At 29, my wife and my net worth is ~1.5 mill (130k in house equity) rest is just stocks and some cash (70-30 split) I’m happy with where I am but was thinking what would your guidance be on scaling this to 2-3M range in the next 5-6 years Home TC: 670k #tech #personalfinance
Keep doing the same or take way more risk
I would say, make sure you have like 1 years in saving if both of you is getting laid off, so you dont have to touch your stocks.
Blind is getting infested by of all these brag posts. Am I supposed to feel jealous? 🥱
Blind was built on these posts
Sorry I genuinely didn’t mean to sound that way. I’m very grateful and privileged to be in the position I’m at, but I just dont want to get complacent; seen wayy more successful people than me on blind, so was just looking for perspective
Keep working… invest smart, buy some long term assets . don’t gamble , u will get there.
Keep doing the same thing. You'll get there mathematically
Put it in mutual funds and let it ride slow and steady. And make sure the cash is in a HYSA. Or if you’re feeling frisky dump it into bitcoin and see what happens
Yeah switched all my cash accounts to HYSA
First of all, house equity shouldn't be calculated as part of your net worth for retirement calculations. Second, you should have cash to cover one year of expenses in case of layoff. Anything else sitting in cash is losing value due to inflation. At your age I would be focused on large cap growth stocks, probably vfiax on top of your Google stock grants. When you reach a stock portfolio of $1M, I would begin to diversify. Do your research.
Thanks
670k burn in hell
You are doing great, Congratulations 🎊🍾! For someone who is still relatively young, you could give sometime and find high growth opportunities. It shouldn’t be too crazy like dogecoin or gamestop, but try to find the next nvidia/tesla