/biz/ - Business & Finance

>>13523727
Bad

18. Net worth of $500k.

Business is on track to do 2.3mil in revenue. Going to school for comp sci.

>>13523727
Decrease the 45k in stocks to 20k in stocks and put 25k into real money... 1,000 ounces of silver and like 6 ounce of gold.

When the currency implodes and we have a deflationary collapse of all asset prices, youll be able to buy a small town with that 1,000 ounces of silver.

GTFO of all those stocks, the stock market is going to crash and burn and is only high because of criminally suppressed interest rates.

>>13523727
What age did you start working full time?

>>13523727
I dont give a fuck if you doint understaand it, but you must put half of that stock into gold and silver.

>>13523755
graduated 21, started work at 22, made a shit salary. Only got to current salary this year.

>>13523738
what is the business?

>>13523797
SaaS. I will not go into it any further as it’s a niche.

>>13523803
Ok no need to go into specifics about the product but how did you find clients? And how many clients do you have? Is it a few paying a lot, or lots paying little ?

>>13523727
a more specific location than Cali would be helpful (though I'd understand why it's not). Bay Area would make a 120k income pretty average for instance. You're not doing horrible but you could probably be saving so much more. If you're single then saving half your income is manageable

>>13523738
>500k net worth
>2.3m revenue
how much of the company do you own? these numbers are kinda wack unless your business is carrying a lot of liabilities

>>13523738
why are you going to school then. larp harder

age : 26
income : 14,000$ (neet bucks)
location : western europe
investments : 230,000$ in real estate 26,000$ in gdax (sitting in FIAT)
Cash : 6,000$ in my bank account and 5,500$ in bills

I fuck jannies and op ofc

>>13524534
>14,000$ (neet bucks)
wow that is quite good actually. it's just below min. wage for doing nothing lol. how did you get that much? I live in UK I hope i can get this much but i'm only entitled to like £5k

>>13524554
unemployment bucks actually
i will earn this for 2 years
im in bulgaria right now

>>13524569
fucking bulgaria??? how?!?!

did you have to do some shady shit or lie or something to get that much? why is bulgaria paying so much in gibs? whats the catch?

>>13523727
>google income age distribution
>google savings age distribution
you're doing fine for a ngmi brainlet

>>13524575
im not from bulgaria
im just living cheap in bulgaria with high neet bux incomes

23
Just got my first "real job" making 40k a year
2.5k in crypto
500 in the bank
18k in student loan debt

>>13524711
I'm about where you are, but I haven't found. Real job and I'm stuck in a shitty small town and I'm about to graduate and can't find a job with my shitty state school degree

Only 5k student loans at least

22
Law School next year
50k in student debt
5k in bank
5k in crypto

32
$130k
California
No investments or cash, I live paycheck to paycheck

>>13524814
What. This must be a fucking larp.

>>13523727
>age
22
>income
35k
>location
middle of nowhere
>investments
10k worth of guns, ammo, oil and an almost paid off small house
>cash
i think i have like 2k in the bank. most of my income goes towards stockpiling resources and paying off my house

>>13524833
I,m into findom

>>13524856
Pls tell me it ain't so

>>13523727
Age: 27
Income: $40k
Location: Toronto
Investments: $0
Cash: $119,893.76
Savings per month: ~$1,700
Debt: $0

Shame I was a late bloomer in employment, but went from 26k to 40k in 1.5 years. I'll get there.

>>13524928
Gj dude it's not an easy city to get savings in. You staying with your rents?

>>13524957
Thank you. Not sure if you'll see this, but yeah I'm renting for $1,200 a month.

>>13524928
>Investments: $0
>Cash: $119,893.76

Even the lowest risk safe ETF is higher returns than your bank account, why not invest even half of that?

>>13523803
how did you come up with the idea?

Age: 23
Income: $50k
Location: Commiefornia
Investments: $25k stocks and $25k crypto
Cash: $1k
Other: 2 cars paid off, will sell the old one soon

Goals: $100k 2019 EOY and $200k 2020 EOY

>>13525167
Because I don't know much about anything other than saving. Hence I'm trying to learn on this board.

Honestly though, from the last month of reading, I think I'll just throw everything into the S&P. Seems to have safe annual returns.

>>13525176
Have a good look at Vanguard's website, VTS in particular is very good.

>>13525201
>>13525176
Sorry VTS is the ASX listed ETF, the US or even Canadian version would have a different name I'm sure but in general you're looking for Total US market.

>>13525201
>>13525213
Aaah, will bottle up this advice. Looks good and I'll look more into it - appreciated, anon.

>>13523727
>Age: 31
>Income: $160k
>Investments: $200k in 401k, $7k in stocks, $3k in crypto
>Cash: $25k
get on my level kid

>>13524814
Holy fuck. Is cuckifornia really that bad?

>>13525253
no, he's just an idiot

23
75k income quitting in July though
10k cash
10k crypto
Betting it all on my 2 business ideas while I neet in sea staring aug

>>13525232
>200K in 401k
>only 10K in the markets
ehhh that's a no from me. your risk profile is shite.

>>13525307
my 401k is literally 85% domestic stock friend

>>13525314
401k is a meme. Unless you’re the type that wants to slave for 40 years then sit on your ass doing nothing

>>13525324
My company matches up to 6% of my income so each year I get a free $10k on top of my own contributions. Literally free money

Age: 25
Income: $250k
Location: California
Investments: $550k in stocks
Cash: $200

What the fuck are you doing that leaves you only $45k?

>>13523727
Better than me
Age: 21
Income: 30k
Califroniay
Investments: 2k in stocks
1k cash

>>13524856
lol

>>13525326
free money that you literally can't cash out

>>13525176
Gold is real savings. Putting it in the override over inflated stock market is a disaster. And if you do put it into the stock market like a normie make sure you put 25% into gold

>>13525232
Zero in gold and silver, youll never make it.

You will never see a peny of your 401k. cahs out 50% and put into gold before the currency implodes. then you will make it.

>>13525332
No gold and no silver You will be fucked.

550k in an overinflated stock market with criminaly suppressed interest rates for almost a decade now? You are playing with fire having that much in stocks. PLEASE take out 75k and split that between gold and silver.

>>13525326
This is a scam anon. Dont be a normie.

No one wants your boomer bags.

>>13523727
Im 27, making roughly the same amount as you, but I live in Wisconsin. So pretty much double-triple your salary when adjusted for cost of living expenses. Why do people live in that hippy infested shithole anyway?

>>13523803
You make it yourself or did you hire? How do you hire?

Bonus(answer only if you're sure they wont give away your niche but if you could that would be great)

How did you find your niche?

>>13525426
Listen fuckhead. You understand there is a difference between investments and savings right?

You understand that when you buy amazon stock you are doing so for a completely different reason then when you buy gold, right?

You buy gold because fiat is a scam and you want money and real wealth for when the dollar scam implodes. You buy stocks hoping the fiat value goes up.

Think about it....a gold ounce 900 years ago is still that same ounce of gold today, doesnt fucking matter if the stock market or dollar exist or not. Gold just sits there, it is savings.

Also, why in the fuck would you be valuing gold in terms of worthless paper dollars? THE ENTIRE fucking point in buying gold is because fiat is a scam. ALSO.....it was literally gold that gave the dollar its value so how the fuck does it make logical sense to value gold in terms of dollars?

>>13523803
any info at all would be appreciated

>>13525460
>you can buy 1 oz of gold and have 1 oz of gold in the future
>you can sell 1 oz of gold and buy stocks and have 10 oz of gold in the future
GEE I WONDER WHICH ONE IS BETTER?

>>13525332
You need to get it through your fucking head that you have a sizeable portfolio and when the dollar goes belly up you are going to be much more suicidal than some NEET with 20k. You need to take out even just 50k and put it into phsyical gold.

You are fucking stupid if you think your 550k isnt going to take an enormous hit at some point soon. You are fucking 25 years old, you are a baby. WTF you think is going to happen? That its just going to keep going up for the next 35 years until you retire and youll have fucking 8.8 million and live happily ever after.

Dont be such an insufferable faggot no it all, im doing you a favor by warning you.

By the way i dont mean to be a dick but im in santa barbara staying at a hotel and there is a bunch of mexicans having a wedding nearby blasting their tejano music.

>>13525482
Of course faggot. But the point is you NEED to have SOME gold because you dont know when the gold revluation will happen. it could happen 5 years from now and it can happen this coming monday morning. So if you dont have any youll be fucked.

I mean how stupid can you be? You have 550k in the market, just basic commoin sense would tell you to slice off even just 10% of that put it into gold to be hedged. we are 22 trillion in debt wake up.

>>13525495
I don't have dollars. I have a share of the economy. It's just convenient to measure it in terms of dollars because that's what everyone else uses. You are retarded if you don't understand the difference and think that the economy is tied to the dollar in any way.

>>13525495

>>13525509
Listen. Just fucking listen. You cant have interest rates suppressed at 0%, much less a decade and not have it end in economic ruin. Not even 25 years ago if you had said we would have 0% interest rates, much less for a decade, you would have been put in a straight jacket and thrown into a mental institution.

The economy is fucked the dollar is fucked, and you have a lot of money on he line, you are absolutely retarded to have all that money in the rigged overinflated stock market. Im not saying put fucking 100% of it into gold, even though personally I would put half into gold, but you NEED to put 10% or so in gold, you are going to get fucking slaughtered soon.

>>13525460
How do you recommend buying metals? Buy bullion direct from a store? When you want to cash it out well it need to be verified beyond whatever cert it came with?

>>13525506
Gold can only go down in actual value. Simple supply and demand. It's good for jewelry but that's about it. I also like how glass, leather, and plastic look in jewelry. Gold is worth no more than these other precious materials. Gold is like buying a lottery ticket, only you're even less likely to win.
Just look back at history for examples. Salt was at one time quite expensive. Gold is the same idea.

>>13525527
just a coin shop. You dont cash otu for dollars because the entire point is dollars are a scam. You wait for currency reset and the new paradigm, and thats when you "MAKE IT" with gold and silver.

>>13525533
Gold is real savings and real wealth. If you had inside information that hyperinflation would hit the United States dollar in 1 month...are you telling me that you wouldnt buy gold?

Also.....what you morons dont understand is when you buy gold with dollars you arent actually buying gold, all you are doing is transferring your wealth from worthless paper to an actual real store of value.

>>13525533
Gold is not a supply and demand based. The dollar value of gold just shows you how unstable, volatile, and lack of store of value the dollar is.

If the dollar dissapeared from planet earth tomorrow morning, my wealth in gold is unaffected.

>>13524928
You wont learn much from people here. Check out investopedia for basics.

What I would personally do is different from what you should do. Keep that in mind.

Plan A - riskier and more work

Use your savings as collateral for a loan. Use the loan to buy equity in a business. Preferably a turnkey business with revenue in the 50 to 100k range. Hire a general manager and scrape 20 to 50 percent off as your payout.

Plan B - Safe (safer) and easy

20k into Gold and Silver.
6 months to a year of expense money into a savings account
The rest into high dividend yielding stocks

>>13525525
You have no context at all. The interest rate hasn't been 0% since 2012.

>>13525546
If I knew hyperinflation was going to hit the USD I would take out massive leverage and buy more stocks. Stocks outperformed gold and real estate during the hyperinflation of Zimbabwe and the Weimar Republic.

>>13525553
Your gold drops to nothing if the dollar were to dissappear. That would basically be apocalypse. When the world ends people will be fighting over food, shelter, and protection. Interesting trinkets and shit like gold, looney tune coffee mugs, or Brittany Spears compact discs will be low priority for people, and low value as well.

>>13525562
>Stocks outperformed gold and real estate during the hyperinflation of Zimbabwe and the Weimar Republic.

Who gives a fuck if stocks do well in hyperinflation when the currency cant buy shit?

Do you think if a starving venezuelan could go back in time and put their savings into the stock market or gold they would pick the stock market? Get fucked if you think that.

You are a know it all and cant fucking listen. You have ALL your fucking eggs in 1 basket over a half million in the fucking bubble stock market. You are too obtuse to understand that even if you were right....putting 50k into gold wont affect you negatively anyway. But you arent right and you are overleveraging yourself.

You also dont understand that the next recession isnt going to be a typical run of the mill recession its going to be a currency crisis.

You NEED to have a little bit of REAL SAVINGS. If I was saying put 50% of that 550k into gold, then ok, I would be able to understand that he doesnt understand what im talking about so no way hes going to put that much into gold based on your way of thinking, but you are suicidal not putting a measly 50k out of 550k into gold and silver.

Im just telling you, you obviously dont believe it, but are playing with fire. And you are too much of a know it all to not understand that im giving you a lot of fucking good information for free.

Buh MuUh BooMMer Bags. go fuck youself. Youll see soon enough.

>>13525602
>Who gives a fuck if stocks do well in hyperinflation when the currency cant buy shit?
Why do you keep equating stocks with currency. Stocks represent a share of the economy. They have nothing to do with fiat money. Are you seriously retarded?

>>13525571
You're right that gold will pretty much be worthless during an event like that. The reason I buy gold is not for the other dudes reason.

I keep roughly 10 percent of my net worth in gold and silver. I do so because the market fluctuates way too much for my liking. In the event of another crash or something, people like the other guy will kill for gold. They will buy high and sell low. My dad did the same thing.

Right now, silver is at a 30 year low. Gold is still over valued at the moment, but it's still a decent bet it will increase with demand. It's a great hedge.

In the event of total collapse, the government would confiscate it all anyway. They've done so before and would do so again. If you somehow managed to see a recovery of sorts, your gold would put you in a great spot.

>>13525571
I was just making a point. It will be a reset most likely. The issue facing the world is the world is swimming in debt, gold fixes that problem with an overnight gold revaluation.

China, India, and Russia have been accumulating record tonnage of gold for 10-15 years now, you think they are doing that for fun?

>>13525613
You are valuing gold and silver the wrong way. You value gold and silver using ratios to other real live assets of which gold is undervalued and silver is the most undervalued asset on planet earth.

A days wage for most of human history and even today in the underdeveloped world was a silver piece the size of a silver dime.

1 ounce of silver will buy you 3-4 months of food in venezuela oin the black market. 1 ounce of silver equals 15$ in US currency. 15$ in US currency barely buys you lunch at Jimmy Johns. That just shows how absolutely fucked we are being raped by inflation.

So 1 silver ounce at 15$ historiclly equals about 2 weeks worth of wages, since 14 silver dimes equals an ounce of silver.

So some asshole selling insurance providing zero real value for society and making 200$ a day...could go and buy about 14 ounces of silver with a days paycheck. That flies in the face of all sane historical economic history. Menawhile some chink working in a rice paddy field actually producing value is making say 2$/day which is right in line with historical economic norms since if you go to a coin shop a silver dime costs about 2$ or a days wage historically.

>>13523727
Age: 25
Income: $70k
Location: South Carolina
Stocks: $5k in MetLife and about $4k in my work pension
Crypto: $900 of funny money 100% BTC
Cash: $1.4k between savings and checking

I feel okay I reckon. No school debt and my car is 100% paid off.

>>13525667
>feels ok
>works to make money for the jews
the lot of you in this thread should all be ashamed

>>13523803
>buzzword that’s broad enough to be literally anything
>”it’s a secret tee hee”
fuck off underage larper

>>13523727
Age: 30
Income: $150k+
Location: Southeast - near major city but low COL
Net worth: $144k
>pic related

>>13523738
Larping is an art. Get gud faggot

Age: over 35
Income: $60k
Location: between two rivers
Retirement: $350k in 401k
Stocks: $2k on Robinhood memes
Misc: $13k

Bonus

Credit Cards: $90k or so available.

>>13525232
>31
>200k in 401k
he doesn't know how 401ks work

>>13523727
Age: 34
Income: None for 2 years so far
Location: Cuntifornia
Investments: $7,000 bitcoin $4,000 cardano
Cash: $1,800

Thinking of using that cash to buy a gun and shoot myself

>>13526052
Imagine having 30% of your net wealth in some utter shitcoin like cardano. I'd call you an idiot but its so crazy it might work

>>13524513
Lmao exactly with 500k you can buy a small space and buy a cheap car and save and then invest a portion so it can keep growing.

>>13523727

> 32
> $165k salary
> $125k in crypto
> $72k in stocks

>>13525253
only if you spend all your money and live in the happening places

>age
32
>income
90k
>location
Oakland
>investments
Stinky Linky
>cash
15k

Age: 28
Income: $54k
Location: Texas
Investments: $1k in stocks and $2k in internet coins
Cash: $200
I want to kms

Age: 23
Income: £250
Location: UK
Investments: Can't afford it
Cash: £10

How the FUCK did you guys get so far so quickly? I can't even afford to travel for a job interview

>>13523738
Sloppy

>>13526261
Sell yourself like there’s no tomorrow. And keep living like a poorfag

>>13523727
OP you're doing really well.
If you invested all your savings into meme stocks and ETFs with 20%+ yields you could make $10k within one year just on dividends. If you can get $100k invested, then you are making $20k from dividends, that livable in shitholes like west Virginia.
In California I assume you have about $20k left over after taxes and cost of living, but if you invest it all, you could be financially independent and free from wageslaving by age 30.
Then you can post on /biz/ all day!

all in aud (about .7 usd but usually a bit higher)

age:27
income: 48k
location: aus (melbourne)
inv: 30k etfs
cash:10k

Age 25
Income 700,000,000$
Location New york
Investments 7,000,000,000$ in crypto 300,000,000,000 in stocks
Cash 600,000,000,000

>28
>120k
>SoCal
>own several private stock
>would need to be audited for valuation
>300k in cash and gold

29
NZ
inv: $0
net worth: -$25000 USD
cash: $188 NZD

>>13526576
Shit, bro. You're making it.

>>13523727
Age 30
Income: 0
Location: Don't worry about it
Investments: 214k LINK
Cash: ~$300
Debt: ~22k personal loan

>>13526576
Let me guess,

Target > Elite Boutique IB, made associate young > Private Equity VP

Salary and age screams Evercore to KKR

>>13523820
he won't go into specifics because he's larping

>Age: 36
>Income: $116k
>Location: Straya
>Investments: ~$85K managed fund ~30k direct shares ~$600k real-estate
>Cash: ~$12k

>>13525546
>Gold is real savings and real wealth. If you had inside information that hyperinflation would hit the United States dollar in 1 month...are you telling me that you wouldnt buy gold?
I'd buy LINK

>>13523727
looking sweet anon

me
>23
>income: n/a
>location: kekistan
>$5k in an ico
>cash: $300
i fucked up, but good times are ahead *sips*

>>13526893
house fully paid off already?

>>13524587
u sir are my king

how long will your neet bux last tho?

Age: 39
Income: $155k + ~$80k bonus/options
Location: Connecticut
Investments: $1.1M
Cash: $100k

stop being a bitch and just buy chainlink

Age: 26
Income: £27,000
Location: England
Investments: pic related

Got a job in February and move back in with my parents to get some cash behind me, bear market hit me hard. Hopefully bull market starts soon.

Age: 26
Income: £27,000
Location: England
Investments: pic related

Age: 19
Income: 244$
Location: Belarus
Investments: $500
Cash: $1k

Age 31
Income $75K
Location Minnesota
Investments $190K; $165K in retirement accounts, $25K in taxable accounts(stocks)
Cash $30K
Planning on dumping $5K in crypto and another $5K in silver as my net worth gets closer to $300K. The $30K in cash is for a house down payment if prices ever start looking better.
How am I doing?

>>13528030
Ah nothing like being a kid and not being allowed to own property

>>13525176
take your investments, put half into btc/eth

the other half into LINK

thank me in a few years when you're a multimillionaire

i always wonder, when you guys post income is that before or after tax?

Age: 23
Income: 10k
Location: New Mexico
Investments: 3.5k
Cash: 700
Student Loan Debt: 17.5k

Just got an internship for my final year on top of a full scholarship, so my debt will top out there. Luckily the loans I have are either 0% interest or 4.5% interest. I'm actually planning on taking my final loan disbursement (0% interest) and dumping it into investments.

>>13524796
Maybe part of the problem is your resume? If you're looking for a job and don't want to be self-employed, I'd recommend taking a long hard look at what you're putting on your resume because that matters more than what degree you have or where you got it in 80% of positions requiring college grads.

>>13528749
Before

>>13523738
LARPing pays that much huh?

Age: 22
Income: $40k (wage slave) ~120k trading
Location: Australia
Investments: $220k in stocks
Cash: $210k

>>13525553
What are you going to do, buy your grocieries with gold? Nope. It is a store of value and there are much better choices, like properties or well chosen investments.

>>13523738
The typical lazy and shitty larp seen on biz. It is always the same formula:
>1. Young age
The larper will always state he is very young, usually 18-22, sometimes older, but never over 30.
>2. Net worth
The larper will always have a net worth that puts him in the top 0.1-1% of his age.
>3. Business
The larper will always be a successful business owner with a business in either Saas/tech/digital marketing. When asked about his business he will reply with: a) no reply, b) I-I-I need to protect muh niche c) someone could recognize me if I say too much d) NDA, can't say anything


Eat shit LARPer, same to the newfags taking the bait

>>13524587
Are you from Scandinavia?

Age: 27
Income: $0
Location: UK
Investments: $0
Cash: Whatever wife gives

Lost my job due to worsening health. Thought it would pass but I've been walking dead for 3 years. I can go straight back into the field (medicine) if it ever turns around but it won't.

>>13523727
good
Age: 28
Income: 95k
Loc: NYC
Investments: 20k 401k and 5k in stocks
cash: 10k
Debt: 150 law school federal debt


eh i'm in tax so in the long run I'll be ok
i

>>13524796
what city are you near?
whats your degree in?
apply to contract consulting positions, compliance is one that has a lot of those.

>>13525525
Why do you even bother lecturing that larper. Pretty sure he is not making 250k with over 500k NW at 25

>>13523738
larp fag. shill your company if you are telling the truth.

You are doing pretty well anon. You've got the right idea on holding minimal cash, I do the same. Where are your crypto holdings?

Age: 32
Income: $150,000
Location: Switzerland
Investments: $400,000 Crypto portfolio (initial investment $10,000 back in 2012/13)
Cash: $300,000
Gold/Silver/Diamonds: $200,000
Guns: $20,000
Debt: $0

Came from nothing, my first working years in another country was making about $7,000 a year, no rich parents, bitcoin saved my life.

>>13529168
Nice, what is your job? Was it hard to find work in Switzerland?

Age:24
Income: None (recently quit my job)
Location: Chicago
Investment: 10k in stock, silver and crypto
Cash: 15k
Trustfund: 1,574k

Am i doing alright?

>>13525176
Wow retards still using stock indexes as a substitute for bonds. Really funny

>>13529183
I was able to get a job on my second interview here, Software Engineer... can be difficult sometimes because of language, fortunately the company where I work English is the main language.

>>13525509
>he does not understand capital stack
Equity is a slice of hope between assets and liabilities. Boomers have rigged the economy but it will not last. Bonds guarantee repayment stock gives you no rights

>>13528537
The only slightly smart anon in this thread who is going to buy 5k worth of silver. But honestly you should buy 15k and get an even 1,000 ounces

>>13528537
You are doing great but you need to understand that when the currency fails having say 10 ounces of gold and 1,000 ounces of silver will enable you to buy 20 houses, THATS how you make it with gold. In the paradigm shift.

>>13528850
It's not about buying groceries with gold you fuckhead. It's about the new currency being backed with gold. It's about the currency being backed by real money whether paper or crypto. How stupid are all of you? If dollars started getting issues by banks 200 years ago and gold wasn't backing it, Americans would have laughed and told them to fuck off.

You morons don't even understand that the primary function of money is to MEASURE VALUE of goods exchanged for it. And gold measures value great, and dollars measure value very poorly.

Example. 100 years ago you earn a good weekly salary which was 20$. 1pz of gold also equaled 20$. Had you kept that 20$ in your pocket for 100 years which was a good weekly salary when you earned it, today that 20$ doesn't even buy you lunch at a bar with a beer. That 1 oz of gold on the other hand is still equal to a good weekly salary at $1,300 an ounce

>>13529248
Bond market will explode. Never trust an instrument guaranteed by the corrupt govt. buy gold and silver it's that fucking easy

>>13528545
my best days are ahead of me. r-right?

>>13523727

Not that good, save more or buy better stocks.

I am 28,
210k€ in liquid assets :
( stocks, bonds, gold, cash )
345k€ in other assets like :
( crypto, small forrest and land, art )

Currently planning my first house.

>>13529305
Gold is fiat too. It has nearly no inherent worth.

>>13529469
lol it's inherent worth is that it is money and has every characteristic that money has to be.

Why do you think gold has been money for thousands of years dopey?

And is still $1,300/oz despite being de-monetized by governments.

Rearrange your brain and discard all the bullshit you were taught in govt shitty public schools

>>13529495
Because it was pretty and hard to get. It's no longer the latter and there are other things that fulfil the former better.

>>13529202
>Am i doing alright?
>quit job
Unless your boss was really awful you arent doing alright. You should never quit and sit at home unless work is abusive. Need to swing over to new job.
>>13529422
Unironically yes if you are tracking money and working on it now at 19 you will do well.

>>13529151
ok kid

>>13529768
AND what does this chart also show (or not show)? Savings, there are NO SAVINGS. You have to be an idiot to not have savings and all your cash in invetments. Get 50k in gold and fucking listen to me. Im on a new ID. Do as I say.

>>13529768
You need to understand that being anti-gold is absolutely retarded. Literally nobody going back thousands of years has been anti-gold. I mean its fucking GOLD.

You also need to realize you have a pretty sizeable net worth and it is absolute suicide to not have at leat 1/15th of your net worth in physical gold.

>>13529814
Gold is obsolete now that we have proof of work distributed ledger.

>>13529871
where gold has crypto beat is that gold cant be forked. you cant have goldsv or gold classic forked on a whim or a few keystrokes.

how much would bitcoin be if it wasnt forked or duplicated endlessly as altcoins

>>13529448
larp, no europoor has that much money

>>13529871
Bitcoin being 0$ or $1,000,000 has no effect on the value of gold.

Bitcoin wasn't spawned because there was a problem with gold. It was spawned because there is a problem with the dollar because it isn't backed by gold.

>>13529768
Same age as you, kid.
Your pic also proves nothing.
1. Nobody is going to pay some just out of school shitstain the same salary as a doctor.
2. Even if you did actually have that salary, the math still does not add up to 550k saved at 25

>>13530212
Cont-

There is literally zero issue between Bitcoin and gold. All these autistic Bitcoin so called smart faggots don't even realize whatever it is Bitcoin is trying to solve has absolutely nothing to do with gold or any problem with gold

>>13523727
Age: 38
Income: $102k
Location: New York City, NY
Investments: $90k (401k and ETFs and stocks)
Cash$ 32k

>>13530261
Put 10k of that cash into gold

>>13530221
Stay mad that others are more successful than you.

>>13523727
If you want advice OP, add gold
Not even a retarded precious metals hodler here, but making gold anywhere from 2.5-5% of your stack actually affords a hugely disproportionate risk protection for the value of your whole stack

>>13530377
Thank you. Especially if you have lots of money. I mean that Cali anon with 550k. How retarded and brainwashed and suicidal do you have to be to not throw even just 25k into gold?

>>13530369
1)The odds that a biz poster actually works for one of those companies is slim
2)You will not see anything close to that comp after the tech bubble bursts
3)I have more money than you, except it is not from wagekeking
4)It is not possible to make even 40% of that salary at 25 no matter what job you have in Europe, which is where I live
5)You should listen to the anon telling you to buy gold

>>13530456
All I see is salt. If you weren't larping and really had more money than me you wouldn't be so upset.

Age: 20
Income: $10k
Location: Canada
Investments:0
Cash: $20k

In school for computer engineering 2 year come fall.

wut do i do /biz/

Age: 18
Income: $12000 after tax
Location: Czech Republic
Investments: 0
Cash: $1500

Trying to graduate high school

>>13530823
Lots of muslims ther??

>>13530854
No, not at all. A lot of Ukrainians though, I unintentionally learnt Ukranian

Age: 28
Income: 140k before tax
Location: WA
Investments: 60k stock + 110k 401k + 20k crypto + recently bought a condo. 100k down on 570k
Cash: 18k

>>13530481
Just don't like larpers
How did you manage to save 550k so fast? Did you not go to school for CS?

>>13531640
You claim to be a business owner and yet can't perform simple calculations?

Age: 23
Income: 11.5K USD (neetbux)
Investments: 535K USD (ethereum)

Am I doing ok biz?

>>13523727
poor income for cali anon

>>13531819
Finish college at ~22? Save almost 200k/year after that. I mean good for you but seems very unusual. How dare americans complain about money when you can literally become a millionaire before 28 just from being a coder wagekek

kek some gold fag made TWENTY FOUR posts

>>13524928
>tfw graduating this year in Toronto with $700 rent and zero debt
No cash to my name but you gotta start somewhere. Rooting for you brah.

Age: 22
Income:45k a year
Location: Salt lake city for 600 a month in a one bedroom with the gf
Investments: None at the time being but I have 8k in a high yield savings

While I may be behind financially, i enjoy my life immensely. I'll be done with school in one more year. I've leveraged contacts working at the bank to have a guaranteed position in business banking once I'm done with school which is 120k a year plus commission. Also I love to ski so snowbird season pass with 70 days of skiing weekends only and some vacation time has been awesome and I sex with the gf at least once or twice a day

>>13523803
>I will not go into it any further as it’s a niche.

HAHAHAHAHAHAHA SURE KIDDO KEEP DREAMING

>>13524587
Now, this, is what I like.

>>13532278
Nice anon, she is cute.
You are not behind at all, you are ahead since you seem to be happy unlike 99% of anons here

>>13532324
I hate to quote marvel, but the way I've lived my life has been: no amount of money ever bought a second of time.

Also: The most dangerous risk of all- The risk of spending your life not doing what you want on the bet you can buy yourself the freedom to do it later.

>>13532324
We're all gonna make it someday frens

Gonna be honest lad sub 1 year salary in savings is bad

Age : 25

Income: Recently just liquidated entire net worth o bitmex

Career: Maintenance and Security of Nursing Home

Can't lose

>>13533397
U forgot:

>retirement plan: altcoins

24
40k(technically unemployed but getting money through GI bill and part time video editing)
investments: 25k in stocks
35k in high yield saving account with Marcus by Goldman Sachs.

Also live at home so no expenses

>>13523727
Age: 72
Income: $1/yr
Location: Washington
Investments: $100mill
Cash: $3mill
Net worth: $3.1 billion

>>13533623
Based

>>13532068
Shut the fuck up you stupid asshole. Im trying to save you faggots unironically.

Age: 34
Income: $45000/yr
Location: Oregon
457b - $7000
Roth IRA - $8000
Trad IRA - $12000
Investments: $8000
Cash: $3000
Debt: $35000
Net worth: $2000

>>13534947
Dr John Armstrong (author of The Water of Life) emphasizes the need to massage with urine. He insists that cures work faster and more effectively in those who are bathed, massaged, rubbed and soaked in their own urine. He highly recommends it for more serious illnesses, since urine is absorbed through the skin and the hormonal and protein-based contents are slowly reabsorbed into the system, bypassing digestive juices that otherwise may have neutralized their potency. In this way, it also works as an excellent cosmetic for moisturizing and healing skin blemishes, burns and scar tissue. However, for this usage, it is preferable to use urine that is 4 - 8 days old. The smell of ammonia in the old urine is not toxic but actually beneficial if used topically only, and not taken internally.

>>13523727
op is a faggot

>>13528862
this made me lol

ever crypto larper does exactly the same thing