whodatigahbait

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Luis drives his arm back and straightens his front arm too much, in my opinion. He puts plenty behind it, but restricts his bat to stay in the zone. The motion looks long.

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None of that matters when swing at a ball two feet off the plate

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Well that’s not true

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For college baseball it is.

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Let's say I have 200,000 shares of XYZ. I paid 1 dollar a share so $200,000.
If the stock now is at .50 cents a share, and I do a ROTH conversion, with 200,000 shares now worth $100,000, buy back the 100,000 shares at $100,000. When the stock appreciates in value again, it would all be tax free.
Is this thinking correct?
Is this a good strategy? Taxes would be paid from a cash account.
What am I missing or what other things should I consider?

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Are you selling the shares at some point prior to or right after the roth conversion?

Not sure how it works with a ROTH but there are wash sale rules in place to prevetn these types of trades.

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Are you sure he doesn't live in Pineville, LA

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Rose pine. Missed a golden opportunity

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Cash Flow: $723/mo


3. Probably remodeling current home bathroom (~$20k) and buying a new vehicle (~$35k) in the next year. Do not have cash on hand for this and would need to finance at market rates.

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Given your mortgage rate and cash flow if your goal is to build long term wealth, I'd keep it and use the cash flow to offset those two purchases.

Once those are paid, you will continue to build wealth.

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The name and everything in that tweet feels like a massive troll account.

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He’s a wannabe poor mans 3 year letterman

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Genuine question, are you against high fence altogether or just the genetically freaky deer breeding programs?

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High fenced on an 18,000 acre property in my mind is a little different due the to size.

What I hate about Texas high fenced hunting is the electronic feeders so the deer are virtually programmed to show up.

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Our income ranged from 150-200k from our mid 20s to mid 30s so it’s been 10 years. We always saved and invested aggressively in the range of 20-40% to our 401ks. Before we had kids I was putting 30% in my 401k with a 10% company match

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No you weren't, this math doesn't add up.

30% of $150k = $45k, 10 years ago max personal contribution into a 401K was was $18,000 per person.

Just stop lying.

ETFs have made MSTR irrelevant.

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I’m not dragging it, but would you not be concerned about the longevity of a career like that. It seems regular people have less and less need for these types of services for a multitude of reasons. The only “financial advisor” role I’d be comfortable with is to the truly wealthy who will always need these types of services, but that shite is comparative, a grind, and way less of a service to others feeling.

Just my two cents

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Not at all

1) see my comment about average age of advisor, I understand your point about needing less advisors but the population is shrinking naturally
2) people need financial advice, not just the very wealthy, I think this board leans heavy anit-FA because of "just buy index funds"; however, I think that takes for granted that most people don't even understand that. If you are on a money talk board you probably don't need an FA but again most people aren't/

Lastly, a financial advisor is much more than just an investments, it's taxes, planning, lending relationships etc.

And full disclosure I'm not an FA - I work in IB/Corporate Finance but still see the need for them and based on OP it might makes sense for his son.