>$95k salary>$300k house with no mortgage>$15k in cash savings>$5k in index funds>$15k in credit card debt that I keep rolling over to 0% interest balance transfer offers every 18 monthsWhat should I do to improve my financial situation in the short to medium term? I'm currently setting aside $1k every month to split between s&p, small cap, and bond index funds.
Okay this is gonna be crazy so hear me outSuckYour own dickFor FreeAnd then do some overtime or something
>>62210127not much you can do outside of increase your income or make concentrated stock investments trying to beat the SP 500.
>>62210127>>$95k salary>>$300k house with no mortgageAfter tax is about 70k. You can save 2500/month easy. Max out roth ira, 401k, and ISA. Pound it into low cost 30% btc etf, 70% split between low cost s&p500 and QQQ etfs.$3,194,255 in 20 years easy if you assume 12% return - https://iqfy.com/compound?s=20000~USD~12~12~20~12~2500~3
>>62210127Youte doing great nigga.
>>62210161*HSA
$300k house, so a shitbox?
>>62210176bigger house = higher utility bills, more taxesmaybe he doesnt need 5br
>>62210161>Pound it into low cost 30% btc etf, 70% split between low cost s&p500 and QQQ etfs.Is this how you legitimize a shit-tier asset? By placing it next to the GOAT?
>>62210184I have ZEC and HYPE to the gills in addition to BTC but normal people who want to live a life shouldn't do discretionary trading, just keep buying more etfs for the couple assets that are going to do well in the long run almost no matter what
>>62210127I am somewhere at 150k and it pretty much took me 10 years as well. does that mean I am going to double my money in the next 5-6 years?
>>62210210$272,505 if you assume 12% return and 5 yearshttps://iqfy.com/compound?s=150000~USD~12~12~5~12~0~3
>>62210216also another 85000 from savings (17k per year) from my wagie job, probably more because I invest that money during that time. I would be happy with that.
>>62210127Age? If you're over 30 with that it's over
>>62210217If you won't partake in retardation like spending half your salary on onlyfans, collectibles, luxuries, and consistently buy the proven etfs instead, you're gonna be rich almost no matter your salary
>>62210127My roommates are white trash (trump supporters) and nogs. I think you're doing quite well bro.
>>62210243kys tranny
>>62210184It's an old skool /biz/ trick>I'm buying only the real deal blue chips like BTC and FuckMyAnusInu
>>62210253I really don't know what's worse nigs or white trash.
>>62210127assuming these returns is so dumb when there have been years of flat returns
>>62210285Onga bonga short term returns jabba googa ooga click click nike shoes booga
Thank your parents fo giving you the house and really suck up to them, becaue if thats all the assets you have at that salary, you better have a fat ingeritance coming to not be broke
