Thank you for your advice. Sounds like the only option to do.

So it makes no sense to eat 9k to avoid a chance at spending 4k.

Let's say the car has a 25% chance of the transmission going out.

You have an expected gain of 8k by keeping the car and expected loss of 8k by getting rid of it.

This isn't always the best way to frame situations, especially if the loss is catastrophic (for example say you have a 1% chance at a 500k loss) but since the loss in this case is less than what you are spending up front to avoid it, it makes no sense to do so.

This is like paying 1000 dollars a month to insure something that is worth 5000 dollars.

Thank you so much!

Totally agree with you and sorry I wasn't clear.

The 8400 per month is after fixed expenses but doesn't include the unfixed expenses: groceries, kid stuff, restaurants, travel, vacations, gifts for family/friends, weddings, clothing, etc.

Re: one car vs 2, we used to be able to be on a WFH/hybrid work schedule but now I have to go back into the office.

You gotta factor in the standard deduction. Your rate is basically at 12%

They already did push it on me. I’m single, 22 years old, and no dependents. I should cancel. I realize that I’ve been ripped off..

Ally

Last one you posted before you changed it.

Gotcha, sorry! Your question didn't indicate you knew the issue was that I didn't have access.

It's been different on different occasions. Today it was "you've been locked out for security reasons". All it asked for was name address and ssn (so nothing that could be incorrect as I haven't moved) and this is the first time I've tried in months so it's not like I should have been kicked out... it asked more questions the first time (when I didn't have credit yet) but hasn't asked them since

[deleted]

It's been a long time since I rented, but I recall my leases saying something like "One year lease at $12,000 to be paid in monthly $1,000 installments". That would almost make sense.

I know recently some tenant rights groups have been pushing for paying rent on time to be reflected in credit scores.

Definitely enough to get me through until the divorce settlement. I am afraid I may have burned my bridges regarding getting another job in my profession, but at some point I will be looking for a lower stress and likely lower paying job.

[removed]

>More tax efficient

No it isn't, since this is an IRA. Taxes don't matter.

>better diversification

Only better than VFIAX. Worse than the TDF. The TDF fully includes VTSAX, as well as VTIAX, and VBTLX, and VTABX.

>lower expense ratio

At the cost of diversification.

No I think it also adjusted us on the risk algorithm.

I think they assume someone who owns the car outright is more responsible?

Edit for clarification: We kept our same level of insurance but our premiums went down a bit.

Oh then the numbers check out. $4800 * .12 / 12 is about $48 less in tax a month.

They didn't just decide it, they report your balance on probably the same day every month, slight changes with some holidays possibly. Typically it's your statement balance, did you pay off your card before the statement posted?

car and home paid off, I live a pretty modest lifestyle, in Chicago suburbs

Thank you! This answered my question

No, the new transmission is like 3-4K.

A thought... most public companies have an "Investor Services" webpage. Go there and see if they have a sub-page dealing with people holding stock in "company A."

Do you have enough money liquid (or that can become liquid) to support yourself for the foreseeable future?

[deleted]

How do you only average $1000 left over a month? Your math in the OP shows you should have more like $8400 a month left. OR were you giving us gross income?

Respectfully it doesn't sound like you guys really know where your money is going currently. That's step one of figuring out what you can comfortably afford.

Personally, I wouldn't try to use all your remaining money, I would want a buffer. It's never a great approach to buying a new car or house by looking at what's the maximum amount of car/house can I afford. Given your username, income, and description of where you are, go buy a Model Y and call it good, you an very easily afford it and should fit right in. I'm unsure why your model 3 doesn't work from your thread 5 months ago. Lots of people in history have gotten by with a sedan and 1 kid.

>Who's issuing the cash payments? I'm asking about the Aug 2022 payout.

A third party bank that handled the sale/merger called PNC Financial Services

>but it's not clear where that 400 came from.

Yeah the other person I know who was invested in the company doesn't know either. I still have the paperwork from the $400 payment and it just says:

"REMITTANCE DETAILS

This payment has been issued as as part of the transaction below:

Company B - Company A"

>Unless they formed a partnership

Company B bought Company A outright, their operations are being integrated into Company Bs and company A "no longer exists" it's employees were absorbed into Company Bs or terminated