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/biz/ - Business & Finance

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53012513 No.53012513 [Reply] [Original]

>95th percentile
anyone else in this spectrum?
what are you doing to get to the next tier?

>> No.53012570

>>53012513
Buying silver miners. Inflation isn't going anywhere. The Fed is forced to reduce rates and let the USD tank. Silver goes up as USD goes down. Miners soar.

>> No.53012571

>>53012513
At this point no, but I was 98th percentile last year..

>> No.53012580

im not that old

>> No.53012583

>>53012513
is this net worth or annual income?

>> No.53012587

>>53012513
what percentile is 300 bucks

>> No.53012594

>>53012570
I left out owning my own home(paid in full). Renters NGMI.

>> No.53012625

>>53012580
for 95th percentile:
20-24 = 100K

>>53012583
net worth

>>53012571
you went from 98th to sub 95th?? how?

>>53012587
ngmi

>>53012594
generally speaking renting makes sense if you can get a higher return on your money than 10% yearly

>> No.53012642

>>53012583
Net worth. If you earn 190k as a 25-29 yr old, you are well into 1%er territory

>> No.53012660
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53012660

After my Truebit moon the 99th percentile will look like poverty

>> No.53012680

>>53012513
Got like 147k NW at age 30 (present). Finally making 200k/year now and will get paid 75k in March, so NW will be over 200k by then too.

Things are looking up!

>> No.53012694

>>53012625
Rich people don't finmax every dollar unit. They understand the value of peace of mind, good sleep, and good food. Owning your own home comes with intangible benefits including a peace of mind that lends towards productivity in other areas.

>> No.53012758

>>53012513
>already in the 99.999th percentile
what is even left to do except enjoy life

>> No.53012784

>>53012758
run a charity!
allocate 1% annually and spread the good
my goal will be providing therapy and education for orphans

>> No.53012874

>>53012694
it's different for everyone
#1 for me is stop selling my time
the rest is probably doing sports and arts that I like

I don't like being tied down to real estate

>> No.53012885
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53012885

>>53012513
Went from 97th percentile at 34 to outside the 95th at 35.

>> No.53012906

>>53012885
how??
this baffles me

>> No.53014669

>>53012694
>Rich people don't finmax every dollar unit. They understand the value of peace of mind, good sleep...
There are many kinds of rich people who have different ideas on how to use their money. You need to let go of your oversimplifications. Owning a home isn't required to have peace of mind, good sleep, or good food. It's irrelevant, actually, unless you have some fears about shelter and the future, but that's between you and your psychiatrist.

>> No.53016022

>>53012513
97th%ile as a 30-34 year old. Need to bump that above 98 in 2023.

>> No.53017731

99th @ 30yo. started buying LINK in 2018 because of /biz/. sold at $20-$50. would have 3x as much if i hadn't paid taxes. or who knows, maybe i wouldn't have taken any profits if it weren't for taxes