Married people with children? What are your annual expenses?
I was just calculating and found that I am spending around $140K annually! - my cars are fully paid, no monthly payment - mortgage and housing expenses is less than 5K NYC suburbs - my children don't even go to school - multiple pets: cats and dog I used to think having 250K income could make me ...Read more
Laid off this week. Should I retire or start interviewing?
Hi all, This is not a bragging post (nothing from me worth bragging). I am genuinely seeking advice from the wisdom of crowds, espeically people already or going to FIRE. Your perspective is highly appreciated. As you might have known, Visa laid off 2600 people this week and I am one of them. At t...Read more
100k in HYSA and planning on buying a house in 2 years. Keep in HYSA or still invest somewhere?
Feeling a bit of FOMO with a chunk of money in the bank account. Should I at least put it in VTI or something for better return? We have a plan to relocate to another state in the next year or two at which point we plan on purchasing a home for the first time. Curious how to go about this money from...Read more
Newgug6su863d
Anyone interested in Rippling stocks?
I would like to sell my Rippling stocks. Anyone interested please DM me. I know there platforms for this but I am not interested in those at the moment. #personalfinance #equity #rippling #stocks #startupequity #anthropic #apple #netflix
British national, on Green Card and have some savings. I am looking to buy my 1st home but don't know if that is a good idea. 1. I am new to the US. I want to understand if it is a good idea to buy a home in the US right now? Any reasons for why you think so? Is there a tax advantage? 2. What fact...Read more
I have the following questions - 1. Was having a CA or Financial Advisor or Investment advisor a good choice for you? Which one was useful for you? 2. Do you recommend having one or they are pretty much BSing and fearmongering most of the time? 3. Any tangible benefits you were able to get from t...Read more
Everyday is nonstop AI this AI that. Nobody cares about code quality or about developing skills. Everyday I talk to people in non-tech roles who are vibe coding apps and thinking it’s the easiest job ever. This changed from a career I was passionate about into something that brings joy on payday onl...Read more
IPO Case File #2: SPCX Is Not Facebook—Where the Comparison Breaks Down
SPCX closed Friday at $115.07 after recovering from an intraday low of $111.40. The stock’s post-IPO decline resembles Facebook’s difficult 2012 debut—but the businesses are fundamentally different. Facebook needed to solve mobile monetization. SpaceX must execute across Starlink, Starship, launch ...Read more
Long-Term Investor Journal
IPO Case File #2: SPCX Is Not Facebook—Where the Comparison Breaks Down
Is it a good idea? I expect it to hit 1T or 800b Market cap within 6 months. Just my analysis of the company and macro economy
UndisclosedJul 24
Has anyone used Abound by Times of India for remittances recently in the past Month or two?
This app was offering exciting rates so i initiated a transfer a month back but now the funds are stuck, transaction is processing for a month, no funds delivered and i am out of money They keep pushing date 3-5 days every time i reach out to support Anyone used this app in past month or two and h...Read more
Case File Update: Would a Tesla - SpaceX Merger Help SPCX Shareholders?
SPCX rose to $118.24 while Tesla plunged to $319.69 after earnings. Elon Musk kept merger speculation alive—but would a Tesla–SpaceX combination actually help SPCX shareholders? The answer depends on valuation, dilution, governance, and the exchange ratio—not simply strategic excitement. https://op...Read more
Long-Term Investor Journal
Case File Update: Would a Tesla–SpaceX Merger Help SPCX Shareholders?
SpaceX (SPCX) Could Its Early Trading Echo Facebook’s 2012 IPO?
SpaceX closed at $115.26 on nearly 92 million shares, almost 49% below its post-IPO high. Facebook also lost more than half its value after its 2012 IPO—but its recovery was earned through execution. What would SpaceX need to prove for that comparison to become meaningful? https://open.substack.com...Read more
Long-Term Investor Journal
IPO Case File #1: SpaceX (SPCX)—Could Its Early Trading Echo Facebook’s 2012 IPO?
Anybody work here? How’s the culture? How’s the compensation kept up the last couple of years? How’s the situation with offshoring? How are the benefits? Should I join here? I don’t see any 401k match and I see they removed $100 gym reimbursement… so are things getting worse? #tech #softwareengin...Read more
$1k tax penalty: Is there any tool that proactively monitors workplace benefits/taxes?
After discovering this year that I'd missed multiple workplace benefits for months (one for over a year), I want something that watches this stuff for me including employer's actual plan rules (MBDR, ESPP etc), ongoing tax optimization, and tells me before deadlines Not looking for net worth tracke...Read more
Can I retire with $100k NW and chill $60k TC job in Texas - Austin?
Assume no mortgage and house paid off Serious question. I made very poor money choices. And not sure how long these Tech Jobs remain. Yes see my username!
What are issues with retiring early - like early 50s
I make enough now with my auxiliary income - from investments so can retire. But what are drawbacks retiring that early? I know one is you are no longer employable in future as things constantly changing. What else?
I hit 1 million NW March 2025. I am now at 1.8 million NW. How's my trajectory? 33M
Honestly don't know how it grew by 800k in one year. Guess combination of stock, salary savings, and misaccounting last year. ETA 2 million NW by September. TC: 450k 33M
I actually convinced myself buying at $225 was a smart move. My logic was simple so I thought. Elon, Starship, AI, robots... how could this thing not keep going up? I thought it would go up at least a little bit and I could just sell. Now it's trading below the IPO price and every time I open my po...Read more
What did you do to: Avoid double tax Did you convert to IRA traditional or IRA Roth How do you continue to maintain you account in USA Can you trade in these accounts with a Canadian address?
Personal Finance
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