Long/Nose
Serial Serious Replyer
tempest 1yr ago#5033823
spent 0 currency on pings
The exchange rate has cut my usd converted salary by 40% over two years so I haven't been able to put anything in my Roth. I'm hoping you guys burn too.
Long/Nose
Serial Serious Replyer
tempest 1yr ago#5034130
spent 0 currency on pings
If I invest locally the us can demand huge tax penalties on "passive foreign investment"s so I try to avoid it. If I go back to the US it's still really important to maintain investments for retirement so I was trying to max it anyways, especially in tax exempt account types
As long as the US taxes some amount of your income you're still eligible for contributions.
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
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Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
I am looking for a mod who will help me grow this place and encourage the facebook community where the majoryity of our members reside
to migrate. Contact me if interested.
I really do love you all so very much, i'm even spending drama coin to get some banners and marseys. thanks for being a part of the community.
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meanwhile my income went up more than 10.22% since last year.
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Yeah a crash would unironically net me a huge bonus so I'm kinda rooting for it lmao
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The exchange rate has cut my usd converted salary by 40% over two years so I haven't been able to put anything in my Roth. I'm hoping you guys burn too.
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Expat? Weird to get paid in not USD but still contribute to a Roth.
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If I invest locally the us can demand huge tax penalties on "passive foreign investment"s so I try to avoid it. If I go back to the US it's still really important to maintain investments for retirement so I was trying to max it anyways, especially in tax exempt account types
As long as the US taxes some amount of your income you're still eligible for contributions.
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Yeah I figured that would be it. Don't you get some sort of large foreign income exemption though, like first $100k or something?
tbh if you're working for a US based company just demand bigger raises lmao
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Yes
...But I don't use it all I just have a very small amount of US based income from a side gig which gives me my excuse.
I wish I was working for a US based company those military dudes down in Yokosuka are going so fricking hard on weekends it's insane
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