Quote:
Originally Posted by WiCane
Love the thread and your updates. Obviously do what is best for you but people, like me, out there that really enjoy the thread.
Fair enough and thanks. I was pretty tilted last night so I'll just go on as planned until the ASB, tho I might post more after I get up the next day. I think that will be more convenient.
I don't post much about my personal life in this thread, or anywhere on the internet for that matter. I've made some financial decisions over the last few weeks that might shine a better light on why this recent runbad is getting to me so much.
1 Taxes- So I didn't pay quarterly last year and the penalty was so small I didn't care and didn't plan on paying quarterly this year. Of course the taxes you're supposed to send in are based on the year before's earnings. That's why my penalty was small for 2015, would be a lot more for 16, like 5 or 6 times as much. But still, I didn't much care as it's impossible to know what I'm going to make year to year at this and I knew I wouldn't be making a dime in Q1 as my sports don't run then. I was forced to rethink this once I was up a lot by mid-May, why pay the penalty for nothing? So I withdrew the full years worth of quarterly payments from paypal, sent in Q1 a little late, waited a week or 2 and sent in Q2. This was a sound business decision no doubt but it was also kind of an unexpected bill, 4 big ones actually.
2 Vacation- I've been too busy or too broke most of my adult life to do much vacationing, any vacationing really. I was 100% going to Vegas for a couple weeks this last Jan, then they ****ed around and banned DFS. I'd rather gouge out my eyes and flush em down the toilet than give those rat ****ing P'sOS a penny, so that was that. I had been thinking more and more about Miami and by the end of May I figured the time to talk about it was over, did a ton of research (decided on Fort Myers Beach BTW) and booked the month Jan 3- Feb 2. I wouldn't undo this for anything but it's going to cost about $10K.
3 Car- My 01 Ford Focus finally succumbed to old age and the absolute ****ing beating I put on her year in and year out. 5 years worth of super reliable transpo for $2700, RIP Betsy. I wasn't buying another $2700 car. It was between a new Focus and a used (like new though, as they say) Explorer. I went with the Explorer, better for the beach I figured
So long story short my -$16K downswing came right as I'm spending, or planning to spend around $60K that I wasn't really planning to spend a few weeks ago. I mean I was going to go somewhere in Jan and I would have had to pay taxes eventually (hopefully
) the timing of all this just hasn't lined up very well.
The bankroll is sound, and I'm not too proud to move down, so it should remain sound, even if this keeps up awhile. Also, I think I deserved some salary (didn't take much except for the bare min +taxes last year) but I felt a lot better about $47K just sitting there as backup than I do the current $7K, esp with my main account shrinking every - single - day.
That's probably way more than I should have posted and likely way more than anyone would care to read. I'm pretty stressed out and I think that explains it pretty well. Last night was the first time DFS has kept me up at night, I couldn't shake it. I ****ing hate that ****, hopefully first and last time.