/biz/ - Business & Finance

$340k

this gif hits different when your morning poo is sliding out of your asshole

>>53921883
7 figs+
Simple as

>>53921888
LMAO good one. From 2018 to 2021 I could have had 7 figs. Fucked up. Age 25 I peaked at 230kish. Lost most of it. Regardless the potential to hit 7 figs by next bull market's end is there. 340k is retardedly low by 34

>>53921883
3 white children.

>>53921883
Between your savings, investment/retirement accounts, and home equity (you do own a home right?), $500k minimum, high 6 figs is decent, low 7 figs is good. If all you want is a Colombian slutbunny like gif related, you could probably get away with less.

>>53921883
1.2m if you are doing well and have some kind of business. This also depends on how many you employ... From experience, Criminal defense operating in 6 counties with 3 attorneys and a single paralegal using auto-filing software can net you 600k a year if you are at the top of the quickbooks ;)

>>53921883
Positiv

>>53921883
$13,000

>>53922029
Damn.. I was balling

I'm a yurofag so things are a lot more pathetic here. I'd say if you had 100k in investments and paid off at least half your mortgage you'd be in like the top 10%.

Yes we are that poor.

>>53921883
About tree fiddy

Why are her armpits so dark?

>>53921883
50k if you're outside the us, and 1m if you're from the us

>>53922152
Damn you just ruined the gif for me. Absolutely disgusting.

>>53921883
$2,500,000

>>53921883
$3.6 mil

>>53921883
i fucking hate this gif. all the lights are on and its pitch black out? is it not time to sleep for men and beast alike? mans arrogance knows no bounds

>>53921883
I NEED TO KNOW WHERE THIS WOMAN IS FROM

>>53922152
All nonwhites are like this

>>53921888
I feel like this is a reasonable goal for most people provided you have no debt a stable job and maybe have a home or something. Crypto trannies are obsessed with their 2021 numbers and are too busy waiting for the next boolrun. We still have so much lower to go its crazy.

>>53922369
Are you an idiot?

>>53922490
that is quite clearly the outdoors behind her through the glass door and i find it unlikely she lives above the arctic circle so yes it's nighttime

>>53922509
That's literally what lights are for, dipshit. To illuminate when it's night.

>>53921921
kek you mean worthless?

>>53922378
Italy perhaps.

>>53921883
Completely and totally arbitrary. In your early 30s, you could have a net worth of $50k because you're just starting a business or just bought a house and are at the front end of massive loans, or you could have a net worth of $500k at the top of some scam bubble. Or you could have a net worth of $200k because you work an okay job and do absolutely nothing but put your paycheck in the bank.

Who is this scenario is best off?

>>53922152
>>53922378
>>53922603
The girl is pretty obviously Latin American. Everything about her appearance lends itself to a girl with mixed race ancestry--but predominantly white. Also, the vase looks like something a Sudaca would have.

>>53921915
That net worth at that age would make you a top 10% HOUSEHOLD at that age, by any definition solidly middle upper class.

You're an idiot.

>>53921883
800k

>>53922410
not true but they all have something that triggers a disgust reflex even if you end up liking them.

>>53922608
the price of your house adds up to your net worth, idiot

>>53922704
only as much equity as you have in it, idiot.

>>53921883
>>53921888
>>53921900
>>53921905
>>53921915
>>53921921
>>53921942
>>53922001
>>53922008
>>53922029
>>53922043
>>53922044
>>53922077
>>53922152
>>53922199
>>53922225
>>53922228
>>53922342
>>53922369
>>53922378
>>53922410
>>53922413
>>53922490
>>53922509
>>53922533
>>53922570
>>53922603
>>53922608
>>53922640
>>53922657
>>53922666
>>53922689
>>53922704
>>53922717
incels

>>53921883
430% of what it was at 24

>>53922378
a place where they put chain link fences over the balconies to discourage home break-ins. i'm going to guess Colombia

>>53922533
hylic fool

>>53922733
Joke on you I'm actually a volcel

>>53921883
That's a man

>>53921883
$500k is good, but somewhat hard with zero inheritance.
Because of inheritance/family relations, it's hard to pick two guys and compare them.

>tfw 34 with no money but have a nice place and fuck 21 yos and shoot guns.

>>53922861
sounds nice anon, how do you afford the nice place and the guns without money though?

>>53922733

>>53922029
>median net worth
that has to be bullshit if most people are in debt

>>53922733
>>53922805
what if i'm celibate because i'm mentally ill and have plenty of opportunities to hook up with women but have severe neuroses that prevent me from moving past flirting/getting their number?

>>53923218
the chart is presented without any form of context, around what population it's measuring or what qualifies as net worth, so yeah, I'm gonna call it bullshit.
Even just earlier in this thread a guy was implying that the full value of your house contributes to your net worth regardless of how much equity you've actually accumulated from it.

>>53922717
The point is recently buying a house doesn't affect your networth. Either you have the would-be down payment in the bank or you have the down payment as equity in the house. So your argument is moot

$5,000,000-$10,000,000

>>53921883
Retarded geolocation specific thread kys.

Herbed.

>>53922152
You should see her asshole.

>>53921883
You know, that's exactly what ChatGPT is trained to do.

>>53922043
Was? What happened?

WHAT IS HER ONLYFANS

>>53921883
why did you have to pick my age you demoralizing faggot

>>53921883
Are we including the value of my internal organs?

>>53923441
yes it does. the money you owe on your mortgage is a liability.
>have $100k net worth
>purchase a $500k house
>put $50k down
>take out $450k mortgage
>net worth is now -$350k
that is how it works. it's also why "net worth" is a retarded measurement, that, as i said, is arbitrary.

>>53922029
This is fake and gay. Median is negative, at most 2k for under 30
Average is 90k

>>53924116
The liability is offset by the asset you retard, you can liquidate the asset and pay off the liability.

>>53924167
But what if you can't sell your asset at that price?

>>53924116
This has to be bait. Net worth = assets - liabilities, and your house is the asset that offsets the mortgage.
Are you honestly trying to argue that all houses are worth $0?

>>53924116
Wrong
>have $100k net worth
>purchase a $500k house
>put $50k down
>take out $450k mortgage
>net worth is now $50k (in bank) + $500k (value of house) - $450k (mortgage) = $100k

So by your logic, someone who has $500k in the bank and buys a $500k house in cash now has a networth of $0? Okay

>>53924167
>The liability is offset by the asset you retard
>You can liquidate the asset and pay off the liability.
I don't understand your point.

>>53924369
>Are you honestly trying to argue that all houses are worth $0?
I have no idea where you're drawing that from.
>>53924427
>So by your logic, someone who has $500k in the bank and buys a $500k house in cash now has a networth of $0?
No. They have a net worth of $500k because they actually own the asset in full and have no liability to pay off.

>>53924116
>https://www.investopedia.com/terms/n/networth.asp
>To calculate your net worth, you subtract your total liabilities from your total assets. Total assets will include your investments, savings, cash deposits, and any equity that you have in a home, car, or other similar assets. Total liabilities would include any debt, such as student loans and credit card debt.

>>53924479
Okay so if someone pays down $499k on a $500k house, leaving $1k in the bank, their networth is $1k? You're drawing senseless arbitrary lines

>>53924479
Just because you have a mortgage, doesn't mean you don't own the house or that you don't have full access to its equity.

>>53924506
If you put $50k down on a $500k house, you have $50k in home equity and $450k in mortgage debt.
>>53924518
What? No. Their net worth is $499k,
They have $499k worth of equity in the house plus the $1k they have in the bank minus the $1k in debt they assumed as a loan.
>You're drawing senseless arbitrary lines
I reiterate: net worth is a senseless, arbitrary measurement.

>>53924549
>you don't own the house
yes, you own the house. but that doesn't mean you own the value of the house. you've assumed debt in order to own the house.
>or that you don't have full access to its equity.
you have access to its equity in the form of collateralizing your future, expected (but not yet realized) equity.