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re: How much do you have in savings?
Posted on 2/12/19 at 4:03 pm to Four Leaf Tayback
Posted on 2/12/19 at 4:03 pm to Four Leaf Tayback
Waterproof huh? My FIL owns a couple hundred acres down Maxwell road, next to the levee.
0
Posted on 2/12/19 at 4:05 pm to arseinclarse
quote:
I've invested everything I have in td.com
What's the ticker symbol, PIIHB?
Posted on 2/12/19 at 4:06 pm to Green Chili Tiger
72k and change as of this AM.
Posted on 2/12/19 at 4:07 pm to Y.A. Tittle
quote:
What's the ticker symbol,
STTDB
Posted on 2/12/19 at 4:08 pm to Four Leaf Tayback
quote:
My brothers and I own right at 1k acres in Waterproof, La that was passed down to us.
quote:
I also purchased right at 300 acres near the LA/MS line on the Amite River that I own outright myself.
quote:Let us get real, amigo.
I’ve been blessed and have a great job but the reason I’ve been able to do this at a young age is because I'm a member of the lucky sperm club unlike a lot of people my age.
Posted on 2/12/19 at 4:15 pm to 777Tiger
quote:
777Tiger
chill out, its fixed now
i bet auto correct never changed a single word you ever posted huh.
This post was edited on 2/12/19 at 4:16 pm
Posted on 2/12/19 at 4:16 pm to keakar
quote:
the average person should have no less then enough to go out and buy a new car tomorrow fully paid for.
What a strange and arbitrary fricking number
When do you ever have to go out and buy a brand new car? If you said, "the average person should have enough to cover 6 months of bills/expenses" that would make sense, but your new car idea is pretty stupid
Posted on 2/12/19 at 4:16 pm to Green Chili Tiger
I have more cash in my house than in a savings account
Posted on 2/12/19 at 4:17 pm to yellowfin
Well thats dumb
Posted on 2/12/19 at 4:20 pm to Green Chili Tiger
Never more than 6,000. I have 1 401 k and one Roth. If something were to happen I can always take a loan from those.
Posted on 2/12/19 at 4:21 pm to Cosmo
Neither is much
Never could convince myself I needed a huge savings
Never could convince myself I needed a huge savings
Posted on 2/12/19 at 4:34 pm to Green Chili Tiger
I think your trying to determine what percentage of money do people keep in savings over their monthly bills.
I only keep about 1 1/2 in cash. Then there are layers of assets that run from easily liquidable to difficult to liquidate. I have mortgages for more than 1 property so I need to be able to get cash if something should happen to income.
I only keep about 1 1/2 in cash. Then there are layers of assets that run from easily liquidable to difficult to liquidate. I have mortgages for more than 1 property so I need to be able to get cash if something should happen to income.
Posted on 2/12/19 at 4:36 pm to TDsngumbo
Savings? Boy you can’t take it with you.
Posted on 2/12/19 at 4:46 pm to Green Chili Tiger
Lol “savings”? I got this here King Ranch F250 in the parking lot. Got lift tires and audio in it so that I can sell it if I ever get in a bind. That’s my savings AND I get to use it to roll coal up yalls butts on Ambassador Caffery until then. Lol
Posted on 2/12/19 at 4:50 pm to Green Chili Tiger
A year of living expenses. My wife doesn't work and I want a cushion if my job ever gets cut.
Posted on 2/12/19 at 5:14 pm to ThatMakesSense
I don’t know your financial situation but that sounds crazy. Hopefully all of your investments are maxed out at least. People don’t realize but with a Roth you can pull the principal investment at anytime with with no penalty or tax. I use this as my emergency fund and try to keep cash at a minimum.
Posted on 2/12/19 at 5:18 pm to Green Chili Tiger
About $325K not including retirement. My don’t go below is $100K.
Posted on 2/12/19 at 5:32 pm to NewIberiaHaircut
I’ve got way too much in checking accounts. It’s not smart at all, but it helps me sleep at night.
Posted on 2/12/19 at 5:32 pm to Green Chili Tiger
We have a lot in liquid savings right now. Wife stopped working so we wanted a comfortable buffer while we work out the kinks in the new budget. We'll slowly move it back to higher earning, less liquid accounts as we get comfortable, or if/when I get that special call for the baller promotion.
It's probably about 8 months of expenses I consider impossible or difficult to eliminate even in a tricky situation.
It's probably about 8 months of expenses I consider impossible or difficult to eliminate even in a tricky situation.
This post was edited on 2/12/19 at 5:35 pm
Posted on 2/12/19 at 5:55 pm to White Bear
quote:
I’ve been blessed and have a great job but the reason I’ve been able to do this at a young age is because I'm a member of the lucky sperm club unlike a lot of people my age.
quote:
Let us get real, amigo.
We weren’t poor growing up but we were nowhere near rich. Probably closer to poor. We lived in a not so nice trailer for a few years. My dad worked his dick off to buy and build his own home here in SELA and he purchased the 1k acres from my grandfather at a discount price in the early 90’s.
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