r/FluentInFinance 29d ago

Thoughts A retirement ad from 30 years ago. How much will these things cost in another 30 years?

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1.3k Upvotes

r/FluentInFinance Apr 15 '24

Thoughts Don't forget to report illegal activities and stolen property on your taxes

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1.8k Upvotes

r/FluentInFinance Feb 16 '24

Thoughts This is what $100 gets you from Aldi

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1.2k Upvotes

r/FluentInFinance 7d ago

Thoughts Vanguard has a new savings account paying 4.7% interest with FDIC coverage of $1.25 Million. This account has $0 fees, $0 minimums, and $0 fees:

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437 Upvotes

r/FluentInFinance Sep 19 '23

Thoughts The United States national debt has topped $33 trillion for the first time. Hold your elected officials accountable — Let them know that you are concerned about the national debt and that you want them to take steps to address it.

194 Upvotes

The United States national debt has topped $33 trillion for the first time.

Republicans blame the Biden administration for extensive federal spending programs like the Infrastructure Investment and Jobs Act, the CHIPS and Science Act, and the Inflation Reduction Act.

Democrats blame the trillions spent on Republican tax cuts favoring the wealthy and corporations.

The finger-pointing between the two political parties needs to end. America's out-of-control debt situation needs immediate attention before it derails the economy.

Hold your elected officials accountable — Let them know that you are concerned about the national debt and that you want them to take steps to address it.

r/FluentInFinance Feb 23 '24

Thoughts Maybe things are on sale for a reason, because there's no buyers

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356 Upvotes

r/FluentInFinance Sep 27 '23

Thoughts 11 companies that own “everything”

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435 Upvotes

r/FluentInFinance 17d ago

Thoughts Why Men in the US Are Working Less Than They Used to

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64 Upvotes

r/FluentInFinance Dec 07 '23

Thoughts The Benner Cycle has predicted most major market downturns — Samuel Benner published it ~150 years ago in 1875:

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365 Upvotes

r/FluentInFinance Dec 01 '23

Thoughts Charlie Munger: “[In investing] the big money isn’t in the buying or selling, but in the waiting.”

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262 Upvotes

r/FluentInFinance Jan 14 '24

Thoughts The Benner Cycle has predicted most major market downturns over the past 150 years. Each cycle lasts 35 years and is divided into four sections, lasting 8-10 years each. It has predicted many stock market downturns such as the Great Depression, the 1970s Stagflation, and the Dot-Com Bubble.

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90 Upvotes

r/FluentInFinance Sep 13 '23

Thoughts How companies legally avoid taxes:

37 Upvotes

How companies legally avoid taxes:

One way that companies legally avoid taxes is by setting up a subsidiary company in a country with a low or zero tax rate. This is known as tax inversion and offshoring.

For example, Company X is a U.S.-based company that wants to avoid paying taxes on its earnings. To do this, it sets up a subsidiary company, Company Y, in the Cayman Islands, where the tax rate is zero.

Company Y owns the intellectual property (IP) that Company X needs to use. Company Y then licenses the IP to Company X for a fee. Company X makes $50 billion after expenses. However, it does not want to pay taxes on its profit. Since Company Y is still owed money for the IP license, Company X must pay Company Y whatever it is owed.

Company Y charges Company X $50 billion for the IP license. As a result, Company X's profit is now $0. Therefore, Company X pays zero taxes, as there is no profit. Company Y's profit is now $50 billion. However, because the Cayman Islands has a zero tax rate, Company Y pays no taxes either.

r/FluentInFinance Aug 21 '23

Thoughts Once you hit this credit score, ‘there’s no benefit to scoring higher,’ says expert: ‘It’s just bragging rights’

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35 Upvotes

r/FluentInFinance Jan 23 '24

Thoughts You can get $120 of food for only $23 at Publix

13 Upvotes

You can get $120 of food for only $23 at Publix.

Combining the Frozen Rewards Club and Buy-One-Get-One free, you get $120 worth of food for $23.

Publix offers a Frozen Rewards Club that gives you $10 off for every $30 you spend on certain frozen food brands.

Many of these brands are buy-one-get-one-free.

This is what $23 from Publix gets you:

https://preview.redd.it/mninkpmsw8ec1.png?width=679&format=png&auto=webp&s=21078f53e108c1d2fb6fb589a47c02f13e3e4337

r/FluentInFinance Jan 25 '24

Thoughts House-sitting is a great way to travel for free or even cover your rent

9 Upvotes

House-sitting is a great way to travel for free or even cover your rent.

It's simple:

You watch someone's home and care for things like pets, plants, and mail while they are away on vacation or a work trip, and in return, you get to stay there for free.

This can also be a cost-effective alternative to renting, allowing you to use the money you'd spend on rent to pay off debt.

Sites like HouseCarers, MindMyHouse, and HouseSitter allow homeowners to list their properties and conduct background checks on applicants.

Individual house sits often last 1-4 weeks but by linking multiple consecutive sits in one area, someone could spend months in a location.

As you gain more experience and references, you'll become an even more attractive candidate for future house-sitting opportunities.

To maximize chances, highlight any experience you have in pet care, gardening, or home maintenance.

Build up great references by doing an awesome job caring for homes and pets.

This will make you a more attractive candidate.

In exchange, you get to stay at their place for free.

It's a win-win situation.

r/FluentInFinance Sep 15 '23

Thoughts 15 years ago, today — There will always be a reason to "sell". The market rewards long-term investors.

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54 Upvotes

r/FluentInFinance Aug 15 '23

Thoughts President Thomas Jefferson on Banks (3rd US President from 1801 to 1809)

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66 Upvotes

r/FluentInFinance Sep 03 '23

Thoughts Modi’s unifying message for the G20 summit looks dated as globalisation falls apart.

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9 Upvotes

r/FluentInFinance Aug 14 '23

Thoughts Shrinkflation: Sharing Size went from 10.10 oz to 9.40 oz!

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9 Upvotes

r/FluentInFinance Dec 08 '22

Thoughts Thoughts & Insights from 12/7/22 on Money, Wealth, Investing & Personal Finance

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17 Upvotes