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Anyone doing market cap analysis to identify growth opportunity? Still new to crypto but seeing how certain investments are hyped I don't see what the realistic growth is without massive investment.
Saw this tool: thecoinperspective.com. as an example, if SHIB matched DOGE then it's a 889% upside. How much is everyone investing to make moonshot gains?
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What stocks are you betting on for 2018?
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10/06 Thread (BC):
How important is QBI for REG?
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Happy Pride, all y’all 🌈🐠🐟🌈 out here!
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Happy hour places by Wall Street?
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McKinsey & Company Any advice to help prepare for data science analyst role at top consulting firms (McKinsey & Company EY Boston Consulting Group etc)? Any materials, open source platform recommended to take on freelance data science project? When should I start actively looking and applying? I am a new grad who is working in tech as a marketing analyst I’m looking to pivot to marketing& sales data science consulting next year. Would like someone with similar backgrounds offer some practical tips.
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I mean it’s a pretty big accomplishment when you consider the financial state of most US households. So maybe order that nicer whiskey at dinner to celebrate, just this once.
Then, you just kind of put your head down and keep going.
That's up to you, really. Some people blow all of it, others try to see how much they can make that number go up. I'd probably just throw a nice chunk of it into a savings account.
If you are in London, you just reached the middle class, so keep going 🤣
For most working professionals when they hit that milestone it’s mostly in retirement accounts so uh, not much was the answer in my case. It actually sorta stuck up on me. It felt good as an emotional milestone but didn’t mean much in terms of day to day.
Pay their bills and wait for their next paycheck.
Give yourself a celebratory lunch at a fastfood place, and get back to work!
All kidding aside, its a start, buf that is it, a start. Your Net Worth includes your home, but you can't your houses value. If you don't have a house ... you might have a downpaymrnt for one.
Good luck!
Figure out ways to save on your taxes
Talk to a financial advisor and get it invested for the long term. You're going to need at least $1.5mil to retire comfortably.
Decide how much you want to invest and get back to work until you have 12 months of cash saved up in case we hit a bad job market
Finally Buy that pack of gum I've been eyeing. Whoop whoop!
You go back to work on getting to $200K... which I just passed last year...
Some ideas (some of which have done myself over the past few years):
Pay off any debts and/or back taxes. I had a company go over the last 7 years of returns and make sure they were all in order, fix any problems, refile with itemized deductions, etc.
Max out your 401K and get advice on when to convert it to a Roth.
Put some money into a managed (or auto managed) fund or look at robo-traded index funds like Vanguard.
Put some money into an annuity that puts profits back into the annuity instead of paying out. It will grow while you sleep and you can always add to it for greater gains.
If you have an interest in learning to trade stocks, open a trading account (Schwab, TD, whatever). I started with $500 and Im up to $5000 now.
Start saving for real...
Buy 100 shares of some good stock and use them to sell covered calls, hypothetically you can buy 100 shares of Tesla with $18 grand, then you sell weekly covered calls that might generate up to $200-$400 per contract
Repeat that with other stocks, you end up with up to a grand per week if you sell 4-5 covered calls, put that money back in the market to buy more shares, now you can sell two or three covered calls, rinse and repeat.
Best financial advice I was ever given by adviser
Keep on working and investing, one day the rain will come. I like to be prepared.
Not much. Ask the question when you hit $10M
Gear up for the next 100K and so on til you reach 1M
Pivot to your older self start to prepare of his or her retirement and enjoy budgeting to travel now and then, good luck
Read simple path to wealth and keep earning, saving and investing!
Party and get an awesome travel agent.
Hint hint I'm a the awesome travel agent 😎
Buy groceries 🤣
Not much. 100K can't buy you anything worth having anymore. You could start thinking about investments. As tax-sheltered as possible and hedged against your currency crashing.
E.g. I'm in Canada an earning and investing in CAD turns out to actually loose me money now.