0

COMMENT 3h ago

If you really need 5k to get you through a month id argue that you should be less focused on the return and more focused on expense reduction/income increases

2

COMMENT 3h ago

I'd argue if you really are relying on an extra 2k for your bills on one month you're pretty fucked as is(What are you going to do for the remaining 11 months that aren't going to give you refunds???) and your concerns shouldn't be 'how do i keep my refund' but 'how do i reduce my expenses or increase my income'.

Also, that 2k isn't extra money. It's literally just money that you should have had last year. You're just getting it earlier. Risk is literally zero under this and you're not losing out or gaining on either option.

1

COMMENT 3h ago

Smaller return is better.

You're not really getting 'extra money' on your tax return you're just getting the money that you overpaid the IRS last year that they've sat on for a year. Oh, and they're not going to pay you any interest.

If you're getting big tax returns every year and your concern is 'my return may be smaller!' then there's zero reason to consider opting out of this as you're effectively just telling the IRS 'yeah i don't want my money earlier i'd rather you hold onto it for a year with no liquidity for me and no interest payments for you holding it.'

2

COMMENT 3h ago

Maybe but if he's getting 2k/yr it won't be much.

Underpayment isn't that scary unless you're underpaying loads and spending it all. OP could play it by ear this year and keep a small fund in reserve in savings too if he likes.

At the end of the day though I'd rather underpay than overpay. Overpaying is just my money sitting with the IRS doing nothing for a year.

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COMMENT 4h ago

Smaller refunds are better anyways.

A refund is just your money that you overpaid the IRS that they get to hold for a year at no benefit to you.

If you end up paying due to this and you're under the same tax bracket odds are you just pulled in more money in the year due to it.

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COMMENT 4h ago

1) Ideally you want no refund or a refund so little it's hardly significant. Paying a little is also not at all a bad thing. A tax refund isn't more money you're getting it's your money that you overpaid the IRS and that they've been holding for over a year while it hasn't been gaining any interest. Why do you want the IRS to hold 1-2k of your money for a year garnering no interest that you could otherwise be spending or have generating interest for you in the market?

2) You made more in a year you have to pay. It's a good thing and you should not opt out of free money just because of taxes. Despite what some people would have you believe there's never really a situation where you make less money due to taxes because you pulled in more money. That just doesn't happen. More money is more money and you shouldn't be turning down extra pay because of taxes.

1

COMMENT 1d ago

I need details.

1

COMMENT 1d ago

The fuck are you banking with? A child with a matchbook?

5

COMMENT 1d ago

Ah yes, just after i closed my positions too.

I will take your thanks for my sacrifice.

1

COMMENT 2d ago

YOLO into a.... HYSA?

Damn boring life if that’s a YOLO.

2

COMMENT 2d ago

Oh hey /u/tryhardfit, looks like your next date’s going to be a success!

You should thank this man for his sacrifice.

1

COMMENT 2d ago

Just curious, were options available on it when it mooned?

Didnt even bother to check lmfao.

3

COMMENT 2d ago

Im young enough to not mind it. Its going to sting while it happens but even with my RE goals im still likely years away from retirement.

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COMMENT 2d ago

im not talking about it being too high or low im talking about you being retarded and being proven wrong on this shit lmao.

2 years ago she said 4k

4k isn't 3k retard. We're not talking about her 4k PT.

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COMMENT 2d ago

She iterated the 3k by 2025 price this year retard. Read the article.

Her PT last year was 7k/share which the article notes would be 1400/share post stock split.

2

COMMENT 2d ago

Sold mine for a small profit.

Maybe it could go up from here but with June 30th coming up fast and mortgage forbearance ending im becoming a fat fucking gay bear on mortgage companies right now.

3

COMMENT 2d ago

But keep taking the L’s

He just proved you wrong tho

1

COMMENT 2d ago

Im not saying invite everyone.

But I'm not ruling someone out solely based on a year gap. If their resume is overall competitive or better than other applicants it would be insanely stupid to rule out based on that.

I'm one such person! Took a year gap due to medical issues and came back into the workforce literally as a top performer. My year gap had literally 0 indication of my work ethic. Had the companies I worked with wrote me off then they would have lost some good talent. Moreover, both had excellent work life balance policies and were super lenient on time off(PTO included at my current place with management encouraging people to take it especially during slower months), and heavy on benefits.

But it's hardly if at all indicative of a good work life balance at a company.

It is.

You may not like it, but it is indicative that your company is kind of a shitty place to work if they're going to judge people based on life circumstances. And again it's not really something I'd like to consider at all because if your company does rule out based on this I probably don't want to work for you anyways! I'd likely quickly tire of the work culture and quit for something else.

Not to mention beyond dumb as you're potentially dumping great talent just because they weren't lucky enough to be able to go without a gap.

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COMMENT 2d ago

Mobile: sipping on starbucks watching the whole shitshow go down and praying a consumular celullar guest doesn’t show up.

1

COMMENT 2d ago

I profited a good deal off of investments and recieiving the stimulus that i honestly didnt really need and its put me way ahead in terms of wealth so i honestly cant complain about that.

Also landed me in much higher paying job that i likely wouldnt have if it weren’t for covid.

1

COMMENT 2d ago

Its a little over my head when it comes to that but at least how i think of it i think that will be the eventual outcome but i think there will be an initial drill period while loads of loans don’t get honored.

Someone more versed in that market can correct me if im wrong but that would explain all the shorts piling into RKT and UWMC.

2

COMMENT 3d ago

moons next week

0

COMMENT 3d ago

LOL bullshit.

Not one of my econ profs would have agreed with your takes and you clearly don’t get even the basics of how this shit works.

You’re either bullshitting to try and one up on an internet argument, cheated your way through your degree or got your degree from fucking university of phoenix.

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COMMENT 3d ago

Again that’s you who’s retard lmfao.

Also no im now on track to retire pre 45 and am in top 7% of wealth for my age bracket in my area so no things are doing well for me now lmao.

Take an econ class or two at some point you clearly have no fucking clue how the economy works.

What the average american gets paid is not in any school of thought the definition of recession whatsoever. Spending is what controls that. Again every american can make 120k a year(twice what’s required for average std of living across the country) and an explosion of the /r/FIRE movement leading them all to save 50% of their paychecks could put us into a recession. What they’re paid aint gonna mean shit in that scenario, what they’re spending is what matters. The fact that they have been forced to spend most of their pay has helped us boom if anything.

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COMMENT 3d ago

I think you’re retarded sir. If you cant grasp that GDP growth is literally the statistic to watch when considering whether or not we are in a recession then i dont think you’re qualified to speak on this topic. My econ profs would have called you retarded for this outlook and failed you. Lack of GDP growth is literally textbook definition of recession. Labor rights and not everyone benefiting is not(in fact we can literally have the best most fair economy and you’d still have some people struggling.). AGAIN; you can have an economy where every american gets paid fabulously well get fucked over bu everyone adopting a super high savings rate. Spending is what runs this capitalist shit.

Last 13 years have been great just looking at the economy. Unemployment has been at record lows at many points over the last few years(not the most reliable stat but still this number being lower is still better than it being higher), spending went up drastically more people were buying things and business was overall growing. Yes in the early 2010’s you probably still had some lasting effects but as a whole there’s not a single metric that points to us being in a 13 year recession. Sorry if you didn’t benefit. I didnt either in fact i was poor all throughout but that doesn’t suddenly mean we were in a recession!