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/biz/ - Business & Finance


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18149788 No.18149788 [Reply] [Original]

25
pic related

>> No.18149805

>>18149788
go clean my shoes, poorfag

>> No.18149824
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18149824

>>18149788
693k: "momy daddy money"

>> No.18149831

>>18149788
19 5k
how do you accumulate wealth like this? trading or working your ass off or both?

>> No.18149836

23: $18k

>> No.18149845

>>18149831
born into it, either direct gift or parents paid for college/got good job for u

>> No.18149861
File: 198 KB, 550x535, 1578642481259.png [View same] [iqdb] [saucenao] [google]
18149861

>>18149845
ok im not asking for cope-posting but some serious insight to see if i am missing some obvious shit

>> No.18149881
File: 8 KB, 271x186, index.jpg [View same] [iqdb] [saucenao] [google]
18149881

>>18149788
9
1,000,000,000,000 ZWL

>> No.18149888
File: 234 KB, 545x530, 1584808373614.png [View same] [iqdb] [saucenao] [google]
18149888

>>18149788
1$
85 yo

>> No.18149896

23
$200

>> No.18149948

>24
>3k

>> No.18149951

>>18149788
>>18149845
25? On your own? Nah.
Tops jobs out of school (wallstreet, FAANG) start @ 140 w/ bonus for top performers (125 base + bonus).
Pretax.
Only possibility is successful small biz owner (with the current market drop eliminating that money) or -> inheritance. <-

>> No.18149964

>>18149788
>28
>$200k
>No debt
Not great but maybe I'll make it someday

>> No.18150003

>>18149951
This
Either a successful business or a lucky high risk stock trade or inheritance
Or larp

>> No.18150010
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18150010

>>18149824
so op has good genes

>> No.18150027
File: 1.74 MB, 300x290, 1510649980007.gif [View same] [iqdb] [saucenao] [google]
18150027

>>18150010
That's... Not how that works.

>> No.18150050

>>18149788
32
-600k

>> No.18150059

>>18149788
is this the larp thread?
34
-$24k

>> No.18150070

>>18149788
29
About $50k in real estate equity, stocks, 401k, crypto and cash

>> No.18150089
File: 114 KB, 750x1000, 1585255408699.jpg [View same] [iqdb] [saucenao] [google]
18150089

>>18149788
i was depressed and collage dropout until 27 worked in a boardgame store for 2 years on neetbucks 2 days a week.
started getting serious in applying to shit that has a future.
With some kind of weird connection i end up as an assistant at a small land survey company.
for half a year i have a 2-5 min-max contract to see if i can actually work
Take it serious and try my best at the small things i need to do.
end up giving me a gps stick to go and measure a field (just measure a point every 10 metres)
Went faster then they expected that week so i had to start helping the other guy that was doing serious measuring.
>Just go measure some ditches i guess
everything went fine
get a year contract as junior but with only a small pay raise (1850 a month)
try my hardest and after half a year boss go likes
>mm Your almost doing the work of a full trained employee
>let me change your wage from 1850 to 2500
Now in another half a year i will get a solid contract with probably another pay raise

i still live in a shitty studio and spend like 900 max a month. i can suddenly save 1100-1200 every month even when i subtract my have fun money

So my networth is low but i am hoping i have been just in time and can start buying indexes soon while waiting for the house market to collapse to buy a house.

>> No.18150144

>>18149861
Not cope, just fact. Good for him that his parents actually planned to take care of their kids.

>> No.18150167

31

$120000

>> No.18150190

>>18150167
Military BTW

>> No.18150195

>>18150089
good job fren

>> No.18150224

>>18150190
What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You’re fucking dead, kiddo.

>> No.18150231 [DELETED] 
File: 25 KB, 944x201, smarterbetter.png [View same] [iqdb] [saucenao] [google]
18150231

>>18150027
iq of parents has a heavy correlation with iq of offspring, anon

>> No.18150233

>>18150167
I also assume this means immediate savings. Net worth would include a bunch of other things which would significantly boost it

>> No.18150236
File: 2.12 MB, 1920x1080, JDP.png [View same] [iqdb] [saucenao] [google]
18150236

>>18149788
> $80k, 27

>> No.18150237

26

net worth like minus 50 grand

But im earning 1200 USD a day, UK government gunna pay me like 10 grand because of coronavirus

Il lbe debt free by 2021 and probably 100k net worth by 2023

>> No.18150246

>>18150195
36
1.7M atm

But if the deals goes through and passes my investigation, I’m investing 300k this Monday.

>> No.18150258

>>1815023
Sorry I meant 200 USD a day

>> No.18150264
File: 19 KB, 943x137, smarterbetter.png [View same] [iqdb] [saucenao] [google]
18150264

>>18150027
iq of parents has heavy correlation with iq of offspring, anon

>> No.18150267

22
nothing of value

>> No.18150278
File: 601 KB, 1080x1350, 1659646416.jpg [View same] [iqdb] [saucenao] [google]
18150278

>>18150231
IQ has noting to do with wealth

>> No.18150282

>>18150224
All fun and games until I'm getting paid a six digit bonus to waste hajis

>> No.18150311

>>18150089
>i still live in a shitty studio and spend like 900 max a month. i can suddenly save 1100-1200 every month even when i subtract my have fun money.
Good start. Get your skillsets solidly locked down. Then, offer your services to a competitor with a 10-15k boost in base pay WHILE you are still employed (i.e. take leave). Another 2 years and start your own biz.

32
Software Eng
320k rounded to the nearest 10k.
Was 450k < 20 days ago (nearly all stocks).

>> No.18150329

>>18150278
Those are fake crayola crayons

>> No.18150331

>>18150264
Correlation not causation brainlet.

>> No.18150354
File: 127 KB, 334x346, 1585398153647.png [View same] [iqdb] [saucenao] [google]
18150354

>>18150282
dont sweat it sport, just havin a giggle. make sure to get a lot of bonuses fren!

>> No.18150361

>>18149788
24
52k

>> No.18150367

>>18150331
no but the average person who inherits $700k from mommy daddy is higher iq than the average person who inherits $25.

>> No.18150410

25
$110k
Half of it is equity in my house.
Don't know what to do with all the money I get ... Just dropping it into index funds.
Anyone know any other good investment strats?

>> No.18150439

>>18150410
Index mutual funds

>> No.18150466

>>18150410
Buy property and lord over tenants

>> No.18150504

>>18150466
Kek was actually thinking of this. Are the returns actually that much better than index funds for the extra amount of work and risk you put in?

>> No.18150508

>>18150278
>thinking mayweather has a low iq
He might not be book smart, but the man is intelligent.

>> No.18150529

>>18150367
>no but the average person who inherits $700k from mommy daddy is higher iq than the average person who inherits $25.
Assumes OP is higher iq than the average person.
Someone failed math.
Reversion to the mean and statistical outliers.
Your matter of fact 1 liner approach to life is likely wrong (it's just the flu, trump) in more ways than you know... until you know.

>> No.18150530

>>18150237
what do you do?

>> No.18150541

34
$325k

>> No.18150554

>>18150003
>a lucky high risk stock trade
Or crypto.

>> No.18150573

>>18149951
Or Chainlink

>> No.18150584

>>18150554
>>18150573
True.

>> No.18150590

>>18150504
>Kek was actually thinking of this. Are the returns actually that much better than index funds for the extra amount of work and risk you put in?
That's a You question, not an economic question.
Generally you'll want to rent out spots like, say, open air locations for flea markets or stuff in that category.
Renting to private individuals should be avoided if possible because it's close to the most energy consuming types of property ownership possible.

I'd also recommend starting small low-tier businesses like cleaning services or nail salons and selling them before starting over. That's how my friend went from a broke 18yo dropout to being able to retire at 32. Unfortunately I fell for the college meme and thus lost a shitload of time that could've been spent making dosh, but I guess that's most people over 24 (Gen Z is apparently getting hardcore into stocks and trades from what I've been reading).

>> No.18150672

>>18149788
26
898,930,828,399,100,088,938$

>> No.18150726

>>18149788
OP here,

Kinda depressed the value has gone down so much during the economic downturn.

How much money have you guys lost?

>> No.18150736

30
3M real money
300k crypto

>> No.18150743

23
60k
No debt but no job either

>> No.18150784 [DELETED] 

8
$999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,999,99.01

>> No.18150848

I'm 30.
Net worth is 80k, 20k in investments/cash, 60k real estate equity (my shitty flat).
I'm from Eastern Europe. Here this doesn't count as rich, but clearly above average, at least for my age.

>> No.18150870

>>18149788
25 also

About negative ~70k if I don't add my 50k truck

>> No.18150900

>>18149788
38.
About $4000.

>> No.18150912

32
150k cash
40k crypto
im not gonna mke it

>> No.18150950

>>18149964
basically me

>> No.18150968

>>18150224
What's this you've said to me, my good friend? I'll have you know I graduated top of my class in conflict resolution, and I've been involved in numerous friendly discussions, and I have over 300 confirmed friends. I am trained in polite discussions and I'm the top mediator in the entire neighbourhood. You are worth more to me than just another target. I hope we will come to have a friendship never before seen on this Earth. Don't you think you might be hurting someone's feelings saying that over the internet? Think about it, my friend. As we speak I am contacting my good friends across the USA and your P.O. box is being traced right now so you better prepare for the greeting cards, friend. The greeting cards that help you with your hate. You should look forward to it, friend. I can be anywhere, anytime for you, and I can calm you in over seven hundred ways, and that's just with my chess set. Not only am I extensively trained in conflict resolution, but I have access to the entire group of my friends and I will use them to their full extent to start our new friendship. If only you could have known what kindness and love your little comment was about to bring you, maybe you would have reached out sooner. But you couldn't, you didn't, and now we get to start a new friendship, you unique person. I will give you gifts and you might have a hard time keeping up. You're finally living, friend. BTC $1000 EOY.

>> No.18151006

>>18149788
nice dude

>> No.18151042

>>18149788
>20
>$10k
>0 debt
Not great, but not bad considering it's what I've saved from a part time job while going to college.

>> No.18151061

23
something like 40-50k USD

>> No.18151086
File: 158 KB, 640x609, E5A2938C-6FAD-4795-BADA-8634474AFFC7.jpg [View same] [iqdb] [saucenao] [google]
18151086

21

>15k cash. 6k crypto.

>> No.18151222

>>18149788
$694,483.66
25

>> No.18151239

>>18150278
by the standards of boxers, Mayweather may be the smartest man in history

>> No.18151339

20
Roughly 3,000 split between crypto and silver

>> No.18151373

25
$4,000,000

im not even lying

>> No.18151568

>>18149788

>32
>450k stocks + 350k crypto

lost about 600k in the last 4 weeks. yolo

>> No.18151832

31
£16k ($20k)

Graduated into the recession in construction, made no money for years trying to make a go of it, spent a bunch switching career into tech, lost a whole bunch more on major health issues.

I'm finally making decent money now but I can only catch up and retire/own a home if I save everything and nothing goes wrong.

>> No.18151911

25
60k EUR cash + ~ 40k EUR real estate
Not sure what to do with cash, probably going to buy dip in index ETF

>> No.18151933

>>18149788

27

£100k net in property
£50k in premium bonds
$420,000 in quant at time of writing
£44k a year income.

>> No.18151944

25,
$3,800

>> No.18152007

>>18149788
29
48.6k

>> No.18152226

18

130k, Get on my level you fucking amateurs

>> No.18152276

22
25k cash 27k crypto 3k in options

>> No.18152289

>>18149788
>25
>$23,000 net worth

+15K vested in 401K
+14K emergency fund/liquid cash
+5K being gambled on the further collapse of the economy

$70K/yr job in medium COL area. I feel pretty okay. Want more, though.

>> No.18152302

>>18152289
Forgot to add my only debt obligation is $10K left on my car.

>> No.18152305

ager19
18k cash
54k crypto
~225k house (only 100k left to pay)

>> No.18152307

21

$10,200,000.

>> No.18152331
File: 339 KB, 1063x474, SmartSelect_20200328-204943_Chrome.jpg [View same] [iqdb] [saucenao] [google]
18152331

57

>> No.18152386

>>18150784
never gonna make it

>> No.18152397

>>18149831
>>18149836
>>18149824
>>18149896
>>18149948
>>18149964
>>18150027
>>18150059
>>18150070
>>18150089
>>18150236
>>18150237
>>18150267
>>18150361
>>18150410
>>18150743
>>18150848
>>18150870
>>18150900
>>18150912
>>18151042
>>18151061
>>18151086
>>18151339
>>18151832
>>18151944
>>18152007
>>18152276

i really am surprised that there are a lot of people here that have little money. What the fuck are you losers doing?

>> No.18152484
File: 1.97 MB, 520x292, 1584969672604.gif [View same] [iqdb] [saucenao] [google]
18152484

>>18152397
Being slightly above average savers

>> No.18152748

>>18149788
nice data mining thread

>> No.18152795

>37
>Was 550k
>Now about 435k since a lot of it is in equities

>> No.18152820

#finNexus DeFi has come to represent the forefront of blockchain based finance

>> No.18153128

>>18149788
35

-$31,000

>> No.18153184

>>18150278
best of his weightclass hands down, no contest

>> No.18153203
File: 78 KB, 250x238, 1583337789005.png [View same] [iqdb] [saucenao] [google]
18153203

>>18152397
mama dada
mama dada start money
mamaa a

mamam

>> No.18153223

>>18152397
>110k at 25 is "little money"
it's not rich but how is that little? i'm easily in the top 5-10% for my age

>> No.18153246
File: 19 KB, 400x400, thinking_pepe__by_patricioz_dc567y2-fullview.jpg [View same] [iqdb] [saucenao] [google]
18153246

>>18149788
Got 100k in my bank account but apparently my dad has two multi-million dollar properties overseas and he's... let's just say... unavailable. How can I claim this?

>> No.18153288

>>18153203
Based

>> No.18153292

>>18152305

Age 19? Fucking Larp - Explain how you got to your current status

>> No.18153306
File: 1.19 MB, 890x892, 1583320133497.png [View same] [iqdb] [saucenao] [google]
18153306

>>18153288
mamam

mama
mamam


mama
mamam

>> No.18153364

27
300k~
lost about 100k from this shit

>> No.18153417

> 34
> two companies
> service sector and IT
> grossing a bit over a mil/year
> own nothing
> leased car
> living in rent
> just barely 300$ in stocks
> current bank account status 80.000 mine + another 130.000 revolving credit
> always the poorest of the guys when out doing blow sleasing over cheap golddiggers

What em I doing wrong /biz/ ?

>> No.18153658

No Larp

>21
>50k (30K USD)
>Would be around 200K USD if I didn't go through a gambling addiction.

Stay away from gambling bros, I loved it so much I didnt care about losing money until one day I added up how much I had spent on it.

>> No.18153759

>>18151222
op btfo

>> No.18153776

>>18153417
how fat are you

>> No.18153824

>>18152397
>i really am surprised that there are a lot of people here that have little money. What the fuck are you losers doing?
uhhhh, not getting a big head start from mommy and daddy

>> No.18153978

>>18149788
19
0$

>> No.18153989

>>18153776
Chad all the way.

>> No.18154012

>>18149788
mommy look i traded some shitcorns!!! someone pay attention to me!!!

>> No.18154060

29
$95

I lost a bunch paying for parent's crap and paying off student loans and paying off used car loans. I regret my choices every day of my life

>> No.18154122

OP. Karma will get you to that $1,000,000 mark and some. I need .7BTC for a whole coin. This is your best way to earn karma, hook me up! This is my eth address, easier than sending the Bitcoin itself.

0x095fee0941B050120909d386750625451b1d82d9

>> No.18154138

Oh, and 32. With the $450,000 in equity my house has for the moment, I'm at $550,000 net worth. Pretty sure it'll be less soon.

>> No.18154141

>>18153223
you're on /biz/. everyone here was a multimillionaire by 22

>> No.18154164

>>18149788
Just had my 32nd bday alone yesterday.
About 600k in banks, mostly cash positions. I sold tons of MS stock at a loss so lost at least 50k in the past 2 months.
Now desperately trying to make a comeback. You feel poor as fuck in the bay area with less than 1mil and no real estate.

>> No.18154192

>>18153989

Chode*

Got it

>> No.18154264

28
$50k

>> No.18154305

24, 31k

I'm an electrical engineer by trade.

>> No.18154441

>>18149788
21 30k fucking n00bs, had 0 at 19

>> No.18154541

>>18149788
28 .
2K
Soon to have 6 Million. cant wait to drive around se asia in my lambo

>> No.18154717

33
£50k in property
£35k in cash

Earn basically £15k a year only because i'm a student.

Hope to get a decent 30% return on that cash this year through stocks and shares - depends if we hit bottom or not since i'm buying equity next week on the LSE and NYSE.

>> No.18154845

>>18149788
18
$241,204.69

>> No.18154853

>>18149788
18: 15k

>> No.18154862

18
£570

What can I do if I don't live in the US and don't want to wageslave for 50 years?

>> No.18154889

>>18154862
Buy PNK and sell when it 100x's.

>> No.18154906

>>18154889
What is PNK

>> No.18155159
File: 5 KB, 359x100, net worth.jpg [View same] [iqdb] [saucenao] [google]
18155159

kino net worth desu
when someone posts a .png online you know it's the truth

>> No.18155188

>>18154906
>He doesn’t know

>> No.18155291

>>18149788
>actually having liquid capital
LMAO