If you don't mind saying, what is your age?I would put all in small cap growth index...
I am about to put all my 401k (150k+) in small cap growth... Anticipating 50%+ growth in the next 2 years. Risky move! I know.
If you don't mind saying, what is your age?I would put all in small cap growth index...
I am about to put all my 401k (150k+) in small cap growth... Anticipating 50%+ growth in the next 2 years. Risky move! I know.
how much did you gain today?This is the most I've made in one day assuming the market stays green.
Congrats, you hold it well. Look at it rocket lol. I want to add more but kind of scare nowI almost gave up on BB since I got it in the 7s and it was 6s for the longesttt time. Glad I held. Good long term. I need to average up too
how much did you gain today?
Congrats, you hold it well. Look at it rocket lol. I want to add more but kind of scare now
High 30sIf you don't mind saying, what is your age?
I'm a little (not much) older. I recently moved the bulk of my 401k to bond index, but my 401k is only about 50k (rolled the rest over to another account in my last job switch).High 30s
I am just betting that the next 4 years will be big for small cap with all the quantitative easing of a Biden administration... I have 25% of my 401k in small cap growth index and YTD return is already 10%... I will change that to 100% next month when my 401k plan allows it.I'm a little (not much) older. I recently moved the bulk of my 401k to bond index, but my 401k is only about 50k (rolled the rest over to another account in my last job switch).
I feel like I heard somewhere recommending high growth for taxable accounts and stability for tax-deferred accounts - but can't remember where I saw that - maybe on SDN or BHs. Or it could have been vice versa 🤣
I am just betting that the next 4 years will be big for small cap with all the quantitative easing of a Biden administration... I have 25% of my 401k in small cap growth index and YTD return is already 10%... I will change that to 100% next month when my 401k plan allows it.
How come your 401 is only 50k as a PharmD?
Congrats, you hold it well. Look at it rocket lol. I want to add more but kind of scare now
Great... As a pharmacist, your asset should be 1.5-2 mil in your mid forty.It's just from recent past few years when I switched jobs to my current workplace. Legacy 401k has all been rolled over to an IRA.
if BB not doing share offering any time soon, I would expect it to go as far as 30ish EOY (wishful thinking lol).Thanks lol I’m kinda regretting not buying more during those 6s 🥲 if it hits 15 EOW, I’ll take some profits. It takes me forever to do that. Maybe I just have a hopeful outlook. I finally did with FCEL. Sold some shares when it hit 18 today
Great... As a pharmacist, your asset should be 1.5-2 mil in your mid forty.
I'm just under 1.3M in early 40s. I feel on track, but of course I wish I was ahead of the track like already at 2M...esp when so many made huge gains this year (like 1 M)Great... As a pharmacist, your asset should be 1.5-2 mil in your mid forty.
I think I confused you with someone else lol?
I believe you mean FRSX, but I do not own that stock (unfortunately).
Don't you guys invest ~30% (30-35K) of your gross pay? If you graduated pharm school 27, by mid 40s, you should be in the market for 20 yrs...Damn I got a long way to go. Is that per spouse or together? What if you have kids? Does that include your house? Do you subject your mortgage?
That's perfectly fine. It's where I think most would/should be... Now you should set a target to be at 3+ mil in your early 50s. So you can decide whether or not you want to end the rat race (aka work on your own terms).I'm just under 1.3M in early 40s. I feel on track, but of course I wish I was ahead of the track like already at 2M...esp when so many made huge gains this year (like 1 M)
this the type of comment that get me depressed af lolDon't you guys invest ~30% (30-35K) of your gross pay? If you graduated pharm school 27, by mid 40s, you should be in the market for 20 yrs...
Your asset should be at least 1.5 mil and that includes house(s)...
Why?this the type of comment that get me depressed af lol
Don't you guys invest ~30% (30-35K) of your gross pay? If you graduated pharm school 27, by mid 40s, you should be in the market for 20 yrs...
Your asset should be at least 1.5 mil and that includes equity in your house(s)...
You should definitely substract...Do you subtract your mortgage debt? I have like 220k equity but also have like 580k left on the mortgage. What about kids? Took us 3-4 years to payoff loans and save up down payment, so no we didn't invest 30% of gross pay until like 5 years after graduation. We also help out our parents financially.
My God that mortgageDo you subtract your mortgage debt? I have like 220k equity but also have like 580k left on the mortgage. What about kids? Took us 3-4 years to payoff loans and save up down payment, so no we didn't invest 30% of gross pay until like 5 years after graduation. We also help out our parents financially.
You should definitely substract...
For instance I have two houses that worth ~600k, but owe ~ 200k. So my net equity is 400k.
You must be living in a HCOL area. Why do you have such a high mortgage? Even if I made 400k/yr, I probably would not spend more than 500k in a house. And I live in a medium cost of living area.
Why are people 'enslaving' themselves to big banks by having big mortgage?
What's wrong with a house like that?
16219 Alligator Gar Ct #OC2OEC, Cypress, TX 77433 | Zillow
16219 Alligator Gar Ct #oc2oec, Cypress TX, is a Single Family home that contains 2522 sq ft and was built in 2021.It contains 4 bedrooms and 3 bathrooms. The Rent Zestimate for this Single Family is $3,056/mo, which has increased by $60/mo in the last 30 days.www.zillow.com
how much you paid for yours if you don't mind sharing? When was the purchase made?Yes. A 450k home is a teardown here. New construction is 1.2mil+. Our house appreciated by 50k last year according to Redfin. There's lots of high paying jobs and no more land to build. Covid has increased demand for SFH with a yard as people are leaving the congested city. Any metro area along the coast is this way.
Are much you paid for yours if you don't mind sharing? When was the purchase made?
I do understand some people are geographically restricted... But people have to understand that living in a high COL area can put one behind a lot financially due to compound interest.Nothing but we don't know live there, don't have friends and family there and don't have jobs there so yeah.
Maybe I did not understand your question... You subtract whatever what you owe in the house from what it's worth...750k last year.
I don't get why you should subtract the mortgage from equity. We have 200k equity so we should subtract 580k, making our net worth -380k? We could sell the house for 800-850k.
Maybe I did not understand your question... You subtract whatever what you owe in the house from what it's worth...
For instance, if your place worth 850 and you owe 580... So it's an equity of 270.
You have not noticed that most have bought into the American dream nonsense. Also, some might keep working even if they worth that much...Okay.
If it's so easy to get 2 million by your 40s then why are there so many old pharmacists still working in their 50s-60s? These boomers paid like 100k for their homes that are worth 1 mil+ today.
Okay.
If it's so easy to get 2 million by your 40s then why are there so many old pharmacists still working in their 50s-60s? These boomers paid like 100k for their homes that are worth 1 mil+ today.
wait are u guys multi-millionaire pharmacists ? asking for a friend 🤣Absolutely no idea how these boomer RPH dont have enough to retire. Not just because of their total career earnings, but because they received a massive overall pay increase starting in 2000 when the pharmD became required and the shortage began.
Splenda is right though, if you max 401k/HSA/IRA your looking at ~$30k a year with match. Compound it for 20 years at an inflation adjusted 7% and youre looking at 1.4mil.
If you really want to know the answer to this question, listen to any retirement or investing podcast. I like The Money Guy. Many people like Dave Ramsey or Chris Hogan.Okay.
If it's so easy to get 2 million by your 40s then why are there so many old pharmacists still working in their 50s-60s? These boomers paid like 100k for their homes that are worth 1 mil+ today.
wait are u guys multi-millionaire pharmacists ? asking for a friend 🤣
starting a position in AMC @ 3.25--might sell tmr lol
Thinking about Rocket lithium and Velodyne. Will buy more tomorrow.
GEVO did a share offering. Buy the dip!
Idk. I might sell amc now bc their debt is alarming. Will add those to my watch list.Was thinking of AMC for my under $5 options. But I’m also debating whether to add more AREC (got for $1.45 i think [mention]mentos [/mention]mentioned it?) or SENS, which I’ve been eyeing since the .80s then I watched it go past me 🥲
Not going to buy futu?
Not going to buy futu?
I put an order in to buy GEVO at the open.
Sold NNDM from the wife’s account 4.9k to 6.7k and bought 880of BNGO at 7.50
I would buy some myself, but 90 day jail prohibits this
Not going to buy futu?
I put an order in to buy GEVO at the open.