Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He's been listening to too much Cathy Wood. That's a YOLO portfolio right there.
What’s that?
Not Cathy this is a Motley Fool rec list
Yep, spot on. DH follows Motley Fool.
Our equity won’t go down. Our area isn’t DC. May not go up as much as it has but it won’t drop. We have $200k left on our mortgage so this is very safe for us. We will never be underwater on our home.
Motley Fool? https://www.bogleheads.org/forum/viewtopic.php?t=66350 My condolences. They used to be helpful, but now they are just shills.
I don't think you understand equity. Your equity absolutely can go down. Sure, you have almost paid off your mortgage, so you are unlikely to be underwater, but your equity could absolutely drop and your net worth with it.
Sure you aren't in DC, but I can't think of many places where a $1.7M house is immune to recession. Remember once Detroit was Silicon Valley... https://www.politico.com/news/2020/12/18/silicon-valley-bay-area-business-model-448065 . Maybe you are on Hawaii? But island life gets way less attractive with high fuel costs making EVERYTHING outrageously expensive (for example).
Our area won't go down though.We are experiencing super high growth. It may not see the gains of this year but with a 200k mortgage on a house valued at 1.7 we are in a very good position with this. Also my decision to buy the house.
What area? Rapid growth recently has been in places dependent on WFH continuing
Austin (rollingwood)
Austin tops the lists of a lot of bubble lists, can sprawl on forever, and suffers from being under Texas governance.
It seems likely you bought a decade ago, and your $500k home is now worth $1.7M? I would not hang my hat on that equity, and make darn sure your DH doesn’t take a HELOC for more investing money.
I don’t think so. We are one mile from downtown
Zillow estimate is 1.9, 1.7 is conservative.
So you both suffer from Hubris. Who the F cares about downtown anymore?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He's been listening to too much Cathy Wood. That's a YOLO portfolio right there.
What’s that?
Not Cathy this is a Motley Fool rec list
Yep, spot on. DH follows Motley Fool.
Our equity won’t go down. Our area isn’t DC. May not go up as much as it has but it won’t drop. We have $200k left on our mortgage so this is very safe for us. We will never be underwater on our home.
Motley Fool? https://www.bogleheads.org/forum/viewtopic.php?t=66350 My condolences. They used to be helpful, but now they are just shills.
I don't think you understand equity. Your equity absolutely can go down. Sure, you have almost paid off your mortgage, so you are unlikely to be underwater, but your equity could absolutely drop and your net worth with it.
Sure you aren't in DC, but I can't think of many places where a $1.7M house is immune to recession. Remember once Detroit was Silicon Valley... https://www.politico.com/news/2020/12/18/silicon-valley-bay-area-business-model-448065 . Maybe you are on Hawaii? But island life gets way less attractive with high fuel costs making EVERYTHING outrageously expensive (for example).
Our area won't go down though.We are experiencing super high growth. It may not see the gains of this year but with a 200k mortgage on a house valued at 1.7 we are in a very good position with this. Also my decision to buy the house.
What area? Rapid growth recently has been in places dependent on WFH continuing
Austin (rollingwood)
Austin tops the lists of a lot of bubble lists, can sprawl on forever, and suffers from being under Texas governance.
It seems likely you bought a decade ago, and your $500k home is now worth $1.7M? I would not hang my hat on that equity, and make darn sure your DH doesn’t take a HELOC for more investing money.
I don’t think so. We are one mile from downtown
Zillow estimate is 1.9, 1.7 is conservative.
So you both suffer from Hubris. Who the F cares about downtown anymore?
Anonymous wrote:You've got to be an absolute bozo dumbass to be down 50% in individual tech stock picks.
AMZN down 4.36
NOW up 3.51
ZS up 6.7%
CSCO up 12.53
My main ETF QQQ up 2.92
Seriously what in the hell tech stocks are people invested in that they are down 50%??
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He's been listening to too much Cathy Wood. That's a YOLO portfolio right there.
What’s that?
Not Cathy this is a Motley Fool rec list
Yep, spot on. DH follows Motley Fool.
Our equity won’t go down. Our area isn’t DC. May not go up as much as it has but it won’t drop. We have $200k left on our mortgage so this is very safe for us. We will never be underwater on our home.
Motley Fool? https://www.bogleheads.org/forum/viewtopic.php?t=66350 My condolences. They used to be helpful, but now they are just shills.
I don't think you understand equity. Your equity absolutely can go down. Sure, you have almost paid off your mortgage, so you are unlikely to be underwater, but your equity could absolutely drop and your net worth with it.
Sure you aren't in DC, but I can't think of many places where a $1.7M house is immune to recession. Remember once Detroit was Silicon Valley... https://www.politico.com/news/2020/12/18/silicon-valley-bay-area-business-model-448065 . Maybe you are on Hawaii? But island life gets way less attractive with high fuel costs making EVERYTHING outrageously expensive (for example).
Our area won't go down though.We are experiencing super high growth. It may not see the gains of this year but with a 200k mortgage on a house valued at 1.7 we are in a very good position with this. Also my decision to buy the house.
What area? Rapid growth recently has been in places dependent on WFH continuing
Austin (rollingwood)
Austin tops the lists of a lot of bubble lists, can sprawl on forever, and suffers from being under Texas governance.
It seems likely you bought a decade ago, and your $500k home is now worth $1.7M? I would not hang my hat on that equity, and make darn sure your DH doesn’t take a HELOC for more investing money.
I don’t think so. We are one mile from downtown
Zillow estimate is 1.9, 1.7 is conservative.
Anonymous wrote:Anonymous wrote:Anonymous wrote:We need a financial adviser who is going to hold my husband accountable for this kind of thing. He thinks he can beat the market and he can’t. I’m so tired of feeling sick to my stomach about money because he is so risky with everything. We are in a good position to set up our family for financial security for the rest of our loved. I’m willing to pay a professional and lose a bit just to have security that we are growing our money not gambling our money. I’m so tired of fighting him over these things. He’s a mess with money. He can make money but he has no idea how to manage it. I’m angry how irrational he is.
How much money do you make? Is he a doctor?
No, works in tech management (depends, $350-550k). I make $125
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He's been listening to too much Cathy Wood. That's a YOLO portfolio right there.
What’s that?
Not Cathy this is a Motley Fool rec list
Yep, spot on. DH follows Motley Fool.
Our equity won’t go down. Our area isn’t DC. May not go up as much as it has but it won’t drop. We have $200k left on our mortgage so this is very safe for us. We will never be underwater on our home.
Motley Fool? https://www.bogleheads.org/forum/viewtopic.php?t=66350 My condolences. They used to be helpful, but now they are just shills.
I don't think you understand equity. Your equity absolutely can go down. Sure, you have almost paid off your mortgage, so you are unlikely to be underwater, but your equity could absolutely drop and your net worth with it.
Sure you aren't in DC, but I can't think of many places where a $1.7M house is immune to recession. Remember once Detroit was Silicon Valley... https://www.politico.com/news/2020/12/18/silicon-valley-bay-area-business-model-448065 . Maybe you are on Hawaii? But island life gets way less attractive with high fuel costs making EVERYTHING outrageously expensive (for example).
Our area won't go down though.We are experiencing super high growth. It may not see the gains of this year but with a 200k mortgage on a house valued at 1.7 we are in a very good position with this. Also my decision to buy the house.
What area? Rapid growth recently has been in places dependent on WFH continuing
Austin (rollingwood)
Austin tops the lists of a lot of bubble lists, can sprawl on forever, and suffers from being under Texas governance.
It seems likely you bought a decade ago, and your $500k home is now worth $1.7M? I would not hang my hat on that equity, and make darn sure your DH doesn’t take a HELOC for more investing money.
Anonymous wrote:Don’t your employers manage your 401Ks?
Anonymous wrote:What I want to know: how much Crypto he owns.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He's been listening to too much Cathy Wood. That's a YOLO portfolio right there.
What’s that?
Not Cathy this is a Motley Fool rec list
Yep, spot on. DH follows Motley Fool.
Our equity won’t go down. Our area isn’t DC. May not go up as much as it has but it won’t drop. We have $200k left on our mortgage so this is very safe for us. We will never be underwater on our home.
Motley Fool? https://www.bogleheads.org/forum/viewtopic.php?t=66350 My condolences. They used to be helpful, but now they are just shills.
I don't think you understand equity. Your equity absolutely can go down. Sure, you have almost paid off your mortgage, so you are unlikely to be underwater, but your equity could absolutely drop and your net worth with it.
Sure you aren't in DC, but I can't think of many places where a $1.7M house is immune to recession. Remember once Detroit was Silicon Valley... https://www.politico.com/news/2020/12/18/silicon-valley-bay-area-business-model-448065 . Maybe you are on Hawaii? But island life gets way less attractive with high fuel costs making EVERYTHING outrageously expensive (for example).
Our area won't go down though.We are experiencing super high growth. It may not see the gains of this year but with a 200k mortgage on a house valued at 1.7 we are in a very good position with this. Also my decision to buy the house.
What area? Rapid growth recently has been in places dependent on WFH continuing
Austin (rollingwood)
Anonymous wrote:This is my retirement account:
AMWL
YI
TDOC
TRUP
AMZN
LMND
NEE
ABNB
MASI
PGNY
FROG
FSLY
AXON
CRWD
PINS
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:He's been listening to too much Cathy Wood. That's a YOLO portfolio right there.
What’s that?
Not Cathy this is a Motley Fool rec list
Yep, spot on. DH follows Motley Fool.
Our equity won’t go down. Our area isn’t DC. May not go up as much as it has but it won’t drop. We have $200k left on our mortgage so this is very safe for us. We will never be underwater on our home.