Anthony
Appearances
The Basement Yard
#491 - Joe's Birthday Episode
Wait, that's an expression? Like you sold me a lemon? Yeah.
The Basement Yard
#491 - Joe's Birthday Episode
Sometimes I send them to the merch store. Okay. Sometimes.
The Basement Yard
#491 - Joe's Birthday Episode
Oh, the veins. I see the veins. So what they did was they put food sources on the specific cities that they want the trains to go to, and then they used the fungus to map the best way to those food sources, a.k.a. cities, and they used that. That is unbelievable.
The Basement Yard
#491 - Joe's Birthday Episode
What'd you get that for me for Christmas or something? It was a cranberry wine.
The Basement Yard
#491 - Joe's Birthday Episode
A horse horn? No, bad one? No, it sounds like your horses are coming towards you with a horse horn.
The Ramsey Show
Be the Tortoise Not the Hare
Great. So I graduated undergraduate about four years ago, and I've been working in consulting ever since. And I've just been treating Bitcoin as like a savings account, just kind of dollar cost averaging into it for a decent amount of time now. And I'm contemplating if I should, you know, pull out and reconsider long-term savings strategy or continue down this road.
The Ramsey Show
Be the Tortoise Not the Hare
No, I don't have a savings account, but I have like a 401k, but this is like the majority of my savings.
The Ramsey Show
Be the Tortoise Not the Hare
I have about $70,000 in student loans, federal and state combined. How much do you have in Bitcoin? Probably over $200,000.
The Ramsey Show
Be the Tortoise Not the Hare
I don't know. I think It's kind of like if it's not broke, don't fix it. I understand. It's definitely volatile, and I've experienced a lot of psychological, what's the word, ups and downs.
The Ramsey Show
Be the Tortoise Not the Hare
Yeah, exactly. Yeah, psychosis. But the last four years, all I've done is dollar cost average and effectively outperformed every hedge fund on planet Earth. So it's like, I see what you're saying, I guess having all your eggs in one basket sort of argument.
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
Mr. Dave, hey, thank you for having me on. Sure, what's up? Well, I have a question. I am currently on a plan right now to pay off my house in the next 20 months. Every penny that we've saved, we've dumped into this house, we've made extra payments, and we are currently looking at kind of the end of our mortgage, which is so satisfying. Wonderful. It is.
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
My question, though, is my company offers a 403B and a 457B. And I'd like to start maxing those out instead of my house payment. But someone told me that, you know, when I'm ready to retire 15 or 20 years from now, I'm going to get hit with so many, this big balloon, we've hired minimum distribution payment that it's not worth investing in just those accounts. I should look at something different.
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
I'm just wondering what your advice would be on that. How old are you? I'm 49. Oh, good. What do you make? I make about 120. My wife makes about 250. Okay.
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
My wife does. Yeah, we have two Roths. We each have our own. We've got probably 70,000 on our Roth. I currently have about 80,000 in my 403B. Does your 403B have a Roth option?
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
Now that I know it, we haven't double-checked that.
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
Okay, and I'm nervous about getting hit with this if we stay with a 457, a 403B, and a 401A. Well, here's the thing.
The Ramsey Show
If You're Intentional With Money, You Can Win With Money
And do I do that after I retire?