>just turned 38>finally thinking about investing>have £2400>earn £28k a yearGive it to me straight /biz/, how fucked am I?
>>62632066buy SOXL or stay poor
>>62632066You’ve got all the time in the world, anon. At work, I look after a 99-year-old lady; she’s completely sharp mentally—she just has trouble moving around—but with medical advances, you’ll easily live to be 120. Accumulate.
>>62632066wtf nigga
>>62632066i'm in the same boat, but i'm 10 years younger. we earn about the same too. now would be a good time to buy btc and gold. how much are your bills? DCA £250 per month into BTC, if you can afford it. and understand you wont touch it until the next bullmarket even if that takes 4 years.
Make more money. Investing is for people with so much money laying around it's worth their time to figure out the best way to grow it, or they can just throw it in the s&p and make a meaningful amount of money from 10-20% annualized returns >b-b-b-b-but-I get it, growing any small amount of money can be meaningful. But you could be forced to spend all those 2400 pounds on a medical emergency or some other random expense. You should be figuring out how to get to 10k minimum before you even think of "investing". Gambling is a different story tho
>Read 28>Actually 38Bro how? Figure out a way to make 50k minimum wtf
>>62632066>just turned 38>earn £28k a yearIt's over unless you drastically increase your income, forget investing.
You are fucked, but only because you're still a coom brain that watches hentai at the age of 38.
>>62632066The first step is most important anon. Just scrounge up what you can afford to lose and invest every month. After a few years, you'll be glad you did it anyway
>>62632066If I was in your position I’d personally “drop out of society and hermit in the woods” max. You can live a pretty comfy and cool life in nature in the cheap, it will be lonely and you might have to work a couple months of the year for some spending money but it’s a hell of a lot better than waging full time and still being a loser
>>62632066God damn I wish it was 2018 againActually wait, I wish I was in highschool again
>>62632066how are you making so little at nearly 40?
>>62632066Pretty fucked. I'm 38 and make nearly twice what you make and have 8-10 years worth of income in net worth.
>>62632066Geez we're the same age and I've made more than that just from collecting options premiums this year. You bongs got it down bad.
>>62633160>>62633179>>62633252>>62634773>£Did you miss the part where OP is British?
>>62634907Nope, £28k is absolutely fuck all here. His take home pay presuming no student loans and some pension contribution is about £1900 a month.That might get him a 2 bed place in the nastiest of paki shitholes while just about being able to afford to eat after bills are paid.
>>62635033Here's a more recent map.>£28k is absolutely fuck all here.Statistically, it isn't. The UK is a poor country. It's like white Malaysia if Singapore wasn't independent.
>>62632066On a scale of 1-10, 10 being it's over. You're about a 1, we're so back.
>>62632066is that after or before taxes?how much of it can you save a month?either way its wise to save money and you're not in debt which is good.
>>62632104Did you fuck her?
>>62632066Dnr but godlike fat distribution in picrel
>>62635068You can post all the charts you like about income, they don't factor in a myriad of things about peoples wealth.
>>62635099Ok sure I'm sure all those people earning less than £25k in Sunderland and Newport have £1.5mm in an ISA because these numbers include "unearned" income.No matter the statistical reality, there is always some absurd cope.>y-yeah we might only earn £27k on average b-but it's ok because muh nhs or somethingJust face it, the UK has turned into Russia with more brown people.
>>62632066I mean you're pretty much fucked
Not everything is investing, I'm sure you had other life experiences as well, you can just start investing now.>hurr I didn't make it by 30Who gives a shit, most anons who make it end up depressed neets
>>62635431do you think she'd let a 35 year old bald white man suck her tits and lick her pits?
>>62635435I don't think how you look matters more than the amount of money you have.
>>62632066>angloidIt's fucking over for you bro. Deservedly so too. Doubly so in fact since you're a Rikkafag
>>62632066subversive faggot
>>62632066you're britishwho fucking cares about investing, you'll get a cushy little retirement because of your nannystateinvesting is for americans because we are forced to fund our own retirements
>>62632066you're me except i have 100k instead of 2400 euro. I've currently started trying to teach myself a side hustle that could make me 6 figs hopefully ontop of my min shit part time job. If i fail hopefully then at the very least i have skills that could land me a real job if i ever desire it.
>>62634907>household incomeAnd let me guess, average instead of median? Lel
>>62632066>tfw if I give up on making>go all in 1 stock, via wheeling>i'd make in 1 month a minimum of $4000 USDJeez I only waged for <5 years of my entire life and have mostly neeted.
>>62636636>The full rate of new State Pension is £241.30 a week.>£12,547.60 a yearhttps://www.gov.uk/new-state-pension/what-youll-getWhoa what a cushy retirement! Totally worth what it costs in taxes too.
>>62632066You can still accumulate BTC, native stake it and watch it grow. It's never too late to start investing, except maybe you're in your 90s kek
>>62632066How can you survive with just 28k a YEAR??? Do you live in a communist state where rent doesn't exist??
uk is incredibly poor
>>62632066>>have £2400How do you have so little, do you spend it all on materialistic slop? Anyway, don't keep this much in £s. Only the bare minimum for essential expenses and invest the rest.
>>62638698Welcome to europe and sucking off the gov's tax cock.Ever wondered why almost no millionaires exist in europe aside from political ones? lmao
>>62638026When you have social services and a healthy public sector you don't need as much money. Brits have free healthcare and the council does a lot. It's called Socialism.
>>62632066once palantir hits 666billion buy pltz to short it. buy crocs and canada goose and lulu and riot
>>62638757you just bad at personal finance or earn too little. get your money up or starve to death for a abysmal chance of making it
>>62635068Brexit sissies... is this really all you got?Im an average high voltage electrician and earn 80k€ a year in germany.
