options trading ! Every trade involves some degree of risk, so don’t expect to win every single time. If you approach each trade with reasonable expectations and focus on long-term success, however, you’ll be well on your way to becoming a successful options trader
Furthermore:
- Thou shall always take 100% daily gains or 200% all time gains.
- Do not fall into temptation and buy during the first 30 minutes of market open. (Selling positions is still permitted)
- Thou shall not buy calls on green days.
- Thou shall not buy puts on red days.
- Avoid greed and do not buy consecutive options on 1 company.
- Give thyself at least 3 weeks time to play the option.
- End your suffering and sell if down 50% all time on an option play.
- Avoid gluttony and do not day trade options. (Swing trades allowed)
- Be fruitful, multiply earnings and sell covered calls if holding any.
- Celebrate and binge drink after big gains (or losses)
- Off topic, but relevant – You absolutely need to be doing a 401k or IRA as well as investing in crypto: 401ks and IRAs offer fantastic tax advantages that straight investing does not. Also if you have an employer who matches you are leaving money on the table by not taking advantage of that. It’s foolish. Crypto is great and should definitely be in your portfolio but it should not be your whole portfolio.
Sources:
1- WallStreetBets
2- Wikipedia
Options trading can be complex and risky business, but by following some simple rules traders can increase their chances of success while minimizing losses
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TL;DR: College fittie turned middle aged fattie started a GLP-1 drug and was shocked to discover that Big Pharm finally came up with an actual weight loss drug that works. Also, Oprah cut ties and donated her multimillion dollar Weight Watchers stake to charity so she could host an ABC special on GLP-1 drugs TONIGHT where she is going to talk about how these drugs carved her into a fit 70 year old and will let reps for the two leading companies give free sales pitches on TV. I believe Novo Nordisk (NVO) is going to 🚀🚀🚀 tomorrow after the world hears her story. And keep going up from there as word spreads. Long Version: Blockbuster weight loss drugs. They've been the metaphorical holy grail for both pharmaceutical companies and older housewives for over half a century. A drug company announces a new "miracle" drug, investors and fatties all get excited, everyone realizes it's yet another dud, and all hope is lost. I know from personal experience that this time is actually different. I was jacked and tan in college. Then I graduated, and God started his Big Short of my metabolism 📉 Fast forward 20 years, a high pressure job, a marriage, some kids, and more pounds packed on than I'd like to admit. I realized what was happening, but it was no use. I had tried everything over the past 5 years. I would attempt to stick to restrictive diets. I tried the old supplements that i used to eat like candy (even ephedrine). I attempted to find time to make it to the gym, even though I had become too out of shape to do my old gym routines. The scale kept trending in the wrong direction. After having another kid and climbing to an unfortunate milestone number on the scale, I decided in summer of last year that I really needed to change my lifestyle so I could be there for my kids long term and not die in my 50's. And I did make changes. It worked a little. I lost 10 lbs in the 6 months between June and December. But it was a slow and frustrating journey that quickly stalled. Enter GLP-1 drugs like Ozempic / Zepbound (by NVO) and Wegovy / Mounjaro (by LLY). I went to the doctors in December to express my frustrations and concerns, and I started taking Ozempic at the beginning of January. I'm down 35 more pounds since then. Let me say that again... I lost 35 pounds since January. As in 2.5 months ago. Without any other changes. No additional gym routines, no fad diets, no amputation of limbs, nothing. I didn't change anything else when I started taking the drug... the drug simply started changing me. I look better, I feel better, I'm more active with my kids, I have renewed hope that I won't die in my 50's as a sweaty amorphous blob. It truly changed my life, and I'm losing more each week. And I'm not even at the full dosage yet (you titrate dosage upwards every few weeks from a low starting dose to offset/minimize potential side effects like nausea). The entire world is going to hear a story similar to mine tonight at 8:00pm Eastern Time on ABC. But this story is going to come straight from the heavenly lips of WSB's newest angel Oprah. And the world listens to Oprah. At least middle aged housewives who put on a little too much weight do. You know... the exact same people who are GLP-1 drugs' target consumer. Scroll back on Oprah's social media pages and you can basically pinpoint exactly when she started taking these drugs. She spent a decade as the face of Weight Watchers, and she has definitely lost some weight in that time. But nothing overly dramatic. Until GLP-1's. She looks amazing now for 70 years old. Now we need to dive into the drugs, the companies, and their corresponding stocks. Basically, two pharm companies are in competition for this space. Nova Nordisk (NVO) manufactures the GLP-1 drug semaglutide under the names Ozempic and Wegovy. Ozempic received approval in 2017 specifically as a type-2 diabetes drug, but celebrities have been using it off-label for a few years because people realized that it effectively causes you to lose weight in addition to help manage diabetes (even in non diabetics). Wegovy received approval in 2021 as a different name for Ozempic, but targeted specifically at weight loss. More and more people are hearing about Ozempic (by far the most well known of these drugs) and it's becoming a well known brand, but it isn't quite yet to the point where every overweight person in the country is asking their doctors about it. There are still stigmas around using weight loss drugs (which our queen will try to smash tonight). These are NVO's main product, unlike how LLY has been around for 100+ years and has countless drugs. So NVO is what I'm focusing on because it has more potential to pop based on positive news. Eli Lilly (LLY) manufactures the GLP-1 drug tirzepatide under the names Mounjaro and Zepbound. Similar story here. Mounjaro received approval as a type-2 diabetes drug in 2022, and Zepbound just received approval for weight loss just a few months ago in November 2023. So word still hasn't really spread too far about these yet. But it will. I won't get into the specifics and mechanism of action for these drugs because this isn't a science class and you don't care. But basically semaglutide works on one set of receptors, and tirzepatide works on that same set - plus an additional set... so it may have slightly better results. But both most definitely work for weight loss. In that New England Journal of Medicine study, the mean percentage change in weight for participants of a trial after 72 weeks on tirzepatide was negative 21% when ramping up to the full 15mg dosage. In other words, the average result of taking a full dose for 72 weeks was a loss of 21% of their entire bodyweight (i.e. a 300 lb person would lose an average of 63 lbs). And this whole writeup doesn't even dive into the potential these drugs have on the 'beetus. We'll just focus on weight loss for now because it goes without saying what a massive pile of cash makes up that entire industry. Now what about our beautiful elderly yet fit black queen and provider of imminent riches Oprah? How does her fitness journey fit into this? Oprah previously made comments that referred to weight loss drugs as an "easy way out". But in October of last year, she changed her tune and started speaking more fairly about them and said that they are an important and viable option for some people. Weight Watchers stock (WW) started to slide. In December, she admitted that she was taking a weight loss drug. WW slipped more. A couple of weeks ago, she ditched her Weight Watchers ties and said that she's donating her millions of dollars worth of shares to charity, but didn't elaborate on why. Now, she just came out and said that she had cut ties with Weight Watchers so she could be unbiased for a weight loss special that she's hosting tonight at 8pm. WW stock fell from over $13 in October to just around $2 now. This titan of the entertainment industry can move markets. The mighty Oprah taketh away, but the mighty Oprah can also giveth. Her weight loss special tonight is an important factor here. Housewives all over the world have sat at the edge of their seats for decades hoping that Oprah would lean into their television, whisper in their ear, and bless them with a secret way to lose weight, fall in love, strike it rich, or tell them how to get Tom Cruise to estatically jump on their couch. And here she is, now free of her Weight Watchers ties, about to tell the world about something that ACTUALLY WORKS. Her story will likely sound similar to mine... years of trying fads and attempting to start routines and maybe even getting into a good routine but it ends up not being really effective... then discovering one of these blockbuster drugs. And it doesn't really matter which one, because both work through the same mechanism of action. Either way, both companies are going to win big as the news gets out. Or should I say win bigger... this train has already started to gain momentum as the stock prices show. The gym and fitness industries have even starting to change their strategies because so many people are getting these prescriptions - JPMorgan estimates close to 10% of the US population will be on these drugs by 2030. Tonight, housewives will listen to their angelic savior and nostalgically yearn for the good old days of their youth and physical prime. Doctors will be asked about these drugs. Word will spread. Results will actually be seen on the scales. Weight loss goals will finally be achieved. Husbands will be convinced or coerced into talking to their doctors too. Coworkers will hear about success stories. Jealousy will fuel the fires of desire for more and more people to lose weight like their friends. Prescriptions will be written left and right like our goddess Oprah handing out free cars to audience members in the early 2000's. The stocks will shoot up and keep going up. YOU GET FREE TENDIES! AND YOU GET FREE TENDIES! EVERYONE GETS FREE TENDIES! Or at least that is my crystal ball prediction of how this could play out. This isn't a technical analysis. I bought LLY and NVO stock early this year as soon as I realized that they actually work and their financial potential. I subscribe to the Warren Buffett theory of only investing in what you truly believe in. And you can easily see how major news stories related to the weight loss potential of these drugs match up with hikes in the company stock prices. So I also bought calls when I heard about the Oprah special tonight. But I'm not a financial advisor. I'm not Oprah or even Dr. Phil. And this isn't financial advice. I'm just an ex fat ass who finally tried something that actually works after trying countless things that didn't. So to wrap it up... I believe in a longer and healthier life through proper weight management. I believe that GLP-1 drugs have given that to me. I believe in LLY. I believe in NVO. I believe in America. And most importantly... like most of the other people who live in the fattest country in the world... I believe in Oprah. Let's believe in Oprah together. (5/22 calls at 145) submitted by /u/tinyballz [link] [comments]
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Monday Mr. Powell begins writing his Fed remarks on bar napkins in an airport in Topeka New Mexico wondering if dollar bills are worth less than recycled materials. Tuesday Nvidia screeches to a halt after announcing a partnership with Elon Musk, Kim Dot Com and Edward Snowden at its AI conference. Wednesday The Fed says interest rate cuts were off the table until paper towels and napkins returned to nominal levels leading stocks to ATHs. Powell later clarified his comments were transitory and to be cautious of deep fakes with potty language humor later in the afternoon. Thursday Reddit’s website crashes and is offline until the market closes. The IPO ends the day up 7% and Dorsia opens its bathrooms for the first time since Covid after installing gliding mirrors with live crypto price feeds. Initial jobless claims, existing home sales and manufacturing PMI were not reported. Whatever was reported last time is close enough they said. Friday TikTok executives return from the Nvidia conference with Q Star and plug it into the master server causing a blackout in Ukraine and Taiwan. Saturday New frosty machine is delivered to home address instead of Wendy’s address. Sunday Frosty machine is out of service and returned to Wendy’s for maintenance. Monday Nvidia breaks $1,000 and everyone who didn’t buy is very poor. Ending Results S&P 500 - doesn’t matter DOW - pass Nasdaq - no thanks Reddit - 0 Nvidia - 999.99 Tesla - fuck cars Bitcoin - 99,999.99 Mara - delisted Trading options this week will be boring so go outside. submitted by /u/B3stAuD1t0rofA11tiME [link] [comments]
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Here are some things we know for certain: AI stocks have seen significant growth recently. NVIDA is one of those stocks that has performed well. The people who frequent this site are always looking for the next big thing. The people who frequent this site are..........somewhat challenged. Still with me? Good. Here's the play. Beiersdorf, $BDRFY. Currently sitting at $29.21. Why? Well they own NIVIA. And if you squint a little, or have had one too many drinks, that looks a bit like NVIDA. I have $4500 to get shares before open. I'll update my exact position in the thread once I've purchased. submitted by /u/jeoffvader [link] [comments]
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EIDT TO ADD TITLE AND SALARY HISTORY: 2021-2024, director, 200k base, 280 TC, reporting to sr director 2017-2024, head of (sr manager), 100k (140k equivalent considering foreign income exclusion, 170k equivalent TC), report to VP 2015-2017, 105 base, 120k TC head of (senior manger), report to sr director. -2014-2015, 95 base, senior manager report to director -2011-2014, 65k base , manager, report to director 2008-2014, 40k base , manager title, report to director 2004-2008, 40k base, various assistant level roles Note with inflation those manager roles now pay 100z Laid off in December, updates and questions on my journey … Disclaimer: I know I ’m incredibly fortunate to even be interviewing. I’ve had quite a few leads, many have run dry. I have a couple more 1st interviews in the coming weeks. This week, I’m in final rounds and this consultancy keeps dropping the price. Before layoffs I was making 200k (290TC), HCOL area before you start telling me I should not be picky… Advertised this role was a range of 140-165, total comp maybe 180. I know it’s a cut but the work is interesting, so I apply. Now they’ve said that role is reserved for someone with consulting background but I can continue with the lower role (advertised at 110-135). I say ok, I’m not motivated by title, and mention my concern that it’s a big drop for me. In scheduling the final round they have “in an effort to be transparent” email they further dropped the role to 100-120k. I am debating if I do get it (not assuming I will) to turn them down and just go back to school. I just read the post about downward pressure on wages but am I seriously expected to take a 50% paycut on my base, and 180k total comp? It’s a job that requires a lot of travel which I’m also not excited about that if I’m not being paid well to leave my family. I also have decided to freeze my eggs which at my age will take multiple rounds, and am working to lose the 50lbs I gained during Covid and I’m worried starting a new job with travel isn’t smart given those other goals. Keep in mind I have severance and healthcare paid until august… Am I undervaluing myself and I’d be better off waiting for something better? Or am I totally stupid to turn down a job in this market and I may not get another offer? I feel like I’ve always made decisions out of scarcity and fear and I’m not sure if this is the smart move right now as a higher earner. I can last financially for a while but I will start to stress around october as I’ll have to start dipping into savings when unemployment and company-cobra runs out TLDR: wages are dropping but is 60% uncalled for? submitted by /u/MajesticBowler7178 [link] [comments]
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Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]
- Move From France to UK with a ~4M€ wealth and putting everything on Vanguardby /u/jean_galt (Financial Independence / Retire Early) on March 18, 2024 at 8:56 am
Hello everyone, for professionnal and family reason we may move from Paris to Bristol for 4 years (and then retire to Malta). I am looking to restructure my wealth (~ 4M€) in order to simplify the maintenance. My strategic allocation is 50% on a diversified stock index, 40% Real Estate, 10% Else (BTC, bonds and cash) Real Estate is half on multi-familiy units (thanks France for low fixed rates) and SCPI (European private REITS bought with 1% fixed rate on 22 years) Today I have the financial assets into several accounts (french tax laws with PEA, PEG and Assurance-Vie, that are like 401K but a little bit more flexible), I intend to put it all into a Vanguard general account with a low cost index fund (Vanguard FTSE Developed World because of cheap TER). Selling all financials assets and consolidating them into one acount under the new non-dom rule shouldn't have any tax trigger. As my plan is simple, I don't see the need for an adviser (am I wrong ?), and Vanguard seems large enough to have all the financials holdings into a one general account (am I wrong ?). Am I missing something ? submitted by /u/jean_galt [link] [comments]
- Moronic Monday - March 18, 2024 - Your Weekly Questions Threadby /u/AutoModerator (Financial news and views) on March 18, 2024 at 6:01 am
This is your safe place for questions on financial careers, homework problems and finance in general. No question in the finance domain is unwelcome. Replies are expected to be constructive and civil. Any questions about your personal finances belong in r/PersonalFinance, and career-seekers are encouraged to also visit r/FinancialCareers. submitted by /u/AutoModerator [link] [comments]
- Apple Is in Talks to Let Google’s Gemini Power iPhone Generative AI Featuresby /u/YoungReese (wallstreetbets) on March 18, 2024 at 5:57 am
Apple is in talks to build Google's Gemini artificial intelligence engine into the iPhone .Apple also recently held discussions with OpenAI and has considered using its model. Apple and Google are in active negotiations to let the iPhone maker license Gemini, Google's set of generative AI models, to power some new features coming to the phone's software this year, Bloomberg said. The two parties have not decided the terms or branding of an AI agreement or finalized how it would be implemented. It is unlikely that any deal would be announced until June, when Apple plans to hold its annual Worldwide Developers Conference. SOURCE: https://www.bloomberg.com/news/articles/2024-03-18/apple-in-talks-to-license-google-gemini-for-iphone-ios-18-generative-ai-tools submitted by /u/YoungReese [link] [comments]
- Thoughts, input, FIRE is upon us, but I don't feel ready.by /u/dcwhite98 (Financial Independence / Retire Early) on March 18, 2024 at 2:08 am
OK, so many of you are going to say I have it made. I have plenty of money and I should enjoy life. You're probably right. But it's my nature to plan for the worst and hope for the best. I am mainly looking for thoughts on how to make it through the next 8-ish years without touching my retirement funds. Bit of background: My wife (54) makes about $315K/year. I (54) make about $150K. I sold a business in 2018 that made some meaningful cash, I've been working because, well, I can and I'm not ready to go to the golf course every day. My wife is done with her job and wants to quit. She'll get paid out on some options that will be a nice bit of cash, but once she quits that's 2/3 of our income gone. I am supporting her in this decision, but need to be able to make up the difference in income from investments. We have 2 kids, 16 and just about 15, so college years are ahead. College for both is all, or mostly, funded depending on where they go to school. Both are high performers, so very expensive colleges are a possibility. To the important pieces: We live in a suburb of Houston. Relevant because no state income tax, and MCOL. Non retirement: Total: $2.2M, which is roughly: $650K in cash, mostly HY Muni MM accounts. What not in HY is in checking and savings. $1.5M-ish in stocks, mutual funds. GOOGL, APPL, LLY are major holdings with a $150K gain in both Google and Apple (each) and almost $100K in LLY. I have to consider taxes on selling, but all long term gains. We own our house outright, $750K is a conservative equity ballpark. Could be $800K when my next county assessment comes out. The options she has in her company will be paid out, she's fully vested, and should be a little over $300K. The taxes on this are not clear though... this could generate a $150K tax bill. It isn't $300K in the bank free and clear. College Savings, 529 accounts: 16 y.o.: $185K 14 y.o.: $171K I generally don't include these in my net worth calculations as the money is theirs and not something I have to live on in the future. I am still funding both $1000 each/month. Retirement: $6.5M Heavily invested in stocks. Lots of different stocks, funds, ETF's, etc. I am generating about $75K in dividends income that is being reinvested to create bigger dividends in the future. I have a $1.5M position in NVDA, $1.45 is profit. I also have significant positions in many other stocks too many to list, AAPL, LLY, AMZN are meaningful positions... but not dominant in that a 20% drop in any doesn't make a substantial impact to the big picture. Insurance: Out the ying yang... life, cars, flood, home, $3M umbrella policy, valuables. If anything I'm over insured. Total NW in cash, home equity and investments is $9.7M... so you don't have to do the math. It's $8.65-ish taking out home equity and college savings. Not counting cars, watches, jewelry, and anything else we have of value. We spend about $160K annually all in (this needs to be reduced, obviously). We saved, last year, about $75K of our take home. We don't live extravagantly (I know and still spend that!!), we drive reasonable cars, our house has almost doubled in value since we bought it. We don't stress about money, our friends wouldn't suspect we have what we have. From my income after tax minus what we spend, we will have about a $95K/year shortfall from current spending levels. This is where I need to make money from the $2.2M. I don't want to just use it all up until we can get to the retirement money in 10-ish years. I'm stressed about my wife giving up her income. She needs to, I support the decision, she's stressed beyond what anyone should be. But willingly giving up 2/3 of income is tough to consider. I need to feel better about my financial situation. Maybe just need to understand and appreciate what I have accumulated... So... what ideas do you have on making the most of this $2.2M in accessible cash and investments? OR, if you don't have any... can you help me feel less stressed financially/ why I should appreciate where I am now? I know I shouldn't feel this way, I know we have substantial money and net worth. But it just isn't in my nature to rest on it and hope for the best. I don't have any inclusion of SSI in my future plans, not sure it's reliable. We could live another 30 years... and starting to depend heavily on savings/investments at this point feels very early. Thanks for your input. submitted by /u/dcwhite98 [link] [comments]
- Apple Quietly Reveals MM1, a Multimodal AI LLMby /u/YoungReese (wallstreetbets) on March 18, 2024 at 1:39 am
A new paper from Apple presents MM1, a family of multimodal AI models that combine vision and language understanding. The researchers conducted extensive experiments to identify the key factors driving performance in these models, testing different architectural choices and pre-training data mixtures. Key points: MM1 includes both dense models up to 30B parameters and mixture-of-experts (MoE) variants Image resolution has the biggest impact on performance, more than model size Specific vision-language connector design has little effect Mixing interleaved image+text, caption, and text-only data in pre-training is crucial 5:5:1 ratio of caption, interleaved, and text data works best Synthetic caption data helps for few-shot learning The 30B dense model beats prior SOTA on VQA and captioning tasks https://aimodels.substack.com/p/apple-is-working-on-multimodal-ai?triedRedirect=true submitted by /u/YoungReese [link] [comments]
- How are Roth 401k rollovers treated - as contributions, earnings, or both?by /u/ReadAllowedAloud (Financial Independence / Retire Early) on March 18, 2024 at 1:31 am
I'm thinking about rolling my former employer Roth 401k money into my Fidelity Roth IRA. There were some direct contributions to the Roth 401k (probably around 2014-15 or earlier), and some after tax contributions that were converted to Roth, starting in around 2018 and ending in 2021. The Fidelity Roth IRA was started in 2010 or 11. When I roll these funds over, are they considered contributions or earnings? Is there any difference in treatment for the funds that were contributed as after tax, then converted to Roth within the plan? submitted by /u/ReadAllowedAloud [link] [comments]
- Whoever exercised, fuck youby /u/CSachen (wallstreetbets) on March 18, 2024 at 12:30 am
submitted by /u/CSachen [link] [comments]
- Reddit's IPO as much as five times oversubscribed, company is poised to reach its targeted price rangeby /u/roundupinthesky (wallstreetbets) on March 18, 2024 at 12:02 am
submitted by /u/roundupinthesky [link] [comments]
- So you mean to tell me I have a week for it to go up 1% and it's a 5 bagger?by /u/generic_pog (wallstreetbets) on March 17, 2024 at 11:20 pm
submitted by /u/generic_pog [link] [comments]
- Being laid off and finding hard to spend the money I savedby /u/MetallicKlash (Financial Independence / Retire Early) on March 17, 2024 at 9:09 pm
I know this is a psychological question more than a mathematical one. And I am going over this in therapy already, but the question/request for feedback is if you have had a hard time when you needed to use your nest eggs pre-retirement to bridge some time with lower or no income. My work contract is ending and I am going to be having a severely reduced income which may allow me to cover my costs, but barely. It'll definitely kill the saving potential until I found new sources of income. With that said I have a very low burn-rate of approx. $36k/yr and savings (all readily available in post-tax non-tax-deferred accounts - non American, so no 401k or anything of the sort) in an amount of close to $850k. Excluding my car and some other small day-to-day accounts I choose to not count. It may take me some time to build back to where I was before, and I can see the case of having to spend 20-40k of my savings while I do this. Literally a drop in a bucket given my privileged position, and still... I don't even feel like I want to order food or go out to to a restaurant. I still do, don't get me wrong. It's not a terrible pathological thing but more an aversion to spend money that I worked for and it sitting there in multiple accounts being invested. I tend to leave everything on autopilot but I can also make bold moves every now and then. And now it crossed my mind (counter-intuitively to everything I just described) to just move some money around and fund my daily spending accounts with enough money for a year. Just to "feel I have it". Otherwise I feel all my NW is an excel. Have you felt something like this? have you do anything like what I just described? Any observations or advice? I'm happy to be criticised guys. So thank you. Note: My FI number is probably around 1.2M given my expenses. I'm not far, but not quite there yet. submitted by /u/MetallicKlash [link] [comments]
- What Are Your Moves Tomorrow, March 18, 2024by /u/wsbapp (wallstreetbets) on March 17, 2024 at 8:00 pm
View Post submitted by /u/wsbapp [link] [comments]
- saving for collegeby /u/Beneficial-Star-6598 (Financial Independence / Retire Early) on March 17, 2024 at 7:16 pm
I'm nearing Financial Independence within a few years. Divorced with a 13 & 10 year old. Years ago I made a mistake a purchased whole life insurance as a method to save for college for both of them. Both policies are fully paid up with about 35k each. At the time that I need them (kids age 23), they'll be worth about $60k. I plan to take loans, with zero interest, then pay them off at the time of graduation, to allow my money to season a bit more. My financial planner at the time was not a fiduciary. Mistake #1. And I trusted that he was giving good advice, but in reality, he was just selling Mass Mutual products to get his commission. With what I know now, I feel like whole life insurance is a very indirect way to attempt to fund college, but I'm not sure what to do at this point. Any suggestion? Also, I have a Whole LP myself worth $100k, It is fully funded, with a 5% div. I use it as an emergency fund when needed. However, I also purchased a 20 year term policy last year <$1k annually, it expires at age 70. Any suggestions on what to do with this slow growth product as well. submitted by /u/Beneficial-Star-6598 [link] [comments]
- Finally reached a net worth of 100k @ 31. Better late than never!by /u/Reductate (Financial Independence / Retire Early) on March 17, 2024 at 5:31 pm
Our “stats”: Government 457(b) - 25k Roth IRA - 40k Savings - 35k Pension - Vested My salary: 106k/year SO’s salary: 70k/year It’s been a bit of a journey to say the least, but I’m happy to say that we’ve finally crossed the 100k net worth threshold! My SO and I have been together for 8 years and living together for 7 of those. My SO made anywhere from 12k to 30k/year before getting laid off in 2020 (thanks to COVID) and starting a MSW program. Over the past 8 years I’ve worked two government jobs, starting at 33k/year at my first job to making 106k at my current job. Our current net worth is ultimately the result of diligent saving, keeping our expenses low, and avoiding lifestyle creep especially when I finally started making over 6 figures. While it was mostly through my income that we were able to reach our current net worth, my SO was able to work part-time during the majority of her MSW program (~10k/year) which helped pay down relatively small monthly bills like utilities and groceries. Now, she makes 70k in a fully remote position and I’m excited for what the next decade of our lives together will look like. What’s next? For the short term, we’re still living like we only have one full time income and have been aggressively saving my SOs salary for a house in the next year or two in our (relatively) LCOL area. For the long term, and now that we finally have two respectable salaries after years of one full time income and one mostly half-time income, we plan to start a family and open a 529 for our kids, continue maxing our Roth every year, increase our 457b contributions (I'd certainly love to have more than 25k in that right now), and just continue to save in general for our retirement. Of course, we also expect our household income to increase over the next several years. It’s not the most interesting story nor the most complicated path to our first 100k. Getting to this point was the toughest part, and it was through conventional investment strategies. The 457(b) is a mix of low cost funds (~75% stocks, ~25% bonds) while the Roth is in a 2055 Target Date Index Fund. I think this investment strategy is the way to go for our situation even if it seems very simple, but would love to hear anyone else’s experiences (especially if anyone here happens to be in the public sector). submitted by /u/Reductate [link] [comments]
- Financial Samurai?by /u/International-Net112 (Financial Independence / Retire Early) on March 17, 2024 at 5:11 pm
Cross post. What are your thoughts on his theories and tips? I like the debt sequence, conservative approach to FIRE (warning you need more than you think, and use of actual budget examples. The side hustle comments aren’t that useful to me. submitted by /u/International-Net112 [link] [comments]
- The gift of savingby /u/ConstantinopleFett (Financial Independence / Retire Early) on March 17, 2024 at 3:19 pm
My birthday is coming up and I really don't want any gifts, especially from my sister who should be saving more than she is. But I don't want to be the Grinch, and would like to turn it into something positive. I was thinking of saying something like: "For my birthday this year I'd like if you create a new brokerage account and put into it whatever money you would otherwise use to buy me a gift, buy <insert some fund I find with no or low minimum investment>, and send me a nice card with the purchase confirmation receipt, then spend the money when you retire". Then I'd just tell her the same thing every year and theoretically she'll be sitting on an extra $15-25k when she reaches retirement age. She'll think I'm the biggest nerd ever but I think it will work, and it would make me genuinely happy, much more than some trinkets from Amazon could. I was curious if anyone else has tried something like this with family, especially siblings, or a similar way to opt out of receiving gifts with a positive spin. EDIT: Thank you for the great comments so far, especially the ones that challenge my thinking on this. I'm especially grateful for alternate suggestions as long as they end with me not getting gifts and everyone being happy. submitted by /u/ConstantinopleFett [link] [comments]
- The Deposit Myth: How a linguistic glitch confuses the hell out of economists and the public alikeby /u/EconHacker (Financial news and views) on March 17, 2024 at 1:18 pm
submitted by /u/EconHacker [link] [comments]
- Money Can Buy Stress, (or how FIRE is good for your teenagers)by /u/zaq1xsw2cde (Financial Independence / Retire Early) on March 17, 2024 at 12:20 pm
I am a father of two teen/pre-teen girls, and lately I have been looking at some parenting self-help books about raising these wonderfully challenging ladies. First aside, most books for Dads really suck, particularly for Dads who want a secular viewpoint on the topic. But if I have one recommendation thus far, it is Lisa Damour's Under Pressure. In reading it, I found this section titled "Money Can Buy Stress" and it made me think of this Reddit community. A few choice quotes from the section: [N]ew research suggests that kids actually feel less pressure when their parents elect to live more modestly than they can afford. We have long known that growing up in poverty causes unrelenting stress. but in the last decade, studies have clearly established that affluence may not always be as good for children and teenagers as one might think. In fact, psychologist Suniya Luthar and her colleagues have done an excellent job of documenting the elevated rates of emotional problems among young people with prosperous parents. This immediately made me think of cult classic The Millionaire Next Door, and some of the research and philosophy that book shares. Experts have noted that growing up in a context of abundance can create intense achievement pressures for children. Furthermore, research suggests that wealth can create physical and psychological distance between parents and children, as high-earning parents often work long hours and may turn the children's care over to nannies, tutors, or after-school programs. Not surprising, and I would guess this has gotten worse over the last few years. Untangled was published right before the pandemic. The rise in remote work and decline in separation of home and office adds a new dynamic to this. Lund and Dearing found that prosperity, in and of itself, posed no risk to healthy psychological development. The affluence of a family's neighborhood, however, did matter, and it mattered a lot. Remarkably, girls raised in the wealthiest neighborhoods were two to three times more likely to report symptoms of anxiety and depression than girls living in middle-income areas. In parallel, boys in the most upscale communities were two to three times more likely to get themselves into trouble than their peers living in middle-class neighborhoods. [...] These remarkable findings encourage us to consider two important issues. One is that the affluent adults living in middle-class communities were electing to put financial slack in their systems by living below their means. Their homes may have been smaller and less opulent than what they could afford, but they also had cash on hand to absorb large and unexpected expenses, such as needing a new roof. The book goes on to say families living at their means are going to feel the anxiety of unexpected expenses, like that roof replacement. Children in the "below your means" group are less stressed about their future, whereas affluent community children feel the pressure of maintaining the affluent community life, consider fewer careers and possible areas to make a living. There's an irony in the constraints created by having more than enough. My wife and I are pretty open with our kids about money. We shared the philosophy of we can afford anything, but we can't afford everything. My kids also know the PG version of F.U. money, and that Dad saves a lot of money to maybe retire early. They are aware of our budget, and that we plan big expenses (ironically, a roof and deck replacement are in our near future. Second aside, I've also taught them not to expect that buying a house will turn into a gold mine...) and help us plan vacations that we can afford. Anyway, what do you all think? I'd like to repeat my recommendation for this book. It focuses on mental health, but is a wonderful reference and read. I'm sure even parents of boys can find use in it. submitted by /u/zaq1xsw2cde [link] [comments]
- Daily FI discussion thread - Sunday, March 17, 2024by /u/AutoModerator (Financial Independence / Retire Early) on March 17, 2024 at 9:02 am
Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]
- Hit milestone of $1M net worth, questions on approach and feedbackby /u/Ok-Kaleidoscope7570 (Financial Independence / Retire Early) on March 16, 2024 at 8:27 pm
We just hit $1M Networth and it’s a huge milestone for us. I wanted to do a quick summary of our assets and liabilities, talk about some of the questions we have and gather feedback on our approach so far. Background: 39M, 36F, married, 2 kids, 6& 3. MCOL city in Midwest. I make $135k as of this year with what started as $75K 10 years back. The wife makes $155K. My 401K - $323K, ROTH IRA - $38K Wife 401K - $195K, ROTH IRA - $54K Brokerage - $42K HSA - $8000 529 Plans – Kid 1 - $33K, Kid 2 - $11k Cash HYSA & CDs - $60K House - $350K, Mortgage remaining - $98K We both max out our 401Ks & Backdoor Roths, $300 each kid for 529 per month, $200 per month on brokerage, 1% on ESPP. From a budget perspective, between daycare and aftercare for 2 kids, mortgages and being not so frugal (regular trips, eating out etc.) We spend around $12k per month after all savings contributions. I understand a major portion is the house worth and remove that we are only at 600K in retirement funds, but being immigrants and starting modestly, we are very happy at how far we have come so far. Recently, my work started Roth 401K option. Given the frequent posts on Roth vs Trad 401K benefits etc, I understand its case by case. Given majority of our retirement is in traditional 401k, I keep wondering if I should move (some?) contributions to Roth 401K instead of Traditional 401k. Let me know if there are any thoughts and feedback on our approaches so far. Thanks for reading! submitted by /u/Ok-Kaleidoscope7570 [link] [comments]
- For those retired, what was your Net Worth 20 years ago?by /u/startingFRESH2018 (Financial Independence / Retire Early) on March 16, 2024 at 10:36 am
20 Years Ago….NW? A lot of us are looking to the future with retirement questions but I’d love to know for people who have retired or who are on the brink of retirement, what did your financial life look like 20-25-30 years ago? I’m 37 now and no calculators that I’ve found take into account real estate or rental income. Money wise, when I’m 55 I “should” be able to retire with $3.2M in investments, but I have assets and wondering if I can actually retire earlier. submitted by /u/startingFRESH2018 [link] [comments]
- Daily FI discussion thread - Saturday, March 16, 2024by /u/AutoModerator (Financial Independence / Retire Early) on March 16, 2024 at 9:02 am
Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]
- Seeking your advice for forced retirementby /u/AcidicPizza (Financial Independence / Retire Early) on March 15, 2024 at 11:03 pm
Hi Folks, Tell it to me like you see it. After a long career in tech and a recent layoff, I have been unable to find a job. Many applications with instant rejections, interviews that went nowhere, networking that haven't yielded anything; all have me considering a career break. I don’t know if this will be permanent as I intend to keep on looking. But the market for tech is looking bleak. So I need to be prepared to either be ok with a break or start looking for other options. Maybe, (gasp!) a franchise operation. WWYD if you were in this scenario and how would you draw down your savings? Any investing advice? Here is my situation: Profile: Age: 53M healthy Wife: 49F healthy SAHM with negligible side hustle Children: 21F & 18M in college. 529, not included below, fully funds their education. Housing: less than $90K remaining on mortgage at 2.7% Cars: 2 Toyotas, fully paid off Healthcare: Planning on going on ACA from next month. Hope to be eligible for a credit. Expenses: MCOL location Mandatory/Fixed expenses-> $48K annually Includes Prop. Taxes + Auto & Home Insurance + Mortgage + Healthcare + Groceries + Utilities Variable Expenses -> $10K Includes surprise repairs. Unexpected bills. And a vacation. Savings: Total savings -> $1.82M Breakdown (Rounded so wont show total as above) Liquid Cash, brokerage and checking account -> total of $180K Rollover IRA and 401K -> $1.13M Combined (His and Her) Roth -> $440K HSA -> $58K submitted by /u/AcidicPizza [link] [comments]
- Advice on 2024 financesby /u/Tion_Flowern5411 (Financial Independence / Retire Early) on March 15, 2024 at 7:34 pm
So we have over 9 months worth of expenses saved. We can save about $4k a month We have a 529, Retirement through work (15%), started ROTH, and I have ETF and stocks going well. We have a baby on the way and I would like to buy some furniture. So ideally save /spend money on both. Let’s say under $5k Do we now stop saving for emergency savings and shift gears to break it up between maxing out ROTH, investments and saving for baby and home furniture? For example: $1k in Roth to max out each ($500 each) — $1k in investments — $1k for baby & furniture — $1k in savings? Or actually enjoy it lol submitted by /u/Tion_Flowern5411 [link] [comments]
- Is my retirement plan too simple?by /u/Sorry-Month5103 (Financial Independence / Retire Early) on March 15, 2024 at 4:25 pm
I am currently 37 years old and hope to retire in 18 years when I am 55. I have $101k in my 457(b) and I also have a pension through my employer. By the time I am 55, my pension would pay me about $3200/month (likely more since it is calculated based in part on your monthly pay and I will be getting raises during the next 18 years, plus some COLA thrown in). Also by the time I am 55, assuming a 7% return, my 457(b) balance (which I am maxing out each year) should be about $1.1m. That means my pension and 457(b) combined would provide me about $83,200/year, pre-tax. Based on my current spending and the fact that my house will be paid off by the time I reach 55, I am certain I could comfortably live on that amount. All that being said, I plan on only contributing to the pension (mandatory) and maxing out my 457(b) and calling it a day on the retirement contribution front. I have a Roth IRA that has a current balance of $65k to which I have stopped contributing. I figure that if I run out of 457(b) funds, it would likely not be anytime before 20 years into retirement, at which point my Roth IRA would be about $850k (again, assuming 7% rate of return). Using a 4% withdrawal rate, my Roth IRA and pension would give me about $72k/year, this time pre- and post-tax. Still not bad and likely enough for me to live quite comfortably. These projections seem reasonable to me and reassure me that I am okay with stopping the Roth IRA contributions for now, but I am wondering if I am missing anything or not being conservative enough. I'd appreciate any thoughts or suggestions. Other notes: I have $6k invested in an HSA which I can no longer contribute to but plan to let grow until retirement and I can also make Roth contributions to my 457(b). I have been toying around with the idea of going 50/50 on pre-tax/Roth contributions going forward. submitted by /u/Sorry-Month5103 [link] [comments]
- Daily FI discussion thread - Friday, March 15, 2024by /u/AutoModerator (Financial Independence / Retire Early) on March 15, 2024 at 9:02 am
Please use this thread to have discussions which you don't feel warrant a new post to the sub. While the Rules for posting questions on the basics of personal finance/investing topics are relaxed a little bit here, the rules against memes/spam/self-promotion/excessive rudeness/politics still apply! Have a look at the FAQ for this subreddit before posting to see if your question is frequently asked. Since this post does tend to get busy, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts. submitted by /u/AutoModerator [link] [comments]
- I’ve been tracking my NW since 2017. How am I doing?by /u/lookhereifyouredumb (Financial Independence / Retire Early) on March 15, 2024 at 5:22 am
https://imgur.com/a/wAiG8ZD I’m 38 years old and I had my longest and most fruitful full time job start in 2017. That’s when I really started saving. Let me know if you think my rate of growth is OK or if I should be doing better. I started saving much later than I would have liked. submitted by /u/lookhereifyouredumb [link] [comments]
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List of Freely available programming books - What is the single most influential book every Programmers should read
- Bjarne Stroustrup - The C++ Programming Language
- Brian W. Kernighan, Rob Pike - The Practice of Programming
- Donald Knuth - The Art of Computer Programming
- Ellen Ullman - Close to the Machine
- Ellis Horowitz - Fundamentals of Computer Algorithms
- Eric Raymond - The Art of Unix Programming
- Gerald M. Weinberg - The Psychology of Computer Programming
- James Gosling - The Java Programming Language
- Joel Spolsky - The Best Software Writing I
- Keith Curtis - After the Software Wars
- Richard M. Stallman - Free Software, Free Society
- Richard P. Gabriel - Patterns of Software
- Richard P. Gabriel - Innovation Happens Elsewhere
- Code Complete (2nd edition) by Steve McConnell
- The Pragmatic Programmer
- Structure and Interpretation of Computer Programs
- The C Programming Language by Kernighan and Ritchie
- Introduction to Algorithms by Cormen, Leiserson, Rivest & Stein
- Design Patterns by the Gang of Four
- Refactoring: Improving the Design of Existing Code
- The Mythical Man Month
- The Art of Computer Programming by Donald Knuth
- Compilers: Principles, Techniques and Tools by Alfred V. Aho, Ravi Sethi and Jeffrey D. Ullman
- Gödel, Escher, Bach by Douglas Hofstadter
- Clean Code: A Handbook of Agile Software Craftsmanship by Robert C. Martin
- Effective C++
- More Effective C++
- CODE by Charles Petzold
- Programming Pearls by Jon Bentley
- Working Effectively with Legacy Code by Michael C. Feathers
- Peopleware by Demarco and Lister
- Coders at Work by Peter Seibel
- Surely You're Joking, Mr. Feynman!
- Effective Java 2nd edition
- Patterns of Enterprise Application Architecture by Martin Fowler
- The Little Schemer
- The Seasoned Schemer
- Why's (Poignant) Guide to Ruby
- The Inmates Are Running The Asylum: Why High Tech Products Drive Us Crazy and How to Restore the Sanity
- The Art of Unix Programming
- Test-Driven Development: By Example by Kent Beck
- Practices of an Agile Developer
- Don't Make Me Think
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- Domain Driven Designs by Eric Evans
- The Design of Everyday Things by Donald Norman
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- Best Software Writing I by Joel Spolsky
- The Practice of Programming by Kernighan and Pike
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- Software Estimation: Demystifying the Black Art by Steve McConnel
- The Passionate Programmer (My Job Went To India) by Chad Fowler
- Hackers: Heroes of the Computer Revolution
- Algorithms + Data Structures = Programs
- Writing Solid Code
- JavaScript - The Good Parts
- Getting Real by 37 Signals
- Foundations of Programming by Karl Seguin
- Computer Graphics: Principles and Practice in C (2nd Edition)
- Thinking in Java by Bruce Eckel
- The Elements of Computing Systems
- Refactoring to Patterns by Joshua Kerievsky
- Modern Operating Systems by Andrew S. Tanenbaum
- The Annotated Turing
- Things That Make Us Smart by Donald Norman
- The Timeless Way of Building by Christopher Alexander
- The Deadline: A Novel About Project Management by Tom DeMarco
- The C++ Programming Language (3rd edition) by Stroustrup
- Patterns of Enterprise Application Architecture
- Computer Systems - A Programmer's Perspective
- Agile Principles, Patterns, and Practices in C# by Robert C. Martin
- Growing Object-Oriented Software, Guided by Tests
- Framework Design Guidelines by Brad Abrams
- Object Thinking by Dr. David West
- Advanced Programming in the UNIX Environment by W. Richard Stevens
- Hackers and Painters: Big Ideas from the Computer Age
- The Soul of a New Machine by Tracy Kidder
- CLR via C# by Jeffrey Richter
- The Timeless Way of Building by Christopher Alexander
- Design Patterns in C# by Steve Metsker
- Alice in Wonderland by Lewis Carol
- Zen and the Art of Motorcycle Maintenance by Robert M. Pirsig
- About Face - The Essentials of Interaction Design
- Here Comes Everybody: The Power of Organizing Without Organizations by Clay Shirky
- The Tao of Programming
- Computational Beauty of Nature
- Writing Solid Code by Steve Maguire
- Philip and Alex's Guide to Web Publishing
- Object-Oriented Analysis and Design with Applications by Grady Booch
- Effective Java by Joshua Bloch
- Computability by N. J. Cutland
- Masterminds of Programming
- The Tao Te Ching
- The Productive Programmer
- The Art of Deception by Kevin Mitnick
- The Career Programmer: Guerilla Tactics for an Imperfect World by Christopher Duncan
- Paradigms of Artificial Intelligence Programming: Case studies in Common Lisp
- Masters of Doom
- Pragmatic Unit Testing in C# with NUnit by Andy Hunt and Dave Thomas with Matt Hargett
- How To Solve It by George Polya
- The Alchemist by Paulo Coelho
- Smalltalk-80: The Language and its Implementation
- Writing Secure Code (2nd Edition) by Michael Howard
- Introduction to Functional Programming by Philip Wadler and Richard Bird
- No Bugs! by David Thielen
- Rework by Jason Freid and DHH
- JUnit in Action
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Top 1000 Canada Quiz and trivia: CANADA CITIZENSHIP TEST- HISTORY - GEOGRAPHY - GOVERNMENT- CULTURE - PEOPLE - LANGUAGES - TRAVEL - WILDLIFE - HOCKEY - TOURISM - SCENERIES - ARTS - DATA VISUALIZATION
Top 1000 Africa Quiz and trivia: HISTORY - GEOGRAPHY - WILDLIFE - CULTURE - PEOPLE - LANGUAGES - TRAVEL - TOURISM - SCENERIES - ARTS - DATA VISUALIZATION
Exploring the Pros and Cons of Visiting All Provinces and Territories in Canada.
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Health Health, a science-based community to discuss health news and the coronavirus (COVID-19) pandemic
- A Navy SEAL was convinced exposure to blasts damaged his brain, so he donated it to science to prove itby /u/nbcnews on March 18, 2024 at 1:16 pm
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- 'Living fossils' could inspire advancements in human healthby /u/Sariel007 on March 18, 2024 at 1:01 pm
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- "For people who are lazy like myself"—pill for exercise a step closerby /u/newsweek on March 18, 2024 at 10:39 am
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- The Truth About Longevity: It's Not Just About Genesby /u/HopefulTruck1 on March 17, 2024 at 9:45 pm
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- Tick-killing pill shows promising results in human trial | Should it pan out, the pill would be a new weapon against Lyme disease.by /u/chrisdh79 on March 17, 2024 at 8:11 pm
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Today I Learned (TIL) You learn something new every day; what did you learn today? Submit interesting and specific facts about something that you just found out here.
- TIL Japanese and Korean people refer to staplers as the "Hotchkiss" (ho-chi-ki-s[e]u) because staplers were first imported to the region in the early 20th century by the E.H. Hotchkiss Companyby /u/admiralturtleship on March 18, 2024 at 12:36 pm
submitted by /u/admiralturtleship [link] [comments]
- TIL that the UK ran a fake German radio station in WW2. The announcer of "Gustav Siegfried Eins" was "Der Chef", supposedly a patriotic traditional German officer who denounced corrupt Nazi officials. When "Der Chef" was killed by the Gestapo, the station accidentally broadcast his death twice.by /u/TMWNN on March 18, 2024 at 11:51 am
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- TIL that when Canada's Waterloo Lutheran University needed a new name in 1973, it renamed itself after Wilfrid Laurier. While the country's seventh prime minister had no connection with the school, the newly named Wilfrid Laurier University did not have to change its initials, WLU.by /u/TMWNN on March 18, 2024 at 11:30 am
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- TIL there is a yearly celebration of male genitalia in Greece, happening during the Greek orthodox carnival season.by /u/xpanta on March 18, 2024 at 11:24 am
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- TIL that the first 35 NASA space shuttle astronauts were nicknamed TFNG. The official meaning was "Thirty-Five New Guys", but the real meaning was "The Fucking New Guy", military slang for newcomers to a unit.by /u/TMWNN on March 18, 2024 at 11:19 am
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Reddit Science This community is a place to share and discuss new scientific research. Read about the latest advances in astronomy, biology, medicine, physics, social science, and more. Find and submit new publications and popular science coverage of current research.
- How Lightly Grazed Lands Can Lock Away Huge Sums of Carbon, Study Findsby /u/YaleE360 on March 18, 2024 at 12:47 pm
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- Using prime editing, scientists discover that genetic variations thought to be benign are actually pathogenic.by /u/molrose96 on March 18, 2024 at 11:55 am
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- Researchers have created a QR code that measures less than 2% of an inch and is invisible to the naked eye, to read it, you have to use an infrared camera. | The goal is to enhance optical security, deter forgeries, and improve infrared surveillance.by /u/chrisdh79 on March 18, 2024 at 10:53 am
submitted by /u/chrisdh79 [link] [comments]
- First sleep apnea drug reduces severity in 70% of trial cases | A nasal spray showed promise as a treatment for the most common sleep-related breathing disorder.by /u/chrisdh79 on March 18, 2024 at 10:28 am
submitted by /u/chrisdh79 [link] [comments]
- A new study did not find a significant link between patients’ expectations and their actual responses to psilocybin therapy in the treatment of depression. However, the study also indicates that individuals who are more suggestible might experience a greater benefit from psilocybin therapy.by /u/mvea on March 18, 2024 at 10:10 am
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Reddit Sports Sports News and Highlights from the NFL, NBA, NHL, MLB, MLS, and leagues around the world.
- Celebration as new Tasmania Devil logo, guernsey and colours revealedby /u/MemoriesofMcHale on March 18, 2024 at 1:44 pm
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- UConn men grab No. 1 overall seed in NCAA Tournament for first time in school historyby /u/ILovePublicLibraries on March 18, 2024 at 1:18 pm
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- Laura Kenny retires from cycling as Britain’s most successful female Olympic athlete with 5 goldsby /u/Oldtimer_2 on March 18, 2024 at 1:17 pm
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- Dodgers' Shohei Ohtani to start throwing, may play fieldby /u/Oldtimer_2 on March 18, 2024 at 1:12 pm
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- Sendele repeats, Landers named 16U boys OW at Air Force Special Warfare Folkstyle Nationalsby /u/Present-Party4402 on March 18, 2024 at 12:52 pm
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