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What about writing covered calls and collar trade. What about put insurance?

Lewis Kenneth Lewis Shirley Clark Anthony

918 Betty Walks

I have 22k and a em fund in VMFXX. Making around $95 a month and reinvesting. Its nice to see it go up monthly. I had issues with transferring to ALLY in the past. Robinhood gold costs monthly and we all remember what they did to investors years ago. Long term holding would be VTSAX.

Hmm .. But your RH gold give you almost the same return, isn't it? So, why brother you with this ETF that isn't optionable btw! Thanks!

9:09 why are we dividing the SPENDING by the takehome income to get SAVINGS rate? shouldn't it be savings divided by income? also if i have 38% investment rate + 27% savings rate, by your definition, do i technically have 65% total savings rate?

The issue is that, here in Europe generally speaking, not everybody has an income which can permit him to have a 50% saving rate especially with a family and kids. For instance I live a rather frugal life, I neither have a wife nor kids and I can save 30% of my salary which is not so rich

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I am at a 47% savings rate so far this year in early retirement. I am going to have a 69% savings rate by the end of the year. Even with this, I am traveling more than ever before.

Wow, I’m in exactly your position trying to figure out whether to move my cash to my Vanguard money market account from my Ally savings account and your video came up in my search. You answered all of my questions about the money market account. Thank you!

I would have to max out my 403b before any contributions went towards the 457b. Just the way my employer set it up.

Except when the market goes to hell and you lose your ass !

Hey Duke! Thinking of doing this, I hold VFIAX and want to convert to VOO, did you run into any issues with fractional shares of the mutual fund not being able to be converted? Would it be recommended to hold only whole shares of VFIAX before converting or is the process the same regardless?

Here's a scenario that I haven't seen covered: 457b allows for withdrawals before age 59.5 without the 10% penalty. When doing a Roth conversion with 457b funds, can I withhold the taxes from the 457b? I guess it's a no brainer to be able to pay the taxes with a 457 withdrawal, whether it's a withholding or a separate withdrawal, but maybe it's a bit more nuanced than I'm thinking?

You should not retire at 45 IMO. Doing so would be a disservice to you and everyone that invested in you to get you to this point. You are likely at the cusp of entering into the peak earnings, value contribution and work/lifestyle balance years of your career. Further, if your profession/trade/vocation, what have you, has positioned you to be able to retire at 45, you have an implied ethical obligation to pass your knowledge and experience onto the next generation so that they can realize the benefits you have and progress upon what you did. Don't retire at 45. Retire much better off around 55. My thoughts anyway.

Hi, I filled out the data for the CSP calculator but the bottom portion did not automatically calculate.? thank you

I think you can now auto invest with ETF. You can switch mutual to etf online on their website now as well.

Hello, on the tracker spread sheet, for example; if you sell a PUT option with 3 contracts and later But to close 1 of those 3 contracts, does that get entered on a separate line?

Thanks for explaining the weird price movements.

I will stick with JPST

Any reason to prefer SGOV over VMRXX if you're a Vanguard user?

Do you get a death step up in basis for both? Capital gains?

Well, it was just a scam to hawk books and seminars. Plus, IMO, it was just so culty, cingey, boring and unappealing. It's just not interesting.

Great frugal strategy for the trip! Love the pre-packed sardines and jerky idea! Nothing says frugal like cracking open a smelly can of sardines poolside at a four star resort! 😂 At a certain age in life, it really is time to tip the scale more toward living and less toward work/saving. I’d say that age is north of about 40 for most with families. The important thing to consider is that if you didn’t prioritize income and investing when you were younger, you won’t have much optionality for life balance in your 40s. Now that we’re FI, we continue to work by choice, reduce our savings rate and spend copiously on enjoyed experiences just like this for our family. 👍🏻

How to do it on a almost totally loss position? Due tomorrow 😢

Choosing the right partner, who is willing to share and enjoy frugal experiences, is extremely important. Glad that you made your dream come true and visited the place you wanted to see.

The future is NOW! This is so true Great tips, mate Going to Europe in november for the first time in over 7 years, and the first time with my family. Will Def apply your tips

thank you

I've been with Vanguard 30 yrs. No problems.

This only works for a small number of mutual funds.

Very nice, but what happened to the stats tab?

Fire takes a lot of sacrifice and discipline. I’m on my journey to fire and I live in a small RV to do it. Hopefully I’ll be done and chilling and traveling full-time and five years. Thank you for keeping me inspired these channels really appreciated 😊

He didn't really end this video! He left us wondering with that question, should I put all my money in this account?

If I’m in the lowest tax bracket and have it in for a year will I have taxes on my vmfxx when I take it out?

You can use the catch up on both the 401k & 457B at the same time.

My heart goes out to those that lost family and pets during that period.❤😢

I guess you mean that the original "weird" FI has been replaced by a "softer version". But to ask "Why don't we hear about it as much as we used to?" Are you kidding? You watch one youtube video and your feed instantly fills with crap from the endless horde of "content creators" and their slick monetized yammering. They attend Fincon's to swap their "side hustle" techniques and grow their "businesses" and "branding". That's all exploded since 2019, and it's not "FIRE" by any definition of the term.

Omfg. There’s millions of crappy videos on TH-cam about this and you just summed it up in like 15 seconds. Thank you for the perfect explanation!

I am about fully maxed out on what I can put in the 457. I always half my raise. Two more years and I can’t put anymore in.

VMFXX not as you said, VFMXX

Just got a subscribe and thumbs up from me! I also use Ally's savings account to save most of my money. I also just opened a Vanguard account using this settlement fund. I initially opened a Vanguard account to start putting money into Vanguard Growth ETF (VUG) but that's currently on a downswing (I'm not worried about it though since this is a long-term strategy) but I can;t help but want to keep my money in the settlement fund (VMFXX) seeing as how it's already growing, lol. Anyway, no question here, just talking out loud and open to discussion. I'll be sure to check out your other videos, perhaps you've made a video about VUG?

Thank you for this spreadsheet. I have been using a paid one that has so many bells and whistles including graphs and charts, that at the end of the day I find it too glitchy and complicated for my needs. Your's covers everything I do, including the wheel. I think it wil be exactly perfect for me. Thanks again.

Yall making this shit too easy

Open another account like Fidelity as a back up. You can always bail on vanguard if they start pissing off their clients.

Hi - I don't know if you are currently tracking the comments. I wanted to know if it would be possible to add Adjusted Cost Basis for stocks based on Covered Calls written against them. As you keep writing covered calls, your cost basis for the stock goes down. I have many stocks that I am writing covered calls against. It's very difficult to keep track over a long period of time. This would be an excellent option if possible. I expect that this would be difficult to implement, but was just wondering.

With only 23k, you can probably withdraw the very small amount from traditional ira tax free if are poor enough. I think you don't need to file for tax if 65 or older and make less than $14,000.

Has their complaints process improved any ?

You can withdraw from a 401k at 55 without a penalty if you’re retired at 55 … 591/2 if you’re still working

Nice vid. I have a vanguard account and like a $100 in my money market acct a couple years ago. Now its like $112 or something. Are you saying this Settlement act is automatically earning whatever percent your settlement is set to? I was wondering why that number was going up. Lol Also, since it is a settlement fund you can always withdraw it if needed yeah? Meaning its not like taking money out of your retirement acts. Thanks! Great vid.