Favorite team:Alabama 
Location:Huntsville, AL
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Number of Posts:672
Registered on:11/14/2005
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re: Building a House to Sell with a Partner - BamaAlum02
[quote] me and friend[/quote] I must assume you no longer want this person as a friend if you are going on this venture together. ...
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Health Savings Accounts (HSA) for ALL - BamaAlum02
[link=(https://www.paul.senate.gov/news/icymi-dr-rand-paul-introduces-health-savings-accounts-all-act)]HSAs for All[/link] Rand Paul introduced legislation that would expand eligibility for HSA's and remove contribution limits. Wasn't trying to get political but I thought this might be of inte...
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re: APPLE SPLITTING! What’s the play? - BamaAlum02
Surprised Tesla hasn't announced a split. If they got back to around $100 the Robinhooders would be all over it....
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re: Judging performance of a financial advisor - BamaAlum02
[quote]Started with them almost 4 yrs ago with $125,000. Fast forward to today and I'm up 26.6% (6.65% avg yearly) while paying them 1.2% yearly. The approach was always slow and steady, and consists of about 25 S&P 500 stocks that they manipulate monthly based on performance.[/quote] What is you...
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re: Allright Guys Post your updated Stinker that is Killing Your portfolio - BamaAlum02
HEXO - Marijuana stock that has absolutely tanked. Down about 80%. No reason to sell at this point. SIRI - Down about 10%. I guess with less driving people are cutting subscriptions. I'll ride it out and hopefully at least get back to even. Everything else is green....
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re: Volvo XC90 anyone have one? - BamaAlum02
Wife drove one and loved it but repairs and maintenance are very expensive. ...
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re: Accounting Majors -- Any experiences here? - BamaAlum02
[quote]I've seen the exact opposite. I know of several non big 4 firms that have gone to requiring a CPA to be offered shares, otherwise you're placed in a Principal or Managing Director role. At the very least, it's an edge even if you find a firm that doesn't require CPA sign-off for most of th...
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re: Accounting Majors -- Any experiences here? - BamaAlum02
[quote]Why do people still find accounting attractive? The pay sucks when you calculate it hourly. And the CPA is a PITA to get because you need 150 credit hours. OP, get a computer science degree. Less school, better pay, better hours. Accounting is for people who think they're smart but not ...
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re: Accounting Majors -- Any experiences here? - BamaAlum02
[quote]Consider other areas in the industry as you work toward your degree. Not everyone has to become a big 4 financial auditor or tax accountant with that degree. Take some IT/security courses, take an internal audit course if available. There are plenty of organizations out there that focus on sp...
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re: Accounting Majors -- Any experiences here? - BamaAlum02
[quote]I think this is probably highly dependent on location. There is a lot of money to be made in industry in certain cities/sectors. I think in tech in a city like SF/Seattle industry is making more than big 4 through like partner level, which obviously has a higher ceiling than almost anything i...
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re: Accounting Majors -- Any experiences here? - BamaAlum02
I'll give you a little background on me and then answer your questions. I got my undergrad in MIS and started as a computed programmer. Hated it and knew I had to change after 6 months. I had a late bday and was on the 5 year plan at UA so I didn't really start working until I was almost 24. Wor...
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re: For those who got PPP money, how close are you to running out? - BamaAlum02
[quote]I wouldn’t accept a 5% margin of error from my cpa....[/quote] You don't seem to understand that it is not an error. The calculation factors differ from the payback factors. [quote]Look if your intention was to take some of it as a loan, I get it that’s good. But that’s not how your fir...
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re: For those who got PPP money, how close are you to running out? - BamaAlum02
[quote]How are you this far off? I’m continually blown away by how many companies are not able to calculate this properly?[/quote] It has nothing to do with calculating properly or improperly. We are a CPA firm, we calculated over a hundred of these. I think we are good on how to come up with the...
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re: For those who got PPP money, how close are you to running out? - BamaAlum02
[quote]I believe it is only for an 8 week window, but that window can be used with 24 weeks. If you don't hit 60%, it all goes back.[/quote] It is written as using the full 24 weeks, not 8 weeks in the 24. Of course that could be changed as many other aspects of the PPP have. ...
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re: For those who got PPP money, how close are you to running out? - BamaAlum02
I think we are about 95% through ours. Would be giving about $100k back if they didn’t extend to 24 weeks. ...
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re: Has anybody else not received their IRS Tax Refund? - BamaAlum02
People who have a pass-through entity that is a cash basis filer. ...
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ETF question - BamaAlum02
I read an article that $TSLA was positioning itself to be included in the S&P 500. I believe they just needed to show a profit for Q2 2020 to qualify. My question is, once a company like Tesla enters this group how do the ETF's that track the S&P handle their stock? Do they immediately begin buyi...
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re: Bros supporting the protest, but the protest doesn’t support them. - BamaAlum02
Same guy throw both rocks? Good arm and aim, if so....
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re: Bama Basketball Offseason Megathread - BamaAlum02
I haven't had a chance to listen but Torres said he addresses Petty coming back at the end of the interview. What did he say? [link=(https://twitter.com/EliHershkovich/status/1266084263348310024)]Twitter Exchange[/link] [quote]Twitter commenter: Any sense of whether Petty comes back?[/quote] ...
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re: When’s the best time to start a Roth IRA? - BamaAlum02
See the Chinese proverb about planting a tree....
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