Use it as collateral generating interest for selling puts. Robinhood for example gives 3.6%. Then sell monthly puts shooting for a 6.4% annual return which would be pretty conservative. Now you’ve got a 10% return. Do it on a growing fund or a good fundamentals stock he’d love to own at a discount and switch to calls if assigned. Get it converted to a Roth IRA as fast as possible.
@fascinatingonX@Zayphar If they’s landed Apollo there first:
“That’s one small step for a man, and the last one I’m taking no fkn way I’m going in there”
So what. Fail them when they don’t pass. Do not let them move to higher grade levels when they cannot perform at their current grade level. And no “district makes us pass them” excuses. No “just following orders” BS. Make your best attempt to educate them and try to involve parents when they struggle. But do the honorable, ethical, moral thing and fail them when they won’t do the work. And if you’ll get fired for doing that then get fired. Sick of complicit teachers that perpetuate this festering, rotting, outrageously expensive system that fails to do its one fkn job.
@MKaylaUltra She was going to attempt a reverse mortgage on the payment keypad using a library card, eventually give up, then pull out a checkbook and dig around her bag for a pen that she’s convinced is in there, but isn’t.
Depends on the match. But when you move jobs roll it over to an IRA. Then do a roth conversion for as much as you can afford the taxes on, every year until it’s all in the Roth. Then learn to conservatively sell puts and calls or go with funds, whatever your comfort level is. And if you want to retire early, you can withdraw whenever you want from the Roth, up to your total contributions, tax free.