Bad With Money 2018: When I die, bury me in the blockchain.

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Bad With Money 2018: When I die, bury me in the blockchain.

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Sock The Great: Oct 1, 2006; It's Lonely At The Top. But It's Comforting To Look Down Upon Everyone At The Bottom; Grimey Drawer

https://www.reddit.com/r/personalfinance/comments/8yn1xs/two_graduate_students_getting_married_how_to_deal/

Personal Finance Subreddit posted:

So my fiance is currently going to a private school for his masters degree where I just recently got accepted to. We've been engaged but aren't in a rush to get married especially if it would be bad for us financially, taxes, fafsa, ect. I admit we need to research this part.

Here's the breakdown of debt: Me: 25k in credit card debt 30k in undergrad loans 900 dollars a month for bills including cc payments and undergrad loan payments + 65k for graduate school if I go

My fiance: 900 bucks credit card debt -15k undergrad loans 65k grad loans -1k a month in bills

I've always been very honest about my financial situation with him as we've been together 13 years, known each other 15. Both of us are 25 years old and he graduates next year with his masters.

So I'm actually hesitant on going to grad school because it would add that 65k to us. Would we still be ok if I went to graduate school? I'm currently bringing 24k/yr home after taxes from a desk job and am actively paying off my credit cards but if I went to school the course is so rigorous that no one there holds a part time job other than being a TA and my fiance is doing that this fall.

Rhetorically how do grad students barely meet in college, get married and deal with it? Ha.

I'm concerned because we'd both be in the same degree field more or less, video game devs. With the field itself I'm told you could end up job hunting/jumping a lot from one project to the next. Would this sustain us especially if one gets a job somewhere and the other doesn't?

This has all felt very stressful to think about the future. He wants me to succeed as an individual though insists we'll be alright together. Meanwhile my mother who has my best interest at heart, is concerned that if we split like 20 years down the road that if I don't go to graduate school I won't be able to hold myself comfortably even without the debt. My fault for getting a psych undergrad.

Should I triple my student loan debt so I can make vidja games with my fiance?

# ? Jul 13, 2018 20:51

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# ? May 14, 2024 00:23

Zamujasa: Oct 27, 2010; Bread Liar

Krispy Wafer posted:

Please tell me his username is a nod to someone famous or notable that he admires and not the real name of the man who just admitted to committing a boatload of tax fraud on the internet?

Also, the IRS gives rats a cut of their take right?

That person's account looks real legit:

# ? Jul 13, 2018 21:01

Droo: Jun 25, 2003

Whoever organized that crypto thing sounds like a genius. Get a bunch of idiots to send you their (untraceable) cryptocurrency, sell it, and loan them out money claiming off the record that it is a tax scam.

Collect as many idiots as possible for 1-2 years, then start suing them all for repayment of the loans while denying any knowledge of any crypto transfer.

# ? Jul 13, 2018 21:21

Fitzy Fitz: May 14, 2005

Sock The Great posted:

https://www.reddit.com/r/personalfinance/comments/8yn1xs/two_graduate_students_getting_married_how_to_deal/

Should I triple my student loan debt so I can make vidja games with my fiance?

You never, ever, ever pay for your entire graduate degree (unless you're rich or something). Universities fund grad positions, and if you're not being offered funding, you don't go.

# ? Jul 13, 2018 21:30

Barry: Aug 1, 2003; Hardened Criminal

Fitzy Fitz posted:

You never, ever, ever pay for your entire graduate degree (unless you're rich or something). Universities fund grad positions, and if you're not being offered funding, you don't go.

As if they're getting their vidja game graduate degree at a real University

# ? Jul 13, 2018 21:34

greazeball: Feb 4, 2003

Barry posted:

As if they're getting their vidja game graduate degree at a real University

Just wait til you see the research they're doing!

# ? Jul 13, 2018 21:36

Raldikuk: Apr 7, 2006; I'm bad with money and I want that meatball!

Hoodwinker posted:

Hnnnnnnggghhhh

The best part are his responses. When asked why he doesn't just pay the 200k on the apparently $1.3 million he sold....

quote:

I already pay 50% of the income from my day job to the government, which I feel is enough. Also, I wouldn't have done this if it wasn't completed by a CPA with a great deal of experience in this field.

Oh. I am sure the IRS will totally accept that "I felt I already paid enough" argument

# ? Jul 13, 2018 21:39

gvibes: Jan 18, 2010; Leading us to the promised land (i.e., one tournament win in five years)

I joined a facebook group for buying and selling wakeboard boats. There is some serious BWM there (even beyond the basic BWM associated with owning a boat). 15-20 year loans at 6% with only 10% down. For a boat.

# ? Jul 13, 2018 22:15

Zamujasa: Oct 27, 2010; Bread Liar

gvibes posted:

I joined a facebook group for buying and selling wakeboard boats. There is some serious BWM there (even beyond the basic BWM associated with owning a boat). 15-20 year loans at 6% with only 10% down. For a boat.

Which ends up underwater faster, the loan or the boat

# ? Jul 13, 2018 22:23

Vox Nihili: May 28, 2008

Raldikuk posted:

The best part are his responses. When asked why he doesn't just pay the 200k on the apparently $1.3 million he sold....

Oh. I am sure the IRS will totally accept that "I felt I already paid enough" argument

Praying for the IRS agents in charge of tracking down crypto fraud.

Please stay strong through the Trump admin cuts and land a few of these whales.

# ? Jul 13, 2018 22:24

Haifisch: Nov 13, 2010; Objection! I object! That was... objectionable!; Taco Defender

Raldikuk posted:

The best part are his responses.

No kidding.

crypto idiot posted:

I think people are either angry that they already paid these taxes, or angry that they don't have the crypto to sell. Before I posted I knew people would be making bad prison jokes, but I felt it was important to share the information.

They're not mocking me because I'm an idiot, they're mocking me because they're mad they didn't do what I did! :downs:

# ? Jul 13, 2018 22:24

Ixian: Oct 9, 2001; Many machines on Ix....new machines; Pillbug

If we're really lucky he'll actually make those claims to the IRS and get slapped with a frivolous argument charge on top of everything else and that is where the IRS really fucks you.

I mean, I don't love paying taxes either but that doesn't mean I don't appreciate a good bit of stupid when I see it.

# ? Jul 13, 2018 23:54

Methanar: Sep 26, 2013; by the sex ghost

With the impending global economic collapse looming, what should I be doing with my money?

I have 100k-ish cash floating around not doing much of anything and 20k in a good diverse spread of ETFs across a bunch of different industries. I'm a bit worried about next year's recession particularly in regards to my etfs and I feel like I probably should get that money out sooner rather than later.

In Canada.

# ? Jul 14, 2018 01:08

Ixian: Oct 9, 2001; Many machines on Ix....new machines; Pillbug

Methanar posted:

With the impending global economic collapse looming, what should I be doing with my money?

I have 100k-ish cash floating around not doing much of anything and 20k in a good diverse spread of ETFs across a bunch of different industries. I'm a bit worried about next year's recession particularly in regards to my etfs and I feel like I probably should get that money out sooner rather than later.

In Canada.

Double down on bitcoin.

Or, post in the right thread in this very subforum.

# ? Jul 14, 2018 01:11

Magissima: Apr 15, 2013; I'd like to introduce you to some of the most special of our rocks and minerals.; Soiled Meat

Haifisch posted:

No kidding.

They're not mocking me because I'm an idiot, they're mocking me because they're mad they didn't do what I did!

I like how "tax evasion is immoral" doesn't even occur to him as a potential reason people might be making GBS threads on him

# ? Jul 14, 2018 01:20

Weatherman: Jul 30, 2003; WARBLEKLONK

Methanar posted:

With the impending global economic collapse looming, what should I be doing with my money?

I have 100k-ish cash floating around not doing much of anything and 20k in a good diverse spread of ETFs across a bunch of different industries. I'm a bit worried about next year's recession particularly in regards to my etfs and I feel like I probably should get that money out sooner rather than later.

In Canada.

Source your quotes

-OR-

Learn to read thread titles, dumbass

# ? Jul 14, 2018 01:51

SpelledBackwards: Jan 7, 2001; I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

Weatherman posted:

Source your quotes

-OR-

Learn to read thread titles, dumbass

I think they picked the correct thread.

# ? Jul 14, 2018 03:30

StormDrain: May 22, 2003; Thirteen Letter

GoGoGadgetChris posted:

It is a BFC rite of passage to ask for advice on where to keep some money for either like 1 or 10 years that might be for a house down payment or potentially early retirement and ideally with high growth but available any time and without volatility

Would that be stock? Do i want to buy 401k? My parents have a Money Guy that I can work with, if that helps

This was my favorite post of the month.

# ? Jul 14, 2018 03:34

Devonaut: Jul 10, 2001; Devoted Astronaut

Please give me advice for my unique situation, it's exactly the same as everyone else but unlike the other morons out there, I would like a high rate of return on my investment.

Edit: also if someone does give me good advice I will ignore it and do what I was going to do anyway

Devonaut fucked around with this message at 04:16 on Jul 14, 2018

# ? Jul 14, 2018 03:57

Darkrenown: Jul 18, 2012; please give me anything to talk about besides the fact that democrats are allowing millions of americans to be evicted from their homes

Methanar posted:

With the impending global economic collapse looming, what should I be doing with my money?

I have 100k-ish cash floating around not doing much of anything and 20k in a good diverse spread of ETFs across a bunch of different industries. I'm a bit worried about next year's recession particularly in regards to my etfs and I feel like I probably should get that money out sooner rather than later.

In Canada.

Oh poo poo, the recession is starting next year? Like, Jan 1st, or if not, which month? Gotta sell all my stocks before it hits!

# ? Jul 14, 2018 10:47

Aagar: Mar 30, 2006; E/N Gestapo
I am talking to a mod right now about getting you probated/banned/gassed

Darkrenown posted:

Oh poo poo, the recession is starting next year? Like, Jan 1st, or if not, which month? Gotta sell all my stocks before it hits!

I live in Canada, and it's actually starting October 17 of this year. That's when Canada legalized weed. According to trusted (definitely not conservative think tank) sources, this will erode our moral fibre, and the explosion of new users will most likely tank our productivity.

Put everything in snack futures.

# ? Jul 14, 2018 12:43

Darkrenown: Jul 18, 2012; please give me anything to talk about besides the fact that democrats are allowing millions of americans to be evicted from their homes

Gonnna sell everything Oct 16th, re-buy when it hits the bottom! :10bux:

# ? Jul 14, 2018 14:19

Devonaut: Jul 10, 2001; Devoted Astronaut

Darkrenown posted:

Gonnna sell everything Oct 16th, re-buy when it hits the bottom!

Fool, you were supposed to "sell in May and go away"!

# ? Jul 14, 2018 14:37

last laugh: Feb 11, 2004; NOOOTHING!

I'm currently planning on retiring in 33 years and am worried the market won't return 12% a year every year until then -- what should I do?

# ? Jul 14, 2018 16:21

Hoodwinker: Nov 7, 2005

last laugh posted:

I'm currently planning on retiring in 33 years and am worried the market won't return 12% a year every year until then -- what should I do?

I'm currently saving $200 a year for retirement. What should I put my money in to make sure it's worth $20m in 35 years when it's time to retire???

Edit: what about bitcoin?

Hoodwinker fucked around with this message at 16:28 on Jul 14, 2018

# ? Jul 14, 2018 16:25

balancedbias: May 2, 2009; $$$$$$$$$

Hoodwinker posted:

I'm currently saving $200 a year for retirement. What should I put my money in to make sure it's worth $20m in 35 years when it's time to retire???

Edit: what about bitcoin?

With the magic of compound interest you only need a return of 34.824% annually to get there! So Bitcoin checks out. Be sure to buy on margin to magnify your gains or you might fall short.

# ? Jul 14, 2018 16:36

StormDrain: May 22, 2003; Thirteen Letter

balancedbias posted:

With the magic of compound interest you only need a return of 34.824% annually to get there! So Bitcoin checks out. Be sure to buy on margin to magnify your gains or you might fall short.

Just open a payday loan company.

# ? Jul 14, 2018 16:42

sparkmaster: Apr 1, 2010

But just think of the overhead, with having to hire kneecappers and all.

Professionally done physical intimidation/violence can't be cheap.

# ? Jul 14, 2018 16:45

Hoodwinker: Nov 7, 2005

I forgot to specify but the retirement money is for my ranch of 69 horses.

# ? Jul 14, 2018 16:50

mmkay: Oct 21, 2010

Hoodwinker posted:

I forgot to specify but the retirement money is for my ranch of 69 horses.

The horses should pitch in if they're supposed to be retiring in 35 years

# ? Jul 14, 2018 17:12

SpelledBackwards: Jan 7, 2001; I found this image on the Internet, perhaps you've heard of it? It's been around for a while I hear.

Hoodwinker posted:

I forgot to specify but the retirement money is for my ranch of 69 horses.

On 420 acres

# ? Jul 14, 2018 17:16

brugroffil: Nov 30, 2015

https://twitter.com/TheOnion/status/1018167024084832256

# ? Jul 14, 2018 17:32

Moneyball: Jul 11, 2005; It's a problem you think we need to explain ourselves.

How much for the after show?

# ? Jul 14, 2018 17:52

Midjack: Dec 24, 2007

Hoodwinker posted:

I'm currently saving $200 a year for retirement. What should I put my money in to make sure it's worth $20m in 35 years when it's time to retire???

Edit: what about bitcoin?

Time travel research.

# ? Jul 14, 2018 18:31

Cold on a Cob: Feb 6, 2006; i've seen so much, i'm going blind
and i'm brain dead virtually; College Slice

Methanar posted:

With the impending global economic collapse looming, what should I be doing with my money?

LOL if there is a global economic collapse then GWM is to invest in shotgun shells and shelf-stable food.

# ? Jul 14, 2018 18:55

Hoodwinker: Nov 7, 2005

Cold on a Cob posted:

LOL if there is a global economic collapse then GWM is to invest in shotgun shells and shelf-stable food.

Remember that canned food can become expired and inedible.

# ? Jul 14, 2018 19:10

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

Full circle. Beautiful, Hoodwinker

# ? Jul 14, 2018 19:20

Evil Robot: May 20, 2001; Universally hated.; Grimey Drawer

I ate a can of mixed vegetables today with an expiration date of 2012. Tasted fine. GWM?

# ? Jul 14, 2018 20:29

bob dobbs is dead: Oct 8, 2017; I love peeps; Nap Ghost

Aren't there multiple youtube channels predicated on eating decades old canned and preserved goods

# ? Jul 14, 2018 20:34

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# ? May 14, 2024 00:23

GoGoGadgetChris: Mar 18, 2010; i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

You could use the same claim to argue for eating Tide pods

# ? Jul 14, 2018 20:46

The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Bad With Money 2018: When I die, bury me in the blockchain.

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