LPT: A trick to making good decisions: pick the option that will make life easier in the long term even if it makes life difficult in the short term Often one struggles to decide between competing paths or options, not knowing how to assign appropriate weightage. Having a little longer term perspective can be very helpful when it comes to this. Decision making is inherently an emotional process. As we know from neuroscience these days. The default instant gratification circuit in the brain c…

Term Life Insurance Quick Policy vs Long Term Policy I’ve heard a lot of how whole life isn’t worth in long term, mostly from my years of listening to Dave Ramsey. So if you have a problem argument for that I’d be curious. For the most part. I’m 42 and no direct dependents. But I want to get something for final expenses and prices and nephews. A few close friends. But I wish wash on it and haven…

Trademarked Generic Term – it worked?! I sell a product on Amazon, let’s call it a Tabletop Salt Shaker. About 6 months ago, I came up with the not so novel idea to try and trademark the name “Tabletop” for salt shakers. Somehow, it got approved. Will I really be able to take down all of the other shakers using the word “Tabletop” in their description because this will be my trademar…

Short term and Long term capital gains on statement when I didn’t sell In May of this year I did an in-kind transfer of some mutual fund holdings (Black Rock BMCAX and Templeton TEMFX) from LPL Financial to Vanguard to consolidate my investments. These are from an inheritance and eventually I plan to divest from these funds and place the proceeds into low cost index funds (once I figure out the cost basis for taxes…

What did you do after your long term trip was over? Im about to go live my long time dream – drop everything, sell most of my belongings, quit my job and travel the world for a year or two. Im curious for those who have done it. When it was all over did you go back to your old life or did you change course? Im leaving behind a corporate career that I find no passion in and not sure if I would wa…

Short term investment Hi everyone, I have 20k for short term investment, just looking for ideas on what to invest in for most possible profit regardless of risk I was thinking just buying 20k worth of bitcoin and leaving it sit there for a few months any alternative ideas would be greatly appreciated TIA submitted by /u/FamousDevelopment594

Is there a makeup term for “TIRED Looks”? Im talking like “Milk Man” from thats not my neighbour type. Like is there a term for make up look that gives off tired vibes but looks good?? Im not a makeup person but im aiming for a similar vibe if i wanna cosplay and such. But I dont think its goth level of darkness just “Tired”?? submitted by /u/InihawNaTubig

Would parking a life insurance payout in a US Treasury ETF be the best plan in the short term while we figure out longer term plans for my mom? Dad unfortunately died recently and left about $2m in life insurance to my mom. My siblings suggested parking it in a high yield savings account but figured the US Treasury ETFs would be more prudent as the yields are higher and she’ll save on no state income tax and as long as the Fed doesn’t go belly up anytime soon it will be 100% risk free. …

Is it better to use long-term capital losses to offset ordinary income rather than long-term capital gains? I have around $16k long-term capital gains from a sale of a stock. I’m considering selling other stocks to accumulate long-term capital losses of $5k. However, my effective tax rate is ~18% while my long-term capital gains tax rate is 15%. In my position, it seems more advantageous to use capital losses to offset income rather than gains? If s…

Long-Term Travelling with Medication So I’m about to leave for a 6 month period of international travel, and have a few questions regarding prescription medications. I am on quite a lot of medication and will need to bring my full 6 month supply with me. I have a letter from my psychiatrist, as well as a copy of the script, and the receipt from the pharmacy. I’m travelling to Ita…

LPT Request: How to think more about long term goals instead of short term? A bit of context, I’m soon to be 31 and still have no idea what I want from life. I’m overweight and need to get in shape. I make plans for the future but get bored with the idea quickly and never think about them again. Some days I want to go back to school, other days I want to move halfway across the country and start again. I’m in a dead end…

LPT Request: How to stop favoring short term dopamine boosts over long term goals Now this is not a work/school related post, I generally don’t have any major problems with procrastination or meeting deadlines. I’m structured in how I work and get things done when they are expected of me. However, in my personal life I always seem to put off things I want to do in favor of playing videogames, watching movies or scrolling on s…

LPT: If working in the US and you have access to benefits, always elect for short term and long term disability insurance. You never know what accident or illness could happen and these benefits will make sure you have some sort of income during your recovery. submitted by /u/terranovaseason2