DGI For The DIY

[fenders53]

(04-16-2021, 07:04 PM)ChadR Wrote:

(04-14-2021, 06:21 PM)fenders53 Wrote:

(04-13-2021, 02:50 PM)ChadR Wrote:

(04-13-2021, 09:48 AM)fenders53 Wrote: [quote pid='25240' dateline='1618323714']
[quote pid='25236' dateline='1618322710']
 

On a side note I tell my daughter I am leaving her a sizeable portfolio.  What year she can legally access it depend a lot on how she manages her personal finances.  I will make good on that threat.  I tell her the "Cat Foundation" is always looking for donations if she doesn't heed my warnings lol.  Now I need to find an actual Cat charity and will them $1K so I don't wreck a good 20 year joke.  She isn't all that fond of cats lol.

Stardust Kitten Club is a cat charity that you can give to so you don't have to wreck the good joke.

And two days later it occurs to me this might be a Vegas Strip Joint so I had to look it up. 

Sorry for not trusting you Chad lol.

Daughter just sent my her 401K cash out check from her last job.  Small fatherhood victories!  I am going to start her first IRA tonight.  Schwab I think because they do partial shares in S&P500 companies.   Sorry for hijacking your thread Eric.
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Don't worry about it.  And yes it does sound like a Vegas Strip Joint.  It is in Cancun and it is helped run by a friend of mine.  Check them out of FB, they usually post videos of the kittens.  Show your daughter the videos to help keep her on the straight and narrow.  And congrats on getting her to rollover her old 401k to an IRA and not blowing it on something stupid.  Great fatherhood victory.
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I think you mentioned this charity sometime back now that you mention it.  She did indeed think up a few things she needed to spend her 401K cash out on.  I told her the IRS would take half of it after penalties.  That's not quite accurate at her income level but it is a certainty she will change jobs several times in the next ten years. I want her get in the habit of starting a 401K each time.  She has one helluva a work ethic and works too many hours at several jobs.  She's done that for years so she can buy things she doesn't really need.  She is young and I could have a worse problem.  This is fine as long as she saves some.  I have lived frugal enough and have the ability to trim years off her working life if she cooperates at all.  I can also leave my younger sister in charge if she is incapable of managing money.  Those are conversations for the near future.