Life is about to get better for me, but could use some advice

[Lone Wolf83Participant 825]

Greetings gentlemen! I wanted to share the news that I graduated from nursing school a few months ago and today I just found out that I passed my boards! All of the hard work and studying that I have put into this is finally starting to show some results. I realize that while so many doors have opened for me career wise, there is going to be a bigger target on my back. I’m a young guy, but I know not to s~~~ where I sleep.

I have been employed at a hospital for the past 3 years as monitor tech, so I am very familiar with all of my coworkers there. They all seem to think that I would want to keep working there whenever I pass my boards, but I have my own agenda as I want to specialize in dialysis. This position will allow me to be independent and I won’t have to deal with a lot of s~~~ from coworkers and the patients themselves (literally speaking).

I currently live at home with my parents and to be honest, I am perfectly fine with the living conditions. There is no sense of urgency to move out, but I plan on doing so to go my own way. I have no credit card debt and my car is paid off. All that I pay for at the moment is gas, car insurance and cell phone bill. As soon as I start working and saving though is where I am uncertain on what to do with it. Do I save for a house? I’m just not sure how the housing market is nowadays. Only thing I know for certain is that I will never get a girlfriend or have kids (I’m snipped). Any advice would be greatly appreciated!

If it has tits or tires, you know you're going to have problems.

[Jan SobieskiParticipant 28791]

F~~~ yeah.

Great job! Brother.

Have you considered going for a nurse practioner?

Thats the way of the future.

Love is just alimony waiting to happen. Visit mgtow.com.

[FrostByteParticipant 19005]

Sounds like you got it figured out already.

If you rescue a damsel in distress, all you will get is a distressed damsel.

[Anonymous 43]

Good on Ya!

Good plan and God Speed.

[SolidParticipant 7520]

Congratulations ! Great job !

[Back in BlackParticipant 1732]

Save as much money as you can. Look into a fixer up for possible rental property. Do your research.

"Women are directly adapted to act as the nurses and educators of our early childhood, for the simple reason that they themselves are childish, foolish, and short-sighted—in a word, are big children all their lives, something intermediate between the child and the man, who is a man in the strict sense of the word. Consider how a young girl will toy day after day with a child, dance with it and sing to it; and then consider what a man, with the very best intentions in the world, could do in her place.” Quote from Arthur Shopenhauer, 17th century philosopher

[KeymasterKeymaster]

Tremendous news and Im thrilled you have a solid head start on the rest of your life – and you know where you’re headed.

The best news is, with no rent looming, you can now afford to pay yourself first. Before you consider anything else, maximize your IRA every year. It’s a tax free contribution TO YOURSELF. You don’t need to decide today what it’s for, but the sooner you start contributing to it the more you save in taxes, and PAY YOURSELF FIRST.

This year you can put up to $6500 away tax free.
In January, you can put another $6500 away for 2017.
Next January (2018) you can put another $6500 away.

That’s already $19,500 tax-free savings you socked away within the next 15 months!! Holy s~~~! Right?

Start at least doing that as early in your life as you can. MAX YOUR IRA. You can decide later what to do with the money, but if they are gonna make you pay taxes, don’t you dare let them take a single dime more than they have to.

By paying yourself $6500 this year, you’re avoiding paying at least $2500-$3000 of that in taxes – which you will never see again anyway. By maxing your IRA, you get to keep that! And the beauty is, you’re taking that money out of the purses of single mothers everywhere and putting it into your OWN pocket instead.

Since you’re not paying rent right now, pay yourself first instead.

Whatever motivates you, man. Keep your head on right.
So far, so good.

If you keep doing what you've always done... you're gonna keep getting what you always got.

[Buller100Participant 2189]

Lone Wolf83 wrote:

Greetings gentlemen! I wanted to share the news that I graduated from nursing school a few months ago and today I just found out that I passed my boards! All of the hard work and studying that I have put into this is finally starting to show some results. I realize that while so many doors have opened for me career wise, there is going to be a bigger target on my back. I’m a young guy, but I know not to s~~~ where I sleep.

I have been employed at a hospital for the past 3 years as monitor tech, so I am very familiar with all of my coworkers there. They all seem to think that I would want to keep working there whenever I pass my boards, but I have my own agenda as I want to specialize in dialysis. This position will allow me to be independent and I won’t have to deal with a lot of s~~~ from coworkers and the patients themselves (literally speaking).

I currently live at home with my parents and to be honest, I am perfectly fine with the living conditions. There is no sense of urgency to move out, but I plan on doing so to go my own way. I have no credit card debt and my car is paid off. All that I pay for at the moment is gas, car insurance and cell phone bill. As soon as I start working and saving though is where I am uncertain on what to do with it. Do I save for a house? I’m just not sure how the housing market is nowadays. Only thing I know for certain is that I will never get a girlfriend or have kids (I’m snipped). Any advice would be greatly appreciated!

I would say save and invest as much as you can, if you and your folks are happy with you living there, as back to back said if you can get a rental place you like with rental income and earnings you will build equity real quick.

[survivorParticipant 610]

Set yourself a personal savings goal.
Nothing beats cold hard moola stashed away just for you. You can set your own goal: $5, 000 is a good number. On top of that as KM said max out your retirement. After that then set out on your own. And certainly take your parents out for a nice steak dinner at some high end restaurant to thank them for all they have done for you to make this momentous achievement possible. But it is up to you in the end.

"Shot through the heart, and you're to blame, You give love a bad name, I play my part and you play your game, You give love a bad name."--Bon Jovi

[Anonymous 0]

My advice:
Buy precious metals. Gold, Silver, Platinum.
Not precious metals shares, the real physical coin.
We have often heard it said that real estate is as good as gold.
To me that means gold is as good as real estate.
Do your due diligence and make up your own mind.

[<<>>Participant 435]

I’m so glad to hear you have a skill that you can take with you congrats. My only advice would be to save as much money as you can and spend as little as you can that way if anything ever comes up you are covered. Something that seems to never loose value is land you would do well to invest in that rather than a house. Houses collect stuff, stuff has no value houses are not easy to leave for indefinite amounts of time land just sits and accumulates value. I would take this skill abroad and see the world while you still can. Enjoy yourself. There is no rush for those who invest wisely.

[KimmurielParticipant 480]

Congratulations. You’ve got a good head on your shoulders.

1. Keep your good fortune and situation to yourself

2. Save and build what some would call “F~~~ you $” which is the concept that should you get in a position that is compromising, you can say “F~~~ You” and walk away.

"You meet a few exceedingly forsaken, Sit around the cooler refusing domestication" Aesop Rock

[kythesisParticipant 17]

What to do with excess cash, great problem to have. It really depends on your goals. My goals is to retire early and then do whatever the f~~~ I want, basically I want my freedom and financial security is the path. If you share that goal, know that it isn’t really that hard to obtain and you’re actually in a PRIME position to nail it quick, probably well within 10 years. Keymaster is basically pointing out what I’ve been doing which is maxing out my retirement accounts. Open a Vanguard traditional IRA account with low expense ratio index funds. There’s also rental properties if you’re ambitious.

If you want your own space renting is almost always cheaper than owning a home even in the long run. If owning a home is your goal, nothing wrong with that(I own a home), but it will take longer to be able to retire. The earlier you start stashing large amounts of cash into investments, the earlier you can retire(because of compounding interest).

[Lone Wolf83Participant 825]

I just wanted to say thanks for all of the advice shared here as I will surely put it into motion. I am forever grateful for all the wisdom found on this wonderful forum.

If it has tits or tires, you know you're going to have problems.

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