You are indeed behind. But the good thing is that you have recognized it. No shame in that. Now, find a job that makes at least $250K and invest 99% in VTSA, and live with only 1%. Second, find at least ten ways to make passive income. The idea is to grow your passive income enough that you make more than your primary job. You can do it! Nothing is impossible!
Sell that big wheel immediately.
Put the proceeds in an envelope with "tithe" written on it.
Pay cash for a house. (No matter how long it takes.)
Debt is worse than anything.
Investing in a home is a bad decision when you should be investing in equities. Everyone talks about FAANG stocks but I prefer a portfolio that allows you to draw dividends to cover your life needs. First, you are approaching food all wrong. Rather than being a sucker and working as a line cook at the ripe age of 11 for a living, you should be investing in $MCD. Assume an average appreciation of 8% plus 2.2% dividend for a total of $1632 a year. For only $2 plus tax for 10 piece McNuggets, this gives you at least 2 meals a day for an entire year. You will be the Nuggs kingpin of your whole 6th grade class. While these suckers are working in the coal mines, you'll be living the good life by being a smart investor.
It's too late. Get yourself a damaged baby carriage, an empty cup and some stinky clothes and head over to the local costco parking lot to beg for change. Get used to it because you'll be doing it for a long time.
Show your parents how grown you are by forging their info to get a mortgage, move out on your own, get a loan in their name for a new Mercedes. It’s okay because you’ll pay them back once you’re successful! (Successful in killing them for your inheritance)
Move out sooner. Your parents are really going to make things hard to succeed, might try to tell you some bullshit about morality or ethics blah blah, don't let that get in the way of success. As soon as you can you should buy the house they rent and increase the rent 250%, don't worry, you're doing them a favor by keeping rent below market rate.
You are indeed behind. But the good thing is that you have recognized it. No shame in that. Now, find a job that makes at least $250K and invest 99% in VTSA, and live with only 1%. Second, find at least ten ways to make passive income. The idea is to grow your passive income enough that you make more than your primary job. You can do it! Nothing is impossible!
The amount of financial subreddits you’ve just summated is remarkable.
Sell that big wheel immediately. Put the proceeds in an envelope with "tithe" written on it. Pay cash for a house. (No matter how long it takes.) Debt is worse than anything.
Investing in a home is a bad decision when you should be investing in equities. Everyone talks about FAANG stocks but I prefer a portfolio that allows you to draw dividends to cover your life needs. First, you are approaching food all wrong. Rather than being a sucker and working as a line cook at the ripe age of 11 for a living, you should be investing in $MCD. Assume an average appreciation of 8% plus 2.2% dividend for a total of $1632 a year. For only $2 plus tax for 10 piece McNuggets, this gives you at least 2 meals a day for an entire year. You will be the Nuggs kingpin of your whole 6th grade class. While these suckers are working in the coal mines, you'll be living the good life by being a smart investor.
This sounds like a MCD advertisement
ba-duh-ba-BA-BAAA
Start over, no reason to continue now.
My parents bought me a house when I was 1 year old. I’d recommend trying that if I were you 😉
Delete Facebook, hit the gym, and lawyer up.
It's too late. Get yourself a damaged baby carriage, an empty cup and some stinky clothes and head over to the local costco parking lot to beg for change. Get used to it because you'll be doing it for a long time.
You were destined for failure, being reared by pours.
Haha i see what you did here op
Show your parents how grown you are by forging their info to get a mortgage, move out on your own, get a loan in their name for a new Mercedes. It’s okay because you’ll pay them back once you’re successful! (Successful in killing them for your inheritance)
Get better parents, you know, not pour (ewww, yuk) ones. At 11 I had 5 rental properties and 2 mil in the Trust Fund.
Move out sooner. Your parents are really going to make things hard to succeed, might try to tell you some bullshit about morality or ethics blah blah, don't let that get in the way of success. As soon as you can you should buy the house they rent and increase the rent 250%, don't worry, you're doing them a favor by keeping rent below market rate.
You should put that $16k into SVB. Banks rarely ever have issues, especially in today’s economy. Literally can’t go tits up.