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Lyon
Apr 17, 2003

Harry posted:

Don't do this, the fees will massacre you. Do it like once a year.

What he said. At $7 (or whatever a trade) that is almost 20% of your investment. If you just want to invest in mutual/index funds why don't you open up a Vanguard account, they don't charge fees on their own funds I believe and they have the lowest expense ratios?

Someone correct me if I'm wrong on that.

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Lyon
Apr 17, 2003

Knyteguy posted:

I get my first paycheck after 3 weeks with my new job tonight at midnight. Since I'm going from ~$20/mo in income (and only made $10k/yr before that) to $4,400/mo (net) in income, we're finally paying off a loving payday loan from January. We've been paying $100 every 2 weeks since then, for a total of $1,000 in interest on a $750 principal because our truck broke down at the wrong time. A new battery and alternator---which happened to both go out at the same loving time, just when I lost my $10k job with no unemployment, because I was a contractor---cost us >= $1,750.00. gently caress me that's 1/10th of our old yearly income.

Anyway I'm really glad we're finally paying it off, it's a huge financial burden to be getting rid of. From $0.61 in our bank account to $2,900 in our bank account overnight! (Wife's getting paid tomorrow, too). We can finally catch up on bills while still having a little left over for groceries, and gas, for once.

e: grammar

Just out of curiosity what did you go from to employment wise? Sounds like an interesting story in its own right.

Lyon
Apr 17, 2003

MJBuddy posted:

Around GMU. I completely get that it's a combination of numbers game and targeting home owners, of which there are thousands upon thousands around here, but out neighborhood is 100% rentals, so it's always weird/funny/annoying that we get as much as we do.

Maybe I'm confused but doesn't targeting people who are currently renting make sense for home builders? As in if I already own a home why would I be buying a second one (unless I'm rich) but if I'm renting I might be interested in buying a home?

Lyon
Apr 17, 2003
Just got a 31% raise! Really this just brings me up to where I should have been for the last two years but still pretty jazzed. Still waiting to hear on bonus amounts, this raise also will be back paid to April 1st I believe so it will be like a double bonus sort of.

Lyon
Apr 17, 2003
Around $185.

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