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/biz/ - Business & Finance


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17027485 No.17027485 [Reply] [Original]

/biz/ how fucked are you financially?

Rate hate etc

>31
>no debt
>90k in bank 10k in 401k
>make 85k a year but no house or investments

>> No.17027505

>>17027485
You’re doing alright. No debt is fantastic given the statistics

>> No.17027519 [DELETED] 

27
Aus NEET
24k schizobux
2k linkies 80k PNK

>> No.17027541

27
Aus NEET
24k schizobux, rent free w/ tendies
2k linkies 80k PNK 100oz silver

Should never of joined the military

>> No.17027542

>>17027485
>39
>Retired from mil with pension
House in the Bay Area with a huge mortgage...but about 130k in equity
Listing house in April moving to bum fuck
>No debt
>15k in savings

>> No.17027546

>>17027485
no chainlink?
what are you doing with your life

>> No.17027551

>>17027542
Oh I also have 2k in XRP
And 2k in linkies

>> No.17027564

>>17027485
>>90k in (((bank)))
You're doing it wrong. Keep as much money as you need for living in the bank and keep everything else in stocks/real estate/crypto/gold.

>> No.17027570

>25
>120k on 401k
>50k in bank
>1.2M in ETH (bought at ico)

>> No.17027576

>>17027485
>45
>make 120k
>all in link
>probably gonna rope

>> No.17027580

>>17027485
Not terrible... you safely need 1m to retire with no mortage payments. Am financial planner. You’re way better off than most.

>> No.17027584

>>17027485
>36
>mortgage on rental house
>made no money at my full time job for 6 yrs. studying for a career change
>30k income from part time job
>30k link
send help

>> No.17027604

Why would you need to have such quick access to $90 000? That large of an amount should never just be sitting.. Unless you're scared of Corona markets meltdown.. And even then, put it in Gold stocks with dividends like Agnico-Eagle.

>> No.17027605

>>17027584
Form what career field are you moving and where to anon ?

>> No.17027607
File: 682 KB, 810x601, Capture d’écran 2020-01-29 à 18.31.41.png [View same] [iqdb] [saucenao] [google]
17027607

fuck american data miners seriously

kys if you answered

pic related : the future of the US

>> No.17027748

>>17027485
>show of wealth thread

Ok I’ll bite

>31
>130k GBP in self invested pension
>30k in cash
> 240k in bitcoin and link
> 45k equity in home worth 480k

>> No.17027781

>23
>live with parents
>40k in low risk investments
>no other savings

>> No.17027782

>>17027584
finance to IT(ultimate goal pentester). Might be able to land something IT related in a bank or something.

>> No.17027788

>34
>0k in bank
>make 75k year
>15k in debt with a house I can't afford to keep after my wife left me

also, been in crypto for a long fucking time and have nothing to show for it. I'd probably nec if I didn't have kids to raise desu.

>> No.17027799
File: 563 KB, 500x623, 1579853040054-pol.png [View same] [iqdb] [saucenao] [google]
17027799

>22
>no job
>parents will kick me out at any moment
>only have a hundred dollars on crypto

>> No.17027813

26
Household income 160k
Net worth 210k

>> No.17027817

>>17027782
Funny, I'm doing the exact opposite move.

>> No.17027823

>27
>65k/yr overworked engineer
>90k debt
>no savings
>2 btc, 400 Link, 7000 xrp, 800 pnk

>> No.17027834

>>17027781
Glad to see another anon similar to me.
>23
>Take care of grandmother
>20k
>15k in crypto
>5k in gold/silver

>> No.17027838

>>17027834
>20k in fiat*

>> No.17027845

>>17027834
Please explain your reasoning for having so much of your networth in precious metals. is your goal to die rich, or are you extremely risk averse? I don't get it..

>> No.17027848

>>17027788
Why not sell the house?

>> No.17027866

>>17027845
I just put aside a certain amount of cash for it each year, like to have some funds outside of fiat.

>> No.17027870

22 aus
45k savings
1.8btc
2k link

>> No.17027872

>25
>70k/yr
>no debt
>live w parents
>5k in 401k, 20k in crypto, 10k in IRA, 30k in bank

bretty comfy desu but i want more btc

>> No.17027881

>>17027607
hey schizo, the people who want this information already know it
take your meds

>> No.17027884

>31
>no debt

You win.

>> No.17027907

>>17027485
>26
>leased 911 4S
>20k in bank 135k in 401k
>make 85k a year, this years bonus was 80%

MM IBD to Real estate buyside from a non target

>> No.17027916 [DELETED] 

>>17027485
Got 100K Link and 10M UND. Just waiting for Kleros to 50x and UND to become 2020-2021's Stratis and we good to never work, senpai.

>> No.17027936

>30 year old Boomer
>50k income
>24k student loans
>23k in bank, 500 link, 2k in gold and silver.

If I think we're going to get significant inflation in the next few years should I put my savings towards a house down payment or payoff low interest student loans? Am I too stupid based off of my financial portrait to accurately be expecting inflation and making decisions around that?

>> No.17027937

47
25k debt
I bought SAFEX with my credit card two years ago.
I have lost 97% of my investment.
Waiting for SAFEX to hit 5$.
My wife left me because of that, but I am riding it to zero, all or nothing, not selling, I trust dabek

>> No.17027969

>>17027782
why jump from finance to IT?
>>17027817
yeah im trying to go into finance too. At least a programmer at finance/banking/securities companies

any tips frens? all companies that I joined are usually focused in manufacturing/logging/government projects. It is boring as hell. I want to work with things that move money around like payment gateway, payment operator, and trading cryptos hehe

>> No.17028022

>>17027969
Dude luckily for you the future of public markets is going quant, sparing the old boys club that is illiquid fixed income (OTC, anything based on mortgages, structured products) but even that is getting a quant view now. Look into Quant Researcher, or, quant trading, both on the buy and sell side. Go read wallstreetoasis.com because you know nothing rn

>> No.17028040

Got 100K Link and 10M UND. Just waiting for UND to become 2020-2021's Stratis and we good to never work, senpai.

>> No.17028066

>18
>burger neet
>$500 in crypto

will start working at a refinery in a month or so and then i’ll earn $1000 a week- to invest in more crypto

>> No.17028078

>>17027969
because personal service banking is going the way of the travel agent.

>> No.17028097

>>17027485
>21
>Student
>Net Worth of -17K but 775 Credit Goy Score

Hope it's all worth it in the end. Microsoft stock went up a couple of dollars today so that's some feelsgood

>> No.17028106

>>17027866
Why not at least buy equities? You're really fucking yourself long term buying things that don't keep up with inflation let alone market returns

>> No.17028112

>21
>35k year
>4k silver and rare dollars
>1k investment
>no debt, also no college
>own 2 car and jet skis(20k all together)

>> No.17028121

>>17027907
wow, you can't afford that car at all with that fucking salary. I hope to god you don't live in nyc or chicago

>> No.17028120

>>17027485
>32
>90k student debt (at least its interest free)
>3k in bank
>put 30k into NKN when it was 50 cents (it's now 2 cents)
>never had a job, make $0 a year, survive on government hand outs

>> No.17028134

>>17027541
>Should never of joined the military
why? is that what turned you schizophrenic?

>> No.17028140

>>17028134
No they're constantly after me now

>> No.17028152

>>17028140
what do you mean 'after you'?

>> No.17028154

>24
>1k credit card debt, about to pay it
>40k in bank
>2k in silver
>make 45k a year

>> No.17028187

>>17028121
I own an old volvo (2006) and am restoring a car in my spare time but when you work in private equity and tag along to client meetings and site walks you need to present a certain image. Also I love Porsche

>> No.17028206
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17028206

>30
>NEET living with parents in $38/hr cost of living area
>no debt
>11.5k in mutual funds in Roth IRA
>40k in 529 that I really want to invest for dividends and try some options trading with rather than giving it over to some university
>A little silver
>Plenty of ammo

pic is me in 10 years

>> No.17028211

>>17027866
So there's no reasoning, ok… Cause that's probably the worst possible move one can make at your age. Now is not the time for you to be investing into bonds and gold.. You need to be aiming for those 30%+ a year returns if you want to actually be able to use your money while you're still alive.

>> No.17028222

>>17027936
Another gold/bank retard. My god, how many of you exists???

>> No.17028234

>>17028154
The most retarded of the group perhaps. Don't pay your CC, off yourself and leave the money to someone that knows how to use it.

>> No.17028265

>>17027823
>800 PNK
Isn't that like $8? Why even bother?

>> No.17028309

>26
>Have 16k car loan
>Have 10k liquid cash
>Have another 6 in crypto and stocks
>Make 40k a year
>Live with parents

How fucked am I? Should I just bite the bullet?

>> No.17028468

>>17027485
>29
>8k in debt
>1k in bank
>90k in crypto
>Make 75k a year
>Live with parents
>Own a car

I wish I had more physical assests

>> No.17028477

28
No debt
14k in bank
90k in 401k
Live with Mom

Life is alright

>> No.17028500

>>17027485

27
12k car note
140k base
75k 401k, 50k cryto, 110k stock, 15k cash

just waiting to buy a house, muh downpayment in my area is like 200k for a shithole

>> No.17028536

19
215% of my net worth is in an ethereum makerdao vault

uwu

>> No.17028537

30 years old

no job
no house
live in a room for rent

13k link to my name all in .

>> No.17028550

I guess I fucked up. All these 401k fags make me regret my decision to go into business for myself

>> No.17028571

>37
>1k Stinky
>no debt
>$50k pa

>> No.17029009
File: 43 KB, 500x622, coronalink.png [View same] [iqdb] [saucenao] [google]
17029009

>>17027580
u mite want to re run those numbers my dude

>> No.17029064

> 25
> 5k worth of debt
> 5k in bitcoin/crypto/etc. and counting
> make less than 30k a year
> Still stuck at Community College
> No real strong social ties
> Physically and mentally falling apart despite all efforts

Kill me

>> No.17029098
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17029098

>>17027542
>>17027551
Bay bro, times are shit here, so many dudes living in cars putting on a tie and going to work.

I have it easy rent free, but my 4year BUS degree means jack shit here

>> No.17029107

>>17028537
how u pay for rent?

>> No.17029110

>>17028309
>Should I just bite the bullet?
with that attitude definitely

>> No.17029117

>>17027485
>31
>no debt
>150k in bank 10k in robinhood. 250k XRP.
>make 70k a year. I live at home with mom.

>> No.17029119

>>17027485
31
$150k/yr salary
$45k cash
$115k in stocks and crypto
$120k in 401k and other retirement accounts
$75k personal loan

I think I'm well on my way to retiring with $2 million net worth and moving to Southeast Asia by the time I turn 45.

>> No.17029124

>>17029098
>pic
cope
every single nihilist i know is a depressed mess of a person

>> No.17029137

> 18
> student
> 2000 usd of which I have invested 900
> Argentina.

>> No.17029167

>38
>280k mortgage on 650k house
>475k taxable accounts
>200k ira/401k
>200k income

i imagine i'm going to die of a heart attack within 10 years. i'm going to leave my estate to an autism non-profit.

>> No.17029190

>>17029117
>robinhood
Lol.

>> No.17029216

>>17027936
Anon the best investment you can make is paying off your student debt. It's literally tax free gains.

>> No.17029250

>>17029216
>2
does this work if i have 0% interest? and not required yet to pay it back? (netherlands)

>> No.17029273

>26
>Cashflow is unpredictable from self-employment
>$90K mortgage, $30K+ unrealized equity
>3/4 acre I could rent out/build on
>house note is cheaper than most rent payments, access to major cities, lots of incentive to give little fucks
>i dont even

>> No.17029300

>29
>110k/yr
>100k home equity
>71k 401k
>81k stocks
>65k crypto
>14k bank

>> No.17029328

>23
>NEET
>Don't own anything, have literally no money to my name

>> No.17029335

>>17029098
Get a job in tech, the money is ridiculous.

>> No.17029340

2.3 million in debt
2 cars
49k in crypto

>> No.17029344

Became a millionaire this week for the first time feels pretty cool man :)

>> No.17029348

>>17027485
>28
>no debt
>24k cash
>76k in tax advantaged accounts in a 90/10 stocks and bond
>41k crypto, mix of btc/eth/random alts
>make 87k a year and no house

>> No.17029377

>18
>no debt
>25k in bank, 70k in BSV
>own 50% of an apartment

>> No.17029388

-29
-No Debt
-$78,000 salary (not including $+7,500 bonus last year)
-$7,000 in investments (crypto/stocks)
-only about $7,500 in 401k
-$23,000 in the bank

I have a paid off 2018 mustang, that's about it.

>> No.17029527

>>17027485
21
10k debt to bank at the moment because i took a 20k loan to buy chainlink in 2018
97k link tokens
make 30k a year as an apprentice

>> No.17029547

>>17029527
forgot to add
>$200 in my bank account

>> No.17029645

>>17029388
I’m sorry you fell for the mustang Jew.

>> No.17029679

>>17027570
Why do you even bother larping to a bunch of neets in a filipino cartoon site.

>> No.17029713

>23
>no debt
>20 euro in bank 0 in savings
>200 in crypto
Homeless and can't get disability benefit despite barely being able to walk for the past 6 months.

>> No.17029717 [DELETED] 

26
No debt
About 40k in the bank
Unemployed
Live at home
Useless bachelor's degree

How am I doing financially?

>> No.17029740

>30
>0 debt
>£500 in savings
>Earn barely £20k a year working in the council

Feel like I want to end it all as I'm a complete failure.

>> No.17029755
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17029755

>>17027485
>29
>334k euro in mortgage debt
>3800 euro in bank
>88k euro in stonks + 30k in retirement fund
>210k euro in home equity
>70k euro a year working in a bank

>mfw I got a job right after uni when property prices and stock prices where ATL

>> No.17029767

>>17027485
Owe £15k because I partied too much.

Still sitting on 1,000 linkies and a mixture is shitty alt coins tho, kinda relaxed.

>> No.17029806

>>17029107
dj at a club on the weekends. all i do is get drunk and hit the play button and get reminined that i cant get hot girls, only average latinas

>> No.17029814

>>17029335
>just get a job in tech bro!!!
>1.5 hr commute
>you're a /biz/antine so you can only work in ops
>90k salary after 2-3 year mandatory self-flagellation period where you pretend to be dumber than your boss
>30-45k rent /year
>end up working and commuting a 60 hour week to eat ramen noodles so you can make rent
>3-5 years putting together scripting projects an engineer could do overnight
>while engineers call you dumb while autistically sipping the nanny-office-provided juiceboxes
>lose your job to an HR violation for posting too many references to that neo-nazi site 2 days before you receive a liveable wage

yeah just get a job in tech in the bay haha

>> No.17029830

>>17028309
>16k car loan
>10k losing money to inflation
>6k in highly speculative asset
>live with parents

nigger what the actual fuck are you doing. pay off your loan you absolute retard, that's not how you build credit.

>> No.17029883

17
idk howany of this money stuff works

>> No.17030099

>>17029250
Dutchbro you'll have to read up on the terms of your loan, but I'm under the impression that those pay later once done with studying loans have jacked up rates. Why would Ben steinberg give you money and expect nothing in return? Unless your state gave you the loan.

But the best practice is to always pay off your debts first before going for shitcoins and these guys with so much cash in the bank is also borderline retarded. Calculate how much you would need tomorrow should things go bad and then put the rest in an etf.
Money that you need to be stable don't put in crypto or those leveraged stocks

>> No.17030191

>>17027936
>Should I pay these 24k? I could do so much with the money that are just sitting there instead of paying these 27k. Why would I want to hurry, there's no rush in getting rid of this 30k debt.
Unless you can get away with never paying, pay the debt, but I know nothing about how it really works

>> No.17030206

2.5 k in xrp
.21 bitcoin

>> No.17030224

>>17027485
29
$10k savings
-$48 K uni debt
$87k pa
No real possessions

Have had the clap 3 times and have HPV kinda explains where the last 10 years went

>> No.17030229

>>17030224
>HPV
clear up fren?

>> No.17030239
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17030239

>>17027485
>29
>NEET living in childhood home
>2k in bank, 40k in crypto
>11k LINK, 1 BTC, assorted random shit
Am i gonna make it, as in will i ever be able to move out?

>> No.17030258

37
Decent sized house, 3 kids, wife, dog, cat.
About £20k in savings.
Earn £50k a year, unironically protecting the world whilst living in the shadows. Not the best wage but retire early with massive pension cuz guberment.
Wife earns similar.
Spend a month on holiday in the US every year because we get shit loads of holiday and a good work life balance.
Own various shit coins just in case moon but not massive amounts.

>> No.17030265

>>17027485

>36
>no debt
>meme liberal arts B.A.
>5.55 btc
>~$75k in savings account (sold house recently)
>in-between careers but making ~$50-60k as a household this year
>no property and no car at the moment
>living expenses around $1500/month total

kinda just feel like coasting for the next 4 years to see what happens with bitcoin. but forcing myself to go through freecodecamp to see if i can learn to code at all and possibly make some more money than i was in my previous career.

>> No.17030297

>23
>no debt
>living for rent
>gf and 1 yo son
>computerscience b. s.
>~80k$ year as full stack dev
>old bmw x5
>22.13 BTC
>200 Tesla Stocks
>living expenses around 2k$

>> No.17030308

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>> No.17030416

>>17027485
22
Europoor
No debt
15k in stocks, 2k in crypto
Uni student

>> No.17030436

> 30 Finland
> 400k in Real estate
> -150k in debt
> 60k in stocks/cash
> Business worth approx 200k

Income
> 40k year salary
> 36k year rent (gross)

I'm pretty happy, but I would want more salary :(

>> No.17030446

>>17028140
Based targeted individual

Tell us your story nutsbro

>> No.17030471

>25
>Renting flat, splitting costs with my gf
>40k€ a year
>About 2k € in savings, mostly due to moving twice in the span of two years and being unemployed for half a year
>1.5k in crypto, mostly btc but am actually daytrading my way up through memecoins
>no debt