/biz/ - Business & Finance

Whatever my parents are worth.

>>574670
~-$58000

About -£24k

-20000

60K I want to get a small house with my wife but the housing market is so inflated in southern ontario

>>574688
Yeah, I'm in the same boat. All the rich assholes from China keep buying up all the houses in Vancouver, BC.
It's like 280K is not even enough for a down payment here.

81 bitcoins

2 shares of GOOGL

$2100 in savings

22 years old

>>574694
Ugh that's painful. I'm in Burlington, hottest housing market in Canada. Prices have doubled to an average about 600k since 2008 due to GTA expansion outward and there's people bidding up everything on the market

>>574700
How have your two shares been treating you? I was thinking about buying in, I have a feeling it might go up soon.

>>574670

1 '92 honda accord with 150k miles
1 share Tesla
1 share google
2 shares of whole foods
2 ounces of gold
3 bitcoins
15 shares of coca cola
600 USD

I'm only 23 and about to get my associate degree from cc, no debt. Feels pretty good mang, most people my age have zero financial sense and actually have a NEGATIVE savings rate.

>>574670
~ 11k in 457b / Roth IRA
~ 10k in cash
~ 10k in car
~ 105k in house

~ 93k mortgage
~ 4k student loans
~ 12k car loan

In all about 27K

about 20k

>>574719
>has ounces of gold and some bitcoin
>but has only $600 in cash

Dump that semi-illiquid, half-scammy crap and get more cash for your emergency fund, please.

>>574700
>wut

Same thing than above, but you're even worse.

bout tree fiddy

>>574761
decent

>>574670
>-2k
>not bad for student

>>574670

$1,500 cash
$11,000 value of 2007 mustang GT

$50,000 student loan debt

- $37,500.

The bills I need to pay, THEYYYYYYRRREE GREAT! (Tony the Tiger voice)

I own a appartment worth 4.5 Million NOK
and I have 1.3 Million NOK in the bank.
NOK--->$. Around 900K$ Total.
>18 years old
(inherited ofc)
Btw could you guys give me any tips on what I should do with the money I have? Should I just let it rot in the bank, or use it for x?

>>574840
The amount in the bank is 200k$

>>574840
1. Basically the smartest move is to invest in index funds, search "lazy portfolio" on Google.

2. In any case, given that you are quite young and clueless, you should ask for professional advice in a respectable bank. I think DNB offers excellent private banking services in your country. Go ask them.

>>574840
https://www.dnb.no/privat/sparing-og-investering/private-banking.html

1.8m

>>574840
get the fuck off /biz/ and find a decent money manager who will actually teach you market techniques rather than just leech off your money

I have £5k in savings. don't want to get banned years old.

About 100k in holdings. Down 50k to settle all debts from earlier this year.

>>574694
Do you need a real estate agent in Vancouver? I can probably find you a nice apartment for 300k

About $250k. I'm 30. Pretty much on track for an okay retirement I think.

>>574729
Can I ask why you have student loan yet more than enough cash to cover it?
(Not trying to sound rude)

>>575789
Not that guy, but better to hold the 10k as an emergency fund than dump it in to student loans, particularly if the rate is low.

Personally, I'm carrying ~20k in student loans with ~40k in my trading account. My trading account makes 40% a year vs the 2.whatever I'm paying on my student loans.

~50 pound sterling

-24000

$20,000 in the bank.
$90,000 in a Roth IRA
early 20's, making a decent amount of money...and not knowing a god damn thing about investing. I'm a god damn poor fag.

>>575914
>$20,000 in the bank.
>$90,000 in a Roth IRA
Is this normal for a 20 something year old?

>>575939
No, not at all.

>>575939
Probably not. Worked in the family bidness since I was younger and now I'm doing something else entirely. Family member handles the Roth IRA and does well.

28

$60K salary
$3K in savings/checking
$42K in broker account
$91K in 401K/IRA

$7K student debt left to pay off
No other debt.

Am I doing okay? Never got married or had kids, so I never went through the mortgage, car loan, and credit card debt curse. yet.

27
>110k house equity
>8k savings
>4k checking
>17k brokrage
>10K roth
>15K guns, snap on tools, car, guitars ect.

I've never made over 40k a year

>>575939
No you need at least 2.5m at 20 to be a success on /biz/

>>575966

>he only has a net worth of 2.5 million at 20

lmao stay poor peasant

about 500 000 € montly

>$2500 car+motorcycle
>$2000 savings (I should invest this)
>$16000 worth of usable inventory for my online business I'm starting

How am I doing for 19?

I still owe $7300 from student loans, and I am unemployed so ...

Networth = -$7300

26

€6k bank
€1k cash
€11k student debt

Might sound strange, but I'm quite happy with it. I'm very frugal and I don't work.

>>575970

How do you make it cuz.

>>575970
>Static net worth
>income flow

>>575974
Inventory before a business.

Shiggy diggy doo

>>574670
Over 250k

how much money do I need by the age of 40 to retire and just make personal finance my fulltime job while knowing pretty much for sure that I'd be living at least at middle class standards even if my risky investments don't pay off

is there like a calculator for this

>>574670
18 year old

$1050 currently

>>574840
stop taking advice from a renaissance-era scandinavian cutlery imageboard

40K CAD
and 16 pesos

>>574670
Fresh out of school with an Associate's...

~4.5k saved
3k car
1k in guitar maybe
1k in computers and random shit maybe
10k in debt from school

0.

>26 years old
>$5,523.71 in bank account
>no college because poor
>haven't worked in 4 months

I'm scared

Roughly
3 314 $ cash
17 700 $ saved up (parents saved up for me and I have saved alot myself)

19 years old

A $95K degree
$6000
$18K car

>>575789
Frankly, it's just that most of them are my emergency fund and the rest are my month to month floater (bills/mortgage)

My student loans are only 2.99 at the highest which is just exactly the same as my car loan and also the mortgage.

Ideally - my student loan will be paid off by the end of 2015 and then my car loan within 2 years, give or take.

>>576183
>95k degree
>6kusd
>18k
thats a nice way of saying that you have -71k

21
130 dollars
no job or education
homeless

>>576206
true keks

26 years old

152 shares in AAPL
9 shares in BBRY
87 shares in INTC
81 shares in MSFT
1600 shares in NTEK

About $1500 in cash

Cash and cash equivilants: 190k
Condo: 560k or so
mortgage liability: 265k
Dog: 20k
Others random crap and illiquid assets: 35k (conservative estimate)

>>576254
What type of dog do you own??
A GOLDENretriever

I apologize for that, I'm slightly sleep deprived and found that unacceptably funny.

On the topic at hand

19 years old
Was very fortunate to land the family business a large contract
I personally am worth just over 2 million South African Rand.
That's just under 200k.
Of which is cash, aprox. 90k

>>576266
200k US
90k US

6k in the bank
2.5k invested in peer loans

35k owed in school debt

I'm hoping at some point to land a comfy job that affords me the possibility to toss more money into both my loans and my investments to eventually earn monthly what I have to pay monthly so the money earned from work can be put to further investments and then I can get loadsamone 30 years down the road.

Did I dun gud, /biz/?

> 24
> $505,000 real estate
> -$180,000 debt
> $8,000 stocks
> $35,000 cash

Total $368,000

>tfw I'm richer than average fully adult people almost anywhere in the world, yet I fear I'll lose my money all the time and stress about it much more than I should

>>574825
>50k student debt
>buys a mustang

AMERICA FUCK YEAH!

>>576311
You're -26.5K rich. Yes, you dun did good.

>>574670

Just around 3000 dollars in stock, 1000 dollars in cash

So, if you have no debt you count to the top 10% of /biz/

>Owe £13k to my sister
>Owe £10k to my gf's parents
>paid rent 'til September (£15k in total)
>have £5k in bank account
>gf's job £24k/year after taxes
>starting my graduate job in July (£30k/year) after taxes

I'm about -18k pounds but future prospects are good. Should be even in a year or two.

>>576411
Why the fuck do you borrow so much money from your sister and gf's parents?How did you spend it? Also, what does your gf's salary has to do with your net worth?

>>576408
In the last thread every other person was a 21 year old multi-millionaire.

>>574670
2 or 3 hundred bucks

>>576419
>Why the fuck do you borrow so much money from your sister and gf's parents
Because it's better than borrowing from a bank. No interest, I can return it whenever I have enough money.

>How did you spend it
I spent it to move from Eastern Yurop to UK. My university tuition (£11k), and my rent (£15k.. Fucking London man...).

>what does your gf's salary has to do with your net worth?
She's a fucking asset, that's what. She cooks, cleans, works her ass off, listens to me, sucks my dick and doesn't complain. I mentioned my gf because our debt is shared, thus returning it is easier. We moved together. She works while I study. I had the grades and potential to actually make it somewhere in life. It was done to escape the wage slavery in my home country (e.g. if I worked in the UK for 10 years and saved as much as I can, I could retire in my home country).

In the end, I'm very happy with how things turned out. I will graduate a top 5 uni and right off the bat work in an elite company.

I'm 26 and close to $300k right now. I'm currently working on getting a masters with plans to graduate in May.

I really hope I can get a job soon. Stressing out about my future and having thoughts of relocating to another city.

bout tree fiddy

$65k net worth

~12k€ in savings being a 25 year old student who already graduated with a degree in statistics and finance and is currently getting a law degree to work in M&A law (will probably be done by 28). It can only go up from here.

About 1800€ cash
35 shares berkshire hathaway b
800 shares aegon
1500€ in an robeco accaunt

19 years old
I'm doing quite well compared to most others in the thread.

£5k in savings, income of £10k. £500 invested in forex.

>>576329
>24
>not fully adult

okay kid

17 btw

(USER WAS BANNED FOR THIS POST)

22 yrs old

11k in savings and growing.

At least until I'm out of the military next year, at which point I'll probably be fucked. I wanna become a doctor but with my educational score that's pretty unlikely over here.

Why do I have the feeling that a lot of the people in these threads tend to lie and/or didnt make any of that money themselves?

>>574688
10,000 cash, no debt, four shares of target and a POS car I nearly totaled trying to get it pass inspection.

>21
>uni student - finance
>about 50k
>tfw no student loans

I sure am lucky to have wealthy parents

>>576927
>kek

>>576973
>tfw having wealthy parents
>tfw they always treated you like they were poor

>>576995
I know this feel

>parents made me work
>went to community college
>live in shit dorms at school
>at least they bought me a nice car

>>576995
mfw I got poor parents
mfw I cant afford living in the city of my university
mfw I am shuttling 3 hours per day

>>574670
Feedback welcome:

>30
>Florida
>Own & operate 2 white collar businesses
>$72k AGI 2013
>$52k AGI 2012
>$28k AGI 2011

Assets:
>$230k real estate, 3 rentals
>$60k-100k biz valuations
>$40k Roth IRA (Vanguard Target 2050)
>$18k cash
>$10k misc. personal assets
>$8k vehicles
---------------
$336-376k gross assets

Liabilities:
>$78k mortgages
>$3k approx. short term liabilities (payroll, taxes, CCs, etc)
---------------
$81k liabilities

Net worth:
$255k to $295k

>>574670
well if we include my birthday money I would estimate it at around $500, which is really sad because I am 35

>>577052
We all have to start somewhere my friend

$8500 savings fund.
~.75 bitcoin
in 1.5 years I'll have a $240,000 degree paid for by my loving parents

About $74,000 CAD. Hopefully enough to get me through the next two and a half years of an accounting undergrad.

>>577093
>Having money in crypto for any period of time
>1999+15
Anon, please, do the smart thing and change the bitcoin to actual currency.

>>577105
Unless you're a total fucking moron, that will be more than enough.

While I never went into debt doing my own accounting major, my net worth at any given time was never more than $9,000, which was usually after working full-time in the summer. Never spent more than $16,000 a year all-in.

A lot less than the price Jesus paid.

>>577217

24 year old phd student (Fellowship is 31k/year)

$22 in bank
$6k car (kbb value.)

$750 credit card debt

Question for /biz/: Should I do anything with my $22k? I'd like to keep ~$10k for emergencies. Is it worth investing $12k?

>>577209
I thought so, thanks mate. I'm lucky to have rich parents, that's all I can really say.

>>577183
meh. its not that much money and you never invest more than you're willing to lose. If I didn't have it in bitcoin I'd just put it towards video games, which imo is just another distraction from my schoolwork

Age 18.5
Highschool, uni in may 2015 (waterloo)

10k invested into nflx when it was like $10/share, sold at $265-$295

Made a nice amount


Invested 250k into bitcoins when they were $10-$15 each, sold when price jumped to $650-$750

Nice profit

-got like 14mill ATM, spent a mill few months ago for a rental property investment-

In October I invested 5mill in go pro when stock hit $66/$67 then shot to $84/$85 and I sold and made 23-25% profit (1.25mill) which made back my rental investment

So basically my cash is 14mill give or take a few hundred k

No car, no personal house, no nothing, only spent my money on 4 alienwares and a few 4k TVs recently because I just turned 18 and never had access to the money right away lol

GTR and Aventador shopping recently ;) along with 2015 amg s class sedan

But yeah

I mostly got lucky in my trades and I never made a lot of them

Just a few big all in risky investments

(Parents gave me 10k to start with cuz I was bored)

FYI my parents are average middle class in southern Ontario earning $120k annually combined

So I'm not a rich kid cuz of them it's cuz of myself only.

-int3n

>>577285
Did you have a fun time jerking off in fantasy land?

>>577299
Yeah man lots of fun, so much fun I just literally dreamt about you and that I was giving you some money cuz you were begging in front of the McDonald's I go to :(

>>577285

This is my way of begging.
1Fp2SVp54ygoR9sh11w2WmGaDhCUzTnxPA

>>577285
Congratulations, /biz/. We now have a future tripfag of our own.
>tfw you thought you found a good board in /biz/ and it starts getting infested the same day
>tfw you feel you are somehow indirectly responsible for introducing this scum to the board

>>577285
I wish i had such great luck as you, anon

real or not I really would want to not become a wageslave once i leave the house and contemplate suicide on a daily basis earning $8/hr

>>577336
Technically a namefag at this point.

>>577285

So the last time NFLX was 10 dollars a share, it was around 2005. You're 18.5 years old now, so that basically means you bought NFLX when when you were 10/11... thanks for the laughs.

23
10k cash
Car worth 3000

Will be a wage slave until I die

>>576995
You fucking ungrateful piece of shit

How much did you inherit: The Thread

>>577384
Meant to quote >>577011

>>575948
>Am I doing okay? Never got married or had kids, so I never went through the mortgage, car loan, and credit card debt curse. yet.
this

Cash - £3,000
Peugeot 206 - £500
PS4 - £200

Yeah, that's about it lol.

All those people that count their consoles/pc to networth...

This board is a fucking joke.

>19 years old Texas USA
>5.5k in student loan debt
>5k in brokerage account
>~1.5k in checking account
>car (cost 3k 3 years ago)

About $1000.

16k$~
22 years old, not college education yet

>$145k
>Uni student (uni free)
>23

Ayyy lmao

>tfw investing investing money into shares is retarded where I live because the government takes at least 26.68% of you profit

>>574825
Sorry your mustang isn't worth 11k

23 yr old, college

>No debt, and will graduate with no debt
>22k in trading account
>5.7k in ira
>~5k cash
>old elantra worth about 1.5k

Goal is to accumulate 40k by graduation. I live with mommy cos she never kicked me out so my monthly bills are extremely small. My resume will also be very stacked out of school so I'm confident I'll have a job soon after school and can move out

>$0 debt
>$1763 bb value on my car
>$100 in the bank
>$53 unpaid earnings

$1976...

23 yr old, college

Around 12k dollars worth distributed between gov debts, savings, and 3 different currencies

All saved from scholarships and internships

>>574670
bout 10k

>>576353
can we check out the money in stock?

€98,000 in savings
30 stocks in netflix.
(17 years, made tons of money off idiots clicking ads on my YouTube channel)

-$19k

>t-thanks college

>8k in trading account
>2k in IRA
>1.5k in Roth IRA
>6k car
>100 in checking account
>20 in my wallet

>networth ~18k

>0 debt
>getting degree in Accounting & Finance in 1 year.

>21 year old male who started from 0
>poor family
>thankful for my family supporting me.

>tfw student loans are going to begin soon
>tfw shitty minimum wage job
>tfw paying my own car, rent, utilities and groceries
>tfw no help from parents, neither I want help from them
>tfw in the next few months I will be homeless if things don't change, and I don't know how to
>tfw suicide begins to look more lucrative

Just turned 23
About $55k in savings
$3k old shitty Toyota
No debts
Currently saving for investment property

>>577584
spare some change?

-90k mortgage
+200k apartment
18k in savings
2k in checkings
5k in car

$8.72

>>574756
I'm not >>574700 but I'm in the same boat. 60 BTC (got lucky a few years ago), very little real $.

Still in high school, so I have no expenses. Should I sell or just keep and take the risk (because I don't need the money)?

>>578171
I would keep for a bit longer, the prices seem to be getting higher. And I also forgot to say my networth when I created this thread

>>577093
.75? is that even notable

50k in student loans

2 1/2 years out from a PhD in math