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353
Ummm... Pedes be "freaking out" over the collapse of SVB, but—did *you* have a ton of cash in SVB? No! But tons of woke faggot companies did! PAY ATTENTION to how hard the woke faggots are losing! SVB was the deep state's most protected bank! And yet, they're losing?? WATCH! TRUMP IS IN CONTROL! (media.patriots.win) - N C S W I C -
posted 3 years ago by catsfive 3 years ago by catsfive +353 / -0
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▲ 4 ▼
– LRAD 4 points 3 years ago +4 / -0

The only concern I have with this collapse is my 401k investments because they are gonna get hit hard by the stock market. I'm not gonna count on the "it will bounce back" idea either because this "rebound" could be a long ass time from now. I've already mitigated that part so I'm good.

If you aren't moving your 401k into something else, consider changing it from an aggressive portfolio to a conservative one for a while. Often you can do this online and don't even need to make a phone call.

Get those credit cards paid off too! The interest rates are skyrocketing.

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▲ 19 ▼
– LordKekingtonEsquire 19 points 3 years ago +19 / -0

Luckily I saw all this nonsense looming on the horizon and after many months of listening to Dave Ramsey, finally worked on my "Debt Snowball". As of last year, aside from a small amount left of a student loan (not much to worry about), I have no official banking debt. It took me 10 years but I finally did it.

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▲ 11 ▼
– Raritan 11 points 3 years ago +11 / -0

Good for you - that is discipline.

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▲ 10 ▼
– LordKekingtonEsquire 10 points 3 years ago +10 / -0

Matthew 6:24 ESV

“No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.

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▲ 4 ▼
– Yeetthedems 4 points 3 years ago +4 / -0

Financial Peace is real. Good for you!!

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▲ 4 ▼
– drakus 4 points 3 years ago +4 / -0

Congrats to you. We just paid off our 30 year mortgage about a decade ahead by paying ahead on principal each payment. Now, I just want to sell our house so we can get out of and away from our ultra blue retardo area and move further south to "friendlier waters."

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▲ 4 ▼
– Cpleb 4 points 3 years ago +4 / -0

Dave Ramsey’s baby steps saved my life.

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▲ 3 ▼
– LRAD 3 points 3 years ago +3 / -0

That's awesome! I'm so glad at this point I have all debts cleared too. Feels good knowing that as this recession falls into a depression (if it isn't ready!) That we have our home in order and will be able to weather this storm.

I tried to get friends and family on board too but to them I was just a tinfoil hat prepper and paranoid. It's unfortunate because they are about to get stung and they. Would have prepared much better for it.

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▲ 1 ▼
– MathletesFoot 1 point 3 years ago +1 / -0

The dotcom crash was the recession, 2008 was the depression we're still in.

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