[TiểuHồLy]

 Hope you're doing well.

Looking to see Trump in office and stock is up to celebrate instead of sell off today.  

Finally got the 1st pension check, it's sweet that I no longer thinking of work.

I just cancelled my Chase Sapphire visa, let see how many pts would they drop on my credit score, will cancel another visa in 2 months. 

I just finished a 5 hours drive.... ...

I've been better. I need someone with a soft shoulder. I am currently dealing with the defendant's attorney, who loves to harass instead of seeking ways to counteroffers to solve the case. But I'm managing! Thanks, how are you? 

The current stock market is on a slow rollercoaster. Investors are nervous about the new administration's promises of sharp policy changes, like imposing tariffs on all countries and expanding the use of cryptocurrency. Will these policies be carried out, or will they be fanciful, as you observe? I also have my fingers crossed, hoping for bright things when Mr. Trump takes the White House. 

Congrats, and savor every moment of your extraordinary life. On the other hand, keeping your intellectual brain active in practice and engaging in challenging learning opportunities can enhance your cognitive performance instead of letting it sit until it gets dull. 

Why? Did you use all the benefits Chase offers? Last time, the FICO score had a negative 12 points on my credit. Regarding Chase, have you heard about the private client meetings where you can earn up to a $3k bonus?

[BrokeAssMillionaire]

 It doesn't matter it's your attorney or the other side, both of them communicate together to get money out of both parties.  Don't forget each question costs $250+. That's the reason they encourage you have more questions for other side.

Still holding my Tesla, looking for big win or nothing   This would be my last trade. So far is winning at my $280 average. Looking at $600 for double gain 

I cashed out $600 after spent 5k on chase. Hey, that's the way they play the game with everyone. I bought 5.4% CD for a year, however, they paid me 4k interest after 6 months and cancelled my CD because the interest drops, otherwise, I would get 8k interest in a year. Cancel visa online is easy, just send a message and the reason which I stated "I am mad because chase cancelled my CD that caused me losing another 4k" 

Regarding Chase, have you heard about the private client meetings where you can earn up to a $3k bonus? Umm, didn't pay much attention to this. It's probably for business and need at least $150k cash balance.

With $150k as a conservative with Money Market at 4.2%, you would earn $6300 annual + dividend or around $500 + dividend monthly. This is what I have at the moment with SPAXX. I am saving cash to get in big when stock crashes.

[TiểuHồLy]

 It doesn't matter it's your attorney or the other side, both of them communicate together to get money out of both parties.  Don't forget each question costs $250+. That's the reason they encourage you have more questions for other side.

Still holding my Tesla, looking for big win or nothing   This would be my last trade. So far is winning at my $280 average. Looking at $600 for double gain 

I cashed out $600 after spent 5k on chase. Hey, that's the way they play the game with everyone. I bought 5.4% CD for a year, however, they paid me 4k interest after 6 months and cancelled my CD because the interest drops, otherwise, I would get 8k interest in a year. Cancel visa online is easy, just send a message and the reason which I stated "I am mad because chase cancelled my CD that caused me losing another 4k" 

Regarding Chase, have you heard about the private client meetings where you can earn up to a $3k bonus? Umm, didn't pay much attention to this. It's probably for business and need at least $150k cash balance.

With $150k as a conservative with Money Market at 4.2%, you would earn $6300 annual + dividend or around $500 + dividend monthly. This is what I have at the moment with SPAXX. I am saving cash to get in big when stock crashes.

Yes, I agree. The attorneys often try to take advantage of their clients, but not in my case. For his client's sake of saving money, I told him to focus on resolving the matter and treating the parties with respect and dignity, or I would seek magistrate justice for an injunction prohibiting harassment. 

Yippee! I've seen you gaining some. Chart patterns were up and down last month but are still above indicator 350. Keep that stock if you monitor relevant news stories and recently fluctuated valuation ratios. AI is the primary of lucrative Telsa's price, eh? Side note: expected long-term return.

Yes, everyone is robbing each other, even the banks. It is estimated to be around 12% cash back; what a good deal! I didn't notice that Chase has a CD for 5.4%. Was it a "callable CD"? Do you know of any high CD interest rates nowadays? I have some CDs that will reach maturity pretty soon. No, I already opened a business and personal checking account with Chase. Perhaps a financial advisor is trying to make some bucks, as Chase's branch manager calls me sometimes to check if I need anything from the Bank.

It sounds great! Would you tell me more about SPAXX? Maybe you did, but I forgot. Sorry for my short-term memory.

[BrokeAssMillionaire]

Yeah Call Protected   found out the same thing happen to my friends as well. Goldman Sachs is better than JP Morgan.

Average CDs are around 4.25 - 4.35% at the moment, so the Money Market Funds would be 4%. There are many money market funds and SPAXX is one of the popular one.  It's always lower than CDs since it pays monthly that bases on whatever interest on that month. The reason I want to reserve the cash so I can jump in stock at anytime where I don't have to wait for maturity date. There are a few Money Market Funds that doesn't need to pay tax but the minimum requirement is 1 million  but the interest is lower like 3.5%. I did the estimate the no tax interest is really gain less so it's not good, assume tax is at 20%. I really can't figure out what the benefit with no tax, will have to look it again later.

To gain 3k with 150k balance account for one time offer may not benefit much unless there are other benefits. Since interest is high with Money Market Funds at the moment, 150k would gain better at 6k/year with 4% interest. When you have a lot of cash, they usually call to offer services   so the reality is they 're not nice but eager wants to get commission to manage your cash for you. There are two options that you can look at: 1) If you need cash anytime, then keep the cash in the bank. 2) Buy SPAXX to earn more, however; you need to set sell before stock market end then you can get cash out next day.

[TiểuHồLy]

Yeah Call Protected   found out the same thing happen to my friends as well. Goldman Sachs is better than JP Morgan.

Average CDs are around 4.25 - 4.35% at the moment, so the Money Market Funds would be 4%. There are many money market funds and SPAXX is one of the popular one.  It's always lower than CDs since it pays monthly that bases on whatever interest on that month. The reason I want to reserve the cash so I can jump in stock at anytime where I don't have to wait for maturity date. There are a few Money Market Funds that doesn't need to pay tax but the minimum requirement is 1 million  but the interest is lower like 3.5%. I did the estimate the no tax interest is really gain less so it's not good, assume tax is at 20%. I really can't figure out what the benefit with no tax, will have to look it again later.

To gain 3k with 150k balance account for one time offer may not benefit much unless there are other benefits. Since interest is high with Money Market Funds at the moment, 150k would gain better at 6k/year with 4% interest. When you have a lot of cash, they usually call to offer services   so the reality is they 're not nice but eager wants to get commission to manage your cash for you. There are two options that you can look at: 1) If you need cash anytime, then keep the cash in the bank. 2) Buy SPAXX to earn more, however; you need to set sell before stock market end then you can get cash out next day.

They deliberately "drag out" inactive cases to defeat other parties and pretend to prolong the legal process to maximize the fees-what an unethical tactic! Definitely! I observed that Goldman Sachs's CD rates are always higher than JP Chase's.

Yes, that's one reason I chose CDs over MMFs, as the interest rate is locked in that timeframe. Oh, I got it; SPAXX is a money market fund. Bro! In the 35% tax bracket, assuming no-tax interest at 3.5% and 4.5% with taxes for a balance of $1 million, the one with no-tax gains more money. Would you provide me with the names of the banks that offer money market fund interest at no-tax? I need to study them more. 

Thanks for your advice. I need cash for my business expenses at the moment. If I am not mistaken, SPAXX may not be suitable for my situation, as interest rates frequently change based on competitive and economic trends; the yield is lower than CDs. Do you know the compensation procedures between FDIC-insured and SIPC?  

Wishing you and your loved ones a delightful weekend.

[BrokeAssMillionaire]

Fidelity® Tax-Exempt Money Market Fund No Transaction Fee footnote1
I think this was the one I was trying to buy then realize the minimum requirement is 1 million. 

Most banks do have money market funds and mutual funds but the Con is you have to pay manage fee. The best is sign up for stock account so you can maintain yourself.

Don't forget the basic tax:
Short-term(less than a year) capital gains taxes range from 0% to 37%. Long-term(more than a year) capital gains taxes run from 0% to 20%.

Do you know the compensation procedures between FDIC-insured and SIPC?  Not much, just basic of $250k. You need to dig deep into it if you keep million in 1 place.

FDIC insurance: $250kSIPC insurance single, $500k join, and $250k IRA for each bank, so you need more than 1 bank   This is where want to invest cash if you have million more.

SIPC insurance: $500,000 in securities of which up to $250,000 can be cash balances. However, there are instances where investors are SIPC-insured for more than $500,000 depending on how the accounts, where they call separate capacities.
Traditional IRA and a Roth IRA, SIPC insures those separately and you will be insured for up to $1 million for the two accounts

When it comes to tax and these things, they're complicate where I don't know all. I only search for things that I need in my case.   However, I do read and research more than I want to know.

[TiểuHồLy]

Fidelity® Tax-Exempt Money Market Fund No Transaction Fee footnote1
I think this was the one I was trying to buy then realize the minimum requirement is 1 million. 

Most banks do have money market funds and mutual funds but the Con is you have to pay manage fee. The best is sign up for stock account so you can maintain yourself.

Don't forget the basic tax:
Short-term(less than a year) capital gains taxes range from 0% to 37%. Long-term(more than a year) capital gains taxes run from 0% to 20%.

Do you know the compensation procedures between FDIC-insured and SIPC?  Not much, just basic of $250k. You need to dig deep into it if you keep million in 1 place.

FDIC insurance: $250kSIPC insurance single, $500k join, and $250k IRA for each bank, so you need more than 1 bank   This is where want to invest cash if you have million more.

SIPC insurance: $500,000 in securities of which up to $250,000 can be cash balances. However, there are instances where investors are SIPC-insured for more than $500,000 depending on how the accounts, where they call separate capacities.
Traditional IRA and a Roth IRA, SIPC insures those separately and you will be insured for up to $1 million for the two accounts

When it comes to tax and these things, they're complicate where I don't know all. I only search for things that I need in my case.   However, I do read and research more than I want to know.

I appreciate it, bro.  
Before deciding, I'll study more to discover if there is any "under-the-table" management, all-in-one fees, etc. I have a stock account, and it is not pleasant to control it. Thanks for reminding me. I got a "jackpot" once and paid more than 25% in taxes then, but the "downhill" can deduct only $3k per tax year. 

Most notably, the US ranked 32nd out of 38 OECD countries in terms of taxation, and to preclude tax burden, we must think wisely before implementing investments. 

My concerns about the FDIC/SIPC insurance are now the unexplicit statements but general coverage. The bank's representative informed me that the FDIC insures up to $250k per CD, not per account holder, and encouraged me to open more than one account. I am not sure of the information. Hence, despite offering an excellent interest rate, I am still spreading only $200k to each bank. I vaguely recall one bank failure before the maturity date; the FDIC covered interest only until the bank closed. 

I considered purchasing wildfire-burned land in California and reconstructing condos or apartments for rent. Given a short distance to the beach, would paying over-average rent be worth it? What's your opinion?

@LoveStory08,
, sis. Are you the same one I've been chatting with in Xóm Chợ? If so, would you like to join our conversations? Thanks for your support, and please make yourself comfortable.

[LoveStory08]

I appreciate it, bro.  
Before deciding, I'll study more to discover if there is any "under-the-table" management, all-in-one fees, etc. I have a stock account, and it is not pleasant to control it. Thanks for reminding me. I got a "jackpot" once and paid more than 25% in taxes then, but the "downhill" can deduct only $3k per tax year. 

Most notably, the US ranked 32nd out of 38 OECD countries in terms of taxation, and to preclude tax burden, we must think wisely before implementing investments. 

My concerns about the FDIC/SIPC insurance are now the unexplicit statements but general coverage. The bank's representative informed me that the FDIC insures up to $250k per CD, not per account holder, and encouraged me to open more than one account. I am not sure of the information. Hence, despite offering an excellent interest rate, I am still spreading only $200k to each bank. I vaguely recall one bank failure before the maturity date; the FDIC covered interest only until the bank closed. 

I considered purchasing wildfire-burned land in California and reconstructing condos or apartments for rent. Given a short distance to the beach, would paying over-average rent be worth it? What's your opinion?

@LoveStory08,
, sis. Are you the same one I've been chatting with in Xóm Chợ? If so, would you like to join our conversations? Thanks for your support, and please make yourself comfortable.

What’s your other nick (s)?  Thx but I will just be a reader if you don’t mind.

[BrokeAssMillionaire]

For me, I am still trying to figure out what my tax is next year. I heard a lot of different answers from coworkers. One said 13%, other said more than that. I can see that my first paycheck got whop with 20% tax for Fed and State, no more SS tax. Will see what happen to my tax next year since it has been deduced 20% on paycheck. If it's 13%, I would get back some.

Absolutely correct with multiple accounts. For safety, you want to keep under $250k for each account. Let say you have 1 mil in stock account, you want to buy 4 different CDs with $250k each, then you get cover for each of them even in 1 stock account.

wildfire-burned? There are pro and con especially home insurance.
Pro: cheap to buy
Con: nobody wants to sell fire policy or the cost will be double for 5 years.

Let say a home owner claim fire damage 10%, 20%, or 50% to repair. After insurance paid for the damage, they can increase 50% cost to continue the fire policy for 5 years or they can terminate the policy as well. The chance to get a fire policy from other companies is low especially in California. There is a claim damage database somewhere that all the insurance companies can see the property has been claimed of the fire damage. So you can't hide 

What happen if the owner doesn't want to deal with the insurance policy so he/she decides to sell it. The new owner will face that fire policy cost double for 5 years. This would be in your case to buy the land then build something to rent out, your chance of nobody selling you a fire policy or expensive cost for fire policy for 5 years. This is risky to put out $500k cash to build up something that doesn't have insurance to cover. Even banks won't lend out money if they know that no one will sell fire policy in that area.

I believe you can call any insurance companies to ask them them first before you buy the land because you don't want to get stuck with no fire policy. They will tell you everything.

[TiểuHồLy]

What’s your other nick (s)?  Thx but I will just be a reader if you don’t mind.

zMộngTìnhSầuz is my nickname at Xóm Chợ. The nickname missed your picture and stated that I care more about your attitude than your outside look when you asked, "Do I need to repost it?" I hope this information will bring back some memories for you. Thanks again for being my companion when I returned to Xóm Chợ. Yes, dear. Anything you want is my pleasure.

[TiểuHồLy]

For me, I am still trying to figure out what my tax is next year. I heard a lot of different answers from coworkers. One said 13%, other said more than that. I can see that my first paycheck got whop with 20% tax for Fed and State, no more SS tax. Will see what happen to my tax next year since it has been deduced 20% on paycheck. If it's 13%, I would get back some.

Absolutely correct with multiple accounts. For safety, you want to keep under $250k for each account. Let say you have 1 mil in stock account, you want to buy 4 different CDs with $250k each, then you get cover for each of them even in 1 stock account.

wildfire-burned? There are pro and con especially home insurance.
Pro: cheap to buy
Con: nobody wants to sell fire policy or the cost will be double for 5 years.

Let say a home owner claim fire damage 10%, 20%, or 50% to repair. After insurance paid for the damage, they can increase 50% cost to continue the fire policy for 5 years or they can terminate the policy as well. The chance to get a fire policy from other companies is low especially in California. There is a claim damage database somewhere that all the insurance companies can see the property has been claimed of the fire damage. So you can't hide 

What happen if the owner doesn't want to deal with the insurance policy so he/she decides to sell it. The new owner will face that fire policy cost double for 5 years. This would be in your case to buy the land then build something to rent out, your chance of nobody selling you a fire policy or expensive cost for fire policy for 5 years. This is risky to put out $500k cash to build up something that doesn't have insurance to cover. Even banks won't lend out money if they know that no one will sell fire policy in that area.

I believe you can call any insurance companies to ask them them first before you buy the land because you don't want to get stuck with no fire policy. They will tell you everything.

Perhaps those are general answers from deductions, but to finalize your tax liability, you must subtract or add the sums of all derived or lost investment incomes, child support, alimony support, elder care costs, healthcare expenses, etc. Are you taking standard or itemized deductions?

I see. I'll take more time to learn before making any further decisions. For the sake of risk, I have locked $200k per bank.

There are many competitors on those wildfire-burned lands, and I don't think I could defeat them. 

Yes, indeed. The same is true of car insurance policyholders' histories, which are so apparent and conspicuous that they are easy to publish.

Any assistance from FEMA? My friend lived a few blocks from a recent wildfire. She said her neighbor paid around $3k/hour for the Fire Fighter Department to save his house. How wonder, they claimed lack of water. The media networks' controversy said Pacific Palisades' wildfire victims canceled their policies due to rising costs, even in areas prone to fires. I believe there were deliberate plans.

Thanks, brother!

[LoveStory08]

zMộngTìnhSầuz is my nickname at Xóm Chợ. The nickname missed your picture and stated that I care more about your attitude than your outside look when you asked, "Do I need to repost it?" I hope this information will bring back some memories for you. Thanks again for being my companion when I returned to Xóm Chợ. Yes, dear. Anything you want is my pleasure.

Ok.  Does anyone seems to care when u said you valued attitude over looks?

[TiểuHồLy]

Ok.  Does anyone seems to care when u said you valued attitude over looks?

Yes, most of them. 

[LoveStory08]

Yes, most of them. 

Good to hear.  

To be honest with you, looks and attitude goes in hand and hand.  People tend to treat the more ‘attractive’ people better therefore their outlook on life is much more positive.  How you feel about other reflects on your inner soul!

[TiểuHồLy]

Good to hear.  

To be honest with you, looks and attitude goes in hand and hand.  People tend to treat the more ‘attractive’ people better therefore their outlook on life is much more positive.  How you feel about other reflects on your inner soul!

Thank you, sissy. 

Perhaps the majority interact with the world nowadays, and I am naive about gossiping about your above-asserted issues, as I often go against the flow.  

From intuition and experience, I am conscious of people's inner souls, and an optimistic attitude always impacts me more than external surfaces.

Nighty night, sissy.