/biz/ - Business & Finance

>32
>poor & single
>still live with parents
I rank at the bottom compared to my peers.

I took a fat shit and slapped my bully with it in the face. It got in his nostrils and he started puking. Faggot never went near me again.

>>52960600
Pajeet tier

>>52960624
>>poor
>>live with parents
retarded NEET

>>52960624
That’s average for the 18 to 35 range

I don't have a death pledge mortgage on a home that's 50% underwater, so relative to every homeowner in the country with a mortgage I'm doing much better.

for my country, probably somewhat above average, maybe in the top 30%
but many of the others got their wealth from buying a house as a couple, i have no real estate

>>52960985
>>52961132
Cope

>>52960600
>35
>$140k yr/ without factoring in trades
>single :(
I could buy a house but the trade premise of $100k out of pocket just to spend more on a mortgage than I currently do on rent, all of that going to interest for like the first 20 years, all while my house makes me no fucking money seems very retarded.
If home prices normalize and markets are flat thus neutralizing the opportunity cost factor then it’s more a considerable trade, as it stands right now though, nah.

bottom of the barrel
>32
>khv
>neet
>50 bucks in my name
>10k of debt made gambling with leverage
i'm completely uncapable of taking care of myself and acting like an adult

>>52960600
I'll make more money than them in the end so it doesn't matter. Let their mortgages and loans sap their wealth and long term earning potential.

>>52960600
I’m the most bookish and have a PhD in biochemistry and my friends from back home who are a cop, a real estate agent, and a union guy all have wives and homes and one has a kid

I’m 6’1, have a 8inch cock, blue eyes, 100% white, I have a wife and a baby on the way.

>>52960600
i'm 33 years old and still renting a 1 bedroom shithole apartment. in my defense i didn't start my career until i was 29, and the first year of my career was miserable.

>>52963735
Just live frugally and save 500k (if you dont have already), and you can retire at 40 like a king in SEA.

>>52960600
>34
>single
>unskilled, dead end wagie job
>still live at home
>community college
Saving and investing every penny I can. Hoping to finish a bachelors after my associates, get a better job, and be in a position to move out in the next 3-4 years. Tragic and undignified. Not proud at all. At least I'm not a virgin, so I guess I have that going for me.
>inb4 college is a scam
Not interested in your thoughts about school

>>52960600
>26
>Have a car and a motorcycle
>40k USD to my name is the third world
>I don't have a house
>I live with my parents to investmaxx
>kissless virgin

Its going Ok I guess.

>31
>rent 1k
>zero debt
>remaining money goes into ETFs and crypto
I can think of 4 friends that own a home, two of them are men that bought a fixer upper a year or two after college. The other two bought during 2020. Seems (((odd))) that in the two years since as we're coming into our prime earnings years that none of my peers can afford a home.

>>52960600
rank? Rank how? In happiness?
hard to say

>>52963858
Bro I don’t want to live in Thailand. I live in New England it’s not really so bad here we just like to complain about it.

>>52963869
What are you studying? Also any plans for marriage?

friend of mine, wife and him working, have small child, selling their flat in the city to move outside the city. flat now smaller, commute is 10x longer but he works from home for 3 days and she only does 20hrs.

wtf happened???

>>52960600
>28
>Almost 30k USD in savings which is breddy gud for a Balkanoid
>I was living by myself until the end of April, but had to move back to my parents until at least next spring
>Single atm, but not a virgin

I guess I'm doing alright all things considered. Also, czeched.

>>52963900
Associates in business management, applying into a bachelors program in finance/econ. I'd love to do the whole wife/kids/white picket fence someday, but being already in my 30s, I fear I'll be in my early 40s before I'm in a position to truly dedicate myself to a relationship. It isn't looking good kek. At least I'll have a degree to keep me warm at night.

>>52963947
>finance/econ
do accounting instead. i >>52963824 went back for a masters in accounting (bachelors in a meme degree) at 27. went from $57k/year 29 to $68k/year at 30 to $95k/year at 32, and i can probably break manager in another 1.5 years for $130k/year.

>>52963947
All the best anon. Are you religious? You could start looking at girls in your church.

>>52960600
Family sold me their investment property below market value in 2020 to help me out and to offload their bags as they retire.

Doing fairly well in wfh tech sales with various positions in the markets and a good cash flow/ cash savings.

Remember anons, if you have even $1000 cash in your name at the end of the month you're unironically doing better than at least 50% of all americans. Debt outstanding need not apply everyone is in debt in this shithole

>>52960600
>and peers who have bought a home?

i own my home with no mortgage so im ahead of just about everyone

>>52960600
>30
>married
>3 kids
>house with mortgage 1/3 done. Could pay it off all now, but my rate is low and I'd rather buy more Bitcoin

>>52963971
Hmm I'm not convinced I'll enjoy accounting. I thought I might like it so I've already taken 6 accounting classes for my associates degree and the more classes I take the less I enjoy it. I don't know if I'd survive another 2 or 3 years of accounting studies in a bachelors program. I understand it's more of a secure degree with (almost) guaranteed job security, but man these classes are a snooze fest once you get past accounting 101 and 102.

>>52963812
Cro-Magnon hands

>>52963999
Not particularly religious, but I unironically wouldn't mind finding a church girl who go to church and read her Bible. Thanks for the well-wishes anon.

>>52960600
>net worth is 20x my peers
>their lifestyle is 2x mine

>>52964040
>. Could pay it off all now, but my rate is low and I'd rather buy more Bitcoin

spoken like a retard.

>>52964074
YAGMI anon.

>>52964053
accounting IRL is much different than accounting in the classroom. it's still gay and boring but it's not unbearable. also consider that most finance jobs within your reach are going to be corporate FP&A type jobs. you can get those types of jobs with an accounting degree (in fact i do some forecasting and variance analysis as an accountant.) but on the other hand, someone with a finance degree can't do accounting.

This thread seems to have an uncharacteristically low amount of retards and dickheads relative to most threads on /biz/, hope you guys make it.

>>52963899
There are many places where the cost of living is at least 2x less than where you live. If your job is comfy, then good for you. As for me, I prefer retiring early and having a harem than being a wageslaving incel just so I can spend my money on useless shit.
>>52964076
Exactly this but 6 months ago. =/

>>52960600
28, pajeet, have a job that pays in usd. Own a home, live with parents, probably getting married in a year or two. Compared to my age and peers, I'm pretty far ahead in terms of finances (top 1% probably) but my social life is non existent.

I don't think the gravy train is going to last long though, pretty sure the company is going under in a year and I don't think I'll ever find a job that pays first world money in third world.
If I don't find a job that allows full remote, I'll probably kill myself. I refuse to work from an office ever.

>>52964150
That's true. Although my real interest is actually the economics side of things. Finance is interesting too, but I think I'd eventually like to pursue higher degrees in economics exclusively. I see your point, though, and it is food for thought. Nothing stopping me from accounting now and economics later I guess. So many choices, so little time. Thanks for the perspective, anon.

>>52964168
Kek. Threads like this are certainly few and far between.

>>52963888
Update, my top signal friend just bought a house with his girlfriend.

>>52964093
And you're a midwit, if he has a 3% APR all he needs is Bitcoin to beat 3% annual returns.

>>52964178
Not sure if you’re implying I’m an incel because I’m single, I’m not. I just don’t want to date any of the women who want to date me because they’re fucking trash. Thailand wouldn’t be an improvement because I’m all set with dating a Thai hooker.
If it really came down to it I could go to Eastern Europe where I have friends living but I don’t speak the language so it seems kind of dumb.

> 33
> live with dad
> $200k per year software job
> $700k net worth (was 1 Mil before crypto crash)
> fuck high-end escorts in hotels
> shoot expensive firearms

Not bad, could be better. Wish I wasn't a dumbass who lost money in crypto, I'd be much further along by now.

>>52964321
Doesn’t sound bad at all

26 years old.

Spent the last six months homeless. Now living in my parents garage while I try to build a business for myself and work part time as a jeweler +several side hustles. I don't have enough money to live on and often worry about having to live out on the streets again.

That said I don't have any debt. It's a weird age to be because there's a massive difference in the quality of life between people in my age group, but I can't really respect their "accomplishments". I've met many people my age who have just graduated college debt free, and bought their first house, and are working in tech and finance, all thanks to mommy and daddy, but it's not like they accomplished any of it on their own. Most of the people I grew up with are dead or doing life in prison, so that's the polar opposite side. It seems that most in my generation are graduating university with a crapload of debt and slotting themselves into a comfortable yippie existence. They live more glamorous loves for sure, working for a famous company and going out on the weekends to trendy clubs or bars, and they are obviously more respected than most, but objectively speaking their net worth is perpetually in the negative numbers and the socio-economic prestige they receive has been bought at the cost of their economic freedom.

I refuse to compare myself with someone who's daddy bought them a house, or who owes tens of thousands of dollars to the bank, no matter how superficially better their life is.

>>52964057
Thanks

>>52964040
lmao

>>52964040
>Shitcoin
Its going to rug hard to 8k. Look at pms, base metals, enery etc.

>>52960600
>28
>450k networth post crash (all stonks/house)
>230k WFH job
>best shape of anyone from HS
>engaged to long term GF married soon

Granted most people from my school were retarded so it's not hard to mog them.

>>52964428
>I refuse to compare myself with someone who's daddy bought them a house, or who owes tens of thousands of dollars to the bank, no matter how superficially better their life is.

Based.

>>52963812
>watches anime still

ngmi

>>52964797
>caring what other people think about your hobbies
>not being a true chad

NGMI

>>52963947
I'm an accountant and you unironically sound like a lot of my coworkers with families. Most of them seem to have unrelated degrees or associate degrees and wageslaved for a while until they got promoted. You can make it just remember that it's better to be alone than with the wrong woman

>>52960600
>33yo
>260k total comp wfh cushy tech job
>In an industry that thrives during economic downturn under a company that makes 80% of its revenue from government regulations in a sector the company is specifically trying to grow so I'm 0% worried about being let go
>Bet worth of about 300k
>Bought a home earlier this year at 375k and 4% interest
>mfw inflation is 8% daily
>mfw my city is still growing despite national trends
>mfw my home value is now 410k
I guess compared to people my age I'm in the top 8%. Feels pretty good.

>>52964904
>true chads watch anime now

okay Japanese child lover, I'm going to stick to the gym and socialising

>>52965118
I’ve probably been lifting as long as you’ve been alive little boy lol
I recommend you go outside and touch grass, you know actually socialize and not just go on your little discord channel and think that’s the same.

>>52960600
last year in my mid 20s? Top 1%. Now? Bottom 1%

>25
>900k cash
>500k crypto
>wfh code fag 300k a year
>fuck lots of roasties from dating apps
>annoyed i'm not a multi millionaire yet

>>52960600
buying a home isnt a rank. the govt owns it. if the govt can take it, the govt owns it. mined btc and bought xmr are the only thing that matters

I'm ok. I have an apartment and a shitty car. Most people I know are literally working as store clerks barely able to afford rent (with parents money). Only like five people are better off than me.

I don't know how I feel about being right in the middle between misery and fairly well off.

>>52965118
>>52964797
No, 'true chads' (aka normal guys) don't feel the need to defend themselves on an anonymous board like a little bitch. You can be as swole as you want (doubt you have ever done a push up in your life) but you will never stop being an insecure little girl mentally. Loser

>>52964428
You're probably gonna make it anon, try not to be resentful of people like myself who did have a silver spoon but you're correct to also not compare yourself to it. Godspeed

>27
>$550k (was $1m before this fucking bear market)
>$60k per year job
Doing alright, wish I made more. Need to buy a house soon though. Luckily I'm a midwest fag in a shit city so stuff is affordable for me

>>52963811
>Fool me once, shame on you
>Fool me twice, shame on me
>Fool me 3 times, I get a PhD

>>52963811
You got a PhD, your timeline is delayed by 5-7 years. No excuse for not finding a smokeshow undergrad while doing your PhD though

>>52960600
>42
>Happily married with 3 kids
>Paid off 3-bedroom home built in 2019
it is absolutely worth the effort and discipline to become debt-free. start small, (you) can do it

>>52963811
you will too fren, don't give up

>>52964428
>all thanks to mommy and daddy
Just curious but what makes you think they did nothing to get through college?

I am the most financially successful of my friends, but i am still not ranked that well among my coworkers. I didn't figure out until this year that I am priced out of the only area I know, so my options are limited. I have one friend who owns a house in a cheaper state but he runs a deficit every month and carries a CC balance. I thought he had made it but he appears to have overplayed it.

>>52960600
top 5%

>>52965745
debt isn't the enemy, debt allows you to increase your income and assets at a faster rate than paying for everything in cash

going into debt for a truck allows you to earn money hauling furniture and appliances around town, same thing for lawnmowers. housing debt is good - you can rent the house out for additional income, and in the vast majority of cases it's cheaper to buy than to rent.

in 2017 i was maxing out CCs and buying BTC on coinbase and got a 10x, then the banks decided they didn't like that and they closed that loophole

>>52960600
35, small business one man show for over a decade, business is pretty slow these days buy I'm changing that. I want to hire someone part time soon. If I can get the business to support it. Amassed 825k in stocks, crypto, cash at this point. In the year 2020 I was at around 200k in investments/cash. 825k doesn't feel like enough somehow. I'm in shock about that. I fear for how I would feel if 2021 wasn't so good to me. If I'm this worried about money now, how much worse would I be if it didn't happen for me? I did the math though, and 825k means I can likely invest 700k comfortably while using the rest for emergency fund and some upcoming expenses and business funds. 700k invested means that I can be financially independent in maybe 5 years, to provide for my own expenses. But when I factor in my family I'll have to stay invested for closer to 12-13 years. Which means I have to work for that much longer. My wife makes good money though, way better than me. But she's starting to spend it pretty fast, especially considering everything is just getting absurd with costs. Why do I not feel like I won the game? Maybe because I haven't yet. But I feel like I should be way more relaxed at this point. Oh forgot to mention, I own a home bough about 10 years ago and owe under 150k on it. So things could be so much worse for me.

>>52960600
>Bought a 2000sq ft 3-story townhome for just me and my cat at $470k
>Moved out of my parents place for the first time at age 25
>Cashed out ~$150k worth of BTC and $50k worth of random stocks/etf/mutual funds in April 2021 for $200k downpayment. Resulting in $270k mortgage 15-year fixed @ 2.37%
>Zillow estimate now has my house at $397k

I mean, it sucks I bought my place at the top of the market, but securing that low mortgage rate more or less cancels that out. Sooo yeah doing pretty good. I still have 2 BTC and 10 ETH. I make about $75k a year.

>>52969011
You should rent that out and move back in with the parents or at least look at roommates.

>>52969011
You should have chosen the 30 year option I have no clue why you're in a rush to let the bank have your cash. Especially when cash in 2023 will be clutch for buying the dip. But not for you, the bank will take it from you quickly so you can hurry to pay down sub 3 percent rates... Meanwhile, the entire stock market may dip by 40 percent or more off its ATH, a time to have as much cash on hand as possible.

>>52966571
There are three types: ex-military with all expense paid, third worlders on full rides, and Joe average American who's parents subsidize their education.

First and second kind are easy to spot, and often the thirdies still end up owing tens of thousands in debt (while working nearly full time to finance education).

There are lots of Joe Average Americans who claim they pulled themselves up by the bootstraps and paid off their college debt working fifteen hours a week on top of their education, but these crackers are all liars. Every time, without fail, when someone brings up a story like this they're leaving out the part where there parents paid their rent for four+ years.

It's simply not realistic to believe that somebody is earning the 20-40k a year needed for school fees/living expenses ON TOP of attending school full time. Nobody is consistently working 80 hours a week for four years while earning median US wages without a diploma, and anyone claiming otherwise is either lying to you or lying to themselves

>>52960600
I'm at the bottom of the totem pole yey I'm based and my peers are not

>>52969311
If I had to, sure! It would be fine because the rent (even with a management company) would cover my mortgage payments pretty easily. But no I enjoy my privacy and empty bedrooms, and when I have a girl over it's hell of a lot better then keeping us contained within the bedroom in my parent's place.

>>52969344
>You should have chosen the 30 year option
That is true. That was a poor choice. I thought the crypto market was going to bull a lot further and I got greedy wanting to pay it off faster harder with the slightly lower %.

>>52970111
Yeah I get it. Well it's good to know you have the option to do it if you need to. If you can afford that mortgage on your own I assume you're gonna be just fine. No chance I could do it. My half of our mortgage is only $700. I feel bad when I hear about people renting 1 bedrooms right down the road for $1700 a month...