/biz/ - Business & Finance

Fucking glad I skipped the whole college joke fest. The only benefit is that paper, which is only as good as soon as you land that first job. After that it lands buried with your other shit in a box never seen nor needed again till you move or die. You paid a shit load of money and landed deep in debt for a piece of 8x11 paper stuck in a shitty box... (Meanwhile, hey fork out $500, get a fake degree w/transcript and still get your foot in the job door or better yet just don't even bother). I didn't go, yet I'm able to retire in 11-12 years without much effort nor debt other than a house.

Drained my savings account (one of them) to buy stocks yesterday and today. Fuck it, I'll replace the money with either the 2nd round of 2400 bucks (unlikely, but who knows?) or with part of my 2020 tax refund (more likely) when it comes in next year. Meanwhile I'll just let the gains and divvies pile on up.

Buy order for my Apple went through. Maybe I'm slightly mad for almost fucking myself into being "broke" (Yeah right :) but SWTSX is my 2nd largest holding. If the whole market does good then I make green regardless of the underlying holdings performance unless its a drastic drop off.

I use SWTSX as my main growth/long term income play. It's also my 2nd largest holding. The top holding is C. The others all fall under
SWTSX. Cause fuck I'm not smart enough to beat the market so I don't try. That being said;thus far I've done pretty good. (up 80% v.s the S&P's 15%). The brokerage account itself is not/won't be my main post retirement income source either, I've got others.

Sold KDP while it was hot and now I await the epic drop. I'll re-buy next month to avoid the pesky wash sale rule. It's already paid out all this year's divvy to me so hey nothing to lose. Rolled the green from the sale into more GE during the last moment dippy and into SWTSX (2nd time today)

Not to brag but uh barring some crazy shit happening I think I'll be just fine in old age...
Age 60: $200,000 - 401k, Age 65: 200,000 - SWTSX, Age 49/50: Retirement Pension starts, plus my other stocks and cash in bank. No debt other than house. (I make shit and get by on under 30,000)

I sleep well at night. Hell you would to if you knew that you ain't got shit to worry about now or down the road when your retirement day hits or even further when your 65+. It's all about getting a plan in mind then sticking with it.

Reminder - His divvy is still nice and fat. That yield has now hit 7.70%! Buy Him now and be saved! Laugh your ass off when the rebound takes place. Gains and divvies both for the taking. It's hard to find a 0.52 x 4 divvy for under 28 per I think.

Got a buy order in for more SWTSX. Had some extra green so I's like why not you know. Hope today's red as hell so my dollar goes further. (Got to much green in savings right now so I had to do something with it anyway)

>>23360408
The Empire will be fine and dandy with that fat divvy bringing lots of joy 4 times a year till your an old man on his deathbed. Seriously, unless smartphones and the urge for faster internet speed just goes into the shat hole (yeah right) and once films/shows start rolling out again you ain't got nothing to worry about.

Kek, I keep around 90% of my money tied up in investments. Cause fuck man I'm a "poor" fuck so I need as much bang for my dollar as I can get. Also I'm married and while things are great now, who's to say after 20 years what the story will be. So I want her to think I'm "poor". She knows about my primary bank (paycheck and bills and stuff gets routed through it). The other stuff (brokerage and off the books account) she knows nothing with no paper trail leading to them. She's got her own bank account which is not linked to mine in any way so no way for the lawyers if it comes to it can claim combined marital assets if it comes time to split the green. (physical stuff is another mater but fuck who cares about that)

Well good news for me; looks like I'll have a 200 dollar surplus to use however soon. Buying spree time.. Hello more C,GE and SWTSX. Now to bring on the epic virus vengeance this winter to bag cheapies.

Fucking hell slow ass day. Redid my entertainment center a bit. A WDTV Live I had finally died. 8 years rolling and it quit.