Investing General Discussion

Daidraco said:

If you arent going to handle it properly - For your own safety, just put it in a shredder. Some petty ass fucker can tell the IG on you and the next thing you know theyre knocking on your door. As for legitimately handling it? Just put the letters "ANK" (Attempted, Not Known) on the front of it and put it back in the mail. May get a few more pieces of mail from them or someone similar to them, or even the same letter might come back to you, but just keep repeating that process and it'll stop. I have to help my tenants with this crap all the time.

I personally dont give a shit. Ive been in my house long enough that if theyre still sending something to me then it obviously isnt that important.

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Captain Suave said:

An HSA is a great savings vehicle especially if you aren't using it for near term medical expense. You will undoubtedly increase your medical spend later in life, and in the event that you somehow don't you can withdraw HSA funds after age 65 and spend them for any purpose, without penalty (though you will pay income tax). It's basically a bonus IRA without income limits on contribution.

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Haus said:

Mortgage is just a hair over 3%

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Haus said:

OK, So it's once again time to bounce ideas off strangers on the internet...

I'm about to hit one of those windfalls you hit in sales (full disclosure, I'm a technical head paired with an account manager selling corporate IT stuff). I landed one of those "you made your number on this one deal this year" deals and commission check is hitting Thursday. It will be enough to do a few possible things (these are ones I've thought up so far...) :

• Completely pay off the remainder on my current mortgage. Straight up paid off. And since we carry no credit card debt in Chez Haus, and currently have no car payments this is an attractive option to the debt hating asshole I am thanks to my grandfather raising me. Mortgage is just a hair over 3% (in the %3.05 range)
• Drop a solid 20%+ down on land outside town to start building the "go here to live out my days" house on. (with enough left over to spend some money on starting development) I'm in my 50's and the endgame goal for me is living on 20-30 acres outside town with a big workshop, animals and growing whatever horticulture suits my fancy. (Already have a dozen growing peach saplings waiting for some land to call home) Starlink makes it so I could finish my career while living out there. Mortgage on it would be at market rates for someone with good credit, with an eye to refinance once the fed inevitably has to drop rates to zero to resuscitate the economy at some point in the not too distant future.
• Invest it in the market - Looking at a split between a S&P tracker/slight outperformer ETF, and HDV for dividend yields and stability, maybe sprinkle in some URNM as my long shot bet. (This would mean probably forestalling purchasing land until some time mid next year, which would be good if a housing/real estate correction happens, but horrible if it keeps going up)

If you had to choose one.. which? Or do you have a better idea?

I'm already sectioning off enough for some splurge "reward" spending on myself and Mrs. Haus (she wanted a new stove, and needs a new gaming rig, I need a new phone and a C-n-C), and probably a nice 4 day weekend somewhere away from town to unwind, so that's already worked into the plans....

So what say you internet weirdoes? Sure, I know it's not Foler watch money or anything, but it's close enough to 6 figures to make a lowly poor second generation in from the farm caveman like myself happy. heh

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Haus said:

OK, So it's once again time to bounce ideas off strangers on the internet...

I'm about to hit one of those windfalls you hit in sales (full disclosure, I'm a technical head paired with an account manager selling corporate IT stuff). I landed one of those "you made your number on this one deal this year" deals and commission check is hitting Thursday. It will be enough to do a few possible things (these are ones I've thought up so far...) :

• Completely pay off the remainder on my current mortgage. Straight up paid off. And since we carry no credit card debt in Chez Haus, and currently have no car payments this is an attractive option to the debt hating asshole I am thanks to my grandfather raising me. Mortgage is just a hair over 3% (in the %3.05 range)
• Drop a solid 20%+ down on land outside town to start building the "go here to live out my days" house on. (with enough left over to spend some money on starting development) I'm in my 50's and the endgame goal for me is living on 20-30 acres outside town with a big workshop, animals and growing whatever horticulture suits my fancy. (Already have a dozen growing peach saplings waiting for some land to call home) Starlink makes it so I could finish my career while living out there. Mortgage on it would be at market rates for someone with good credit, with an eye to refinance once the fed inevitably has to drop rates to zero to resuscitate the economy at some point in the not too distant future.
• Invest it in the market - Looking at a split between a S&P tracker/slight outperformer ETF, and HDV for dividend yields and stability, maybe sprinkle in some URNM as my long shot bet. (This would mean probably forestalling purchasing land until some time mid next year, which would be good if a housing/real estate correction happens, but horrible if it keeps going up)

If you had to choose one.. which? Or do you have a better idea?

I'm already sectioning off enough for some splurge "reward" spending on myself and Mrs. Haus (she wanted a new stove, and needs a new gaming rig, I need a new phone and a C-n-C), and probably a nice 4 day weekend somewhere away from town to unwind, so that's already worked into the plans....

So what say you internet weirdoes? Sure, I know it's not Foler watch money or anything, but it's close enough to 6 figures to make a lowly poor second generation in from the farm caveman like myself happy. heh

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Haus said:

I'm the same boat as many of you involving the house. it's 3% and I make more than 3% just dropping it on the SPY (as mentioned). It's "cheap money".

The investment path makes sense, but also I have the land goal. I have been eyeing ITOT as the target probably for broad market investment after reading up on it from it's mentions here.

Another thought that hit me. Since my target goal was buying land around the end of this year. Use this cash to do a form of "rebalancing" my mess of a portfolio. Use it to buy how I want things distributed now, then sell off older stuff I want to rebalance away from (i.e. outside short term gains for tax purposes) to fund the land purchase later this year.

Being Texan we have a genetic drive that makes us want to own land with a house with a large porch so we can sit out front, drink mint julieps, and talk in a Foghorn Leghorn accent about how nice it is to own land....


If you're working as the architect on the deals and they get closed IMHO you should get paid, especially if you're involved enough in the sales process that you have to be documenting opportunities (the part of my job I find least enjoyable). We have a tier of architects who operated above my technical sphere who are comped based on larger territory attainment, but they still get paid when deals close.


I do actually hold a bag of crypto, but I've gone into "long term bear hibernation" mode on it. I don't see a good reason to throw more money in that direction until I see the crypto market as a whole get notably closer to that next watershed moment, which IMHO will be when it gets real world application and usability past BTCs existence as a "digital store of wealth". I had high hopes during this last bull run that the breakthrough was going to happen, but it really didn't.

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