Depends how far you want to be...I've been to Canada and fukk with it so Vancouver would be my choice
6 Figures 6 Certs Random Thoughts Thread
- Thread starter ProfessionallyTrill
- Start date
NeilCartwright
All Star
I’ve used Legalzoom, they’re pretty cheap. But you can get an EIN for free off IRS.gov
Reality
Make your own luck.
Big decisions coming up in the next few months
Working doing something I hate career-wise but need to stay in til mid next year to collect $45K in stock that's vesting. If I stay in the same job and do no investing I'll be at $220K net worth in a year - doubling it year over year basically, which would be amazing. If I take another more interesting job in a different state, the tax hit alone will probably cost me ~$15-$20K next year, but I'd be closer to family and what I want to do career-wise.
Sitting on $120K in cash and another $120K in investments ($40K accessible penalty-free via Roth), but $64K in debt at like 3.3% fixed rate interest. By EOY $135K in cash $61K in debt. Market I live in is too expensive to buy a house but I feel like not buying something right now is foolish, but thinking about buying a spot in a cheaper market I used to live in.
Wondering if I'm overextending myself if I take on $3.5K a month between my rent and a mortgage (thinking $250K-$300K home price) somewhere out of state.
Also wondering how the banks will look at things if I:
A. Pay down my debt prior to applying for a mortgage and only have $74K cash liquid + the $40K from the Roth
vs.
B. Don't pay down my debt but stay more liquid
Also need to figure what advantages I may get by incorporating as an LLC if I make the non-primary residence home purchase.
Working doing something I hate career-wise but need to stay in til mid next year to collect $45K in stock that's vesting. If I stay in the same job and do no investing I'll be at $220K net worth in a year - doubling it year over year basically, which would be amazing. If I take another more interesting job in a different state, the tax hit alone will probably cost me ~$15-$20K next year, but I'd be closer to family and what I want to do career-wise.
Sitting on $120K in cash and another $120K in investments ($40K accessible penalty-free via Roth), but $64K in debt at like 3.3% fixed rate interest. By EOY $135K in cash $61K in debt. Market I live in is too expensive to buy a house but I feel like not buying something right now is foolish, but thinking about buying a spot in a cheaper market I used to live in.
Wondering if I'm overextending myself if I take on $3.5K a month between my rent and a mortgage (thinking $250K-$300K home price) somewhere out of state.
Also wondering how the banks will look at things if I:
A. Pay down my debt prior to applying for a mortgage and only have $74K cash liquid + the $40K from the Roth
vs.
B. Don't pay down my debt but stay more liquid
Also need to figure what advantages I may get by incorporating as an LLC if I make the non-primary residence home purchase.
Assuming you're black, you are going to be (even more of) a minority either way. Personally, I'd take Vancouver since Canada is generally a friendly, more diverse America, so it will be less of a culture shock. Also, it's a car ride from the US. On the flipside, the handful of Australians I've met in the US give me the impression that Australia generally isn't really built for 2020 views on inclusivity/diversity. They strike me as generally anti-PC and have similar traits as a (more-educated version of a) Trump supporter...
How old are you?
I hate carrying debt so if it was me I pay it off before I get a mortgage.
I wouldn't touch my Roth until retirement even if it is penalty free.
Reality
Make your own luck.
Turn 31 this month.
I hate having the debt hanging there too, but the return I've been able to get off other investments has made it worth it so far. It'll help ease my concerns with the financial overhead of rent + a mortgage, I just don't know how it'll impact how a bank looks at me.
DaRealness
I think very deeply
Agreed. Generally, they're VERY behind when it comes to race relations in Australia. I know a breh who moved out there for a year and had to come back cos it was so racist. Australia for me personally would be a no go.
There's a few brehs on this forum who live in Vancouver and they love it there (plus the women look after themselves and are very receptive from what I hear
). It's more diverse and laidback with very few racial problems and a nice landscape and doesn't come with extreme cold like other parts of Canada. That would be my personal obvious choice.
I think I'm going to see if I can refinance my car loan at a lower rate. Give myself some breathing room on the payment, but probably keep up the amount I'm already paying. January or February is a good target because I can massage my scores a little more after this holiday spending stops.
Normally a high debt to credit ratio wouldn't be ideal. But with your assets you'll probably be fine.
I'll be doing the same
White recruiter today was tap dancing heavy around the fact this company basically needed a black woman as part of their "diversity" strategy to bid on some upcoming projects with the national institute of health. Apparently NIH was audited and learned too little of their contracts were going to small business and as a result is opening up a bunch of projects.
Of course with the government being a small business AND employing minorities puts you in a better position. LOL it's funny how racial conversations can be reworded to make it seem like you're being presented an opportunity rather than providing some company with one. Pay me though and I know it still won't be as much as you'd pay a white.
My spirit and attitude toward this process has changed...well over the last two weeks anyway. Before I would never entertain someone without an official role, but these conversations are insightful.
Of course with the government being a small business AND employing minorities puts you in a better position. LOL it's funny how racial conversations can be reworded to make it seem like you're being presented an opportunity rather than providing some company with one. Pay me though and I know it still won't be as much as you'd pay a white.
My spirit and attitude toward this process has changed...well over the last two weeks anyway. Before I would never entertain someone without an official role, but these conversations are insightful.
These people are going to stress me out LOL Last week dude said the company was doing a generic kinda job fair type deal for candidates they feel have "hot skills" on the 19th. This morning he sends an email telling me what to expect and things to look out for tomorrow, but no time 
I'm reading back through emails and perhaps I just missed it, but I honestly don't think he sent it. So in a rush to get someone in front of a candidate so they can potentially get paid whole time missing crucial details.
Edit: It was totally my bad! We did discuss the time slot, I just didn't add it to my calendar. Whoopsy!
I'm reading back through emails and perhaps I just missed it, but I honestly don't think he sent it. So in a rush to get someone in front of a candidate so they can potentially get paid whole time missing crucial details.Edit: It was totally my bad! We did discuss the time slot, I just didn't add it to my calendar. Whoopsy!
