Is this an ok net worth at 29? Would you do anything differently? Grew up in poverty with parents who had massive debt, so idk what I'm doing, just trying my best
Too many liabilities, not enough hard assets. 90% of your wealth could disappear over night if this whole Iran situation doesn't go well, or if the credit market shits the bed, which is something that can and probably will happen.
>>61935531why do you count things you can't touch until you're old and grey and tired of life
>NFTs
>>61935635You can empty retirement accounts before you retire. You just take jew penalty.
buy TSLA stocks
>>61935628So shift more to gold and silver?>>61935635I'm just maxing them out since idk what else to do. I rather be comfortable when I'm old than not>>61935640yeah, idk if it's even worth bothering to keep track or sell>>61935651why? Even GLD has done better and without the Elon liability
>>61935531Pay off your student loans ASAP with the HYSA, the credit cards too if they're accruing any interest
>>61935784Done, now officially debt free. I only didn't pay before because I was earning a higher APY on the savings. Not accruing interest on the credit cards, just reward points at 2-5% cashback from my regular bills
>>61935531Can you buy a home in your area? Can you move to an area where you can buy a home. Having a home is the primary wealth driver for most normies. Think about. You put 5% down to get an expesnsive appreciating asset (20x leverage) and don't have to worry about some jew jacking up your rent next year. Your portfolio is very stock heavy. I don't recommend bonds and I don't recommend selling (unless for a downpayment on a home), but I would be dollar cost averaging into gold and maybe other hard assets (e.g. silver or platinum) if I were you just to reduce the volatility of your portfolio (via asset diversification which a home also helps with). I'd also be looking for something with massive growth potential. In the past this was things like crypto. Rich fags have pre-IPO/private equity options that are generally cut off to normies. Having 1% into something that might grow 100x is something that can double your net worth with little downside so you should look for it.
>>61935628>muh iranthe line always goes up you stupid faggot
>>61935851I mean, that's what you're supposed to do. If you have higher APY on your savings than interest you're accruing on your loans.. Then you're making money by just depositing that into your HYSA and paying the monthly balance on your loan. Why did you pay it all off? Federal loans are usually like 2-3 percent. You only pay off if you're losing money to interest on other loans.. like credit cards, car payments etc.
>>61935929>buy a homeI don't like my area, it's just LCOL, so idk, just paying a little under $900 for rent. Areas that I do like are too expensive. I don't think I'd live in my current area for more than 5 years. I was hoping there would be a market crash at some point. In all honesty it seems I'd outperform with just index funds long term anyway so idk.>I would be dollar cost averaging into gold and maybe other hard assets (e.g. silver or platinum)Yeah, this is what I've been doing. The IRA is a mix of GLD/SIL and the brokerage is a mix of gold, silver, copper mining stocks. Likely will just move the savings account to SGOV to make it easier.>Having 1% into something that might grow 100xany suggestions for what this could be? Or just wait for crypto in a couple years to be something again? >>61936012My HYSA APY went from 4.5% to 3.3% and even with SGOV it's 3.55%, which was around or lower than my 3.5%-4.2% in student loans, so just paid it off, fuck it.
