Hey guys! Didn’t have anyone to share this news with but I finally hit my goal of having $250k net worth today despite having a low TC. I know it’s not much for blinds standards but I’m proud of it. My TC has been fairly low as entry level ($95k) for the past 2 years, but I’ve been DCAing whatever play money/savings I had into bitcoin weekly since 2020. I figured that with such a low TC and having a career switch in 2022 that set back my TC it was worth taking a calculated risk early on with the little money I had for my investments. I’ve been a long term believer in bitcoin since college so I don’t plan on selling majority of it for a while (I’ll continue DCAing). My TC should increase exponentially over the next 4 years but I’m super exciting for what Bitcoin has in store over the next 8 years….. TC: $95k non Eng Age: 26 YOE: 2 years
Diversify
You generated Alpha, great. Now learn how to capture it.
I would sell at 70k and invest in something like a 401k until you hit your limit each year
Company doesn’t 401k match so it doesn’t make sense
Match is a plus. The investment options are what matters. You’re giving up tax-sheltered investment vehicles.
Congrats. I don't believe in crypto. Even if you do don't put everything in one basket
Yup good advice!
You should celebrate! And diversify away from crypto some. You don’t need to get rich quick
Congrats. But you only make money when you sell. Don’t count your chicks before they hatch.
Agreed! Since I live pretty frugally I don’t think I’ll need lots of cash for a while even after I get a promo/TC bump. So I don’t mind holding it for a lot longer.
How is your TC only 96k at snowflake?