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56335433 No.56335433 [Reply] [Original]

are financial advisors a scam?
my gf and I only have about 25k for a home downpayment but our income makes up for it a lot (125k a year with +3-5% per year for at least 5 years). its like 6-10% of average home in our area. we both have 740+ scores and i know my best offers now would be 7.5-8% with pmi but im really tired of pissing rent money away for 6 years now.
we live in MN btw if that gives an idea of the housing market and prices.

>> No.56335442

>>56335433
How the fuck have you only saved 25k with 125k coming in?

>> No.56335450

>>56335442
its a year and a half of savings. i paid off my car and some student loans. itd be closer to like 35-40k. another 30-35% of the 125k is taxes and retirement contributions.

>> No.56335532

>>56335450
Well done and yes, financial advisors are a scam. Nobody and I mean NOBODY can predict the markets....except...politicians

>> No.56335636

>>56335433
4chan is the only adviser you need.

>> No.56335649
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56335649

>make sure you save at least 10% of every paycheck, it'll be worth a lot more when you retire!
>make sure you diversify your portfolio with short, medium and long term stocks!
>make sure you buy plenty of bonds even though they're a retarded boomer investment!
>never have more than 5% of your portfolio in Bitcoin!
This is the quality of information a financial advisor will offer you

>> No.56335658

>>56335649
ok genius what you have to offer

>> No.56335666
File: 578 KB, 656x770, 1696963730524547.png [View same] [iqdb] [saucenao] [google]
56335666

>>56335658
I can offer you this edit of pepe as an ogre

>> No.56335673

>>56335649
i have 9.25% into a defered comp 457b half roth half not, she has about the same. we both have to pay 5.5% into our aids pensions. i try to make it a goal to save another 10% minimum on top of that, and ive done nearly double that. also paying double payments on my private student loans and set up my fed loans for pslf since i doubt im leaving this govt job because the time off is otherworldly. (i have accumulated like 500 hours in two years and am sitting on 300rn). the income could be a bit higher but were both only like 2 years into actual careers.

>> No.56335697

And yet not a single person on 4chan can explain how to setup a trust to you. Really activates the almonds

>> No.56335937

>>56335697
Just google it retard.

>> No.56335954

>we have very little saved but our low income makes up for it a lot
What did OP mean by this?

>> No.56336018

>>56335666
hahaha I love this image. Can I save it?

>> No.56336095

>>56335954
lol

>> No.56337756

mizar.com
Might be able to help here

>> No.56337762

>>56335433
>we both have 740+ scores

GOOD GOYS! KEEP UP THE GOPD WORK!

>> No.56337770
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56337770

Is it really this easy

>> No.56337800

>>56335450
>driving a lambo

>> No.56337813

>>56335658
Never buy bonds, that single piece of advice alone beats all financial advisors

>> No.56338063

>>56337770
>golden ID
OOOOOoOOOOOOO?????

>> No.56338177 [DELETED] 
File: 255 KB, 910x800, 92730195803885202578.png [View same] [iqdb] [saucenao] [google]
56338177

Day 5 of posting about nyancatmoney.com 500 times a day until we are over $1 each. This is post 1624. The price has gone up 50% since the last time we posted. Holders have increased by 10.

p.s. we have a meme contest going on for the next two weeks, join the telegram or discord to enter and win.

>> No.56338261 [DELETED] 
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56338261

Day 5 of posting about nyancatmoney.com 500 times a day until we are over $1 each. This is post 1674. The price has gone up 50% since the last time we posted. Holders have increased by 10.

p.s. we have a meme contest going on for the next two weeks, join the telegram or discord to enter and win.

>> No.56338298
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56338298

>>56335649
And they never tell you to buy silver and gold. Why? Because if they did they wouldn't make any money off you. And when the market dips they exit first and you're left holding their bags.

>> No.56338328 [DELETED] 
File: 1.29 MB, 1024x1024, 84888531065842737647.png [View same] [iqdb] [saucenao] [google]
56338328

Day 5 of posting about nyancatmoney.com 500 times a day until we are over $1 each. This is post 1674. The price has gone up 50% since the last time we posted. Holders have increased by 10.

p.s. we have a meme contest going on for the next two weeks, join the telegram or discord to enter and win.

>> No.56338397

>>56335433
> really tired of pissing rent money away for 6 years now
So instead of pissing away rent money you'd rather piss away:
>House maintenance costs (everyone underestimates this one)
>7 - 8% in interest costs
>Property taxes
>Your time (everyone also underestimates this one)
Have you ever run the numbers on the true cost of owning a home and compared it to the "cost" of renting?

Have you ever measured the amount of time a home owner spends on repairing, fixing, and upgrading their own home?

>> No.56338422 [DELETED] 
File: 1.08 MB, 1105x1053, 29966229672120448863.png [View same] [iqdb] [saucenao] [google]
56338422

Day 5 of posting about nyancatmoney.com 500 times a day until we are over $1 each. This is post 1674. The price has gone up 50% since the last time we posted. Holders have increased by 10.

p.s. we have a meme contest going on for the next two weeks, join the telegram or discord to enter and win.

>> No.56338593

>>56338397
I'd rather be responsible for myself than relying on a landlord to fix all my problems

>> No.56340559

>>56338397
I already have fixed and done stuff in this apartment and honestly projects are fun usually. learning is fun and i have decent work ethic. maybe youre just a lazy spoiled cunt????

>> No.56340609

>>56338593
desu. i told my landlord the other tenants are being lazy assholes and piling the dumpster full of unbroken cardboard and left it wide open on a 90 degree day with trash piled 18 inches over the top. you could smell that shit from a hundred feet. i fixed the issue and mentioned it to the landlord and he ignored me. we have recylcing and people threw trash in it too. i hate living around entitled subhumans that dont think about the people who work in garbage disposal or even their neighbors. i know some companies that will charge you extra for over full bins and trash in recycling and vice versa. guess the skin color.