/biz/ - Business & Finance

Sigh the rest of the year will be boring as hell. Thank god. Hit my divvy and share count number target for the year. Emergency fund is on track to hit it's goal. "Shat Happens" things are almost all done. Really all's left is paying down my debt.

I'm bored. Can't resume bagging till 2nd half of the year. WTF am I supposed to do now? My loan and credit card payments are piss small. Uh my grocery bill for the month is more for christ sake. So the challenge is not there. My Emergency fund stuff's itself. My 401k grows fatter without any aid from me either. Really the only thing I've gotta do is put tires on the car but I got all rest of the year to do it. I mean yeah I like that things are calm and nothing is sucking my green but still.

Another day. Sleepy. First time in uh a long while I actually worked the whole day. Not used to it. Normally during the afternoon I take a nap.

So another day. July round the bend (kinda). Another 401k contribution hike on tap along with my pension going up. From 2020 to 2022 my 401k contribution's been hiked 150% (raises/promotion)
This one will be much more modest 5-10% hike. Due to congress jacking the RMD age uh my money will outlast me anyway so.

So another day. Another holding shakeup. Sold PARAA, SWPPX, and WBD. Why?. Profit and in the case of SWPPX not really needed due to duplication uh of my 401k in a nutshell. Why reinvent the wheel? Sides my 401k is substantially fatter and growing more by the month. But the divvy didn't go down any, far from it in fact (PARAA and SWPPX paid divvies). I made up that loss by bagging more VZ. Put WBD on my watch list; I'll bag again next month. What? Hey I like H.P,etc and the assets they got. PARRA, uh even with the divvy, the last film that they did I liked was Top Gun Maverick. They've fucked Startrek so fuck them.

I've got round 11,000 in debt due to "shat happens", credit card and a loan. Thing is though I'm not compromising nothing to pay it off. I'm not living like a hermit, selling my stocks, cutting back on my retirement stuffing, or draining my emergency fund. I'm paying it all off a bit at a time each month. Fact is my emergency fund is also growing each month to. Fuck compromising. Thankfully I'm getting a raise come July so that'd make things easier.

The sad part is due to "shat happens" and other things going on now in my life if for some reason my server's drives shat (all 6) I couldn't afford to replace them now. I mean yeah I could take the money outta my emergency fund or punt the cost onto my credit card (which would only drive up the balance more on it) but either option I'd be loath to do.

Ahem reason's I've bagged VZ and made it my 2nd largest holding after KO; The Divvy ($2.6 annually per share @ 7+% yield). It won't be cut. Unlike T they've got enough cash on the books to cover it and do everything else. Healthy, the company is not going anywhere. People will starve before they dump their "enslavement" device. Also streaming services, bill paying, and backup of devices all require internet. How else will you get your Amazon order? (Cause hell kids now don't got a clue what a check is nor how to even make one out). Actually T's divvy cut was a smoke job. In exchange for the "cut" you got warner shares (WBD) once the merger happened.

So I'm getting another 6% raise come july. Which is great. My pension will go up. But all that's doing is working towards restoring my salary to it's 2022 level. Prior to 2023 I didn't have my Wife on my company health plan so once I added her when January hit my salary took a "cut". Now finance wise this didn't hurt any. Spending,budget still very much covered even with the "cut". But still. Green go up not down and all that. Also I'd rather have her covered by the plan with it's benefits than you know something happen and "OMG look at that whammy doctor bill" when it hits the mailbox. Old health plan she was on was a joke. The deductible was obscene. Thank god it was never needed.

Another day. Another 6% raise. Gov signed the bill today. Raise comes this July. Another raise is on tap for 2024 to. (plus the income tax rate drops again in 2024).