Posted this in another thread and I'm going to leave it here. I'll check back in tomorrow when I have more time to waste on this stupid website.
One thing is absolutely clear to me from the close results - Trump could have easily won the re-election if he could have found it in him to act like a responsible adult in a leadership position back in February / March.
Yep, exactly. Trump own-goaled himself into this defeat.
The faintest of silver linings to all the unnecessary death.
And RSM - I was debating whether I should point this out here, but you're still going hard with "the cure is worse than the disease!" bullshit on the other thread. So yeah life should be getting back to normal in spring more or less, except for those who will already be dead or dealing with long-term problems and their friends and families.
As of two years ago, you were a roughly 37 year old individual, married, with no kids, with a net worth of more than $640,000. Your income was $146,000 in 2014 with $66,000 in expenses. You have been able to pay off your mortgage within several years after moving. Since last paying off your mortgage, I believe you and/or your spouse are semi-retired.
By now you probably have close to a $1M net worth with no mortgage (unless you moved again). I also don't believe you have kids, although I could be wrong.
Forgive me for thinking that you might not be in the best position to grasp the significant tradeoffs that lockdowns, school closures, and other government measures had on wide swaths of the population. Quite frankly, you were tailor-made to endure it. Those of us with kids? Much harder.
I live in a county where the average household income is 1/4 of what your household salary was. The local city school reported that 79% of students did not log in for a single remote learning session when schools closed in March. The local Chamber of Commerce projects that roughly 60% of local restaurants will close. I work in City Government and have been dealing with COVID employment issues left and right and passing out food every Wednesday to people who lost their jobs and have NOTHING.
Suicides, overdoses, homicides, and domestic violence are all up 100% in my county.
As someone who has voted Democrat in three of the past four presidential elections, I'm just going to be blunt and say it -- you are the classic elitist liberal that pays lip service to the middle class but doesn't give a flying fuck about what the real middle class goes through on a daily basis.
The major budgetary transition is settling down, so February NW Update:
Assets | | | |
Current Assets | | | |
Checking | 13000 | | |
Emergency Fund | 20000 | | |
Dan Taxes | 4100 | | |
Change | 200 | | |
Total Current | 37300 | | |
| | | |
Long Term | | | |
House | 125000 | (at Cost) | |
HSA | 2200 | | |
BH-StateRetirement | 33400 | | |
BH-457 | 92300 | | |
BH-Roth-AmericanFunds | 26500 | | |
BH-Roth-Vanguard | 8000 | | |
BH-Traditional-Vanguard | 10600 | | |
JA-Roth-Vanguard | 40200 | | |
JA-Traditional-Vanguard | 57300 | | |
JA-Traditional-SoloK | 229400 | | |
JA-Roth-SoloK | 18100 | | |
Total Retirement | 518000 | | |
Total Long Term | 643000 | | |
Total Assets | 680300 | | |
| | | |
Liabilities | | | |
CC Balance | 9200 | | |
Car | 23700 | | |
Estimated Taxes - Not Paid Yet | 4100 | | |
Total Liabilities | 37000 | | |
| | | |
Net Worth | 643300 | | |
Networth is down $12,700 since November. Mr. Market + adding some during this transition time (mostly Mr. Market) has offset spending way too much on a car and financing it (note the liability section - it is 0% at least). 'Stache is $518K now, up nearly $20K since November in spite of my best efforts to screw everything up financially in the last 3 months or so. New CC balance item is simply timing things - all CC's on autopay so there shouldn't be any interest paid on that. I expect that to be lower in future months as well, as our 2017-18 donation to our church is still working its way through.
I've been fucking up the money left and right, to include an ill advised trip to a casino recently (are trips to casino's ever not ill-advised?). If I can lock all that down, we'll just keep on keeping on. Everything that can be easily automated is automated at this time. Hopefully a new job will come through in the near-ish term - that might help with depression which seems to lead me astray in many other areas. Kind of crazy how we've got the foundation solid enough that we're still going up in spite of the excess spending. Guess doing pretty good for 2013-2016 or so is paying benefits.
Decided to pay off the house today. Today because it was exactly 3 years after closing on current house, and we only needed $2850 to do it. Also am stacking up money currently until we're more certain of what post-wife-quits job life looks like. That's the idea anyway. I do need to get another $14K into my soloK before year end, then a bunch more by next April, so we'll see where we're at in December.
Last time we were in a paid off house, we wound up deciding to move within 3 months of paying it off, and the deal was done within 6, along with another $50K mortgage. Hopefully I can wait a little longer this time before getting the itch to move. Smack in the middle of town now, so location isn't an issue the way it was in 2014.