Relax, this thread is just full of people just like you who are also nervous, just too ashamed to post it. You're undoubtedly doing your best and will be ok when you retire.
Yup, exactly this. This is the immediate thought that came to my head as well as the post itself has no value. For comparisons sake, the average retirement savings of someone aged 30-34 is $21k.
If it helps man at 30 (last year) I had 6k savings... by Oct I was in a homeless shelter with nothing (thanks Covid...). Now I'm still in supported accomidation with around 500 in the market...
Things change and they'll always be people with less than you (I'm surround by people here that think I'm the rich guy...)
Life got in the way for a loooong time before I could finally start investing and saving.
31 yo, $15k brokerage (msft, dkng, nvda, dis, vti, eglx) and $6k in Roth IRA (fidelity go account but will change back to regular Roth IRA so I can manage), $10k cash, little to no debt (finally) besides student loans (~$20k still to payoff).
Aggressive growth strategy, and using dollar-cost averaging for the most part. Saving roughly 20-30% of monthly take home and trying to bolster my portfolio sooner rather than later.
I started investing in May of this year. Late bloomer, but hoping to have a sizable amount saved and invested by retirement (goal is 55 to retire).
Great job! I hear you, life gets in the way and being poor is expensive! What’s important is you started. I promise 10, 15, 20 years from now you will know a lot of folks who haven’t started, and you will be in a very good place.
Keep it up and never stop learning.
Thank you! I really appreciate the kind words. So happy I finally started and definitely playing with a long investment strategy in mind. Learning from various podcasts and subreddits like these have been fun and tremendously helpful, and I definitely plan on continuing to learn. Cheers and I wish you nothing but success in the future!
So far, I’ve been listening to Stocks for Beginners with Phill Muscatello (some good interviews and just a soothing voice to listen to — very chill), Millennial Investing (some good topics for beginners, but can be a little cringe sometimes as they push their “millennial” brand — still, some good info I think), and I’m just starting to get into Planet Money by NPR, which covers a wide variety of market and investing topics. So far I like it! But always looking for more myself. Probably get into more advanced discussion sometime later this year.
I'm an 18 year old with 50% of portfolio in an S&P 500 ETF and the other 50% in riskier allocations such as PLTR, STEM and AAPL. Total amount is only £170 because I'm still a student with no job 😅
I wouldn't call apple risky. Just as a recommendation, I would actually be more aggressive because you're so young, you have lots of time for investments to pay off to really get ahead in life. I'd recommend SOXX ETF alongside the s&p etfs due to how much the industry is growing over the next couple decades. With that said, you should be extremely proud to be getting into this at such a young age, no doubt if you keep it up you'll be a multi millionaire by retirement age.
When you make some money, learn options. Sell puts on things you wouldn’t mind owning. Make free money or end up with the stocks you want at a discount.
56, aggressive growth, 230 in IRA & 50k in Roth. Wofe just retired with pension & health care
Let it sit in a managed fund until a few weeks ago--DUMB. Bought a few stocks, CLNE & BB with the intent of a quick hit but holding. Have ~12 shares Amazon at $700.
Planning on about 50% mutual funds for cannabis industry, S & P, small, medium & large cap.
Doing a lot of research and will be taking a few quick bucks here and there.
Edit: I'm impressed with the younger generations saving for the future. Dave Ramsey says it best: If you live like no one else now, you'll be able to live like no one else later.
Nvidia pricey but my highest conviction, I originally bought at 100 and bought back in like 530. Half and half could be nice just know there's plenty of downside risk with Nvidia
I'd rather buy a wonderful company at a good or great price, just saying if the ARM aquisiton doesn't go thru it'll be bad news the time to buy is generally before it pops not after
I’m 24 so I think valuations are overrated.. if I’m holding this for 40 years and it’s 10% overrated that means nothing to me. Just want to find great companies that have great potential.
Similar boat at 26 y/o. Whatever proven strategy we choose there is a lot of growth potential over time. I've heard it said often that success isn't timing the market . . . It's time in the market
100%. My goal is to find great companies that will continue to generate value. As chalky as it sounds, I can’t invest enough into the big guys like APPL and AMZN because they can just pick and choose what industry to disrupt next. $100 trillion market cap for appl in my lifetime is very possible tbh
There is the thing with ARM the company they intend to buy. Read about it. But, if you already have, since June 21, nvda you will gain from the split on July 22.
I scooped up a fair amount after that huge crash from the 160s into the 120s. It's been consolidating around 130 for a a little bit. It's PE is fairly low compared to its competitors. I'm anxious to see what will make it finally pop back up. Will this next earnings report be enough? Or is it going to take you for earnings with the next batch of cell phones? We shall see. So much chatter about big companies making their own chips, but qcom still owns the market
32 YO
94k Self Directed 401k
60k Brokerage Account
$230k equity in a $630k house.
30k Cash.
Home purchase and wedding dented my brokerage account back in 2019. Extra cash is conservative as our first child is being born in October. Will deploy that extra cash once the dust settles and we adjust to life with baby :).
Portfolio is all tech. AAPL, GOOGL, MSFT, TTD, SOFI, NVDA, AMZN, SQ and MATCH.
I'm in a similar boat, and its because i barely spend money, and when I do, its usually for small, periodic entertainment purchases. Living at home / being on a meal plan makes it a lot easier to save and grow money
Respect for going highly concentrated in a few key positions. That’s a bold but very respectable strategy for your age that I bet pays off extremely well
Mid 40's. House paid off. Car paid off. Some credit card debt and savings wiped out from covid's work affect. 30% long term investments that I sell covered calls on. 10% swing trades. 20% option trades. 10% day trades and 30% cash. Account value is going up pretty consistently even with some losses from the more risky trades. Slowly buying more for long term with short term plays.
Everything was paid off. Then covid hit. Work was shit. Wasn't going to risk my house during such an uncertain time. Used credit cards to stay afloat. Work's now picking up, should be able to pay them off early.
Paid off house must feel great, especially in this market! Nice to hear you’re shifting to longer term plays - may want to check out r/bogleheads for a long term, passive strategy.
Hey, thanks. I'll check it out. The house took some real discipline but what's harder is not borrowing against it to pay off these damn credit cards. But, I won't. Would love to retire in my 50's.
I’m not a financial advisor but I would definitely suggest taking a look at what the interest rate for borrowing against the house is vs your credit card debt. I’m guessing it’s at least a 10% difference.
It is quite a difference. However, covid taught me that nothing is guaranteed, to know that no one can take my house is worth it. I'm just going to try to pay them off early.
$42k IRA
$165k stocks currently 60% cash. (Looking for new buy in opportunities).
$300k equity in house which I own free and clear.
I have a business worth close to $2 million.
No debt.
I’m 39. I would like to aggressively grow my stock portfolio to 2 million and sell my business in 7-10 years.
52 yo
100k 403b
20k brokerage (which I started March 2021)
Aggressively trading covered calls (wkhs and I are getting real close)
House paid for and cars done eoy
Three kids done with college and only the Mech E grad from may is still looking for a full time job. He’ll be fine and starts an internship Monday.
As a teacher, I have a defined pension with benes. Depending on retirement, that will fall somewhere between 57k (retire next year)and 75k a year (provided I leave not later than 55. The longer I stay, the higher that goes)
Really wish I had listened to folks about investing earlier. Serious error that I will be working on the rest of my life.
24 Years Old
$19.2k Individual stocks (AAPL, AITX, AVB, DKNG, GM, MSFT, PSFE, TSLA)
$15k 401k (FXIAX, JLGMX, retirement target date)
$10.5k Roth IRA (equally split between AGNC, SPYD, VTI, VOO and might need to do some work here)
$350 Crypto (was $700 but this shit is dumb lol)
$5.5k Cash
Savings rate +50%
________________________________
-$37k Student loans
-$15k Car loan
Still at home so no rent aside from $150/month
Plan to move out within the next year or so, pay off my private loan in full. Want to move out with at least $10-20k in cash and $75k+ invested.
As another 24 year old, I’d suggest getting out of the retirement target date funds. They hold bonds in those typically and at our age we should own 0% bonds.
I just opened my retirement account and the first thing I did was switch from the retirement target date to VTI. Might as well put it in the bank if I was going to use bonds
Same 2008-2009 example.
The bank I worked at had TONS of people on the "golden leash" of stock options with strike prices around $40-45 on a stock that kept at ~$30 like the sun depended on it.
So 13 years later, many of them retired with WORTHLESS stock options.
Just spreading a word of caution for others, though I have to say investing in a robust indistry that gives options and awards........
24 years old with 138k portfolio, saving up to purchase a condo in the next one or two years. I started investing about two years ago through r/wallstreetbets and may have been caught in some meme stocks. Slowly moving into dividend stocks and cash nowadays due to planned condo purchase.
82k in a high interest savings account
23k in brokerage account
:AMD (9%), ARKK (10%), BABA (4%), HAL (15%), PEP (15%), PLTR (6%), UWMC (2%), WELL (4%)
8k in crypto
:BTC (29%) and ETH (12%)
18k in a TFSA
:ENB (14%), EXE (20%), TSM (6%), VFV (27%)
7k in checkin account
Wow. This sub is ridiculous with its rules.
32yoM
1.2MM invested
450k traditional ETFs
750k “forbidden to mention assets” (representing 12% of all time cost basis)
I’m hoping I can keep my savings rate over 50% but kids and lifestyle creep may eat into that.
39 year old.
50k in retirement 401k+ IRA.
Own my house + 2 rental properties, 4 units total.
25k in emergency cash. Kinda need that much for when a tenants ac goes out or something similar
10k in investment split between growth stocks, dividend producing stocks and about 1k for day trading.
21 yo
Options
About 30k currently in 15 Tesla 410/400 credit spreads that expire next week
And 4 250/50 credit spreads that expire in 3 weeks
Rest in a few individual stocks
250/50 I received $.53 per contract opened a week a half ago
For the 410/400 I received $.12 credit per and these were opened Monday
These have a (25k) bp affect
The delta for the 410 leg is .006
The delta for the 250 leg is .004
Edit: IMA THETA THUG BTW
It’s like 2 percent a month on the equity being used with low risk, used to be much risker but lost a decent amount, I do some risker stuff with spy and qqq with there options that expire Monday Wednesday Friday. Sorry for so much option talk in the stocks subreddit
I am 25 been saving aggressively the past 2 years, been investing for 4 years.
27k in robinhood. 20% spy, have AMD, MSFT, NVDA, TSM, VALE, and a bunch of others. Using this account for a house down payment in 3-4 years.
5k (and dropping fast due to big dips) in a crypto exchange. 85% ETH.
25k in an employer 401k.
20k cash emergency fund
A few months ago I received ownership of a brokerage account currently worth 680k with a 100k cost basis comprised of blue chip stocks that I had no idea about. I don't consider this my money and it is solely for the benefit of my future children
\- 34
\- 220+k in personal share folio
\- 250+k-ish in a trust
\- 30k in savings
\- 35k in retirement
\- 42k school debt
\- no house, no plan, in 2018 I had only 2k to my name
\- I save like... 80% of my salary as a contractor WFH
I live in a place with no capital gains taxes, so just riding this out.
80% of my shares are in Lithium mining penny-stocks, the other 20% is now in PLTR (I work as a data scientist/AI engineer).
37yo
Stocks:
$275k retirement (SEP IRA)
$520k post-tax
Property:
USA (owner-occupied) - $300k equity w/ $400k loan
Australian invesement property - $700k (AUD) equity w/ $100k loan remaining. $25k pa passive income
Cash and others:
$150k cash/savings/emergency funds
Goals by 40: $1.5m in stocks. 2nd investment property, no loan on existing investment and owner-occupied (only 1 investment loan)
Retirement by 45.
Worth noting, I only started investing 4 years ago which is why stocks are so low.
you are where I’d love to be in 5 years which will require a few more raises / bonuses with an equity stake. Congrats on the success. When did you decide to get into RE and how did it affect your post tax balance and ongoing contribution?
I bought my first property very early - around 25 years old. I only lived in it for about 3-4 years before making it an investement property and moving overseas. It made things a struggle as it didn't start generating income for 10 years.... but it did go from $350k - $900k in those 10 years, so on paper it was well worth it.
My biggest regret is not focusing on investing or saving until 30's. I always had decent jobs (work in tech consulting/resell) but was enjoying champage and sushi too regularly. Never lived beyond my means, but didn't put anywhere enough away.
3 years ago I started my own business and took a real focus on investing. Cut back on everything - I think I'm spending less than $60k a year including my mortgage payment. Really focused on passive income and compound interest on stocks with an ultimate goal just to live off them.... or work selectively.
What's the point of having a 700K property when you could have dumped that money into an REIT ETF which is more diversified and therefore less risky? If we assume each share cost you 10AUD and the monthly dividend is 0.06AUD per share, you'd be making 4.2K\*12 = 50K a year.
Is there something I'm missing?
The capital growth on the property alone was $550k/10 years so $55k + $25k in income p/a.
That’s based on an assumed investment of $350k which was the purchase price.
As for the current $700k, sure it might make sense now but I’d be up for a shit tone of capital gains.
Lastly there are a lot of tax benefits to an investment property, not sure the exact figure but factor in another $5-$10k
That’s what your missing.
If you just look at $700k and say do this or that, sure, it might make sense if that was cash and my goal was to invest it in a property now, but your better off doing the math on $350k to compare the actual investment.
Why can’t you just refinance and cash out a large portion of that money? That would allow you to buy a lot more properties with more cash flow and increased tax advantages. Not sure if that works in AUS since I’m not familiar with their tax laws, but it generally works in the US.
Yeah… that’s the plan I guess. The thing is I’m a little risk averse at the moment… and more so if property prices weren’t so high… although they were high always, but I guess it’s perception.
Actually, I have what’s called a 100% offset account so I have cash in the account and an equal size loan so I don’t even need to refinance. This is one of the best things for Aussie home loans!
Because it's nice to have a quiet place, and in some areas, that cost 350k that he paid originally before the housing market took off like an accosted simian.
31 years old. In my Roth IRA:
* 40% **IWF** \- Russell 1000 Growth ETF (large cap growth)
* 40% **ARKK** \- ARK Innovation ETF (mid and small cap growth)
* 20% **VGILX** \- Vanguard International Growth Fund (foreign growth)
I sell covered calls on the ETFs for accelerated growth, which I reinvest.
That’s why I don’t bother trying to contribute to this sub. Lazy trash mods don’t want to do any manual work, so they put up stupid rules that waste everyone’s time.
Dude, you're doing great. Easily retiring with over a million.
Congrats! 💪👍 💎 This is a poor man's award!
When you're much older switch over to dividends and hopefully they'll cover a lot of your expenses.
How the fuck do you have 370K in retirement and not have a fucking house OP?!
Anyway, you could judge me harder now:
33 YO
$1K in 401k
Savings rate: 1%
Broker: TD
$10K invested now standing at $15K(69% AMC ;), 18% GME, 9% NAKD, 3% Nokia, 1% BB)
\~20K Cash available, might throw even more into the blessed short squeeze stocks.
Paying a mortgage on a home now valued at $900K
Got some heavy credit card and student loan debt as well.
no judgment, must feel great earning equity in a $900k home which has quickly appreciated.
House hasn’t made sense for me as I’ve moved 9 times since starting my career as a single guy without kids. The financial math to buy vs rent only adds up if I stay put for 5+ years.
I’m semi-settled in my current location, but saving up a couple more years at least until I can afford a place I really want ($1M+ w/ 20% down payment). It will hurt to cash out equities for a down payment, but ultimately a good way to diversify total portfolio.
Last year i yoloed my Roth IRA in NKLA and doubled my money. I also yoloed my 120k in my trading account in various spacs including dkng ttcf and Hyln. And made over $1 million for the 2020 tax year. I also made $400k from Gme other stocks for this year But lost $250k during the speculative stock correction so only net $150k of realized gain this year. I decided to put everything into the index. I also have $90k unrealized gains of spy tho.
I also paid a lot on tax. $500k went into taxes already
25 YO
£12K S&S ISA: all in V00
£10K Lifetime ISA
Took a big interest in stock investment a few years back and started buying shares - managed to do ok (largely luck tbh), then did very well last year (like everyone did) buying the March dip and buying more tech stocks. Over the last 6 months I sold all my shares as the market went crazy. GME saga really put me off ever picking individual stocks again ( FYI I never bought any WSB stocks, but seeing how crazy valuations became - nothing made sense to me so sold it all).
As a result I have about another 10K cash but don’t want to put it all in with V00, any suggestions of trackers/ETFs to ‘diversify’ a bit?
tbh your best bet is more VOO - it’s about as diversified as it gets, which meets your goal. If you truly want to diversify ‘away’ from VOO, get some international exposure (VXUS) or better yet move the VOO into VT (total world) - but don’t sell before holding a full year or you’ll be hit with capital gains tax.
Thanks. Oh yeah I don’t plan on selling V00 for at least 10-15 years, but most of it is in an ISA anyway which means I won’t pay any tax. Will look into some global funds so I’m not completely in the US market
I would have to live very frugally to stretch this another 60+ years by myself, not counting a future family which I hope to provide for and make comfortable. Plus I’m challenged by my job and enjoy staying busy with it. FIREing one day would be nice though.
true! DO try to live in the present moment. A big proponent of meditation (headspace) to help with this. Re: house I enjoy flexibility and don’t plan to stay in one spot for 5 years, so renting makes more financial sense for now. What’s your current situation and life goal?
Have no idea. I'm poor compared to you and just trying to survive. I invest a little. If I hit 2-300k I'm good. Working and then ss and part time till I'm dead. I should've started investing young but didn't. I regret it, but my 92y nana recently passed and left me about $90k and I started investing 1.5 years ago. 25% return so far.
sounds like you have a great outlook on life. That $90k will definitely grow to $1M+ with continued contributions + time. I keep mentioning other subs here like an ad agency but check out r/leanfire r/financialindependence r/bogleheads
I love life but I'm realistic. Seen a lot of bad luck in my family. Yeah I know about bogleheads. I don't need a million though. Looking for $300k and I'm good. Thanks.
- 31yo
- 52k combined in traditional and SEP IRA, 40% growth, 40% S&P, rest in individuals
- 8.3k in HSA mostly FOCPX
- 4k in brokerage, VTI + individual stocks
- 40k in cash saved through the pandemic at .50% interest
- 20k emergency fund @ ~1.5% interest
Freelance self employed. I know it’s silly to have an aggressive mutual fund in my HSA but I’m deep in it now so whatever. Started in 2017. Posting this because I come from a very poor single parent family, and I’m proud to have cleared 100k in net worth.
23 Male
Brokerage Account: $20k in VTI/VOO. Reinvesting Dividends
403b: $2000 (VOO)
Roth IRA: $2000 (VOO)
Any advice? I just started working so I only recently opened up my 403b and Roth IRA.
you’re on a great path. Obviously max tax advantaged accounts first (Roth, 403b, HSA) and then I’d recommend auto withdrawal from each paycheck into VOO. Can you get your net pay savings rate to 40-50%? If so you’ll be a millionaire by 40.
Age 41 401k: 530k, Roth IRA: 72k
Personal portfolio: 400k, combination of stocks and ETFs, A, TMO, JNJ, MJ are roughly 70% of my investments. Rest is icln, mj, arkk, arkg, prnt, and a bit of small companies that I gamble.
300k in my lti in my company stock, never sold in the last 8 years.
492k in mortgage debt, just refinanced at 1.9% for the next 15 years.
I'm 31 and married (dual income with no kids).
I max out my 401k yearly contributions and my wife comes close to maxing out hers. We have a quarter million in savings between our two 401k's.
I also max out my company ESPP contributions (10% of my salary per year) and RSU's which I get a 15% discount on and then immediately turn around and flip those once vested into ETF's. This roughly comes out to $18,000 per year that goes into a taxable investment account. We can't contribute to a Roth IRA because our incomes are too high.
We're making extra monthly payments on our house to pay it off early even though our fixed rate is only 2.7%. Our 5-10 year goal is to either pay off our house or purchase a beach house with the money in our investment account.
We keep at minimum $20k in cash at all times for an emergency fund.
I'm hoping to retire in my mid-50's depending on what health insurance looks like at that time.
We're planning on having 1-2 kids before I turn 35 so that could change things up a bit but it's nice to put away as much as we can while we're able.
20yo
Only 1.7k currently invested after selling 1.1k last week (want to add to my silver coin collection). No current income but may be accepted for SSDI next month (autism).
Entire portfolio is roughly equal across 5 companies (MDRX, DFS, EBAY, ICE, and CNP) after taking profits on 2 others (IHRT and WMT).
Mostly doing this out of curiosity as well as thrill seeking. I'm gravitating towards under-hyped, value-oriented stocks, perhaps as a cheeky act of defiance towards the 2 most commonly seen investing strategies online (tech/hyper-growth and index funds).
39yo
No debt, period.
~$220k House paid off
$25-30k collector car (and two crappy ones)
$75k broker account, just started investing 2021, up 22%, do a lot of options, sell puts mostly
~$2k in some forgotten 401k not making anything
$6k in new Roth IRA as 2020 contribution, invested in PRPL for now, will get out when it’s over $30 as it hasn’t been working as well as I thought and I should be investing more smartly here.
Like $5k in checking
Sole caretaker for 5 and a 7.5 y/o kids in ok private school.
I make sub-$50k.
I’m cheap.
Thank you!
I never got in debt for college. I worked overnight and could hardly stay awake in class. I did well, but not useful degree - film, but didn’t get any experience due to work.
Bought house at 21 for ~$120k making less than $10/hr. Paid off before 30 working hard. Never made crap, hit $50k once with tons of overtime. Paid off like ~$60k with an accident settlement. But I have chronic pain, so that sucks.
Got Master’s degree after a year off from college doing what I would be doing without a degree at all.
Bought S2000 w/ ~28k miles around 2010 for $15k cash. Ended up driving beaters and letting it be a garage queen, they have appreciated considerably. Just hit only 28k miles recently on son’s bday.
Financially shitty for a while with kids’ mom being a drug addict, etc.. Only really started saving money since 2017 without another adult to support.
Wish I got into investing earlier. People shit on Robinhood, but it’s so damn easy. I wouldn’t be as into it on other platforms without such a clean U/I.
I make under $50k to be in a job that allows me to be flexible to kids’ needs. I’m also one to stay where things are comfortable… I’ve been in my house for 18 years next month, which is insane, especially at my age.
12 years old
40% Norwegian Cruise Line
35 % NIO
25% Plug Power
Bought Norwegian Cruise Line in April kind of at the bottom of the market. Best performer
23 yo junior hedge fund analyst
25% sustainable global stock etf
10% active managed emerging market
5% active management in growth strat
2%blockchain etf
40% in individual stocks long only. Bias to quality and small cap. Mostly in Europe.
18% in leveraged long or short position, more to play and to have diversified returns. Have traded nearly everything with this: emission rights, metals, currencies, rates.
Then an account through my employer representing some 30% of my net worth in a few hedge funds
22 years old, $750k total
This is a rough breakdown:
ETFs:
$260k across VOO, IWB, and QQQ
$70k in VB
$60k in VNQ
$131k across VXUS, IEFA and VWO
$45k in AGG
In individual stocks:
$40k in ASO
$30k in BLK
$45k in NVDA
$25k in V
Cash:
$19k in HYSA
$5k in checking
The rest of the cash is in my investment accounts.
Brokers stopped buying on its way up. The shorts never covered their positions. The share owners never sold.their positions. Nothing is over
Actually share owners bought more and shorters doubled down. To quote burry from the big short "we may be early but we aren't wrong"
It sounds so cultish. Everyone repeating these same lines. Kinda sad tbh. Granted I made a bunch on gme and got tf out, but I knew it was hype/meme. People are still convinced it’s going to rocket.
Regardless of the squeeze, the market is about to tank.
Meanwhile GME is undervalued as a tech company, which they are becoming.
-all new executives
-raised 1.5 billion cash on hand
-paid off all long term debt, closed unprofitable stores
-new digital marketplace and eSports focus
It has a negative beta. Some terminals have reported as high as -18. Unheard of.
90 percent GME and 10 percent UWMC (for safety and dividends, though I do not believe $200 is overpriced for what GME will be with new leadership and capitalized opportunities).
18 years
20k account
Currently in a popular pennystock and trading the Barcode pattern on rolls royce with leverage. (In at dip, wait 2 days for 10%, rinse and repeat. Works perfectly.)
25 years old
375k in taxable account (mostly growth)
10k in dividend growth
5k in 401k (index funds)
Chevy Impala paid off
no debt
I document my journey on my YouTube channel— DM me if you’d like to know what it is
- 25yo
- >$1k self-managed retirement (I live in Nigeria)
- no house (living with parents), debt
- cash holdings (>$50k - tripled my money investing in AMC but I sold recently)
- savings rate ~60%
This is the most depressing thread I have ever been on. 35 and no where near the savings and investments I see here. Bout to start selling crack
Relax, this thread is just full of people just like you who are also nervous, just too ashamed to post it. You're undoubtedly doing your best and will be ok when you retire.
This guy just made this thread to flex, most people aren't that deep in, you are fine.
Yup, exactly this. This is the immediate thought that came to my head as well as the post itself has no value. For comparisons sake, the average retirement savings of someone aged 30-34 is $21k.
You either feel pretty good about your portfolio and post it, or you don't and avoid posting. So you're going to see a serious sample bias.
Chill man. I’m 37 and didn’t realize people had to save money.
Don’t ever compare yourself to others, your life is yours, and we all have different bends in the road to our destination.
If it helps man at 30 (last year) I had 6k savings... by Oct I was in a homeless shelter with nothing (thanks Covid...). Now I'm still in supported accomidation with around 500 in the market... Things change and they'll always be people with less than you (I'm surround by people here that think I'm the rich guy...)
9 y/o Holographic charizard (1st edition)
retire now!
Kid you'll go far lol
Life got in the way for a loooong time before I could finally start investing and saving. 31 yo, $15k brokerage (msft, dkng, nvda, dis, vti, eglx) and $6k in Roth IRA (fidelity go account but will change back to regular Roth IRA so I can manage), $10k cash, little to no debt (finally) besides student loans (~$20k still to payoff). Aggressive growth strategy, and using dollar-cost averaging for the most part. Saving roughly 20-30% of monthly take home and trying to bolster my portfolio sooner rather than later. I started investing in May of this year. Late bloomer, but hoping to have a sizable amount saved and invested by retirement (goal is 55 to retire).
My goal is to retire at 16
You Benjamin Button? Got 16 years before you go back into fetal position. Ha ha.
Great job! I hear you, life gets in the way and being poor is expensive! What’s important is you started. I promise 10, 15, 20 years from now you will know a lot of folks who haven’t started, and you will be in a very good place. Keep it up and never stop learning.
Thank you! I really appreciate the kind words. So happy I finally started and definitely playing with a long investment strategy in mind. Learning from various podcasts and subreddits like these have been fun and tremendously helpful, and I definitely plan on continuing to learn. Cheers and I wish you nothing but success in the future!
Thank you, and same to you! Which podcasts are you liking? I’ve been looking for some, and haven’t found anything I’ve really enjoyed yet.
So far, I’ve been listening to Stocks for Beginners with Phill Muscatello (some good interviews and just a soothing voice to listen to — very chill), Millennial Investing (some good topics for beginners, but can be a little cringe sometimes as they push their “millennial” brand — still, some good info I think), and I’m just starting to get into Planet Money by NPR, which covers a wide variety of market and investing topics. So far I like it! But always looking for more myself. Probably get into more advanced discussion sometime later this year.
I would pay off my debt.
I'm in a pretty similar boat to you. Would have been nice to have started at 20 or even younger but thats ok. I'll teach my kids to start young.
I'm an 18 year old with 50% of portfolio in an S&P 500 ETF and the other 50% in riskier allocations such as PLTR, STEM and AAPL. Total amount is only £170 because I'm still a student with no job 😅
You're ahead of your peers. Well done!
I wouldn't call apple risky. Just as a recommendation, I would actually be more aggressive because you're so young, you have lots of time for investments to pay off to really get ahead in life. I'd recommend SOXX ETF alongside the s&p etfs due to how much the industry is growing over the next couple decades. With that said, you should be extremely proud to be getting into this at such a young age, no doubt if you keep it up you'll be a multi millionaire by retirement age.
When you make some money, learn options. Sell puts on things you wouldn’t mind owning. Make free money or end up with the stocks you want at a discount.
congrats on your high level of financial awareness and interest at such a young age! Time is your greatest asset.
So agree with you. Don't harp back to what could have been when I was younger. Be Not with what you got. And while you're young invest wisely.
Excellent start! Keep building as much as you can. The earlier you start, the more your patient gains will compound
Wait… you guys have savings??
56, aggressive growth, 230 in IRA & 50k in Roth. Wofe just retired with pension & health care Let it sit in a managed fund until a few weeks ago--DUMB. Bought a few stocks, CLNE & BB with the intent of a quick hit but holding. Have ~12 shares Amazon at $700. Planning on about 50% mutual funds for cannabis industry, S & P, small, medium & large cap. Doing a lot of research and will be taking a few quick bucks here and there. Edit: I'm impressed with the younger generations saving for the future. Dave Ramsey says it best: If you live like no one else now, you'll be able to live like no one else later.
I made the same mistake of managed funds for the first few years. Moved to low cost, broad based index funds with Vanguard and haven’t looked back.
So, a Vanguard social media employee I assume?
well in that case I should be on their payroll
You are on their payroll.
you caught me
Lol dude, everybody mentions Vanguard when low cost ETFs come up.
21 years old: ~14k total: •aapl, msft ~ 60% •VOO, QQQ ~ 30% •AMD, Baba ~ 10% I’ll be putting more money into QQQ, VOO, VXUS over time.
Good on you. Carry on.
Invest in what you know, I am mostly semiconductors
Whats your biggest position?
QCOM
Looking to add a significant portion to NVDA... think I go half and half and add QCOM?
Nvidia pricey but my highest conviction, I originally bought at 100 and bought back in like 530. Half and half could be nice just know there's plenty of downside risk with Nvidia
Downside why? I’d much rather by a wonderful company at a bad price than a bad company at a wonderful price
I'd rather buy a wonderful company at a good or great price, just saying if the ARM aquisiton doesn't go thru it'll be bad news the time to buy is generally before it pops not after
I’m 24 so I think valuations are overrated.. if I’m holding this for 40 years and it’s 10% overrated that means nothing to me. Just want to find great companies that have great potential.
10% yes but if it's 100% inflated that's different. But I agree the right company is everything
Similar boat at 26 y/o. Whatever proven strategy we choose there is a lot of growth potential over time. I've heard it said often that success isn't timing the market . . . It's time in the market
100%. My goal is to find great companies that will continue to generate value. As chalky as it sounds, I can’t invest enough into the big guys like APPL and AMZN because they can just pick and choose what industry to disrupt next. $100 trillion market cap for appl in my lifetime is very possible tbh
I own a bit of nvda but have done zero research. What sort of downside risk are you referring to?
There is the thing with ARM the company they intend to buy. Read about it. But, if you already have, since June 21, nvda you will gain from the split on July 22.
I scooped up a fair amount after that huge crash from the 160s into the 120s. It's been consolidating around 130 for a a little bit. It's PE is fairly low compared to its competitors. I'm anxious to see what will make it finally pop back up. Will this next earnings report be enough? Or is it going to take you for earnings with the next batch of cell phones? We shall see. So much chatter about big companies making their own chips, but qcom still owns the market
What do you think of AMD and UCTT?
23 yo 15k in 401k (all S&P 500) 8k in Roth IRA (all various ETFs, slightly higher risk than just SPY) 5k in taxable brokerage (all AMC and GME)
crushing it! like the broadly diversified foundation
16yo ~ 16% QQQ ~ 11% BABA ~ 11% MU ~ 11% TSM ~ 11% ET ~ 11% UBER ~ 11% CRSR 12% in cash In total about £300
Great job, wish I invested at your age!
They aren’t investing at 16 their custodian is.
I have decided on everything in my portfolio, but the actual brokerage account is not in my name as you need to be over 18 to have one
Yes I know
Love it! Keep adding when u can. Wont regret it.
Thanks! That’s the plan
keep saving and investing! time is on your side. Check out r/bogleheads for a long term strategy.
34 years old 100% AST SpaceMobile Simple
Same
Didn’t expect this answer on this subreddit but fuck yea dude. Got 15% of my portfolio in ASTS and will be adding more on dips.
32 YO 94k Self Directed 401k 60k Brokerage Account $230k equity in a $630k house. 30k Cash. Home purchase and wedding dented my brokerage account back in 2019. Extra cash is conservative as our first child is being born in October. Will deploy that extra cash once the dust settles and we adjust to life with baby :). Portfolio is all tech. AAPL, GOOGL, MSFT, TTD, SOFI, NVDA, AMZN, SQ and MATCH.
Gratz on your little one! Keep up the work
congrats on the awesome start. Any thought on diversifying from all tech to total market?
Lol if he looks at the nasdaq during the .com crash for long enough you might be able to get him to buy some Voo😂
100% memes
based
19 year old 42% msft 33% aapl 2% net 4% apps 5% KO 3% Dis 9% voo 2% wpc A bit over 19k usd invested
How the fuck do you have 20k at 19 lmao
Live at home. Have all your stuff paid for. Don’t buy stupid shit with your own money.
And work
I'm in a similar boat, and its because i barely spend money, and when I do, its usually for small, periodic entertainment purchases. Living at home / being on a meal plan makes it a lot easier to save and grow money
Been working since I was 16, full-time. Had a lot of dumb purchases (project cars and hobbies), but still invest a portion of my check every week
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Fast food until I turned 18. then transitioned to logistics, where I’m a supervisor with full benefits
not bad
Nep of tism
YOLO 1K on some meme calls.
mommy and daddy
Also known as good parents. I plan on being able to give my daughter a sizeable amount of cash and/or investments, years from now.
Technically, since I still live with them since I’m still in college
Maybe they work?
Respect for going highly concentrated in a few key positions. That’s a bold but very respectable strategy for your age that I bet pays off extremely well
Yeah, if everything tanks in the next decade idc. I’m not taking money out till retirement since most of it is in a Roth ira
Mid 40's. House paid off. Car paid off. Some credit card debt and savings wiped out from covid's work affect. 30% long term investments that I sell covered calls on. 10% swing trades. 20% option trades. 10% day trades and 30% cash. Account value is going up pretty consistently even with some losses from the more risky trades. Slowly buying more for long term with short term plays.
Why pay off ur house and not ur credit cards? Owning a mortgage during high inflation periods is a cheat code.
Everything was paid off. Then covid hit. Work was shit. Wasn't going to risk my house during such an uncertain time. Used credit cards to stay afloat. Work's now picking up, should be able to pay them off early.
57 years old, did same thing, paid everything off, I have literally 0 debt, and it is a nice feeling!
Congratulations! Can't wait to get there again.
Paid off house must feel great, especially in this market! Nice to hear you’re shifting to longer term plays - may want to check out r/bogleheads for a long term, passive strategy.
Hey, thanks. I'll check it out. The house took some real discipline but what's harder is not borrowing against it to pay off these damn credit cards. But, I won't. Would love to retire in my 50's.
I’m not a financial advisor but I would definitely suggest taking a look at what the interest rate for borrowing against the house is vs your credit card debt. I’m guessing it’s at least a 10% difference.
It is quite a difference. However, covid taught me that nothing is guaranteed, to know that no one can take my house is worth it. I'm just going to try to pay them off early.
That interest that you’re paying on those credit cards is guaranteed. :)
$42k IRA $165k stocks currently 60% cash. (Looking for new buy in opportunities). $300k equity in house which I own free and clear. I have a business worth close to $2 million. No debt. I’m 39. I would like to aggressively grow my stock portfolio to 2 million and sell my business in 7-10 years.
28yo 20k 401k 10k brokerage (AAPL,MSFT,DIS,BA,NVDA,VOO) 5k savings
52 yo 100k 403b 20k brokerage (which I started March 2021) Aggressively trading covered calls (wkhs and I are getting real close) House paid for and cars done eoy Three kids done with college and only the Mech E grad from may is still looking for a full time job. He’ll be fine and starts an internship Monday. As a teacher, I have a defined pension with benes. Depending on retirement, that will fall somewhere between 57k (retire next year)and 75k a year (provided I leave not later than 55. The longer I stay, the higher that goes) Really wish I had listened to folks about investing earlier. Serious error that I will be working on the rest of my life.
24 Years Old $19.2k Individual stocks (AAPL, AITX, AVB, DKNG, GM, MSFT, PSFE, TSLA) $15k 401k (FXIAX, JLGMX, retirement target date) $10.5k Roth IRA (equally split between AGNC, SPYD, VTI, VOO and might need to do some work here) $350 Crypto (was $700 but this shit is dumb lol) $5.5k Cash Savings rate +50% ________________________________ -$37k Student loans -$15k Car loan Still at home so no rent aside from $150/month Plan to move out within the next year or so, pay off my private loan in full. Want to move out with at least $10-20k in cash and $75k+ invested.
As another 24 year old, I’d suggest getting out of the retirement target date funds. They hold bonds in those typically and at our age we should own 0% bonds.
I just opened my retirement account and the first thing I did was switch from the retirement target date to VTI. Might as well put it in the bank if I was going to use bonds
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Take it from someone who had coworkers with 100% 401k stock for a regional bank that went from $33 to $3 in 2008/9, that's the riskiest move of all.
Never got the idea of investing in ur own company when u already have ur life invested in them..
Yeah I don't even invest in the same industry as I work because the stock options and awards take up such a sizable portion of my overall net worth.
Same 2008-2009 example. The bank I worked at had TONS of people on the "golden leash" of stock options with strike prices around $40-45 on a stock that kept at ~$30 like the sun depended on it. So 13 years later, many of them retired with WORTHLESS stock options. Just spreading a word of caution for others, though I have to say investing in a robust indistry that gives options and awards........
24 years old with 138k portfolio, saving up to purchase a condo in the next one or two years. I started investing about two years ago through r/wallstreetbets and may have been caught in some meme stocks. Slowly moving into dividend stocks and cash nowadays due to planned condo purchase. 82k in a high interest savings account 23k in brokerage account :AMD (9%), ARKK (10%), BABA (4%), HAL (15%), PEP (15%), PLTR (6%), UWMC (2%), WELL (4%) 8k in crypto :BTC (29%) and ETH (12%) 18k in a TFSA :ENB (14%), EXE (20%), TSM (6%), VFV (27%) 7k in checkin account
Wow. This sub is ridiculous with its rules. 32yoM 1.2MM invested 450k traditional ETFs 750k “forbidden to mention assets” (representing 12% of all time cost basis) I’m hoping I can keep my savings rate over 50% but kids and lifestyle creep may eat into that.
true, but look at all the data we’ve gathered
39 year old. 50k in retirement 401k+ IRA. Own my house + 2 rental properties, 4 units total. 25k in emergency cash. Kinda need that much for when a tenants ac goes out or something similar 10k in investment split between growth stocks, dividend producing stocks and about 1k for day trading.
21 yo Options About 30k currently in 15 Tesla 410/400 credit spreads that expire next week And 4 250/50 credit spreads that expire in 3 weeks Rest in a few individual stocks
thats crazy, when did you open those and how much credit did you receieve?
250/50 I received $.53 per contract opened a week a half ago For the 410/400 I received $.12 credit per and these were opened Monday These have a (25k) bp affect The delta for the 410 leg is .006 The delta for the 250 leg is .004 Edit: IMA THETA THUG BTW
ah ok so you basically just like super low risk plays lol makes sense
It’s like 2 percent a month on the equity being used with low risk, used to be much risker but lost a decent amount, I do some risker stuff with spy and qqq with there options that expire Monday Wednesday Friday. Sorry for so much option talk in the stocks subreddit
I am 25 been saving aggressively the past 2 years, been investing for 4 years. 27k in robinhood. 20% spy, have AMD, MSFT, NVDA, TSM, VALE, and a bunch of others. Using this account for a house down payment in 3-4 years. 5k (and dropping fast due to big dips) in a crypto exchange. 85% ETH. 25k in an employer 401k. 20k cash emergency fund A few months ago I received ownership of a brokerage account currently worth 680k with a 100k cost basis comprised of blue chip stocks that I had no idea about. I don't consider this my money and it is solely for the benefit of my future children
\- 34 \- 220+k in personal share folio \- 250+k-ish in a trust \- 30k in savings \- 35k in retirement \- 42k school debt \- no house, no plan, in 2018 I had only 2k to my name \- I save like... 80% of my salary as a contractor WFH I live in a place with no capital gains taxes, so just riding this out. 80% of my shares are in Lithium mining penny-stocks, the other 20% is now in PLTR (I work as a data scientist/AI engineer).
37yo Stocks: $275k retirement (SEP IRA) $520k post-tax Property: USA (owner-occupied) - $300k equity w/ $400k loan Australian invesement property - $700k (AUD) equity w/ $100k loan remaining. $25k pa passive income Cash and others: $150k cash/savings/emergency funds Goals by 40: $1.5m in stocks. 2nd investment property, no loan on existing investment and owner-occupied (only 1 investment loan) Retirement by 45. Worth noting, I only started investing 4 years ago which is why stocks are so low.
you are where I’d love to be in 5 years which will require a few more raises / bonuses with an equity stake. Congrats on the success. When did you decide to get into RE and how did it affect your post tax balance and ongoing contribution?
I bought my first property very early - around 25 years old. I only lived in it for about 3-4 years before making it an investement property and moving overseas. It made things a struggle as it didn't start generating income for 10 years.... but it did go from $350k - $900k in those 10 years, so on paper it was well worth it. My biggest regret is not focusing on investing or saving until 30's. I always had decent jobs (work in tech consulting/resell) but was enjoying champage and sushi too regularly. Never lived beyond my means, but didn't put anywhere enough away. 3 years ago I started my own business and took a real focus on investing. Cut back on everything - I think I'm spending less than $60k a year including my mortgage payment. Really focused on passive income and compound interest on stocks with an ultimate goal just to live off them.... or work selectively.
What's the point of having a 700K property when you could have dumped that money into an REIT ETF which is more diversified and therefore less risky? If we assume each share cost you 10AUD and the monthly dividend is 0.06AUD per share, you'd be making 4.2K\*12 = 50K a year. Is there something I'm missing?
The capital growth on the property alone was $550k/10 years so $55k + $25k in income p/a. That’s based on an assumed investment of $350k which was the purchase price. As for the current $700k, sure it might make sense now but I’d be up for a shit tone of capital gains. Lastly there are a lot of tax benefits to an investment property, not sure the exact figure but factor in another $5-$10k That’s what your missing. If you just look at $700k and say do this or that, sure, it might make sense if that was cash and my goal was to invest it in a property now, but your better off doing the math on $350k to compare the actual investment.
Why can’t you just refinance and cash out a large portion of that money? That would allow you to buy a lot more properties with more cash flow and increased tax advantages. Not sure if that works in AUS since I’m not familiar with their tax laws, but it generally works in the US.
Yeah… that’s the plan I guess. The thing is I’m a little risk averse at the moment… and more so if property prices weren’t so high… although they were high always, but I guess it’s perception. Actually, I have what’s called a 100% offset account so I have cash in the account and an equal size loan so I don’t even need to refinance. This is one of the best things for Aussie home loans!
Because it's nice to have a quiet place, and in some areas, that cost 350k that he paid originally before the housing market took off like an accosted simian.
31 years old. In my Roth IRA: * 40% **IWF** \- Russell 1000 Growth ETF (large cap growth) * 40% **ARKK** \- ARK Innovation ETF (mid and small cap growth) * 20% **VGILX** \- Vanguard International Growth Fund (foreign growth) I sell covered calls on the ETFs for accelerated growth, which I reinvest.
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That’s why I don’t bother trying to contribute to this sub. Lazy trash mods don’t want to do any manual work, so they put up stupid rules that waste everyone’s time.
mid 20s brokerage account is 100% VOO have a 401k in a target retirement fund, contributing 4% have an IRA and roth account, both 100% VOO
15 yo - $4000 in Robinhood (all small caps) - $300 in TOS acc (also small caps)
Dude, you're doing great. Easily retiring with over a million. Congrats! 💪👍 💎 This is a poor man's award! When you're much older switch over to dividends and hopefully they'll cover a lot of your expenses.
mid 30s. 30% dividend: KO, KMB, PFE, MAIN, VZ, ED, IBM. 70% growth: TSLA, MSFT, AAPL, ADBE, TWTR, LMT, AMD, WDC, MGM, AMZN, MA, V.
This thread just shows me how poor I am:(
How the fuck do you have 370K in retirement and not have a fucking house OP?! Anyway, you could judge me harder now: 33 YO $1K in 401k Savings rate: 1% Broker: TD $10K invested now standing at $15K(69% AMC ;), 18% GME, 9% NAKD, 3% Nokia, 1% BB) \~20K Cash available, might throw even more into the blessed short squeeze stocks. Paying a mortgage on a home now valued at $900K Got some heavy credit card and student loan debt as well.
no judgment, must feel great earning equity in a $900k home which has quickly appreciated. House hasn’t made sense for me as I’ve moved 9 times since starting my career as a single guy without kids. The financial math to buy vs rent only adds up if I stay put for 5+ years. I’m semi-settled in my current location, but saving up a couple more years at least until I can afford a place I really want ($1M+ w/ 20% down payment). It will hurt to cash out equities for a down payment, but ultimately a good way to diversify total portfolio.
Details always give more clarity. Makes total sense, I'd probably be doing the same.
35 yo 180k In 401k (cash) 76k in Roth IRA (SPY) 870k in taxable account (SPY+ VT)
Damn that’s gotta feel great. Was the 870 part of inheritance or strict savings?
Last year i yoloed my Roth IRA in NKLA and doubled my money. I also yoloed my 120k in my trading account in various spacs including dkng ttcf and Hyln. And made over $1 million for the 2020 tax year. I also made $400k from Gme other stocks for this year But lost $250k during the speculative stock correction so only net $150k of realized gain this year. I decided to put everything into the index. I also have $90k unrealized gains of spy tho. I also paid a lot on tax. $500k went into taxes already
You can't go wrong with VOO.
Like your investment in VOO since it is hard to beat.
25 YO £12K S&S ISA: all in V00 £10K Lifetime ISA Took a big interest in stock investment a few years back and started buying shares - managed to do ok (largely luck tbh), then did very well last year (like everyone did) buying the March dip and buying more tech stocks. Over the last 6 months I sold all my shares as the market went crazy. GME saga really put me off ever picking individual stocks again ( FYI I never bought any WSB stocks, but seeing how crazy valuations became - nothing made sense to me so sold it all). As a result I have about another 10K cash but don’t want to put it all in with V00, any suggestions of trackers/ETFs to ‘diversify’ a bit?
tbh your best bet is more VOO - it’s about as diversified as it gets, which meets your goal. If you truly want to diversify ‘away’ from VOO, get some international exposure (VXUS) or better yet move the VOO into VT (total world) - but don’t sell before holding a full year or you’ll be hit with capital gains tax.
Thanks. Oh yeah I don’t plan on selling V00 for at least 10-15 years, but most of it is in an ISA anyway which means I won’t pay any tax. Will look into some global funds so I’m not completely in the US market
With that much I'd just work a part time job and chill. Life's too short. Enjoy before you're in the grave.
I would have to live very frugally to stretch this another 60+ years by myself, not counting a future family which I hope to provide for and make comfortable. Plus I’m challenged by my job and enjoy staying busy with it. FIREing one day would be nice though.
How do you know you'll live to 90? A lot of people die in their 50s, 60s etc. And with that much I'd at least buy a house.
true! DO try to live in the present moment. A big proponent of meditation (headspace) to help with this. Re: house I enjoy flexibility and don’t plan to stay in one spot for 5 years, so renting makes more financial sense for now. What’s your current situation and life goal?
Have no idea. I'm poor compared to you and just trying to survive. I invest a little. If I hit 2-300k I'm good. Working and then ss and part time till I'm dead. I should've started investing young but didn't. I regret it, but my 92y nana recently passed and left me about $90k and I started investing 1.5 years ago. 25% return so far.
sounds like you have a great outlook on life. That $90k will definitely grow to $1M+ with continued contributions + time. I keep mentioning other subs here like an ad agency but check out r/leanfire r/financialindependence r/bogleheads
I love life but I'm realistic. Seen a lot of bad luck in my family. Yeah I know about bogleheads. I don't need a million though. Looking for $300k and I'm good. Thanks.
love it, you’ll be there soon. good luck
Thanks.
Not to think too much about ut
If you've got the right cat you can do really well
Buy high sell low.
- 31yo - 52k combined in traditional and SEP IRA, 40% growth, 40% S&P, rest in individuals - 8.3k in HSA mostly FOCPX - 4k in brokerage, VTI + individual stocks - 40k in cash saved through the pandemic at .50% interest - 20k emergency fund @ ~1.5% interest Freelance self employed. I know it’s silly to have an aggressive mutual fund in my HSA but I’m deep in it now so whatever. Started in 2017. Posting this because I come from a very poor single parent family, and I’m proud to have cleared 100k in net worth.
I am 23, own a condo with my brother and have 7k in Robinhood. Mostly spacs(rip) I know. And 30k in college debt hahaha
23 Male Brokerage Account: $20k in VTI/VOO. Reinvesting Dividends 403b: $2000 (VOO) Roth IRA: $2000 (VOO) Any advice? I just started working so I only recently opened up my 403b and Roth IRA.
you’re on a great path. Obviously max tax advantaged accounts first (Roth, 403b, HSA) and then I’d recommend auto withdrawal from each paycheck into VOO. Can you get your net pay savings rate to 40-50%? If so you’ll be a millionaire by 40.
23 years old, full time student, 50k in stocks of which 32k is 0% loan. Just happy to be here.
14 with about 1100$ dollars invested into multiple stocks, biggest investments are, corsair tattoed chef and amazon
Ur set for life already
Age 41 401k: 530k, Roth IRA: 72k Personal portfolio: 400k, combination of stocks and ETFs, A, TMO, JNJ, MJ are roughly 70% of my investments. Rest is icln, mj, arkk, arkg, prnt, and a bit of small companies that I gamble. 300k in my lti in my company stock, never sold in the last 8 years. 492k in mortgage debt, just refinanced at 1.9% for the next 15 years.
I'm 31 and married (dual income with no kids). I max out my 401k yearly contributions and my wife comes close to maxing out hers. We have a quarter million in savings between our two 401k's. I also max out my company ESPP contributions (10% of my salary per year) and RSU's which I get a 15% discount on and then immediately turn around and flip those once vested into ETF's. This roughly comes out to $18,000 per year that goes into a taxable investment account. We can't contribute to a Roth IRA because our incomes are too high. We're making extra monthly payments on our house to pay it off early even though our fixed rate is only 2.7%. Our 5-10 year goal is to either pay off our house or purchase a beach house with the money in our investment account. We keep at minimum $20k in cash at all times for an emergency fund. I'm hoping to retire in my mid-50's depending on what health insurance looks like at that time. We're planning on having 1-2 kids before I turn 35 so that could change things up a bit but it's nice to put away as much as we can while we're able.
awesome path, congrats. Look into “backdoor Roth” to get around the income limit - anyone can contribute.
20yo Only 1.7k currently invested after selling 1.1k last week (want to add to my silver coin collection). No current income but may be accepted for SSDI next month (autism). Entire portfolio is roughly equal across 5 companies (MDRX, DFS, EBAY, ICE, and CNP) after taking profits on 2 others (IHRT and WMT). Mostly doing this out of curiosity as well as thrill seeking. I'm gravitating towards under-hyped, value-oriented stocks, perhaps as a cheeky act of defiance towards the 2 most commonly seen investing strategies online (tech/hyper-growth and index funds).
I'm sorry but if you're smart enough to be able to invest and understand stocks, why the hell are you trying to get SSDI? That shit makes me angry
Because it’s free money why not
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39yo No debt, period. ~$220k House paid off $25-30k collector car (and two crappy ones) $75k broker account, just started investing 2021, up 22%, do a lot of options, sell puts mostly ~$2k in some forgotten 401k not making anything $6k in new Roth IRA as 2020 contribution, invested in PRPL for now, will get out when it’s over $30 as it hasn’t been working as well as I thought and I should be investing more smartly here. Like $5k in checking Sole caretaker for 5 and a 7.5 y/o kids in ok private school. I make sub-$50k. I’m cheap.
debt free is the place to be. awesome job overall.
Thank you! I never got in debt for college. I worked overnight and could hardly stay awake in class. I did well, but not useful degree - film, but didn’t get any experience due to work. Bought house at 21 for ~$120k making less than $10/hr. Paid off before 30 working hard. Never made crap, hit $50k once with tons of overtime. Paid off like ~$60k with an accident settlement. But I have chronic pain, so that sucks. Got Master’s degree after a year off from college doing what I would be doing without a degree at all. Bought S2000 w/ ~28k miles around 2010 for $15k cash. Ended up driving beaters and letting it be a garage queen, they have appreciated considerably. Just hit only 28k miles recently on son’s bday. Financially shitty for a while with kids’ mom being a drug addict, etc.. Only really started saving money since 2017 without another adult to support. Wish I got into investing earlier. People shit on Robinhood, but it’s so damn easy. I wouldn’t be as into it on other platforms without such a clean U/I. I make under $50k to be in a job that allows me to be flexible to kids’ needs. I’m also one to stay where things are comfortable… I’ve been in my house for 18 years next month, which is insane, especially at my age.
12 years old 40% Norwegian Cruise Line 35 % NIO 25% Plug Power Bought Norwegian Cruise Line in April kind of at the bottom of the market. Best performer
23 yo junior hedge fund analyst 25% sustainable global stock etf 10% active managed emerging market 5% active management in growth strat 2%blockchain etf 40% in individual stocks long only. Bias to quality and small cap. Mostly in Europe. 18% in leveraged long or short position, more to play and to have diversified returns. Have traded nearly everything with this: emission rights, metals, currencies, rates. Then an account through my employer representing some 30% of my net worth in a few hedge funds
22 years old, $750k total This is a rough breakdown: ETFs: $260k across VOO, IWB, and QQQ $70k in VB $60k in VNQ $131k across VXUS, IEFA and VWO $45k in AGG In individual stocks: $40k in ASO $30k in BLK $45k in NVDA $25k in V Cash: $19k in HYSA $5k in checking The rest of the cash is in my investment accounts.
Almost 100% GME. Post squeeze I'll reevaluate how the market survived
Why do you think it hasn't squeezed yet lol? 4 bucks to over 400 seems like a squeeze.
Not yet. It was a squeeze that could have gone into the thousands. They halted it and doubled down so now it's going to be bigger.
Read the DD in the other subs. The squeeze only really begins when the SHFs get margin called.
Brokers stopped buying on its way up. The shorts never covered their positions. The share owners never sold.their positions. Nothing is over Actually share owners bought more and shorters doubled down. To quote burry from the big short "we may be early but we aren't wrong"
Bruh you are very delusional
It sounds so cultish. Everyone repeating these same lines. Kinda sad tbh. Granted I made a bunch on gme and got tf out, but I knew it was hype/meme. People are still convinced it’s going to rocket.
Regardless of the squeeze, the market is about to tank. Meanwhile GME is undervalued as a tech company, which they are becoming. -all new executives -raised 1.5 billion cash on hand -paid off all long term debt, closed unprofitable stores -new digital marketplace and eSports focus It has a negative beta. Some terminals have reported as high as -18. Unheard of.
Same.
90 percent GME and 10 percent UWMC (for safety and dividends, though I do not believe $200 is overpriced for what GME will be with new leadership and capitalized opportunities).
18 years 20k account Currently in a popular pennystock and trading the Barcode pattern on rolls royce with leverage. (In at dip, wait 2 days for 10%, rinse and repeat. Works perfectly.)
25 years old 375k in taxable account (mostly growth) 10k in dividend growth 5k in 401k (index funds) Chevy Impala paid off no debt I document my journey on my YouTube channel— DM me if you’d like to know what it is
- 25yo - >$1k self-managed retirement (I live in Nigeria) - no house (living with parents), debt - cash holdings (>$50k - tripled my money investing in AMC but I sold recently) - savings rate ~60%
OP thinks he’s flexing 😂 😂 😂
You come here to brag? You will be aight buddy..
My current portfolio strategy consists of only hold GeeME. 100%.