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Sharing my numbers, goals, milestones, and advice

I wanted to share a few of my numbers, goals and priorities. Both because it's helpful for me to organize my goals and plans, and because the posts and comments on this sub have helped me out and I thought I'd chip in my 2 cents.
Basic stats: 31M, married, wife the same age. My annual income (software engineer, large company) around 125k + 20k bonus + 5k stock + 4.5% 401k match + ESPP magic of 1.5% salary or more. Wife's salary around 105k with a 2% 401k match at a non-profit. No kids yet, just a dog.
I started working the summer I was 16, for a nickel above federal minimum wage at the time, I think it was around $5.15 / hr. This was a miserable and yet incredibly enlightening experience. I realized I could make it on my own with hard work but I sure didn't want to be stuck there. I went to college, worked part-time and summers through school at only slightly better pay and less-miserable conditions. Wife and I were extremely fortunate to have had families who paid most of college (along with some scholarships and benefits), and we graduated with no debt.
Real income started coming in after I graduated college with an engineering degree in 2007, starting salary was $65k. My wife and I lived basically as we had while in school, renting a cheap place, maxing out the 401ks and Roths, and saving a small amount of taxable income too. Here's my SSA reported earnings (pretty sure I had some W2 income in 2005, not sure why it's missing). Wife's salary has been just a little bit less than mine over the years as she has worked at non-profits and spent two more years in school.
It's been just shy of ten years since we graduated and started working and saving. Here's Mint's (ragged) picture of our net worth as far back as Mint knows about. Their older data is incomplete, the early years are missing several accounts that we had, and there is a discontinuity around our house purchase last year as Mint can't be made to understand the date we closed on our house and how that corresponds to the dip in cash.
Right now we're still maxing 401ks, maxing my HSA, and average maybe $2000 or so of taxable savings per month. I'll be getting my first bonus check from my current job this year, and plan to save basically all of it, plus all my stock options and ESPP. If everything goes smoothly I hope we can save well over $75k this year. I have a goal set in Mint to get to $1M in cash and investments, and if the market doesn't take a dive and our savings stay on track, I hope to get there by early 2018. Our major expenses are dog-care ($600/month), mortgage ($3300/month incl. taxes and insurance), and some travel.
Our net worth breakdown: Assets:
Liabilities:
I mentioned already my wife and I were helped out significantly by having undergrad paid for and graduating debt free. I received an inheritance of around $200k a few years ago which also explains our growth. I say this to be transparent about where our money has come from and not write some inflated baloney.
With those caveats and explanations, here are some lessons I've learned along the way that I'd like to share.
  1. Prioritize your physical health first. Yes my first advice is actually to spend money -- investing in yourself and your health. Even if you are young and without major problems, go to your yearly physicals and dentist appointments. Nobody likes going to the doctor, but not going ends up being much worse.
    • I am in decent health, but I would gladly pay every dollar in all my retirement accounts to have my few health problems solved for good and be guaranteed a long, healthy, active life. In my case, that's not possible. Doctors can only do so much. Some of your health is decided by luck and genetics. But control the part that you can control -- lucky for all of us, it's usually a pretty large part. Eat your fresh fruits and vegetables, exercise, and don't eat out all the time -- not primarily because eating out is expensive, but because your health cannot be bought at any price, and making food yourself will simply be better for you.
  2. Prioritize your mental health, happiness, and sanity second. Having a 90% savings rate will do nothing for you if you are depressed and suicidal. If you don't live long enough to enjoy your early retirement, all those years and decades of hard work were a waste. I'd much rather see someone making the bare minimum 401k contributions, with a job he enjoys, good friends, family support, loving spouse, than see an isolated and depressed wage-slave, spending all his time at a job he hates in a depressing environment, just to max out savings.
    • In fact, I see the entire idea of "financial independence" as a small part of a larger picture: determining what your priorities are in life, what really makes you happy now and will make you happy long-term, and then consciously investing your time, energy, and money to those pursuits. And cutting back on everything else. Build the life you want, then save for it
  3. I can't tell you the number of posts I see on personalfinance where the biggest obstacle boils down to "I paid way too much for a new car I can't really afford and now I'm in big trouble". What's worse, the people that post are the ones smart enough to realize something is wrong and reach out for help, I worry about the rest.
    • I live in a New England city where a big snowfall will regularly bury us for a week or two at a stretch in the winter. It is mind-boggling the number of cars I see here, weeks after a snowstorm, still parked on the street completely buried by snow -- the owners have more cars than they need, so what the hell, just leave the extra cars abandoned on the street (for "free" of course), buried in the snow. Car insurance for me and my wife here costs, for one car, north of $1k/year and we both have spotless driving records. Plus motor vehicle excise tax, registration, emissions test, plates, AAA, etc. And those are just the fixed costs, without putting any miles on the car! I am simply astounded by these abandoned cars hanging out for weeks.
  4. Buy a damn bicycle and start somewhere. The number of excuses I hear about why one can't bike is just insane. Work is too far, it's too cold, too wet, too dangerous, I'm out of shape, I don't have a bike, I don't really know how to bike, bikes get stolen, I'll get sweaty, and on and on. Look. Go to your local bike shop, or Craigslist, or hell even Walmart. Spend $150-$200 on a used or (crappy) new bike. Get a helmet and maybe a lock. And just try going somewhere on a nice cool, sunny day. Go to a coffee shop, park, bookstore, post office, whatever. You lock up basically anywhere. No coins or credit card for the meter, no circling for parking. Time how long it took you. If it's somewhere close, and you live in a city, it probably wasn't much slower than driving and dealing with parking, maybe even faster. And remember how infuriating it is to be stuck in a car in a traffic jam? That will never happen to you on a bike.
    • Commuting to work every day by bike may not be for you. Maybe you can do it on nice days in the spring and fall. Maybe you can do a few errands here and there. Maybe just for fun rides on the weekend. Read the true cost of commuting by the great Mr. Money Moustache if you want financial motivation. I wonder if I have MMM beat with my bike commuting stats ? But just try riding a bike a few times and see how you like it. If you hate it, fine, it's not for you.
  5. Spend some time getting VERY familiar with your work benefits. It is easy to miss out on free money. A few examples from my own experience:
    • If you have an employer match, be careful about front-loading your 401k contributions, even just a little bit, e.g. meeting the 401k contribution limit by November in the year. Depending on how it is set up, the match may only kick in, say, up to a 5% match of each pay period. So if you front-load and are maxed out by November, you would have only gotten a 5% match for 11 months, not 12 months.
    • If you have an employer HSA and your employer is generous enough to have incentive programs to reward you with money for exercise, preventative care, health counseling, etc. get on top of those and max them out. It's free money!
    • The workplace ESPP plans I've had access to are also free money (often a 15% guaranteed ROI after 6 months if company stock is flat or goes down, with the potential for much more if the company stock goes up). You are crazy if you don't contribute the full amount here.
    • Be on the lookout for other fringe employee benefits. We recently found out my wife's work offers reimbursement up to $20/month for bicycle commuting expenses. Ka-ching.
    • Understanding the details of your vacation policy (PTO) is critical. How often do they accrue? Do you have other days ("floating holidays") and how are they different? What is your cap on the max. number of days accrued? Do they roll-over year to year? Do they get paid out when you leave the company? Time is money, these days are precious, don't waste any of them.
  6. On the same lines, the easiest credit card sign-ups and bank sign-ups are no-brainers, great money for a minimal time investment. You don't have to go overboard like the hardcore folks at churning , but just signing up and canceling one or two cards per year can net you an easy $200-$500 bonus each time. Even better, the credit card bonuses are generally treated as discounts on purchases, not income, so not treated as taxable income by the IRS.
  7. Make a to-do list of financial fixes, bill cuts, home improvements, and work on them regularly. My quick list is:
    • rollover wife's old 401k to an IRA
    • set up a backdoor Roth for me and my wife this year
    • do an easy credit card sign-up bonus
    • take advantage of a state program to pay for insulation in our house
  8. Think about what makes you happy and do more of it. Stop for a moment and ponder -- what are the top three things that you love doing, that when you are old and grey you will look back fondly on?
    • I bet that "compulsively checking Facebook" wasn't on your list. Or "sitting in traffic on the way to work". Financial Independence is all about taking control of your life. But you don't need some magic amount of money saved to do this. Being financially independent is more of a spectrum than a binary. Just having a small emergency fund saved will give you confidence at work, give you flexibility to interview for other jobs, allow you to sleep better at night, invest in yourself, etc.
  9. And after taking care of yourself and your immediate family, think about your other close friends and more extended family (well, the ones you love, at least). Just as our families have sacrificed for us, I see my extended family members who have needed help over the years and have tried to help out quite a bit, financially and otherwise. This is actually what I look forward to the most as our nest egg slowly fills in. I don't want to be a Scrooge sticking to a leanfire budget for 40+ years of retirement with no wiggle room. I aspire to be able to help friends, family, and charities I care about.
submitted by FIREyerBoss to financialindependence [link] [comments]

Californification

Open Thoughts
Thursday, November 16, 2017 The "Californication" of America The "Californication" of America
If you have any doubts to the depraved depths progressives what to submerge America, look no further than the once Golden Republic of California. Inundated with 1.3 trillion in debt despite possessing the highest sales tax and marginal income tax rates in the U.S., California is now attempting to borrow from itself to pay outstanding retirement pensions. Why? When counties and cities continuously offer exorbitant employee benefit packages - the over 20,000 residents currently collecting 6 figure pensions - while the taxable revenues/incomes of private businesses and corporations are fleeing suffocating regulations in record numbers, somebody’s trying to eat Prime Rib on a McRib budget. Not to pour salt into insolvency or double dip those $15 minimum wage fries waving in the Western horizon, but Illegal aliens and their dependents cost Californians $25.3 billion per year according to FAIR's 2017 report: The Fiscal Burden of Illegal Immigration on California Taxpayers. The state's 3 million illegal immigrants and their 1.1 million US–born children cost the average California household — headed by a U.S. citizen — $2,370 annually. And what special allowances have been granted to those struggling, natural born families who pay must foot the bill of the Democratic Party’s foreign voter adoption and affirmative action estate? Mind your white privilege; even if you’re not white, live paycheck-to-paycheck and still can’t afford to rent a cupboard in San Francisco's Pacific Heights.
Enough about redistribution and devaluing a sentient being’s “worth”. Let’s talk about how California residents can now knowingly infect another person with HIV without informing their partner of their status, but state workers (including teachers and social workers) can be fined or even jailed for using the incorrect “gender” pronouns. In some educational institutions where gender-queer conditioning of elementary kids has becoming mandatory conditioning masked as sensitivity cognition, grade school students themselves can be reprimanded for not indulging their peers’ non-binary, role playing fantasies. In other words, ignore your genitals and reject your biological birth, liberate hate by wearing a dress, because little is more abnormal than just letting kids be kids without the inherited baggage of "sex" obsessed malcontents. But never fear, calling for the assassination of the President, beating peaceful pedestrians expressing political dissent or slandering any patriotic Republican as a Nazi bigot, is both commonplace, if not admirable, on enlightened college campuses and now in the “non-discriminatory” workplace.
Not to invoke the irony of future mugged constituents, California lawmakers recently passed Proposition 57 mandating early release for all “non-violent” criminals”. And what exactly constitutes a non-violent crime worthy of such leniency? Oh, just the rape of an unconscious person, human trafficking involving sex acts with minors, and assault with a deadly weapon. And here I thought legalizing child prostitution was but another attempt to normalize pedophilia among Hollywood benefactors lecturing Middle America about equality and tolerance. Once you breech and discredit one ethical boundary - those societal foundations of gender, family, faith and love of country - people will literally defend the most senseless, soulless acts for their existence is defined by limitless pleasure, perceived entitlement and a glaring inability to think for themselves. "Progress" isn't derived by forcing people to handicap their success, bake a sacrilegious cake to the extortion of financial ruin or purposely exposing innocent children to perverse Gay Pride parades and profane feminist rallies. Progress is realizing living the lifestyle of your choice, the literal sanctity between right and wrong, should never require confiscating the rights and dignity of others solely to validate/advertise one's bombastic beliefs.
With such inane reasoning masquerading as good government, it is of little surprise Governor Jerry Brown declared our immigration laws moot by further investing in sanctuary cities and attempting to obstruct ICE officials from apprehending known fugitives. When you’re more distraught over than the safety and so-called rights of non-citizens than the death of a 32 year-old woman murdered by a man deported 5 times, prudence and justice are antithetical anomalies. Not only are California illegals now eligible for driver’s licenses, they can legally vote in an election if they are officially registered to vote. And what does it take to register to vote in the great state of California? A driver’s license and a personal guarantee you’re a citizen. Yes, you heard me correctly, the legitimacy of our elections, the survival of our 241 year-old republic, is now based entirely on the honor system; or if you prefer perspective over subjective bliss, foreign invaders who consciously broke our laws without a hint of regret, only to be congratulated with a complimentary door prize, the honorary American oppressed immigrant mindset, of leftist socio-economic contempt.
I take umbrage with any self-respecting American, God forbid elected civil servant, who is completely indifferent to the estimated 3 million unlawful votes cast in 2016 simply because they believe small town America values and the electoral college should acquiesce to the moral degradation and militant activism of urban epicenters like San Francisco, Los Angeles or Chicago. Considering California alone accounted for over 10% of Hillary Clinton's final vote total, a 3.4 million difference that exceeded her 2.86 million final popular vote lead, I'm confused as to how those Donald Trump supporters representing over 90% of American territory - or precisely 3,084 counties of all 3,141 U.S. counties - should take a knee with Colin Kaepernick to empower a regressive state that dismisses the rule of law, mocks rural America and remains visibly contentious towards any concept of electoral sovereignty.
There’s also another term for those politicians who willingly subvert the immigration process and disregard our voting statutes to their personal and civic benefit? It’s called sedition, dereliction of duty, treason. If I may, when did defiant trespassers become “Dreamers” and doorbells a humanitarian crisis? Have millions of aspiring Americans from across the globe, for well over a century, not honored the afforded requirements for securing the privilege of becoming a U.S. citizen? Conspiring to invalidate prescribed protocols ratified to ensure legal and orderly naturalization – those measures explicitly enacted to protect America’s citizens and welfare - makes about as much sense as giving convicted felons the right to vote because of “felon disenfranchisement”; i.e., the admitted hearsay of political opportunists salivating over the fact 60% of released California convicts are minorities who deserve the opportunity to vote Democrat.
The same bureaucratic terrorists who forced 53 dairy farmers to go bankrupt and/or relocate to saner pastures due to absurd regulations on cow farts are somehow entirely satisfied with the unsubstantiated word of an undocumented, unvetted immigrant. Surprised? Not unless logic and liberalism share a nonflammable unitard. And while peace activists remain adamant U.S. citizens must undergo extensive background checks to exercise their constitutionally affirmed right to bear arms – naturally excluding those potential militants illegally entering a sovereign country in a post 9/11 world – their unflinching “non-partisan concern” for human life magically ceases at the recognized borders of radical agents like Iran and North Korea; inhumane, totalitarian regimes that globalists duplicitously believe possess an inalienable right to develop nuclear weapons despite vowing daily to destroy Western Civilization. So what’s the common denominator? Rampant, unabridged, unapologetic anti-Americanism.
When voting is no longer our most sacred duty and the integrity of our elections becomes a racist endeavor, as denoted by California’s refusal to investigate massive vote fraud uncovered in November, America becomes a second class citizen unable to defend itself in its own home due to fear of “offending” the same guests who would outlaw our flag, silence free speech and ban the national anthem if given only a fleeting chance. In essence, any policy that strengthens or reaffirms America’s independence, influence and economic vitality is an affront to the liberal narrative America must surrender its identity and founding Constitutional charter for being an evil empire built upon greed and White supremacy. Or in historically accurate terms, a superior culture displacing an ethnocentric population which supplanted other nomadic societies via the auspices of war, commerce, adaptability and/or technological superiority. Whereas California and New York are hopelessly lost to the left’s orchestrated demographic coup d’etat and ideological conditioning of their respective populaces, states like Virginia, Colorado, and Michigan are not far behind.
Regardless of one’s political persuasion, you don’t have to be a historian or even watch the History channel to understand America was erected as a free republic for a moral, self-sufficient people acutely aware of the triggers of tyranny, poverty and religious persecution. Individual liberty, limited government, transparency and accountability were never optional amenities on an academic drug trip to worship the Lenin Statue in Marxist Seattle. These autonomous attributes represented conceptual necessities whose only negotiable features were the exact method and expected integrity of implementation.
Unfortunately for the idyllic state of California, squatting on the world’s sixth largest economy and boasting vast untapped natural resources, its propensity for dysfunction and waste is only superseded by its systemic rejection of America itself. Whenever West Coast socialists are not charging working families and commercial transportation the highest fuel taxes in the nation, environmental terrorists who cannot differentiate between ecology and political alarmism are manufacturing water shortages and sparking unnatural disasters with pseudo-scientific regularity. Fixing the error of your naive ways is near impossible when rogue political fantasy displaces sound judgement and the Constitutional authority of your native country. How else can controlled thinning of excessive forestation designed to reduce the risk of uncontrollable wildfires, similar to the recent devastation which devoured 9,000 homes/buildings and 250,000 acres of habitat, be equated to "clear cutting" or raping the land?
It is also of little surprise California elitists, aka doomsday legislators seeking another excuse to tax common sense, believe Global Warming is not a natural, cyclical occurrence predominantly caused by solar fluctuations and the temperature of the Earth's core. Never mind Antarctic ice levels are far greater than 30 years ago and New York is not submerged beneath Al Gore's "unnatural science" grade point average, if you believe a .03 reduction goal in global temperatures in a century's time at an eventual loss of 2.5 trillion in annual GDP is a winning strategy, than counting cow farts and banning combustible engine cars by 2040 is your golden ticket to getting assaulted on Bay Area Rapid Transit for reading 1984 without a permit. But never fret, Sacramento City Council approved a motion to pay gang members for the conscious decision not to kill one another; or in layman's terms, obey the law and stay in school. And to think millions of decent, hard working Americans are ineligible because of their offensive civilized "privilege".
Although it's mathematically impossible to pinpoint exactly what alternative universe California Democrats reside, our Forefathers would have called for a second armed revolution long ago. No, Really! Whether or not progressives approve of President Trump is a moot point if their own policies and authoritative abuse do not adhere to the prescribed constitutional checks of adopted statehood. Likewise, embodying the fight for state sovereignty by no means justifies endeavoring to become like those impoverished, inept nations your exploding illegal immigrant population is instinctively fleeing. It's hard to fathom how the once "Go West" mantra of American pioneers that catapulted California into an unprecedented wave of prosperity, proud nationalism and a vibrant centrifuge for diversity, has dissolved into an immoral state of cultural Marxism that believes government is god, gender is a fluid state of mind, exploitation a form of education, and patriotism an unjust form of racial oppression.
It is obviously no secret the once predominantly “Red” stomping grounds of Ronald Wilson Reagan has been turned bright blue by an unprecedented wave of immigration and indoctrinated anti-Americanism. That was and always has been the goal of the radical statist quo. Where this nation was forged as a beacon of hope and opportunity for millions of law-abiding aspiring citizens seeking a better life, California has descended into counter-intuitive cesspool that preaches victimization over accountability, reverse discrimination over equality, intolerance over intellectual diversity. No matter how pure your intentions or how strong your faith in the nature of human volition, you cannot coexist with partisans so obsessed with maintaining political supremacy they would gladly surrender their own country to those who tirelessly seek our demise or break any rule to control our lives out of some misplaced sense of social justice that gives no such credence to their own failures and hypocrisy; most, notably, those corrupt, foreign governments globalists so foolishly favor to the liquidation of civility and the downfall of mankind.
While no American wants to witness the secession of California, or more profoundly the dissection of America's legacy and the abandonment of our fellow right-minded countrymen who represent the powerless minority, how long can you spare a cancerous appendage before it spreads, poisons your soul and ultimately takes your life? Will apathy reclaim our revisionist classrooms or assuage the sponsored anarchist war on police and freedom of speech? Once again, the left’s goal is not to coexist under the ideological umbrella that was and is America. Their unrelenting mission is to whitewash history, ensure conformity and redefine America by eradicating all borders, natural human distinctions – symbiotic gender roles and the family paradigm - so the concepts of liberty, individual achievement and morality quickly become outdated manifestations that can no longer threaten the secular supremacy of a progressive state. The systemic decay of California is as much a symbol of our failure as a society, as it is a dire warning to every governor and undaunted patriot that still believes God is the liberty of salvation, character does not fear consequence, and raising respectful, responsible children is by far our greatest contribution to humanity; that indomitable virtue of a free nation born from the bounty of a Judeo-Christian seed but distinctly American creed. If this transcendent republic has any chance to coalesce and preserve the timeless wisdom of a handful of visionaries marked for death by the tyranny of a crown's crest, I believe hope resides in the heartland of an industrious people - a summoned Convention of States faithful to independence and the merits of intelligent debate - still rightfully proud of their heritage and ever cognizant of the evil contempt and complacency breeds.
Jeremy Frechette at 1:19 PM Share
submitted by jfrechette1973 to u/jfrechette1973 [link] [comments]

The Californification of America

The "Californication" of America
If you have any doubts to the depraved depths progressives what to submerge America, look no further than the once Golden Republic of California. Inundated with 1.3 trillion in debt despite possessing the highest sales tax and marginal income tax rates in the U.S., California is now attempting to borrow from itself to pay outstanding retirement pensions. Why? When counties and cities continuously offer exorbitant employee benefit packages - the over 20,000 residents currently collecting 6 figure pensions - while the taxable revenues/incomes of private businesses and corporations are fleeing suffocating regulations in record numbers, somebody’s trying to eat Prime Rib on a McRib budget. Not to pour salt into insolvency or double dip those $15 minimum wage fries waving in the Western horizon, but Illegal aliens and their dependents cost Californians $25.3 billion per year according to FAIR's 2017 report: The Fiscal Burden of Illegal Immigration on California Taxpayers. The state's 3 million illegal immigrants and their 1.1 million US–born children cost the average California household — headed by a U.S. citizen — $2,370 annually. And what special allowances have been granted to those struggling, natural born families who pay must foot the bill of the Democratic Party’s foreign voter adoption and affirmative action estate? Mind your white privilege; even if you’re not white, live paycheck-to-paycheck and still can’t afford to rent a cupboard in San Francisco's Pacific Heights.
Enough about redistribution and devaluing a sentient being’s “worth”. Let’s talk about how California residents can now knowingly infect another person with HIV without informing their partner of their status, but state workers (including teachers and social workers) can be fined or even jailed for using the incorrect “gender” pronouns. In some educational institutions where gender-queer conditioning of elementary kids has becoming mandatory conditioning masked as sensitivity cognition, grade school students themselves can be reprimanded for not indulging their peers’ non-binary, role playing fantasies. In other words, ignore your genitals and reject your biological birth, liberate hate by wearing a dress, because little is more abnormal than just letting kids be kids without the inherited baggage of "sex" obsessed malcontents. But never fear, calling for the assassination of the President, beating peaceful pedestrians expressing political dissent or slandering any patriotic Republican as a Nazi bigot, is both commonplace, if not admirable, on enlightened college campuses and now in the “non-discriminatory” workplace.
Not to invoke the irony of future mugged constituents, California lawmakers recently passed Proposition 57 mandating early release for all “non-violent” criminals”. And what exactly constitutes a non-violent crime worthy of such leniency? Oh, just the rape of an unconscious person, human trafficking involving sex acts with minors, and assault with a deadly weapon. And here I thought legalizing child prostitution was but another attempt to normalize pedophilia among Hollywood benefactors lecturing Middle America about equality and tolerance. Once you breech and discredit one ethical boundary - those societal foundations of gender, family, faith and love of country - people will literally defend the most senseless, soulless acts for their existence is defined by limitless pleasure, perceived entitlement and a glaring inability to think for themselves. "Progress" isn't derived by forcing people to handicap their success, bake a sacrilegious cake to the extortion of financial ruin or purposely exposing innocent children to perverse Gay Pride parades and profane feminist rallies. Progress is realizing living the lifestyle of your choice, the literal sanctity between right and wrong, should never require confiscating the rights and dignity of others solely to validate/advertise one's bombastic beliefs.
With such inane reasoning masquerading as good government, it is of little surprise Governor Jerry Brown declared our immigration laws moot by further investing in sanctuary cities and attempting to obstruct ICE officials from apprehending known fugitives. When you’re more distraught over than the safety and so-called rights of non-citizens than the death of a 32 year-old woman murdered by a man deported 5 times, prudence and justice are antithetical anomalies. Not only are California illegals now eligible for driver’s licenses, they can legally vote in an election if they are officially registered to vote. And what does it take to register to vote in the great state of California? A driver’s license and a personal guarantee you’re a citizen. Yes, you heard me correctly, the legitimacy of our elections, the survival of our 241 year-old republic, is now based entirely on the honor system; or if you prefer perspective over subjective bliss, foreign invaders who consciously broke our laws without a hint of regret, only to be congratulated with a complimentary door prize, the honorary American oppressed immigrant mindset, of leftist socio-economic contempt.
I take umbrage with any self-respecting American, God forbid elected civil servant, who is completely indifferent to the estimated 3 million unlawful votes cast in 2016 simply because they believe small town America values and the electoral college should acquiesce to the moral degradation and militant activism of urban epicenters like San Francisco, Los Angeles or Chicago. Considering California alone accounted for over 10% of Hillary Clinton's final vote total, a 3.4 million difference that exceeded her 2.86 million final popular vote lead, I'm confused as to how those Donald Trump supporters representing over 90% of American territory - or precisely 3,084 counties of all 3,141 U.S. counties - should take a knee with Colin Kaepernick to empower a regressive state that dismisses the rule of law, mocks rural America and remains visibly contentious towards any concept of electoral sovereignty.
There’s also another term for those politicians who willingly subvert the immigration process and disregard our voting statutes to their personal and civic benefit? It’s called sedition, dereliction of duty, treason. If I may, when did defiant trespassers become “Dreamers” and doorbells a humanitarian crisis? Have millions of aspiring Americans from across the globe, for well over a century, not honored the afforded requirements for securing the privilege of becoming a U.S. citizen? Conspiring to invalidate prescribed protocols ratified to ensure legal and orderly naturalization – those measures explicitly enacted to protect America’s citizens and welfare - makes about as much sense as giving convicted felons the right to vote because of “felon disenfranchisement”; i.e., the admitted hearsay of political opportunists salivating over the fact 60% of released California convicts are minorities who deserve the opportunity to vote Democrat.
The same bureaucratic terrorists who forced 53 dairy farmers to go bankrupt and/or relocate to saner pastures due to absurd regulations on cow farts are somehow entirely satisfied with the unsubstantiated word of an undocumented, unvetted immigrant. Surprised? Not unless logic and liberalism share a nonflammable unitard. And while peace activists remain adamant U.S. citizens must undergo extensive background checks to exercise their constitutionally affirmed right to bear arms – naturally excluding those potential militants illegally entering a sovereign country in a post 9/11 world – their unflinching “non-partisan concern” for human life magically ceases at the recognized borders of radical agents like Iran and North Korea; inhumane, totalitarian regimes that globalists duplicitously believe possess an inalienable right to develop nuclear weapons despite vowing daily to destroy Western Civilization. So what’s the common denominator? Rampant, unabridged, unapologetic anti-Americanism.
When voting is no longer our most sacred duty and the integrity of our elections becomes a racist endeavor, as denoted by California’s refusal to investigate massive vote fraud uncovered in November, America becomes a second class citizen unable to defend itself in its own home due to fear of “offending” the same guests who would outlaw our flag, silence free speech and ban the national anthem if given only a fleeting chance. In essence, any policy that strengthens or reaffirms America’s independence, influence and economic vitality is an affront to the liberal narrative America must surrender its identity and founding Constitutional charter for being an evil empire built upon greed and White supremacy. Or in historically accurate terms, a superior culture displacing an ethnocentric population which supplanted other nomadic societies via the auspices of war, commerce, adaptability and/or technological superiority. Whereas California and New York are hopelessly lost to the left’s orchestrated demographic coup d’etat and ideological conditioning of their respective populaces, states like Virginia, Colorado, and Michigan are not far behind.
Regardless of one’s political persuasion, you don’t have to be a historian or even watch the History channel to understand America was erected as a free republic for a moral, self-sufficient people acutely aware of the triggers of tyranny, poverty and religious persecution. Individual liberty, limited government, transparency and accountability were never optional amenities on an academic drug trip to worship the Lenin Statue in Marxist Seattle. These autonomous attributes represented conceptual necessities whose only negotiable features were the exact method and expected integrity of implementation.
Unfortunately for the idyllic state of California, squatting on the world’s sixth largest economy and boasting vast untapped natural resources, its propensity for dysfunction and waste is only superseded by its systemic rejection of America itself. Whenever West Coast socialists are not charging working families and commercial transportation the highest fuel taxes in the nation, environmental terrorists who cannot differentiate between ecology and political alarmism are manufacturing water shortages and sparking unnatural disasters with pseudo-scientific regularity. Fixing the error of your naive ways is near impossible when rogue political fantasy displaces sound judgement and the Constitutional authority of your native country. How else can controlled thinning of excessive forestation designed to reduce the risk of uncontrollable wildfires, similar to the recent devastation which devoured 9,000 homes/buildings and 250,000 acres of habitat, be equated to "clear cutting" or raping the land?
It is also of little surprise California elitists, aka doomsday legislators seeking another excuse to tax common sense, believe Global Warming is not a natural, cyclical occurrence predominantly caused by solar fluctuations and the temperature of the Earth's core. Never mind Antarctic ice levels are far greater than 30 years ago and New York is not submerged beneath Al Gore's "unnatural science" grade point average, if you believe a .03 reduction goal in global temperatures in a century's time at an eventual loss of 2.5 trillion in annual GDP is a winning strategy, than counting cow farts and banning combustible engine cars by 2040 is your golden ticket to getting assaulted on Bay Area Rapid Transit for reading 1984 without a permit. But never fret, Sacramento City Council approved a motion to pay gang members for the conscious decision not to kill one another; or in layman's terms, obey the law and stay in school. And to think millions of decent, hard working Americans are ineligible because of their offensive civilized "privilege".
Although it's mathematically impossible to pinpoint exactly what alternative universe California Democrats reside, our Forefathers would have called for a second armed revolution long ago. No, Really! Whether or not progressives approve of President Trump is a moot point if their own policies and authoritative abuse do not adhere to the prescribed constitutional checks of adopted statehood. Likewise, embodying the fight for state sovereignty by no means justifies endeavoring to become like those impoverished, inept nations your exploding illegal immigrant population is instinctively fleeing. It's hard to fathom how the once "Go West" mantra of American pioneers that catapulted California into an unprecedented wave of prosperity, proud nationalism and a vibrant centrifuge for diversity, has dissolved into an immoral state of cultural Marxism that believes government is god, gender is a fluid state of mind, exploitation a form of education, and patriotism an unjust form of racial oppression.
It is obviously no secret the once predominantly “Red” stomping grounds of Ronald Wilson Reagan has been turned bright blue by an unprecedented wave of immigration and indoctrinated anti-Americanism. That was and always has been the goal of the radical statist quo. Where this nation was forged as a beacon of hope and opportunity for millions of law-abiding aspiring citizens seeking a better life, California has descended into counter-intuitive cesspool that preaches victimization over accountability, reverse discrimination over equality, intolerance over intellectual diversity. No matter how pure your intentions or how strong your faith in the nature of human volition, you cannot coexist with partisans so obsessed with maintaining political supremacy they would gladly surrender their own country to those who tirelessly seek our demise or break any rule to control our lives out of some misplaced sense of social justice that gives no such credence to their own failures and hypocrisy; most, notably, those corrupt, foreign governments globalists so foolishly favor to the liquidation of civility and the downfall of mankind.
While no American wants to witness the secession of California, or more profoundly the dissection of America's legacy and the abandonment of our fellow right-minded countrymen who represent the powerless minority, how long can you spare a cancerous appendage before it spreads, poisons your soul and ultimately takes your life? Will apathy reclaim our revisionist classrooms or assuage the sponsored anarchist war on police and freedom of speech? Once again, the left’s goal is not to coexist under the ideological umbrella that was and is America. Their unrelenting mission is to whitewash history, ensure conformity and redefine America by eradicating all borders, natural human distinctions – symbiotic gender roles and the family paradigm - so the concepts of liberty, individual achievement and morality quickly become outdated manifestations that can no longer threaten the secular supremacy of a progressive state. The systemic decay of California is as much a symbol of our failure as a society, as it is a dire warning to every governor and undaunted patriot that still believes God is the liberty of salvation, character does not fear consequence, and raising respectful, responsible children is by far our greatest contribution to humanity; that indomitable virtue of a free nation born from the bounty of a Judeo-Christian seed but distinctly American creed. If this transcendent republic has any chance to coalesce and preserve the timeless wisdom of a handful of visionaries marked for death by the tyranny of a crown's crest, I believe hope resides in the heartland of an industrious people - a summoned Convention of States faithful to independence and the merits of intelligent debate - still rightfully proud of their heritage and ever cognizant of the evil contempt and complacency breeds.
Jeremy Frechette at 1:19 PM Share
submitted by jfrechette1973 to u/jfrechette1973 [link] [comments]

Question on the legality of over seas Binary Option trading?

TL:DR; Guy shows me his balance sheet, he's managed to amass a portfolio of over $100K on "Binary Options". Said he has a 98% success rate and pulls over 5K a month on average. I didn't believe him, he has the data to back this up. Since 1 Jan he's made 8K alone. Kicker is, he say's it's all oversea's and none of the money is taxable.
Questions:
1) Money earned in overseas investments is still earned income, yes?
2) Is Binary Option trading seriously this profitable, or is there something I'm missing?
Longer story:
So this guy in my circle starts humble bragging about his "guaranteed method" (red flag) so I inquire. Turns out he shows me his balance sheet (on a website called myfxbook) and he's managed to amass a small fortune. In 300+ trades he has profited in 98% of them (literally looking at his balance sheet right now.) Sure he has some losses but his NET gains are usually 5K a month. Am I crazy? Is this real life?
He goes on to say it's all oversea's, and that none of it is taxed unless he withdraws his money. He also say's it's not investing, it's "trading with another person" and that the government tried to shut it down for being illegal gambling but it's still allowed.
Can you guys help me make sense of all this?
submitted by Speck72 to investing [link] [comments]

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Binary options have become increasingly popular in the UK, so the question if any profits from this trading method are taxable is pretty much inevitable. Most people who are trading binary options look for a definitive answer, but often it isn’t too easy to reach an acceptable conclusion without consulting a tax advisor. All income derived from binary options trading are taxable no matter if you file it as a business or self employment income. It is classified into a taxable income even if you receive it as a gift from a relative. Are Binary Options Taxable In Canada, The federal tax on your binary options’ earnings are higher compared are binary options taxable in canada to the state tax. diba extra konto karte. CPEPrep Online is the second phase of CPEPrep. In general, binary options are considered gaming, although that is liable to change in the near future. As such taxes on winnings from binary options would fall under the tax code that incorporates gaming. Is binary options considered as a form of gambling or not? This issue borders on taxation. In Europe, digital options are considered as a form of gambling and therefore free from taxation. In Australia, a capital gains tax is charged on market investments, and this will include investing in fixed return option assets.

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how are binary options taxed in uk

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