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/biz/ - Business & Finance

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28210550 No.28210550 [Reply] [Original]

What do?

>> No.28210701

>>28210550
Wow, what an amazingly stunning and brave man .

>> No.28210727

>>28210550
Lol that dude looks like a fag

>> No.28210745

>>28210550
get into mushroom farming
white caps are slightly profitable

>> No.28210741

>>28210550
Buy LTO with it

>> No.28210796

>>28210550
>401k

ngmi

>> No.28210799

>>28210550
Get a better paying job so you can get your IRA and taxable accounts up and running?

>> No.28210833

>>28210550
>only have 240,000 USD in my 401k
my nigger, you have 240,000 USD too much

>> No.28210859

>>28210727
that fag could beat you in the decathalon

>> No.28210875

>>28210796
its the only option I have at my wage slave cuck job

>> No.28210917

>>28210550
i work from home trading crypto now
ex
just saw a spike on an obscure tiny cap coin called Kambria.

Its so small that if it picked up a tiny bit of traction we'd be rich in no time.

I highly suggest downloading the Kucoin app at this point, it has made me about 180 thousand dollars, with my simple low cap strat

>> No.28210942

>>28210550
Nice balls nigga

>> No.28210953

>>28210799
what about having a 401k in addtion to taxable and IRA

>> No.28210974

>>28210859
Yeah and are fags that sing better than me too. But that dude in the pic, come one, it is almost if he does not care how faggy he looks.

>> No.28211008

Nice job. How long have you been contributing for? Because of its for 7 years, then you'd have a near 100% match since each year you can only contribute about 15k

>> No.28211081

Bitcoin to a million

>> No.28211146
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28211146

>>28210875
>its the only option I have at my wage slave cuck job
And here we see a specimen of the slave class. Note how they are so strongly conditioned to accept their enslavement, that they can't even fathom anything else. The only option they have is the one laid directly before them by their master.

>> No.28211162

>>28210917
Care to elaborate on this strat?

>> No.28211226

>only

You are in the top 1% anon

>> No.28211274
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28211274

>>28210550
mommy

>> No.28211351

>>28211008
I got lucky and had the option to invest in tesla in my 401k

>> No.28211407

>>28210550
That’s 4 times as much as I have in mine, you’re doing just fine

>> No.28211441

>>28211226
Thanks anon. I want to believe Im doing good. Its just all so tiresome. Feels like 500k and 1mm are so far away even after 8 years of wage slaving.

>> No.28211519

>>28210550
kys

>> No.28211552

>>28211407
Thanks. How old are you? I don't really know whats "good" for a 29-30 year old to have in a 401k

>> No.28211587

>>28210550
I only have 50k
Fml

>> No.28211632

>>28211441
If you’re not doing Roth you can’t even touch your 401k for 30 more years. It’s going to compound annually. You’re 5 years ahead right now

>> No.28211681

>>28211587
Still 50k is better than nothing. And easy to grow

>> No.28211707

>>28211162
you find low market cap, cheap projects with a littly hype and some good fundamentals, you buy in and wait.
and spreading the word (like im doing now) can pump it 1000x

no joke, if only the few people in this thread bought a few k worth, that would be enough to cause others to notice it and jump in

>> No.28211750

>>28211632
Wait explain? Roth 401k can be taken out early? Should I convert to a roth 401k?

>> No.28211938

>>28211552
I’ll be 29 in 5 months. My Roth 401k is at $67,757. I started around 7 years ago and have been steadily increasing contributions each year. I consider my account in good position to retire early. Yours is way ahead

>> No.28211955

>>28211146
He's gonna be with less than 1 million at retirement and most Link Holders are gonna be millionaires in 3 years

>> No.28212107

>>28211226
Don't feed him compliments about his middle class net worth

>> No.28212131

>>28211938
thanks yea 70k is a good amount under 30

>> No.28212164

>>28211750
Roth 401k is literally your money. It’s post tax. Traditional 401ks are pretax and has all kinds of stupid rules on it. Honesty I would always say go Roth because taxes you pay now are almost surely going to be less than the taxes you pay at retirement. A financial adviser would probably tell you to invest in both because traditionally it fluctuates

>> No.28212444

>>28211750
>>28212164
I only invest in my 401k because my company matches me up to 6% of my salary vestments.

I.e. if my salary is $1,000 and I opt to invest 6% of it into the 401k, aka $60, the company also throws in $60 into my account.

>> No.28212451

>>28212164
so then you contribute to a roth 401k after taxes are taken out of your paycheck? Is the annual contribution limit for a roth 401k the same?

>> No.28212602

>>28210550
if you put most of your money in a 401k, aren't you dooming yourself to wageslaving until 60 when you can start withdrawing?

>> No.28212833

>>28210550
You’ve been maxing since you were 16, your employer matches 100% of what you deposit, or you opened multiple

Any way, you are full of shit

>> No.28212845

>>28210550
Rope

>> No.28212884

>>28212451
It’s like $20,000 I believe, so less.

>> No.28213026

>>28212602
You’re not supposed to put most of your money into your 401k. You put 10-20% of your paycheck and put your other money into mutual funds, stocks, crypto, Precious metals, gold, etc.

>> No.28213655

>>28211750
You can withdraw contributions, not gains.

Right now the general idea is your taxable income is less now than it will be when you’re 60. So pay the tax now vs pay when you withdraw (trad 401k)

>> No.28214088

>>28213026
>not escaping taxes as early as humanly possible
You know that taxes are NEVER going to go down, right?

>> No.28214205

>>28214088
>taxes will never go down
unless trump is re elected

>> No.28214353
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28214353

>>28210550
i am 30 and have zero in my 401k, never have had more than 6k at one time in my entire life.

>> No.28214443
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28214443

>>28211707
>>28210917

lmao this is the fakest most scripted shit I have ever seen on here.

>> No.28214447

>>28214205
Trump will last 4 years. Are you retiring in 4 years?

Most people here are not.

You're a dumbfuck if you think that the general trend isn't to fleece the middle class for all it's worth over the next 30 years.

>> No.28214459

>>28212444
Yeah, anyone turning down a free 100% gain on contributions is retarded.

>> No.28214649
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28214649

>>28214353
Had a 401k and 403b. Sold both, absolutely worthless growth.
Spend that on a house during the crash in 2011 and rest now doubles with stocks and coin each year.

>> No.28214788

>>28210550
Palin?

>> No.28215034

>>28214649
Nice, I couldn't afford a house in 2011 because I was 21 and still working in a grocery store lol.

Finally getting my shit together now though, had my "Holy shit I'm actually going to get old" moment a few years ago and kicked into gear.

>> No.28215754

>>28215034
With proper setup with stocks and coin you can easy get 8-10% gain each month. If positioned correctly with 40% stocks, 40% crypto you may not get hit with a big loss. What is the other 20%? That is your fun risk monies. That you toss into the pump and dump and stocks you think will go up but for stupid reasons.

>> No.28217272

>>28214353
Based and Workuntildeath pilled