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BLS

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Posts posted by BLS

  3. Posted

    Bear with me for a minute. 

    2010 i started teaching carry permit classes.  I did it as a way to earn money to pay for my training and my guns and gear. 

     

    Back then,  Sandy Hook sent business ballistic.  I mean from 10-12 students in a good class to 45-50.  Overnight. 

    Lasted a couple months.  

    Then, every school shooting,  it's the same thing. I was killing it.  Then it dies. 

    It's been that way since I started it. 

    Now? School shootings don't even move the needle.  Not even a little.

    My business model has always been based on the idea that our society is in its infancy of demise. 

    The summer of love with George Floyd, well let's just say that was an awesome 2 years of covid and love.

    Are riots coming? 

    Are you f*cking stupid? Aren't you paying attention??

     

     

  6. Posted

    7 hours ago, Pimpadeaux said:

    Kyle Rittenhouse, 17, had no business dressing up like Rambo, carrying a rifle and putting himself in the middle of people who were there to commit violence and protest what he embodied. If jonmx wants a more accurate comparison to a girl asking for it because of what she's wearing, put in into a scantily clad outfit and have her attend a rapist convention.

    Yet a jury of his peers deemed his actions to be legal.

     

    So it appears you're wrong, Rustor McFuckstor.

    Again.

    I won't argue what he did was dumb.  Just plain stupid.

    If we locked up every stupid person in this country there wouldn't be many folks left.

  8. Posted

    On 2/19/2024 at 10:21 AM, Fnord said:

    Do you live in MN? I do, and I'm not seeing this abyss you speak of. Things are humming along nicely. If you're trying to tie this incident to DeFuNd THe PoPO, you're reaching far beyond your grasp.

    Well Hello fellow fucktard.

    I've lived in MN my whole life (53 years) and if you are ignoring the changes in our local society, you're retarded.

    • Like 1

  9. Posted

    Last I checked, we're worth roughly $670k total.

    We have about 450k in Investments, Roths, HSA, 401k, Brokerage accounts, etc.

    Another 220k-ish in home value.  

    Wife and I are dumping nearly 100k a year into retirement/investments.  We couldn't have done this without getting out of debt.

  10. Posted

    Pickens is an elite talent and will be a top 10WR next year.

    Jaylen Warren WILL be fantasy relavant.  He looks SO much more explosive than Harris.

    Pacheco is forever meh.  And I was a big fan last year until I realized, he's just a JAG that runs REAL hard and has good speed.  They'll burn him out before he gets a 2nd contract.

    Elliot will take Corey Dillon's role.  TD's in the teens.  Sorry Rhamondre fans (myself included, but you know BB is a d1ck when it comes to RBs).

    Theilen will catch 10 TDs or get hurt for the season by the 2nd game.

    Dalvin Cook was hired to hold Hall's jock.  He just doesn't know it yet.  They might save him (Cook) for the playoffs, too.  A fresh Cook would be devastating late in the year to opposing defenses.  Breece Hall is a special talent if he can stay on the field.  Folks, the JETS are loaded.  KC better watch out.

    Garrett Wilson will be the #1WR in next year's draft if Rodgers comes back.  Kid is very, very special.

    MN doesn't make the playoffs.  Packers win division, Lions come in 3rd.

    GET READY, CUZ IT GETS WEIRD FROM HERE:

    Justin Fields misses at least 1 game due to injury from running too dang much.  He's special in space, but can't take the hits.

    Jordan Addison ends up a top 10 WR in fantasy.

    David Montgomery rushes for 610 yards, has 37 catches for 360 yards and gets a minimum of 10 goal-line plunges this year.

    A. Richardson will end up basically as a huge bust overall in his career.  He's got that "stink" to him sometimes when you watch him play.

    J. Taylor has a bad ankle and will never be the same.

    D. Henry rushes for 1600/16 against father time and all logic.  He also sets a career record in catches.

     

  11. Posted

    My GUT says this guy is nothing but trouble in 23.

    My brain tells me dude wants to get paid.  Hence why he wasn't hurt last year (best I can recall anyway), and why he ran his bu++ off for the Raiders.

    My gut tells me he's clearly talented and can be a freaking bowling ball, when he wants to.

    My brain tells me the Raiders are gonna be a DUMPSTER fire considering their Head Coach's track record, Jimmy G in and Carr out, loss of Darren Waller and generally just being the Raiders.

  12. Posted

    31 minutes ago, iam90sbaby said:

    Build a time machine, go back to 2017 and listen to me when I said invest in crypto 

    I did.  I'm also going to consider continuing to dump say $500/mo into more Bitcoin and Ethereum but it won't be a primary investment and is more of a 'home run' investment.

    • Like 1

  13. Posted

    37 minutes ago, Horseman said:

    The best bang for your buck is the HSA because it's pre-tax, grows tax free and isn't taxed in retirement.   It's really the only investment vehicle where you never pay any kind of tax.  Do not use the HSA for paying medical bills.  Pay in cash and save the receipts.  With the receipts you can reimburse yourself at anytime, i.e in retirement after all that money has grown tax free for many years.

    You didn't mention a Roth IRA (not 401k).  If you don't have any other retirement accounts outside of employer (401k, Simple) you should be doing another $6,500 ($7,500 if over 50), a year into a regular Roth IRA.  If you exceed the income limits you can still do it via Backdoor Roth (contribute to IRA then simply convert it to a Roth IRA).  If both you and your wife can do it, that's another $13,000 per year ($15,000 if over 50).

    If you have existing IRAs outside of employer you likely don't want to do a Backdoor Roth because your tax liability upon conversion is calculated on the sum of all your IRAs.  But you can still do a regular IRA contribution with the same amounts described above.

    Those two are no brainers.  The next and biggest thing is asking/finding out if your employer has an After-tax 401K option.  There isn't any reason they can't offer them, most just don't or are unaware.  That way instead of investing your extra 25K (you can do up to 43K as explained below) into a brokerage account you could have your employer take it out of your paycheck after tax into After-tax 401K.  Then, simply do a conversion from After-Tax 401K into a regular Roth IRA like the backdoor explained above.  That's called a MegaBackdoor Roth (google it).  Total contribution to 401K is $66,000 ($73,500 if over 50).  So the breakdown is as follows per person if you both are working and have the investment vehicles available.

    $22,500 Roth 401K

    $43,500 ($66,000 minus $22,500 already contributed above) After Tax 401k rolled over into a Roth IRA (MegaBackdoor)

    $7,500 Roth IRA (Backdoored if needed)

    $7,750 HSA (note catchup for HSA doesn't start until age 55)

    TOTAL: $81,250/year ($88,750 if over 50)

    The best part is that you'll never pay capitol gains tax on any of it because it's all sheltered inside a Roth or HSA.  

    If you can get the After-tax 401k option from your employer but can't afford $43,500 a year you might consider selling your brokerage account to pay yourself while putting your paycheck through the After-tax into Roth.  Effectively moving your brokerage account under the Roth shelter.  

    Great info.  HSA is maxed.  Wife doesn't have one, so we can't do that.

    I can't do a standard Roth IRA anymore as my income is much too high for it, but the Megaback door Roth is on the options list.  Need to talk to employer about it.

  14. Posted

    1 minute ago, BufordT said:

    I'm not trying to be a jerk, but it looks like you guys are putting away more than enough money to live comfortably in retirement.  Live a little while you're young-ish.  Spend the extra money on vacations or a new hobby or whatever.  

    I don't think that's being a jerk.  It's a honest response.

    I would agree to an extent, however, the more I invest now, the earlier I can retire.

    So there's a double-edged sword here.  I can 'live' and enjoy myself a bit (something my wife says I need to do more often) or I can invest more and retire earlier.

     

  15. Posted

    Just now, avoiding injuries said:

    Do not pay off a 3.25% mortgage. Over time you should make significantly more, even without the tax break. 

    Agreed.  However, there is peace in knowing they can't take your home should something shitty happen.

  17. Posted

    1 minute ago, IGotWorms said:

    Acquire rental properties. Get a cash flow from that and then after 15-30 years when they’re paid off your sitting on substantial assets you own free and clear :thumbsup:

    1.  Thought about it.  First off, I know jack about rentals. 

    2.  I don't do debt.  So I'd have to save up to buy a rental.  

  19. Posted

    I have a sizeable amount of liquid cash each month.

    Our bills, including debt (House only) come to approx $4,500/mo.  That's everything.

    My wife and I max out our Roth 401k's.  I max out a Simple IRA, my HSA and we put another $25k annually into our brokerage.

    We owe $140k on our house that's got about 11 years on a 15 year note remaining.  3.25% rate.

    We have $13k in an emergency fund, and another 3k in a vacation fund.

     

    I know I'm gonna get a bunch of dumb replies here, but I'm hoping to get some good feedback on other ways to invest the remaining money.  Pay off the house or invest?

    I tend to find that if I don't have a "home" for excess money, it just tends to get spent one way or another.

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