On Tim Cook’s last day at Apple, I thought I would post my daughter’s investment which matches almost to the month and day when Cook took over from Steve Jobs. I don’t remember why I bought the stock for her back when my daughter (28F) was a teenager, but fifteen year’s later, it’s still one of the largest holdings in her $1 million portfolio—Look at all those 10X returns!. Thanks Tim!

Most of my wealth, about 60k is in a brokerage account invested mostly in VOO and some tech stocks. I have maybe 35k in retirement assets currently in a roth ira and a 401k. I was wondering, should I be contributing this much to my brokerage, or put more into retirement instead or just start spending it instead?

I’m on the higher end of earning at 25 years old with an income of about 100k per year. I’m dumping about 15k a year into my brokerage account and plan on doing so into my early 30s with the thought that it’ll shield me from financial worry along with my strict spending limits. The thing is, many of my friends with a simar salary are instead buying fun cars, going out every day, going on vacation etc.

For those who ended up storing a ton of money in stocks, and can pull from it relatively easily while it still grows, was it worth the sacrifices you made when you were young?

I have a friend in his early late 20s and he says he loves materialistic things. I was sort of surprised because he doesn't seem like that type of person. I really wonder if he will mature and realizes those things don't really matter?

People who used to be like this, are you still into expensive materialistic things now that you're older?

I am a teenager and I am looking for ways to make money. I don't have a car so I cant really work a job. I dont want to just have a regular 15$ per hour job. I have seen some people have tried reselling designer clothes like supreme and other people have been reselling other things. Should I try that. I want to be able to save up for a better computer, a 3d printer, or a car. Should I try a lemonade stand, mowing lawns, babysitting? I'm thinking about content creation, or day trading but I am just clueless. I could get a job but my parents would have to drive me. Any help would be appreciated.

Hello all. Please keep your judgement to yourself, just looking for helpful individuals to give me advice on an upcoming situation. I'm 20 years old and recently graduated from post-secondary. I've got an upcoming financial decision that I need help on. Hopefully this isn't a really dumb question.

I've got about 2.5k CC balance coming due in a week. I've got only about 1k in my chequing to contribute to it, and I've got about 10k in my TFSA. ("Tax-Free Savings Account" for the non-Canadians)

Do I pay as much as I can out of my chequing and wait till my next paycheck (2-3 weeks from now?) to pay the rest OR is it a no-brainer to withdraw from my TFSA and pay it all off immediately before it's overdue.

Thank you.

I owned a small business on Etsy and closed it two years ago when I started my family. I have $450 left in the savings account that I had for that business. What should I do with it!!!

When I started the business, it was to make extra money while I found a career that allowed me to stay at home with my children. Now that I have done that, I want to spend it the rest on something meaningful or maybe invest it in something so it keeps growing?

What are your suggestions?

Edit: I have no debt including house!

Because I ommitted some background information last time let me update some background:

- I am a first generation college student, premed, Junior year, perfect grades etc etc.
- Mom works very part time, raising my two young siblings in a house separate to this one at 2k/month rent. I live separate and pay for a room. She cannot afford that rent just by working (she refuses to work full time until they are 12-13)
- We inherited a house from my late uncle. The money is of course primarily supposed to go to the children still being raised, he SPECIFIED that part of the money from the sale or rental should go to my education since I did not have a father or college fund. For those of you who might call me selfish, if you had grown up with as hard a life I had, you would not be saying that; my mom would also not *not* give me a small chunk of the house sale, even if I said not to because I'd still need to ask for money and struggle.

To clarify; the money she gives me is for living expenses NOT tuition. I am taking out the max federal loans and get max financial aid. I cannot take out any more due to our credit. To anybody not familiar with the premed process, it is not worth sacrificing my 4.0 gpa and all the added stress that would come with working even more part time than i already do. I also physically do not have the time for it.

Home equity loans are NOT an option. Her credit is horrible so is mine

The house is in the suburbs of a VHCOL (so HCOL), around 430-440k zillow estimate probably less if it's unrenovated. Renovated it would rent for like 3500, we listed it for 2900+utils since it is not modern whatsoever. So far, nobody worthwhile has rented it in 2-3 weeks (area is ghetto and mostly attracted trashy/sketchy or underqualified tenants). This has demotivated my mother; even if I tell her she should wait she can no longer afford her current rental and does not want to move into the area as it is not the safest and not the greatest schools. Her priority is her children and where they are raised

The initial goal (my proposal)
- Rent out the house
- Put the house under an LLC
- Take out a business HELOC
- Purchase 2-3 more rental properties
- She would live off (mostly) the income and give me a couple hundred bucks a month to help with bills. I still think this is the best option but it's quickly becoming unfeasable.

Her Proposal
- Sell the house
- Put money aside for my college
- Put about half into a HYSA or index funds
- Use the other half to buy a rental property in LCOL state and rent it out
- Live off the interest and a little then some

The problem with this imo is theres a lot of variables. Buying a house takes a while, maintianing a house especially far away is a lot and I have a feeling the money left over would be gone quickly

ADDITIONALLY, say she profits 500$ from the rental after emergency fund etc, and 500$ in interest. Thats half her rent and I don't trust her ability to cover the other 1000-1500$ in her bills, based on past experiences.

My new proposal
- Sell the house
- Put money aside fo rmy college
- Stay at her current place (2k~ a month, extremely good deal for the area)
- Put it into a HYSA
- Withdrawing 1500$ a month with 350k invested at 3.5% would last around 30~ years of her rent being almost entirely paid (for her) She could also put it into index funds.

ADDITIONALLY, with my proposal this is assuming she won't go full time when they are 12-13, so realistically it should drain slower.

Of course, neither of these plans are the smartest super long term, but my proposal atleast she will have a cushion. I know owning is the most optimal. She wants to sell the house bad. She will not be able to afford her 2000$ a month rent next month, so this is basically a decision to be made in the next week or two.

For context, someone I know needs $$$ for her prescription and doesn't have much of a support system to help her. I currently only have $8 in my paypal account and I was wondering if there was any possible way I could quickly accumulate the money? If you know of something please do tell. Thanks for your time

Hello, I am in need of a vehicle and have around $7,000 saved up. Im trying to obtain another $4-5,000 to purchase the car I want, but everyone in my family has not so good credit (literally everyone besides one member that isn’t responding to me) and I’m wondering if it’s possible at all.

I don’t really have any friends parents that are willing since that’s a big sum of money, although I have a stable job and emergency funds in case anything goes south, but I’ll still be able to pay off the loan/lease every month.

Am I just screwed? Or is there anything else I can do to obtain the money I need.

Just got this bill at work. Idk who Ashley is but I have a feeling she was a gambler or a bad spender lol

I (M31) am learning, for the first time in my life, to live below my means. It is a painful experience. Life has always been about getting what I wanted, when I wanted, damn the consequences.

Having to be responsible is a very uncomfortable position for me to be, but I know it will be for the best (or, at last, I’m trying to hold to the thought)

Any tips for me to not give it up?

What is your experience with compounding?

I pride myself on easily understanding any scientific concept. But when it comes to things related to money like investments, banks, stocks, money, etc. I get confused to oblivion..

My question to you guys is how do SOME people expect digital money to replace physical one. From what i know about physical money i can say that it is absolutely necessary so that economy doesn't crash. Just like metals like gold and silver. Digital money is under constant threat of being hacked, drop in value, constant surcharges, privacy, etc.

In the last 5 years alone i have seen people who used to love physical money switch to digital one. The pro of digital money i see is that it is easily accessible and no stress of storage or forgetting your wallet. And the con is that you spend much more than you would if you were to use physical money. Plus the surcharges that you pay on every transaction. Add it up and over time it will be in thousands..

What more do you think are the pros and cons of each.

Again I am a total noob in this topic so do excuse my errors..

We used to store cash/coin, not even that anymore. You log in an app, seeing a number… and wth is that? Sure you can buy stuff using that number but after all, what is “money” in today’s world?

I, 23y/o, just started my new job in June making about $115k base and am on track to max out my 401k for the year. My job's 401k uses Fidelity and I am 75% in US stocks (VANG INST 500 IDX D) and 25% in international (VG IS TL INSTL STK MK). I did not choose any of the target retirement date funds that were available but I can always switch. I do not have any debt and currently have $150k across brokerage, Rollover IRA, 401k, and Roth IRA. Still on my parents health insurance as well.

$100k of that money is in my brokerage account. The problem is that my dad never explained VOO or VTI to me so I started picking individual stocks back in 2024. I'll post my positions below. I think I will keep my Roth IRA and rollover as invidivdual stocks for now since there's only $40k in them.

I want to invest in QQQM, VOO, and VTI now but I know there will be capital gains taxes and I don't know if I should just hold these individual stocks or sell and use the money to buy more safer basket stocks.

I am definitely going to by VOO and VTI moving forward but I am looking for advice on if I should sell my about $100k of individual stocks to go into ETFs for my taxable brokerage account.

The reason I am asking is because I lost probably $20k on these small biotech and penny stocks that my dad told me to invest in since high school and throughout college. I do not want to have the same thing happen to me again in the future with these stocks. The ones I have now are definitely more reputable but I am still looking for other people's perspective on individual stocks vs. ETFs for young adults.

Any and all advice/comments on my 401k and what to do with my brokerage account is much appreciated!

Hello! Feeling stuck on where I should go next. Currently:

- making roughly $100k/year
- 10% goes into 401k (6% traditional, 4% Roth) + 3% match & 3% bonus at end of the year
- 20k in emergency fund
- 5k checking

Ideally I’d like my emergency fund between 25k-30k. My main goals after reaching this are save up to buy a new car (plan to run my current one into the ground) and save up for a down payment on a house.

Do I just keep aggressively saving into my HYSA for this? Or should I start investing a little into a brokerage each month? Currently single (29F) but would love a family/house/et

If someone is selling stocks and plan to give their grandchildren the money, what's the best way to pay the least amount of taxes?

I live in Denver, and managed to get into a low income apartment. The rent is stabilized, so the increase between last year and this year was only 3%. The rent is 1,206/mo this year, which for context the cheapest mortgage on a single family home averages 2,000-2,500$ a month, plus maintenance and insurance.

I do want to buy a house eventually, but it feels like a bad decision to double our housing expenses until we have to move out of this apartment.

This feels like a stupid question, but I genuinely don't know what to do. My parents just sold their house and gave me $25,000 from the profits. It's currently sitting on my counter in the form of a cashier's cheque because I don't know what to do with it. Can I just put it into my bank account? Can I use an ATM? Do I need to declare it on my taxes? I'm in Canada, if that matters.

Painted it with UV reactive paint thought it looked cool :)

I Finnaly hit my first 100k. Felt like a long but short grind by other standards.

Joined the navy in 2022 after college, i just hit my 4 year mark, aswell as my goal at the same time. Came into it with no debt/student loans which im sure helped aswell. Ik everyones experience in is different but im thankful.

Hey first post here I’m a 34 year old I have 8k in my savings working two full time jobs with the hopes of getting it to 30k by December through the gigs…..just wondering how or is it possible to even invest my money or grow my money from what I have saved currently…..seems like everything is so expensive I know there’s risk in investing but, I just don’t know the exact direction it’s so many different ways to go in honestly overwhelmed so, I just want to reach out to people who have current investments or are finding ways to add on to what they have. Thank you

hi im 15yo and I recently started a hysa and invest my savings so I can grow my money. I don't totally have a full grasp of what a hysa is or investing generally- im still trying to learn as much as i can, but im wondering when do I start gaining interest on my deposits? I've deposited about 60 bucks total and haven't seen any interest paid. this may be a dumb question or im probably not understating it fully. could someone explain? I know im 15yo but that's probably too young to be thinking about this but I want to be financially free in the future.