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/biz/ - Business & Finance

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57110235 No.57110235 [Reply] [Original]

>only $195,000 in liquid assets ($176,000 in cash, $16,500 in a mutual fund, and a measly $2,500 in crypto)

>> No.57110244

Shut the fuck up pussy

>> No.57110255

>>57110235
195K is fucking nothing

>> No.57110284

Im 26 and 20k in a Roth is my only assets. Could always be worse anon.

>> No.57111690

>>57110235
why are you holding so much cash? that is a great way to slowly bleed away your wealth.

keep 6 months pay in a HYSA and throw the rest in the market. also up to you but I would increase your crypto allocation (pref BTC) to 5% ($9,700). You are young and should be taking more risk. Crypto is a potential one-in-a-generation sea change.

>> No.57111692

>>57110235
Holy fuck I had that much at 22

>> No.57111713

>>57110235
That’s a great portfolio for a 19 year old bro

If you dont make it this bull run you’re ngmi ever

>> No.57111808
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57111808

>>57110235
it could we worse, you have a shot unlike a lot of other people

>> No.57112033

>>57110235
Lmao I made that before I was 16, get real nigga.

>> No.57112047

>>57110235
Oof, that would be okay if you were like 11 and only waged at the juice stand for like a summer or two

>> No.57112059

>>57110235
Inflation is eating away your cash. You should adjust your spread and exposure.
I'm not talking gambling it away, just adjust your spread and take a few longshots that don't jeopardize your major holdings.

>> No.57112452
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57112452

>>57110235
Doing well Cashanon, your savings rate must be pretty good. Two years ago you were at just over 100k. You're doing better than I by a wide margin.

>> No.57112459

>>57110235
Most people own majority share of 10 Fortune500 companies by that age

>> No.57112492
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57112492

>>57112459
You sound just like my granpa
>at ur age i built 2 houses, had 2 cars and 2 keedZ
>u aint got shit
Wow easy there grandpa thanks for saving it for me.
All on red, let it ride

>> No.57112504

>>57112492
The difference is that you sit in front of a PC or a phone over an hour a day instead of working your ass off

>> No.57112520

>>57110235
Your cash is slowly losing purchase power every day.

Why don't you put it into a savings or bonds at the very least for 4% interest

I have roughly the same net worth and its literally nothing.

Although I have another 350k in pension but it doesn't count

>> No.57112608

>>57112504
Take that back you dont know me

>> No.57112638

>>57110235
>28yo
>only $310k net worth
I need at least a milli asap or I'm going to rope

>> No.57112707

>>57110235
Kill yourself

>> No.57112739
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57112739

>>57110235
>176k in cash
What kind of retard stayed in cash?
>OP
oh yeah, right

>> No.57114041
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57114041

>>57110235
find a good DeFi exchange where you can buy USDT and then use an aggregator like Rango or Coral Cube to buy XRP at a low price and in 2 months you will make x2 easily.

>> No.57114046

>>57114041
the problem is that anon has the money in cash, I doubt that amount would go unnoticed in the bank.

>> No.57114050

>>57110235
Can you lend me a thousand?