/biz/ - Business & Finance

Why do you have so much cash? You probably should’ve bought the covid bottoms. I didn’t buy them either though so…

I have about $290k in ETH being staked currently and $50k in cash, $40k in stocks and $20k in precious metals and $8k in link

What do i do now? Just hold?

I've got a house worth ~490 k
270k mortgage left
+20k links
15k cash

34 y old and exhausted of work

>>56125199
How much is that staked eth giving?

>>56125061
Why are you even 'investing' if you don't want to have money?

>>56125056
>28
>~$180k nw
You are a fucking failure. When I was 11, I was 24. I had already started eight multi-planetary conglomerates, learned 47 languages including six extinct Aztec ones, killed a Dothraki bloodrider in single combat and graduated Harvard with a double degree in Neurology and Sex. If you haven't done ANY of that by 28, consider the Smith & Wesson retirement plan.

Oh look it's another
>Le 6 gorillion cash and Le $5 in crypto
Thread

>>56125056
i'm 25 with only 160k net worth. everyday i feel the pain.

Im 19 and I only have 210 BTC its never been this over

>>56125056
>friends have more wealth than me
>they are financially irresponsible

Projection

>>56125056
bump

>>56125056
tfw 29 and only have 43 bitcorn. :(

>>56125286
I have $465k locked into ETH staking and only generating about $2400 per month in rewards. It's all so tiresome.

>>56125633
better luck in your next life my dude
i turned 18 in 1983, started working for my dad's business, moved into finance after a few years, and had a net worth of 500k net worth by 25

>>56125056
why are americans like this? in my country most people don't even have that money at 50 years old, imagine having that at 28
and no i dont live in the third world, it's western europe
if you're so sad about your 180k "poorfolio" why the fuck don't you just run away and go live like a king in brazil or thailand

>>56125283
you are one payment away from bankruptcy

>>56125056
Look into AI projects like Blackswan. It's an AI powered instant trading bot. It works on all the major CEX's. More info at blackswan dot biz

>>56125056
bump

>>56127648
It's demoralization bait, anon, and you just got hooked.

>>56125283
Congrats goyim, You are house poor. Better hope you don't lose your job or your house will be foreclosed and blackrock will be the new owner. You sound like one of those people who will own nothing and like it

>>56125603
I am this too but x infinity and I did it all as a fetus. Up your game op

>>56125061
https://youtu.be/qyhaSY-ZNVo

>>56125056
why so much bait today? does someone pay for this?

>>56127648
most posts like these are fake. Vast majority of people end up increasing their spending when they get more money. Something like 40-50% of Americans making over $100,000 per year have no savings and live paycheck to paycheck

>>56125283
>35
>home worth 525k
>270k mortgage financed at 2.75%
>250k cash
>200k retirement

I don't know what to do with my cash. I don't trust Crypto/Stocks right now. It's just sitting in the bank collecting 5% interest that I have to pay taxes on.

>18 year old
>3M cash
>own 207 houses which give me a passive income
>10M in stocks
>own only 17 business

Its over bros

>>56125056
I bought my home in 2021 so my home equity only went up about 30%.

>>56131824
yeh, i'm sitting on cash as well waiting for the big kahuna 2.0 so i can buy in cheap. only thing is a been waiting for a couple of years now.

>>56125199
>>56127604
The rewards are locked too right? I have some eth and was playing around with some of the different different pools (see on curve). But don't want to lose it on some low liquidity pool or third party fuckup so now I am just holding it again.

>>56132121
I've been all cash for 1.5 years now, except my retirement account. And it's collecting 0 interest in my brokerage, though I guess the 1-2 swing trades I've done have been like 10% so that's ok. Starting to think I should just buy oil and other commodities since we all know what's coming (hyper inflation). In a monetary sense I don't even think deflation is possible, you can't recall the money. I guess if everyone dies from the vaxx then oil won't be worth very much so it's a tough call.

>>56132409
No. I can withdraw any rewards my validators get as soon as it comes in.

>>56125056
You wanted to be safe and here you are

>>56127662
>>56129151
Considering he has over $120k worth of LINK, I think he'll be fine.

>>56131824
Similar situation here
>35
>Home worth 900k
>400k mortgage at 3.25%
>100k cash
>180k invested
>150k retirement

I bought almost entirely mutual fund packages with the 180k invested. Also bought Amazon at like ~700 way before the splits and that has done well for me. Wouldn't advise buying it now though.

>>56131824
I'm worth ~ a half million if you count my residence. I can't afford to sell because renting costs too much.

>>56127604
I'm now 50 and I'm still pushing positively for gaming tokens. Heard EVR presales is still on. The VR experience is really making real sense.

>>56125056
32 year odl

3k in roth
55k in hysa (yielding me $8 a day)
1k avaialble in credit card churn done this year.

67k contract wage.
Atleast my wife has a fat ass.

>>56134620
Hell no! He just need some good fun with Enefti, earn a real income by creating and selling virtual real estate.

I blew all my money on travel, doing cool jobs in foreign places for shit money and flight school. Now I'm 34, net worth hanging around $1,500, but normies with lots of money still can't get over their envy.

This thread is full of youths that were wasted to make a number on a screen get bigger.

>>56134920
You're going to retire at 70 with a broken body

>>56134927
nah, flying is a pretty easy job and the requirements to keep up a first class medical into my forties (pretty thorough doctors visit every six months) means I'll be out in front of any medical issue.

I won't have as nice of a car as maybe I wish could have. and yeah there won't be a funkopop collection in my basement. oh well, guess I'll have to settle on a life lived on my terms.

>>56134920
>net worth hanging around $1,500
if you are planning to die in your 50s, that's enough for the "retirement".

>>56132457
oil will be super important for military warlords that will spawn when depopulation hits

>>56134901
This guy is legit

>>56127662
> not knowing how mortgages actually work

stay poor crypto faggots, surely this time you'll go to the moon and show all those normies whos in charge (while literally doing nothing)

>>56131824
money market funds / CDs?

>>56132080
Brutal, how much did your property taxes go up?

>>56125056
>6 months old
>only 2,300,000,000 in cash
>measly 5,000,000 in stocks
>virgin level 100,000 BTC
Why even live?

>>56125568
I just want to fit in on /biz/

>>56134620
100k of link? Why would having 80k of link be enough? You need way more than 50k of link to be fine.

>just turned 30
>income 94k
>house worth 300k
>still owe 220k
>600k in retirement accts
>50k in brokerage
>5k in savings
still miss being a NEET

>>56134883
Redpill me on the benefits anon. My eyes are on gems like DOT, DUA and NEAR for profits when the bulls return.

>>56136565

>>56125056
>25 years old
>Net worth of negative $35k