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/biz/ - Business & Finance


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27160580 No.27160580 [Reply] [Original]

$2.5 million crypto
$400k ETFs
$100k cash
$60k physical gold
$15k physical silver

30 y/o with $300k/year income. not larping, just looking for ratings - I've been second guessing myself in the recent clown world reality.

>> No.27160628

crypto is in LINK and PRQ

>> No.27161181

>>27160580
sick bucket? based

>> No.27162130

>>27160580
hazy jane is good desu

>> No.27162445

>>27160580
Silver most valuable thing there

>> No.27162527

>>27160580
Depends, how do you cook your burger

>> No.27162562

>>27160580
>rate my wealth allocation
retarded/10

>> No.27162692

>>27160628
makes no sense to not be at least 50% in BTC with your amount of capital even though LINK is based

>> No.27162754

>>27160580
Put half of what you have in crypto into precious metals and become a dragon.

>> No.27162773

>>27160580
The strangest part is that your life is probably hardly any different than someone who lives on debt and hasn't worked a day in her life. Love the modern world.

>> No.27162851

>>27160580
keep the silver and liquidate everything else you've got for crypto
even if you're not all in, send it over to blockfi and collect 8% apy

>> No.27162854

>>27160628
>not keeping it all in DOGE
ngmi

>> No.27163254

>$2.5 million crypto
>$400k ETFs
>$100k cash
>$60k physical gold
>$15k physical silver

10 wedges of fries
1 teeny tiny burger

OP i just ate three of those burgers. you have that much money but you dont order a full sushi boat? i guess that is what doesnt make me a millionaire though. still that looks liek an african dinner OP

>> No.27163602

>>27160580
how many wife & children ?

>> No.27163664

300k income doing what? also how much tax % you pay on that 300k

>> No.27163694

>>27160580
so you bit a burger
without biting any of the meat
just biting the bun
>ok?

>> No.27163698

>>27162130
my favourite of theirs
>>27162527
rare

>> No.27163775

>>27163254
kek I'm just not an American fatass. I cook all my own meals and live modestly. trying to get to $10 million so I can just retire. why piss it up the wall on raw fish

>> No.27163851

>>27163664
chef at wendys

>> No.27163860

>>27163664
I take home about 230k after tax. expenses are about 50k/year for everything

>> No.27163911

>>27163860
Interesting, whats your job?

>> No.27164002

>>27163911
aerospace engineer.

>> No.27164057

>>27163698
Ehh, still too raw for my tastes, but at least you didn't say well-done

>> No.27164142

>>27164002
Ah thank God it's not a meme career like programming

Was starting to think I made a mistake getting into areospace myself

Thanks anon, god bless

>> No.27164193

>>27164002
Nice. I wish I had the intelligence and social skills to get a good paying job.

Im stuck earning $25k because autism.

I wish I at least had a $100k job so I could have more money to invest with.

>> No.27164200

>>27160580
List guns and ammo hoard otherwise you're a nigger OP.

>> No.27164294

>>27162854
shut up cuck

>> No.27164317

>>27160580
>not larping
larping

>> No.27164324

>>27160580
Honestly I like it, it’s very wealth aggressive, but when the whole financial world collapse you can at least survive for a bit

>> No.27164419

>>27160580
why do you have that much money at only 30 lmao
anyway, good allocation except for the etf, wtf
if you don't get bitcoins you might get screwed though, at that level of wealth you can't take that much risks

>> No.27164449

>>27160580
>$2.5 million crypto
Everything's at the ATH. Move everything that's not BTC to ETFs

>> No.27164462

>>27164002
>>27164142
I'm a britbong in a meme programming job, it's £36k a year but is it possible to get into aerospace? Surely they need some software engineers or something

>> No.27164571

no friends eh anon :(

>> No.27164806
File: 33 KB, 360x296, 1562028523810.jpg [View same] [iqdb] [saucenao] [google]
27164806

>>27160580
If you're actually rich, then why are you living in an apartment eating cheap fast food?

>> No.27165035

>>27164449
ETFs are going to crash so hard soon back to 2008 levels. Get ready to watch 300 points disappear

>> No.27165217

>>27160580
TV looks shitty. Get a better TV and a nice sound system.

Other than that, keep doing what you're doing. Might want to bump cash up to $250k in a nice FDIC insured account so you're ready for a 2008 style crash. Leave the rest in investments.

>> No.27165293

>>27165217
>sound system
Ignore him OP get a fucking stereo, proper turntable, good amp.

>> No.27165463

>>27165035
Then hold in cash until it does.

>> No.27165555

>>27165293
Vinyl sounding better than digital is a hipster myth.

I guarantee you a nice 192 kHz, 24-bit FLAC download from HDtracks blows any vinyl record version out of the fucking water.

>> No.27165700

>>27165555
In a similar vein, tube amps are overrated, only good for preamps imo

>> No.27165797

>>27160628
>>27160580
PRQ is great, good choice. Personally, I'd focus on stacking more silver but I'm a poorfag with only 21k parsnips to my name.

>> No.27166045
File: 44 KB, 116x182, JPEG_20200714_234953.png [View same] [iqdb] [saucenao] [google]
27166045

>that house, TV and drink choice
>millionaire
pick one.

>> No.27166114
File: 19 KB, 428x368, tiredpepe.jpg [View same] [iqdb] [saucenao] [google]
27166114

>>27165555
>thinks sound quality is trump card
>doesn't just want to collect old records and listen to them once in a while
And I'm so sure that every single obscure, or rare, or not well known artist has had their stuff transcribed to FLAC, right? You're the kind of guy who has a fucking cooking app on his phone, and uses that to tell when the meat he's grilling is done. Fuck off lol

>> No.27166278

>>27160580
If the recent hullabaloo with gamestop doesn’t make you want to put more into crypto idk. Makes me bearish on traditional finance for sure. Could maybe pull some crypto out and go into real for rent but I think your allocation is pretty solid.

>> No.27166343

wonder how many UHNW guys there are on biz

>> No.27166433

>>27160580
How much DEXG?

>> No.27166544
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27166544

>>27163254
why are you bragging about being a fatass?

>> No.27166664

>>27160580
what a shitty larp

>> No.27166665

>>27166544
hes american obviously

>> No.27166667

>>27164193
hey man I feel like a high functioning autist some days, don't let it get you down. find something you love and become the best at it

>> No.27166738

>>27160580
What about land?

>> No.27166840

>>27166045
kek I don't need a lot. People who are rich and flaunt it like retards tend to either lose it, or have so much they don't care. I've only got like 3 mil man, it isn't much in the grand scheme of things. bought a antshares in 2016, LINK in 2017. I don't see why I should get a flashy apartment.

>> No.27166912

>>27166738
just as bare land? seems very illiquid, that's always kinda scared me away from it desu. easy to buy, hard to sell.

>> No.27166920

>>27164002
Wait that isnt a meme career?
Is your job interesting?
I really don't know what to study next year, i already have a degree in physics

>> No.27166981

>>27166544
Dude that literally looks like a meal for an 8 year old. Are you like a 120lb manlet?

>> No.27167059

>>27166912
Resource rights, my dude.

>> No.27167129

>>27160580
you need much more silver fren

>> No.27167139

>>27166920
im quite advanced in my career path. I'm very good at it I guess. it's pretty cool some days, other days it does not feel challenging. what sector of physics interests you? I nearly studied nuclear astrophysics as opposed to aero

>> No.27167228

>>27167129
was thinking of buying a monster box for $20k. it's like 15kg though and a bitch to secure. I can keep it with my guns I guess but it's a big ol box

>> No.27167464

>>27166544
lol i eat big fucking meal and get it over with, i dont put sugar in very single drink, go out for lunch every 2 hours and eat fucking trash all day. you can eat a big fucking meal and not gain weight.

>> No.27167520

>>27164806
>cheap fast food
this is bait but I'm biting
which restaurant did he get it from

>> No.27167731
File: 11 KB, 559x149, Clipboard01.jpg [View same] [iqdb] [saucenao] [google]
27167731

>>27167520
the one that can't cut a bun in 2

>> No.27168116

>>27167520
I made this bro

>> No.27168144

>>27167139
I have always had a hard time pinpointing what intrestes me the most, reason why I decided to go for physics.
I know for a fact that I should stay clear of something to theoritical, as math has a tendency of boring me, so i have been looking at different paths in engeenring.
Atm its a debate between computers, biophysics and nanoscale (quantum) engineering. But i have always a sweet spot for astronomy, and i have been looking at different aeronautical progames aswell.
Anyway. How bad are the bad days? Does it ever get repetitive?

>> No.27168192

>>27167731
I cut that bun. it's homemade. thanks for passing it off as fast food though thats sorta flattering

>> No.27168239

>>27160580
if you need validation from an anonymous anime crotchet forum you still haven't made it

>> No.27168256

>>27160580
>>27160628
Put only 2 million in crypto
30% BTC
20% ETH
50% other coins

>> No.27168333

>>27168144
you'll make it. are you studying for curiosity and knowledge, or a career? quantum engineering fascinates me, just wish I had the spare time to work at it. yeah lots of data management. Time between projects is dead space sometimes. but when we are in the middle of a big project and it peaks, it throws me into this stressed flow state that I love.

>> No.27168410

>>27168256
you can't see bigger upside for LINK in the next few years?

>> No.27168423

>>27168256
55% BTC
25% Other coins

>> No.27168447

>>27166114
My dad's got a wifi thermometer for when we smoke brisket. Shit's pretty neat.

>> No.27168732

>>27166840
>I've only got like 3 mil man, it isn't much in the grand scheme of things.

Fuck off, yes it is. It's a shitload of money you perspective losing fuck

>> No.27168956

>>27168732
enough to start blowing it young like a retard?

>> No.27168979

>>27168333
I have always been driven by curiosity, but im not an idiot and at some point i need a career.
>stressed flow state
That shit is the best. Is that something thats common in engineering?

>> No.27169009

>>27168410
No, I don't lol.

>> No.27169013

>>27166840
>I've only got like 3 mil man,
is that like 2 mil after taxes?

>> No.27169020

>>27164142
why is programming a meme career

>> No.27169074
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27169074

>>27160580
>with $300k/year income
>tfw 27 yo and still no degree
>never even earned $300k in all my life
>not even a networth of $300k
>mfw
At least I have 5k LINK which hopefully secure a retard like me a future

>> No.27169124

>>27169020
It isn't; engiqueers are salty theyre not at the forefront of the information revolution; we don't need faster planes; not until the 4th reich that is.

>> No.27169202

>>27169009
Regardless you can still put $250,000 in Link if you want; just stupid to invest a mill in it.

>> No.27169411

300k a year? Get as far the fuck away from here as possible, my dude. Half this board will try and bankrupt you, the others will try to convince you to help them pump something so they can make a small-end profit that will hurt you negligibly, but probably net them a couple thousand. This ain't the place you want to be.

>> No.27169446

>>27160580
Hey I just had a burger and fries as well!

>> No.27169471
File: 176 KB, 1357x959, SILVER.jpg [View same] [iqdb] [saucenao] [google]
27169471

Nothing is more valuable than physical silver.

Gold doesn't have anywhere near the amount of industrial usage that silver has.

When the market crashes your crypto and meme stocks that fail to liquidate will be worth nothing.

Gold is for sitting in the bankers vault. What price action could gold possibly achieve? 2x? 5x tops? Silver can easily reach $1,000 per oz.

Silver is for everything.. computers, phones, home appliances.. Tesla uses massive amounts, try to ask Elon how much they use per car and he will run for the hills.. with all the other companies getting into electric vehicles, we would run out of physical silver long before everyone has their own cybertruck.

The industrial usage of silver is rapidly catching up to the amount that is mined every year.. most silver that has ever been pulled out of the ground has already been eaten up by electronics.. insiders say that most of the best silver deposits have already been mined.. We will see $1,000 per oz within this decade, likely within the next couple years with all the current hype.

If we buy up and hold all of the retail supply, the price will moon and Elon will be offering 10 anime girls and an electric car for every physical oz.

The reason the price is so low right now is because bankers trade way more digitally than what actually exists through scams like SLV.

(((They))) don't want you to know the true value of physical silver, but everyone will quickly realize as soon as it's all bought and used up. Once it really starts happening, (((they))) will try to crash and subvert this by any means whether it's more extreme manipulation of the spot price with fake numbers or dumping their own stockpiles.. what does this mean for us? BUY MORE PHSYICAL AND HOLD. THIS IS THE MOST IMPORTANT THING. DO NOT SELL REGARDLESS OF WHAT IS HAPPENING. BUY AS MUCH AS YOU CAN AND HOLD.

Hoarding physical silver will set us free.

BUY PHYSICAL FIRST, then if you want stonks get AG(First Majestic Silver Mining)

>> No.27169558

>>27160580
Do you own enough food guns and farmland in an area that will not go full on mad max when this shit comes crashing down? That is the real question you need to ask yourself.

>> No.27169679

>>27169471
I can only hold 15kg of silver, is that the limit

>> No.27169746

>>27160580
how do you make your own burger buns OP?
also Im 35 and have 50k networth so kindly go fuck yourself you rich faggot

>> No.27170275

>>27169411
without this board I would never have found like, and I'd be a few million down. this is only the second time I've posted in 4 years, mainly because I've run out of good threads to read with reddit retard mania. I won't fall for scamcoins don't worry

>> No.27170407

>>27169746
kek sorry boomer. its not a dick swinging contest, just asking for insight. I bought the buns, made the patties.

>> No.27170427

>>27170275
Will I make it with 5k LINK you richfag?
Please tell me
I am retarded, autistic and have no real marketable skills

>> No.27170441

Solid meal and great beer

>> No.27170488

>>27169558
I have enough guns to take whatever food and farmland I need.

>> No.27170532

>>27163698
Punk ipas more of my type bud

>> No.27170585

>>27170427
I have no idea bro. I don't know if I'm going to make it with 100k LINK. sorry. I do know that I've spent 1000s of hours reading about every crypto project I could find, and I'm nearly all-in on LINK.

>> No.27170591

>>27160580
>not making 1mil a year at 30
what have you been doing with your life anon ?lmao

>> No.27170754

>>27163860
>300k
>230k after tax
where is this tax haven you speak of?

>> No.27170813

>>27160580
You're poor as shit, faggot. Kill yourself, peasant.

>> No.27170859

9/11

>> No.27170884

>>27170754
I also run my own company. lots of deductibles.

>> No.27170949

>>27160580
depends how much nigger anus do you tongue per anum?

>> No.27170960

>>27170813
of course it's a brown ID

>> No.27170967

What ETFs and why are ETF's going to crash? I have only $200k and no idea what to do with it. You're obviously doing well.

>> No.27171079

>>27170967
I have a split between 5 x vanguard etfs. whole world, US based, Europe based, emerging markets, established markets. its as wide of a spread as I could get. pretty boring desu but doesn't crash often

>> No.27171086
File: 1.63 MB, 648x1440, 1610263159501.webm [View same] [iqdb] [saucenao] [google]
27171086

>>27160580

Good larp post

>> No.27171119

>>27169746
>buy flour
>mix some yeast into ~105F water
>mix 16 oz with either water, milk, or yogurt (if you're a currynigger) along with the yeast
>add a couple teaspoons of salt
>mix dough
>cover and leave it for a couple of hours
>knead dough and divide into several fist sized rolls
>cover with damp towel for another hour
>place rolls in oven at 450 degrees until golden
It's just bread man.

>> No.27171136

>>27160580
I would move some money from cryptos to etf, gold and silver. Escpecially to silver and i mean real physical shit

>> No.27171278

>>27168192
This nigga cutting buns and he wants us to believe he has 3 million in assets

>> No.27171399

>>27171119
no wonder your bread looks like a non raised jew bread trash .99 cent 8 pack english muffin tier when you don't feed your yeast properly

>> No.27171455

>300k/yr

Considering your parents are clearly rich, I'd say you're doing pretty fucking shitty.

>> No.27171469

lol you prbably work 1000x harder than me and I eat and drink better and have a tv twice as big
NGMI LOSER

>> No.27171544

>>27160580

Bro... instead of giving any amount of fucks whether your portfolio stack is a 10/10, do something with your money. Go find people who wanna start a venture or just hire me to do it for you. Money can be FUN. let's build racecars or dope gaming rigs or something

>> No.27171681
File: 63 KB, 599x900, 1582092667058.jpg [View same] [iqdb] [saucenao] [google]
27171681

>>27171399
Please don't tell me you use fermax on your bread yeast anon. Also not OP kek

>> No.27171719

>>27160628
>PRQ
this is how we know you're larping

>> No.27171904

>>27171681
nah you a retard though as again yeast needs nutrient and you telling people to mix flour with just water. are you perchance a mongoloid retard who then waits 30 days to rise his dough

>> No.27172008

>>27171681
>Also not OP kek
well as long as your buns aren't OP's dollar general 8 pack english muffin trash tier we good

>> No.27172085

>>27171544

Also, im an out of work aerospace welder if you were feeling REALLY ambitious. I can pass any alloy any position. Lets build some shit and make your money do something

>> No.27172400

>>27163860
Yep, it's a LARP post as everyone already knew. Before LARPing next time at least do basic math.
>>27170884
Nice try. Embarrassing

Also, it's extremely unusual to have a flat 300k salary, basically nobody in aerospace would. Most aerospace companies are publicly traded, so you will have a large part of your pay in vesting stock bonuses on top of a more modest base salary in the 100-150k range. Also, it's basically unthinkable that someone would have OPs fake financials and not bought a home unless they live in the Bay Area or NY, there's definitely aerospace jobs in SF Bay, but OP already lied himself out of pretending to live there with the laughable tax quote.
t. actual engineer

>> No.27172547

>>27171904
It does just fine breaking down the flour. I used to add sugar when activating the yeast, but eventually found out it that it doesn't really affect how quickly the bread rises or make a better crumb. The only time you should be getting autistic about feeding your yeast nutrients and paying attention to nitrogen content as well as optimal pH levels is when you're trying to make alcohol.

>> No.27172856

take pic of ur gold with /biz/ and date on it and we'll give you a rating. If not fuck off LARP wannabee loser

>> No.27172913

>>27172400
at what point have I said I'm American? you're seething salt.

>> No.27173006

>>27172856
kek it's in a safe deposit, and I don't have to prove anything to you. why would I larp when I'll drift back into lurking after this thread? I've had some good input here, all i needed.

>> No.27173118

>>27160580
That’s decent allocation. I would personally drop the PRQ for BTC or ETH but your cash flows 230k income - 50k expenses is a solid safety net. What ETFs are you in? I’d get your precious metals up to six figures then stop adding there. What’s your debt situation? Hopefully you have a locked in low interest rate for a mortgage. Debt against assets is actually a great inflation hedge as well. I’d say add more real estate, land, and get into the 21 BTC club in the future.

>> No.27173301

>>27160580
>not larping
Needs ratings from biz on a salary that you only make in either a top manager position or some silicon valley bullshit
Yeah, I'll take it what you actually own are
>$2500 crypto
>$400 ETF
>$100 cash
>$60 gold
>$15 silver

>> No.27173333

>>27172913
>massive salary and 23% tax rate outside of America
You're embarrassing yourself anon, take a breather, do some research on whatever career you are going to pretend to have next time and how taxes work, and maybe try again in a week.

>> No.27173536

>>27173333
23% on 300k is correct right now in the US but it will go up under Biden. OP needs more real estate and land that can generate cash flows. I’d rate 6.7/10

>> No.27173668

>>27173118
the prq is a shit shoot desu - I picked up 60k PRQ a month or so, and considering it lost. going to hold out for binance listing. got a 350k mortgage but the interest is 1.9% on a 5 year fixed, so no need to overpay or pay off. etfs are 5 x vanguards, listed them above. last year has been about 18% gain (started moving from cash into etfs during March 2020). is it a good inflation hedge only if you've got a good fixed rate?

>> No.27173721

>>27166840
This is why you have money. You’re smart and not like these retards who buy a lambo if they ever got a mil. Judging by your portfolio you have great risk management.

>> No.27173740

>>27173006
fair play continue on then

>> No.27173749

>>27173333
seethe harder. waste of quads, focus on yourself and your bitterness

>> No.27173839

>>27173721
Are you playing a small portion like 1k-10k on this game stop play or did you decide to watch from the sidelines?

>> No.27173904

>>27173536
Which country has an aerospace industry where people get payed 300k with such a tax rate ? Op just said he isn't in the US but no one in Europe makes that much money outside of CEOs and top management.

>> No.27173905

>>27173721
it blows my mind that people come into money and buy meme cars and flashy shit. it's literally the chance to never have to work again at a young age

>> No.27173996

>>27163254
Go back to faddit

>> No.27174343

>>27165035
I don’t get it. Most etfs didn’t perform that good last year (the full year. I don’t mean march till now). Why should it crash that hard?

>> No.27174352

>>27160580
I’m gonna cum all over you and give you hepatitis c

>> No.27174625

>>27166840
A modest life with that kind of money is the dream, especially if it can be lived alone. I have no respect for people who think six digits means they can start blowing cash on useless things.