/biz/ - Business & Finance

>24
>548 COMB Tokens

29

12k in stocks

>>19829639
>24
>have 10k puts on BA
>so 180k in net worth

>>19829639
>24
>1.5 btc

>>19829639
>>25
>>tfw 720,000 net worth

>31
>100k jew paper
>tfw no gf

>30
>married, deeply in love, living in boomer parents’ second house rent-free

>>19829639
>25
>€66k
I wish I wasn't europoor

>>19829639
> 23
> only $1.3MM

>>19829639
How did you do it? Teach me senpai.

>>19829639
>8
>only $52,3MM

feelsbadman

>>19829677
nice
>>19829639
OP is fake and gay
>>19829682
hmmmm
>>19829688
hmmmmmmmm
>>19829702
hmmmmmmmmmmmmmmmmmmm

>>19829738
Also nice

>>19829639
>25
$1.2mil
>now 29
$46k

Don’t give it back anon, be smart

> 28
> 350k USD
Most of it is in broad market ETFs, but a chunk is saving for a down-payment. tbd on whether it's a personal home or a multiplex that I rent out.

>28
>10k Link Stack
>11k in Savings
>9k in 401k

> 30
> $50k

Not great but not bad. I barely spend at all so now that I have a good job I expect to have at least a million or two by the time I retire.

>22
>40k year comfy job
>0 living expenses
>27k in debt
>24k in meme stocks
>4k in gold and other assets
Am i making it bbbbros?

18
like 500 dollars

28
16k in Corporate Bonds at 8% return

>just got out of debt and stacked in cash because of unemployment + cares

>>19829903
so you got that 1.2m in 2016? how did you make so much then lose it all without even participating in the '17 bull

>>19829639
29
About 50k, mostly in link, some in 401k, some liquid

Damn how yall dudes almost 30 and have like 40k saved. I plan to have at least 200k by then and a home

>29

>210k
No chainlink, how fucked am I?

>>19830053
do you have anxiety about money

>>19830135
Wasn’t raised by financially savvy parents. Had to learn a lot of things the hard way

>>19830135
Good luck yo

>>19830135
pro tip.... you wont. you think everybody else didnt think that too?

https://www.youtube.com/watch?v=5ez0IgSTyQk

>>19830159
Fuck is this really what its like? :(

>26
>16k USD

What should I invest in?

>>19830177
Houses in my area are 80k for an acre and 3 bed 2 bath completely remodeled. Also lowest col in nation. Maybe everyone took the career chasing big city meme too seriously?

>27
>3.5k USD
>saving 300/month
>tfw 3rd world

>>19829639
>82
>$145

>>19830154
not really, I mostly just put it in random things trying to hit it big, if I'm not spending money there's no point desu

My scholarship gives me free classes, room, and board so money isn't an issue for most of the year and I live with my parents otherwise.

>>19830159
You act like we live under a system designed to keep you poor by robbing you of wealth during every transaction while also stealing right out of your pocket on payday making the effective tax rate for the average person upwards of 45%

>>19830177
Yes. Welcome to being an adult.

24

2k in xrp link stella and BAT
6k in bank

>23 soon 24
>295€, £1000 and an undisclosed amount of monero

>>19830040
Is the debt student loans?

>>19830642
Yes

>>19830177
It depends on many factors, but for the vast majority of people their primary job is their main source of savings, and you save significantly less from that than you'd think.

Hypothetical example, exact numbers will vary by location/context/etc:
> Let's say you make 75k/yr or ~6.2k/mo, pretty good and above the average household income.
> -15k from federal/state/local taxes, new total 60k/yr or 5k/mo.
> Let's say you spend 1k/mo in rent, which is pretty reasonable and falls below the standard rule of no more than 30% of takehome. Now at 48k/yr or 4k/mo.
> Using my own apartment as an example, utilities are about $50 for electricity, $50 for phone, $100 for internet, $200 for groceries, $50 in gas. Heating and water is covered by apartment. That's 450/mo, let's say you treat yourself to $50 worth of eating out per month to get us to a clean 500. We're now at 42k/yr or 3.5k/mo.
> Car loan? Let's say 200/mo (10k@3%). Student loans? 300/mo (30k@4.5%). Car insurance? 75/mo (about 1k/yr). Absolute minimal medical/dental insurance? 50/mo. Car registration at the DMV, plus miscellaneous taxes or maintenance? 25/mo (about 300/yr).
After all that now at (rounded) 33.6k/yr or 2.8/mo. Over half your gross pay is now gone due to taxes, insurance, and a minimum standard of living (and this already assumes you are earning more than average). This doesn't include fun shit like games/toys, or vacations, or going to the movies, or any hobby with a financial cost.

Now let's say you're fine with that, you live a boring life and don't have much going on. Let's say 30k of that goes straight into boring blue-chip stocks that appreciate on average 7% per year with 3% inflation and 15% tax rate. Congrats, you have now broken the 300k barrier having lived like a monk during the prime of your life.

Want to retire? Do that for 40 more years.

Thats some retard fag shit damn. Imagine renting an apartment.. im buying a 75k house next may after i pay off my 27k in loans and gonna pay that bitch off within a 6 years. I also have a great family that pays for everything essentially and will be leaving me several million in inheritance so maybe i dont get the normal poorfag tard experience. Sucks to be a plebeian faggot

>>19829903
Jesus, how have you not an herod

>29
>100k
I used to have about 400k; I sold RC psychedelics on the darknet and ran my own website with huge volume. But unfortunately I spent the last four years with a girlfriend who works in finance and liked to travel a lot and blew through a ton of my money.
Luckily she's going to buy our house and I've got a 12k link stack that should keep me going for a bit.

>>19829639
incel humblebrag thread.. shitcoins you cant sell without 50% slippage(your entire net worth) do not count

>>19829702

100k with 31yo? Not bad but what the actual fuck did you faggot waste your money at in your 20s bro?
Dont tell me for the meme vacation & going out with friends shit?
Im 27 and cashed out my entire stonks portfolio and with some pm and crypto im sitting in 61k€ but i have no real life desu.

>>19829740
Same for me bro.
Im literally born on the wrong continent.

>32
>350k eurochad

>>19829639
>18
>16k

33
$350k ... if you include my wife.
Really not that much, a paid off $200K house, $130K in Roth 401s, $10k cash, and 15 year old piece of shit cars.

>>19831484
pretty good dude, what are you complaining. How much if you don't include your wife? Only half?

>>19830903
the subscription fee of a gf is 80k/year

>>19831542
Tough to say. My 401 is $83k, hers is $50-something. I suppose we paid +/- on the mortgage. Cars aren't worth counting and the cash is both of ours.
We've spent a collective 20 years to own a shithole 2 bedroom house and cars that are going to fall apart any day. I contribute heavily to my 401 b/c I hate my job and would also otherwise blow it on stupid guns or Chinese eBay crap

>>19829639
>25
>60k

>50
>700K paid off real estate, 300K retirement account, 420K brokerage account, 60K cash, 9 year old and 8 year old cars