/biz/ - Business & Finance

>>53659093
More money I guess? I am basically on the lower end of what a mechanical engineer makes since I'm not in a field that requires engineering. I make $66k. That's enough to live, pay my student debt, but I'll never really advance too far. Considering I had seven figures at the top I feel silly now but yeah. At this amount, it just isn't quite enough to "get ahead" you know what I mean? I'm slated to earn probably closer to ~76k+ this year I imagine after my raise and bonus whatever that winds up being, but for a 28 year old engineer, kind of lackluster given col in my state is rough. And I have no advancement opportunities here unless I wanna just be a manager (and then they'd probably force me back into my cagie). And desu anyday now I could just get canned or forced back by power tripping corporate niggers.

Taking this time of stability to fix my health and use my insurance first, will probably slowly learn to code. I wanted to pivot into electrical engineering and do more with micro controllers I think

>1 in 5 chance of a soft landing, bottom is in
>1 in 5 chance of a hard landing that will be one for the books in terms of economic disaster (S&P below 3k)
>3 in 5 chance of a moderate, short lived recession as tech adjusts to the new monetary policy (retest our bottoms, no lower than 3300)
What do you guys think? I think inflation will be sticky but I'm becoming increasingly skeptical of this mass economic disaster. Inflation is coming under control, tech is adjusting to the end of free money, and it seems that consumers have beem fucked enough. Everyday that the S&P crabs around this 200MA is another day that I just really doubt this OH MAN BIG ECONOMIC RECESSION S&P IS FUCKED narrative is happening. I hate to parrot this but there are far too many retards calling for catastrophe. I think one is in the books but more because of an energy shortage and that could really go either way. It's got similar vibes to everyone who shilled the covid crash as never ending or goldfags convincing you hyperinflation was here and you need to buy the top of gold to be protected.

>>52549858
I think there's a good chance we are in panic and the final capitulation is close

Nah I make about 70k before taxes. Sucks shit but I pull in about 3600/mo after taxes and benefits and I contribute to my 401k. Could be worse

Unironically this is a short squeeze. I have a hard time believing crypto has bottomed out while stocks bleed and the fed is still hiking rates like mad. If I'm wrong so be it but I'd rather be wrong and miss out on gains than buy before the bottom is in because who in the actual fuck knows how long we crsb