bytor9

Yes agree. Drunk driving is bad but bad driving is also bad. Driving in general is also kind of bad. Focusing on the DUI isn't really the solution.

Everyone complaining or saying leave but nobody talking about alternatives that solve some of the problems. Mastodon exists. Nostr exists. BlueSky kind of exists.

Is the implication here that folks would prefer for Intel to keep employees on the payroll for a loss, and make up for that loss by slashing dividends?

I think that would be criminally poor management of a company.

Maybe some econ gurus can school me.

+1 for this system. I do the same and it makes day-to-day spending guilt free and simple. A few times I have run #2 dry and had to eat beans for a few days, but I've gotten better.

25% US Large Cap

25% US Mid

25% US Small Cap

25% International

No bonds. Will reconsider at age 40.

Tax strategy - Traditional is more focused in Large and Mid. Small and Intl (higher expected returns) go in Roth.

I think you're okay either way but personally if I have an emergency fund and no higher interest debt, I'm paying that off for sure. Even if I lost a couple bucks, worth it for peace of mind.

Would be different if the debt was a mortgage at 3%, which many people do have right now.

Edit: One note for folks doing similar math, don't forget interest and yield on bonds are taxed as ordinary income (20~30% in the US).

This comment is the perfect balance of sarcasm and valid analogy

If it's just a card you like anyway and it's easy then great, but to spend time figuring out 2% vs 1% and meeting all the requirements, that's a damn small amount compared to increasing your income potential, learning skills, or getting various other life choices right.

I just think overall, personal finance folks spend too much time on these gimmicks vs maximizing their income or avoiding costs. Probably because it seems easy and you can do it from your couch.

Also, I shouldn't have said income. It's more like 1 or 2% of your credit card spend, which is hopefully a much smaller number (say $800 on a $100k income with $40k CC spend)

This is the way. And don't touch that savings account.

I feel the need to counter this comment and point out that while churning is a cool thing, it shouldn't be on anyone's list of ways to save or make money.

For all the planning, opening and managing new accounts, fulfilling requirements, and then jumping through hoops to take advantage of those rewards, you really have to be committed and give up some sanity and freedom for a pretty marginal gain at the end of the day.

I've done it before too but it really is sort of ridiculous to jump through hoops just to stretch your spending power by 1 or 2%, isn't it?

He shares all values except liking bitcoin itself. Which may be fair, after all shiny old gold still has longer track record. Older more conservarive crowd won't embrace before a few decades of history.