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Anonymous User
Newbie to investing and never invested in a company that went through a reverse stock split.
In theory, I understand the market value should increase but I’m not seeing this reflected in the price and naturally my book value/ share is very disappointing.
A) When should I anticipate the stock appreciation to occur?
B) What’s the next move for companies that do this? Issue more shares?
TIA!
https://finance.yahoo.com/news/retransmission-hive-blockchain-announces-5-100000300.html
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Of anyone needs reference at Amazon. Let me know
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Anybody with a sailpoint certification here?
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$130k / $21k / $35k / 8 years
I was making $60k in 2018 with $15k in credit card debt and less than $1k padding in checking. Don’t be afraid to ask for what you’re worth but when you get it, keep the same lifestyle to put away savings.
I paid off the debt bc I didn’t increase my lifestyle when my salary went up. I paid it off within 4 months of getting to the $105k salary. I had a car with no car payment and I kept my tiny apt with the low rent. I just threw everything else I made toward that. As far as salary, I was really underpaid with 7 years of experience in 2019. I got recruited by Amazon and turned it down - I told someone in leadership in a different dept about it and they told the lead of my dept they were going to lose me if my raise/promo didn’t come through. I got a raise from $60 to 80 and then 6 months later got recruited for another client side role, I asked $120 total comp (base $105), took that and then when I was laid off from that role in a COVID restructure I was approached for a contract role and I negotiated the equivalent of more than $130 a year. I don’t tell them my last salary and I highlight that my background is unique (I was an analyst for a bit and I’ve been client side twice) so that’s the salary I need. You have to pretend to be confident and act like you’re gonna walk. I’ve been too expensive a few times but that’s okay.
80k / 16k checking / 15k savings / 7 years of work (some not in ad).
Three years ago it was legitimately ~$1k mo / nearly zeroing out / zero savings. So I’m not where I want to be but so happy I’m not where I was anymore.
Well done! The first 30-50K is hardest. Keep at it.
What is this? The consultants bowl? 😂😂 we don’t have any money
That was actually the worst to watch though. I was like wow I am poor in comparison. Is this normal? Lol. I was really proud of myself before I saw that 😅
How much do you weigh? What do you get off to? What's your SSN?
Not enough, not enough, not enough, 30.
$0
Rising Star
Lesson number one is don’t compare yourself to anybody who has a ridiculous amount of money saved up.
$160k salary / $60k checking / $95k savings / $228k retirement / 14 years
85k salary / 3k checking / 34k savings / 3 yrs
You guys realize you’re losing out on free money by keeping it in a low interest savings account right? Unless you need it in the near term for a down payment... invest it in one way or another!
Exactly SS2. And BBC1, Buffet is trying to get in on the markets that are ripe to turn bull, like Japan. He’s simply a master of diversification. Tell me one reference where he recommends not to invest. Buffet gets greedy when the world is at its most pessimistic. 🤑
$170K/$29K/350K/1.2M/18
head of strategy 1 please let us know your money saving and retirement tricks! also is that a 401k or something else! how old were you when you started the retirement account and how much were you adding yearly?
220/20/90/12 years
55k / 2k / 20k / 2 years
wow, you guys are killing it. I live in nyc and find saving on a $100k salary really difficult. any tips?
I hide money from myself. So instead of 26 paychecks, i budget for 24 (2 a month). The other two I hide in an account that I don’t see. Out of sight, out of mind. If you get a bonus or another windfall, spend 20% and hide the rest.
$68,000 Salary / $3,000 Checking / $33,000 Savings / $19,000 401K / Four Years
$250k/$40k/$1.6m (including est. net of house after mortgage)/17yrs
85/2/28/ 3 years
60k/95k/1.5 yrs
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Publicis pays well surprisingly. And they could live in a high COL city like NYC.
100k / 5k / 0k (just bought a house) / 4 years
my wife and i had a total of 75k.
$260k salary / $2k checking / $120k saving / $100k retirement / 10 years.
Only started actively saving about 2 years ago after spending a few years wiping out lots of cc debt - that was the hardest part for me... getting back to zero.
My solve from there was to build a google spreadsheet, track all inflow/outflow, give myself a limited spend fund each pay check (~800/month), and everything else goes into bills/savings/401k/rent/food. Having visibility over all outgoings was critical to keep myself honest.
Payday doesn't feel like it did in my 20s when as soon as that day hit I'd feel all giddy... go and splurge on things... Now it's just another day, but I do I feel more responsible and in control of my future.
10 years of work and a $260k salary?!! What’s your title?