financeSpending Habits
"Poorly managing my money after a breakup and job loss."
After being depressed for the last few years after a breakup and losing a good job, i've been making it by the skin of my teeth thanks to bad spending habits, bad budgeting, and bad coping methods. But now, after paying rent and xyz bills, my bank account is finally at four digits and I can finally start planning ahead. Just needed to celebrate with anyone. submitted by /u/yourhomeland [link] [comments]
5/10 regret
financeInvesting
"Copy a proven portfolio"
I copied a portfolio but still needed to learn the game
2/10 regret
financeIndexing
"Choosing to maintain S&P500 rules"
I decided to stick with S&P500 rules
1/10 regret
financeCareer
"Prioritize happiness over high salary"
Moved to a lower-paying job with better work-life balance
1/10 regret
financestock market
"Buy into SpaceX IPO"
I lost money due to forced investment in overvalued asset
10/10 regret
financeinvesting
"Investing in stocks without clear understanding of value"
Invested in GME without understanding its value, lost money
8/10 regret
financeCareer
"Teens face worst summer job market in nearly 80 years"
I'm struggling to find a job at ice cream shops and swimming pools
8/10 regret
financestock market
"AVGO stock dropped 15% on earnings miss"
I walked through AVGO transcript line by line and found market reaction and business reality disconnected
8/10 regret
financevaluation
"Valued SpaceX using piecemeal information"
Revisited valuation with prospectus information
5/10 regret
financeDebt
"Pay off high-interest loans first"
I paid off $10,000 in credit card debt in 12 months
2/10 regret
financeinvesting
"Waiting for market crash"
Invested in cash during tariffs, portfolio doubled in 3 years
1/10 regret
financeStocks
"Investing in Sweetgreen SG"
I invested in Sweetgreen SG after it broke out of a long-term chop and is poised for a strong rebound driven by fundamentals.
2/10 regret
financeCurrency Exchange
"Considering converting investments to CAD"
USD lost 30% value since 2020, CAD lost 17%
5/10 regret
financeretirement
"maxing Roth for 18 years"
realized need for non-Roth monies to RE without tax penalties
5/10 regret
financeinvestment
"Turned off dividend reinvestment in brokerage account"
Decided to adjust monthly investments manually due to broker restrictions
1/10 regret
financeSavings
"Joining a wholesale club to save money"
I joined BJ's to save money, but I'm not sure if it will work
3/10 regret
financeDebt
"I permanently closed my Afterpay account."
Since university I have always been in some kind of Afterpay debt. An endless cycle of paying it off and getting into more debt until my next paycycle. Constantly borrowing money from my future paycheck meant little left for savings. Just last week I said goodbye and closed my account - in NZ this action is permanent and I cannot open another account ever again. 💖
5/10 regret