/biz/ - Business & Finance

because the boomer is wise from experience and carries with him zen-like patience and understanding

look at that fudgy guy
he already been through so much stuff
now he just know simple things in life matter and am hard mofo

>>10584486
The boomer is eternal and always at peace.

He has a 500k 401k from great returns in the market back then and drawing social security

>>10584504
>>10584505
>>10584507
this, the boomer is unironically going to make it

>>10584634
how the fuck do you get 500k in your 401k after working to only 30 years old

>>10584673
if your job gives you 401k, you only need to add 99k to it, seems doable over a 30 year period. Only $275/mo and then youll hit 500k.

>>10584673
if you assume your investment approximately doubles after 10 years and your employer matches some amount, it's actually not that much if you have a strong white collar major and be a good wagecuck

>>10584720
Oh No

>>10584486
huh, i know exactly where that piece of graffiti is. i walk by it when i go and pick up fresh greens from the market.

>>10584689
>30 year period
He is 30 years old. He worked as a newborn?

>>10584720
Is that one of the Bogdanoffs in disguise? The 30 year old boomer was a Bog all this time, mind blown.

>>10584504
/thread

>>10584673
The 401k contribution limit is $54,000. Easily doable with modest growth.

>>10585181
>all those people who will try to correct you by saying it's $18.5k

>>10584504
blissful ignorance rather than blissful enlightenment.
boomers of all ages think things will be the same or better, forever.
anything negative or counter to the view is just dismissed out of hand regardless of reality

>>10584486

He's too fucking cool man, just look at him...I wish I was half as cool.

>>10585197

>>10584486
No one over 30 has a soul anymore. They're just robots.

t. 32

>>10584486
because he holds a diversified portfolio of solid coins with some dividend coins and never sells.

>>10585197

>>10584486
Boomer doesn't trade, he just invests. He buys his precious metals and blue chips, and goes long on companies he know will show growth.

Even when those stocks show some bearish potential, he either shrugs and cuts his losses, or he simply buys the dip and doubles down, knowing that in 4 or 5 years the economy will recover. He doesn't entertain get rich quick schemes, and doesn't invest with money he can't afford to lose.

>>10584673
You just need a firm handshake

>>10585204
this.
look at that smile

>>10584486
He's content with his life and never invested more than he could lose.

>>10585197
Explain this

>>10584673
i dunno but im at like 120k.
im going to make it

>>10585197
>>10585181
wut?

>>10586552
When his stock dropped 0.2% in 3 months

>>10584486
He has risen beyond such emotions. If he were depicted pink/red, it wouldn't be correct.

>>10584507
>that neck
Boomer-san is a /fit/boi.

>>10586843
>goes up by 1% the next day

>>10585056
Where is it?

>>10584655
boomer already made it
he just mows his lawn, grills some steak and collects the rent

>>10584486
The 30 yr old boomer is unironically chill as fuck. He is the most based guy you will ever meet. You can only hope to become as zen as the 30 yr old boomer.

>>10584486
He's only ever grey and white... like his hair is turning.

>>10585694
>>10586552
You do have a side business pulling in $55k in 2018, right?

https://investor.vanguard.com/what-we-offer/small-business/individual-401k