In addition to the above, and not to hijack the purpose of the thread, I'd like to know what fellow anons have to offer that may be of interest/worth purchasing to those of us that are a step or two ahead of the starting out phase.
Personally, I build and sell furniture and store fixtures, which may not be of use to fellow anons, but it pays the bills; consequently, I'd like to help give back what little I know to help out. I'm sure some true experts will materialize eventually as well.
Is saving 500 a month acceptable for a 31 year old with 15k in savings? I'm fairly savvy and frugal and always have some kind of investment working for me (not just stocks, buy and flip cars/ items in general).
So, is that an acceptable amount to save per month? I have a few short-term goals to reach: 50k by 35, 100k by 40 but those are very generalized and could happen sooner depending on what I invest in and my propensity to learn even more in the next 9 years about money and investing in general.
Also, what do you currently strive to save each month, age, etc..
Honestly, nothing really. I want to save money. I want enough money to eventually take smaller risks and make nominally the same amount I would from leveraging up currently. Overall I want to have a good amount of reserves over time. That's vague, but I don't require much money to live now and don't really strive to live a grandiose lifestyle should I ever fall into some money or save a good amount of money.
>meet Australian guy >trades for a living >shows me account statements where he makes $15K a month >shows me his strategy >tfw I lost $3K before giving up >talk to him everyday and tells me what I'm doing wrong >keep doing it
Down $900 this morning. Should I just give up? You have to be born a trader.... Comment too long. Click here to view the full text.
So I started a job six months ago as an intern, working with the only two people in the department. When one of the two left, I took her place as an associate. And now, my bosses's boss has informed me my immediate boss (the only other guy in our department) is leaving in a month.
So in the span of six months I'll have gone from an intern to the lead of a department in a large corporation.
Problem is I don't want this fucking job. That's why my bosses left. Now I'll have much more work and I will feel quilty if I leave, as I've been... Comment too long. Click here to view the full text.
I wouldn't expect them to hand over his salary to you...his duties, of course, but not salary...unless he's been there like a year.
Try it out for a while and if it doesn't work find another job. There might be a lot to adjust to but that will taper off; so you just have to be willing to make mistakes and keep showing up at work for the next however long.
I can't sell my art. Some of it has been stacked to the rafters through cultural mining, but I can't explain it to you, everyone will deny it, it won't make the people happy I wanted it to, but it has value that I can't get to. You're also too stupid to buy it even if I price it sensibly (at huge personal loss). What a fuck. I can't turn it into money , help.
>>981374 I know nothing about the market and have yet to even take my first Econ class but the current climate does not seem sustainable. Grads making 130k in Bay area start ups just doesn't seem capable of being maintained.
>>981264 Two possible cases here. 1. You're the next coming of christ gifted with flawless intuition and you can do no wrong no matter what 2. You took high risk positions and through some combination of skill and a lot of luck came out on top.
My money's on #2 and my advice to you is not to get overconfident. When I first started investing I did very well and I started thinking "this shit is easy I'm the next warren buffet" and I took too much risk and it all collapsed and I lost 90k in... Comment too long. Click here to view the full text.
>>981261 Are you retarded? Live like your income is 50k/year, for 4 years, and save the rest of your money in an investment account. 130k is more than enough to get a solid financial advisor to help you with this.
After that 4 year period, if you haven't gone full retard with your spending habits, you'll have a nice bit of change in your savings/investment portfolio and can start growing it faster.
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